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MSFT

NVDA

Soros Fund Management's latest 13-F filing reveals that the fund has dissolved its stakes in Microsoft (MSFT) and NVIDIA (NVDA). This move could indicate a shift in Soros Fund Management's investment strategy or a negative outlook on the tech sector.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:45 pm

CAPR

Capricor Therapeutics announced that its available cash and equivalents are expected to cover expenses and capital requirements into 2025. This forecast takes into account the $23.0 million raised in a registered direct offering in October 2023 but does not include potential milestone payments from its agreements with Nippon Shinyaku or any unplanned strategic capital use.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:41 pm

TDF

Templeton Dragon Fund, Inc. (NYSE:TDF) has announced a self-tender offer to purchase up to 25% of its common shares, totaling 8,451,035 shares. The offer will commence on November 21, 2023, with shares being purchased at 98% of the Fund's NAV per share after the tender offer's expiration. The offer is part of an agreement with City of London Investment Management Company Limited, which includes standstill covenants. TDF shares have been trading at a discount to NAV, and the current NAV will be available on the Fund's website. Shareholders are encouraged to read the offer to purchase for important information.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:23 pm

EMF

Templeton Emerging Markets Fund (NYSE:EMF) has announced that its Board is committed to repurchasing shares when the Fund's discount to net asset value exceeds -10%. The repurchases are subject to the discretion of Templeton Asset Management Ltd. and market conditions.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:23 pm

KDP

Keurig Dr Pepper (NYSE:KDP) has experienced a 20.22% increase in short interest since the last report, with 20.23 million shares sold short, representing 2.14% of available shares. It would take about 2.07 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a price drop. KDP's short interest is below its peer group average of 6.86%.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 8:45 pm

VMW

VMware's (NYSE:VMW) short interest has increased by 137.8% since the last report, with 10.22 million shares sold short, representing 3.9% of available shares. It would take 2.44 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, VMware has less short interest compared to its peer group average of 4.92%. The rise in short interest doesn't necessarily predict a stock price fall, but it's a factor traders monitor.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 8:45 pm

AUVI

BCDA

INVO

KBNT

SKIN

THRX

U.S. stocks saw significant gains with the Dow Jones rising over 500 points. Home Depot (HD) reported third-quarter results that exceeded expectations, with a 3% year-on-year sales decline to $37.71 billion, surpassing analyst estimates of $35.66 billion, and an EPS of $3.81 beating the consensus of $3.58. Real estate shares led the market with a 5% surge, while energy shares had a modest increase of 0.5%. BioCardia (BCDA), INVO Bioscience (INVO), and Theseus Pharmaceuticals (THRX) experienced substantial stock price increases due to positive company developments. Conversely, The Beauty Health Company (SKIN), Kubient (KBNT), and Applied UV (AUVI) saw their shares plummet following negative financial results and company announcements.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 8:10 pm

BTCUSD

ETHUSD

GOOG

GOOGL

At Benzinga's 'Future of Digital Assets' event, Widmann expressed his belief that smaller scale projects will be key in transforming the structures of capital markets.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:32 pm

VIPS

Vipshop Holdings Ltd (NYSE:VIPS) reported a 5.3% Y/Y revenue increase in Q3 FY23 to $3.1 billion, with GMV up 13.1% and active customers growing by 3.5%. Gross profit fell 13% Y/Y, but adjusted operating income rose 33% with improved margins. Adjusted EPS increased, and the company repurchased $13.4 million of its ADSs. Vipshop anticipates Q4 revenue growth between 0% to 5% Y/Y. VIPS shares rose 1.36% to $14.50.

Portfolio Pulse from Akanksha Bakshi

November 14, 2023 | 7:29 pm

Estee Lauder Cos Inc. (NYSE:EL) saw a 1.89% increase in its stock price to $115.88 in the current market session, despite a 13.53% decrease over the past month and a 44.66% drop over the past year. The company's P/E ratio of 74.33 is significantly higher than the Personal Products industry average of 30.47, which could suggest that investors expect better future performance or that the stock is overvalued.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 7:02 pm