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SNDL

SNDL (NYSE:SNDL) has seen a 4.9% decrease in short interest, with 12.18 million shares sold short, representing 4.66% of available shares. The short interest decline suggests a more bullish sentiment among traders, as it would take 4.27 days to cover short positions based on current volume. SNDL's short interest is below its peer group average of 10.38%, indicating less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 7:30 pm

FSLR

First Solar (NYSE:FSLR) has seen a 5.84% rise in short interest since its last report, with 4.42 million shares sold short, representing 5.44% of its float. The short interest is higher than the peer group average of 3.57%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Traders would need approximately 1.38 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 6:30 pm

AAPL

CLSK

IONQ

LRCX

MSTR

NVDA

ORCL

PANW

SNOW

TSM

Today's whale alerts indicate significant options activity for several IT stocks. Notable trades include bearish call sweeps for NVDA and SNOW, bullish put sweeps for CLSK and TSM, and various bullish and neutral call trades for MSTR, ORCL, AAPL, IONQ, and LRCX. PANW saw bearish put trades. These activities suggest that large investors are making strategic bets on these companies' future stock movements.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 5:35 pm

WBA

Walgreens Boots Alliance (NYSE:WBA) has seen a 9.93% decrease in short interest since its last report, with 42.71 million shares sold short, representing 6.8% of its float. The short interest is higher than its peer group average of 0.61%. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 4:30 pm

MSFT

A comparative study evaluates Microsoft (NASDAQ:MSFT) against its competitors in the Software industry, analyzing financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Microsoft shows potential value with a lower P/E ratio, a strong financial position with a low debt-to-equity ratio, and robust profitability indicated by high EBITDA and gross profit. However, its P/S ratio suggests potential overvaluation, and its ROE and revenue growth are below industry averages.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 4:00 pm

RXRX

Recursion Pharmaceuticals (NYSE:RXRX) has seen a 3.06% increase in short interest since its last report, with 37.02 million shares sold short, representing 26.94% of its float. The short interest is higher than the peer group average of 14.47%. High short interest can indicate bearish market sentiment but can also be bullish if it leads to a short squeeze.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:15 pm

PFLT

PennantPark Floating Rate (NYSE:PFLT) has seen a 66.33% increase in short interest since its last report, with 945 thousand shares sold short, representing 1.63% of its float. The short interest is below the peer group average of 2.20%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:15 pm

MTEN

Mingteng International Corporation Inc (NASDAQ:MTEN) is set to go public on Jan 2, 2024, with an IPO price range of $4.00 to $6.00 per share. The company plans to offer 2,000,000 shares at $5.00 each, with a 180-day lockup period. IPOs allow private companies to raise capital by offering shares on an exchange after meeting SEC requirements and establishing an offering range with investment banks.

Portfolio Pulse from Benzinga Insights

December 31, 2023 | 5:06 pm

AGG

BND

JNK

The bond market experienced a rally in 2023, but analysts warn of potential over-optimism for 2024. The 10-year U.S. Treasury note yield has seen significant fluctuations, with a recent retreat from over 5%. Investors are considering a 'soft landing' scenario, but challenges like the fiscal deficit and corporate debt refinancing remain. Diverse views from experts at Allspring Global Investments, Sierra Mutual Funds, BlackRock, Manulife Investment Management, and Apollo Global Management highlight the uncertainty. Three ETFs, AGG, BND, and JNK, are suggested for investors interested in the bond market.

Portfolio Pulse from Bibhu Pattnaik

December 30, 2023 | 3:18 pm

NVDA

Nvidia CEO Jensen Huang's net worth soared to $44 billion in 2023, surpassing Warren Buffett and Bernard Arnault, due to a 246% surge in Nvidia stock. Huang owns a 3.5% stake in Nvidia, with his shares now valued at about $43 billion. Nvidia's Q3 earnings were $4.02 per share, beating estimates and showing significant year-over-year and sequential growth. Revenue also exceeded forecasts, and the company is targeting $20 billion in Q4 revenue. The stock rise is attributed to optimism about Nvidia's role in AI.

Portfolio Pulse from Anan Ashraf

December 30, 2023 | 9:16 am