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GCT

Navellier Accelerated Profits Newsletter has reportedly purchased stock in GigaCloud Technology. No further details about the transaction were provided.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 2:24 pm

AMAM

BTM

CURV

TPST

VAPO

The top five short squeeze candidates for the week include Ambrx Biopharma, Tempest Therapeutics, Torrid Holdings, Bitcoin Depot, and Vapotherm. These stocks have high short interest and steep borrowing costs, common traits that could lead to a short squeeze. Ambrx Biopharma and Tempest Therapeutics, both biotech stocks, top the list.

Portfolio Pulse from Chris Katje

October 31, 2023 | 2:21 pm

PYPL

A whale investor has taken a bullish stance on PayPal Holdings (NASDAQ:PYPL), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $32.5 to $55.0 for PayPal Holdings over the last 3 months. The price of PYPL is up 0.27% at $51.19, with RSI indicators hinting that the stock may be approaching oversold. Next earnings are expected to be released in 1 day.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 2:01 pm

AMAT

A significant bullish stance has been taken on Applied Mat (NASDAQ:AMAT) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $130.0 to $165.0 for Applied Mat over the last 3 months. UBS has maintained their Neutral rating on Applied Mat with a price target of $150, while Needham upgraded its action to Buy with a price target of $180.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 2:01 pm

CCJ

Investor Business Daily SwingTrader has reportedly purchased stock in Cameco, a uranium mining company. This could potentially influence the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:47 pm

VEON

VEON Ltd. (NASDAQ:VEON) has announced the launch of a new digital operator, OQ, in Uzbekistan. The operator will provide integrated digital experiences in entertainment and communication, targeting digital natives. The service will be available nationally across Uzbekistan, offering users the benefits of independent service selection, individual tariff formation, and fair payment commitment. Users will be able to connect to new mobile applications rapidly, using biometric identity verification technology.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:45 pm

SFM

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has announced the appointment of Curtis Valentine as the company's new Chief Financial Officer, effective from January 1, 2024. Valentine, currently the Senior Vice President of Finance at Sprouts, will succeed Lawrence Molloy, who plans to retire at the end of 2023. Valentine brings over 15 years of financial and retail experience to the role, having served in Sprouts' financial organization for over eight years.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:26 pm

VFC

V.F. Corp (NYSE:VFC) reported mixed Q2 results, beating sales estimates but missing on earnings per share. The company also announced a transformation program, withdrew its full-year guidance, and expects a difficult wholesale environment ahead in the U.S. Multiple analysts lowered their price targets for VFC following the results.

Portfolio Pulse from Adam Eckert

October 31, 2023 | 1:26 pm

SFM

Sprouts Farmers Market (SFM) has provided its Q4 and full-year 2023 outlook. The company expects Q4 EPS to be between $0.42 and $0.46, with comparable sales growth of around 3%. For FY23, SFM anticipates EPS of $2.77-$2.81, net sales growth of 6.5%-7%, and the opening of 30 new stores. Capital expenditures are projected to be $190 million to $210 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:25 pm

ANVS

Annovis Bio Inc (ANVS) announced a public offering of 1.25 million units, each consisting of one common stock share and one warrant to purchase an additional common stock share. The combined price for each unit is $6.00, with an expected gross proceeds of approximately $7.5 million. The offering is set to close around November 2, with Canaccord Genuity serving as the primary bookrunner. This news led to a 17.9% drop in ANVS shares to $6.69, hitting a new 52-week low.

Portfolio Pulse from Henry Khederian

October 31, 2023 | 1:23 pm