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PLTR

Palantir Technologies Inc. (NYSE:PLTR) stock is trading higher, continuing a month-long upward trend with over 16% gains. Jim Cramer recently praised the company's 'dynamite' Q3 financial results, which surpassed consensus estimates. Wedbush analyst Daniel Ives maintains an Outperform rating and a $25 price target. The stock is popular among retail investors and is trending on Stocktwits and Yahoo Finance, with 8.19% of PLTR shares sold short.

Portfolio Pulse from Erica Kollmann

November 10, 2023 | 5:24 pm

OTRK

Ontrak Inc. announced the pricing of a $6.3 million public offering, an $11 million concurrent private placement, and a $16.3 million conversion of secured notes, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 5:18 pm

INTZ

Intrusion Inc. has entered into a Securities Purchase Agreement for a private offering, raising $2.4 million through the sale of 4,359,374 shares at $0.60 each.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 5:15 pm

UBSI

United Bankshares, Inc. (UBSI) has announced an increase in its quarterly dividend from $0.36 to $0.37 per share, marking the 50th consecutive year of dividend growth. The dividend is payable on January 2, 2024, to shareholders of record as of December 8, 2023. The total dividend payout will be approximately $49.9 million on 134.9 million shares. CEO Richard M. Adams, Jr. highlighted the company's strong performance and disciplined approach as key factors in its ability to consistently increase dividends.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 5:11 pm

HSBC

HSBC Holdings Inc. (NYSE:HSBC) shares dropped by 0.46% in the current session to $36.80, reflecting a 7.42% decline over the past month but a 30.54% increase over the past year. The article discusses HSBC's price-to-earnings (P/E) ratio in comparison to its industry peers, noting that HSBC's P/E is lower than the Banks industry average of 32.44, which could indicate that the stock is undervalued or that investors have lower growth expectations.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 5:00 pm

TKO

TKO Group Holdings Inc (NYSE:TKO) shares dropped 8.2% after announcing the pricing of a secondary offering by Vincent K. McMahon for 8.4 million shares at $79.80 each. TKO will repurchase $100 million worth of shares from the underwriter at the same price. The proceeds will benefit McMahon, not TKO. TKO's CEO and directors bought shares at the offering price. Morgan Stanley & Co. LLC and MUFG Securities Americas Inc. are managing the offering. TKO's 52-week range is $76.31 to $106.16.

Portfolio Pulse from Henry Khederian

November 10, 2023 | 4:25 pm

ASML

ASML Holding (NASDAQ:ASML) is analyzed in comparison to its competitors in the Semiconductors & Semiconductor Equipment industry. ASML, a leader in photolithography systems, shows strong financial performance with a lower P/E ratio than the industry average, suggesting potential undervaluation. However, its high P/B and P/S ratios may indicate overvaluation in terms of book value and sales. The company's ROE, EBITDA, gross profit, and revenue growth are significantly higher than the industry average, indicating robust profitability and cash flow generation.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 4:00 pm

NVS

Novartis (NYSE:NVS) has seen a 12.5% increase in short interest since the last report, with 3.65 million shares sold short, representing 0.18% of available shares. It would take about 1.87 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Novartis has less short interest compared to its peer group average of 3.94%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:30 pm

BK

Bank of New York Mellon (NYSE:BK) has seen a 29.87% increase in short interest since its last report, with 7.66 million shares sold short, representing 1.0% of its float. The short interest is below the peer group average of 3.02%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:15 pm

EMXC

Rep. Carol Miller reported purchasing iShares MSCI Emerging Markets ex China ETF (EMXC) stock valued between $65,002 and $150,000 on November 9, 2023. EMXC shares are up 1.35% at $51.0. Congressional transactions are monitored under the STOCK Act and are not primary indicators for investing decisions but can be considered by investors.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:05 pm