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ADBE

LULU

SDS

SMCI

Benzinga's Stock Whisper Index highlights Mastercard, Visa, Lululemon Athletica, Super Micro Computer, Adobe, and inverse S&P 500 ETFs (SDS, SH) as stocks and ETFs of interest. Mastercard and Visa face potential challenges from the Capital One-Discover merger. Lululemon's stock is buoyed by a positive rating from Needham. Super Micro benefits from NVIDIA's strong earnings. Adobe faces competition from OpenAI's new tool, Sora. Interest in SDS and SH ETFs rises as investors anticipate a pullback in the S&P 500.

Portfolio Pulse from Chris Katje

February 23, 2024 | 3:46 pm

SMCI

Super Micro Computer announced a private offering of convertible senior notes, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 3:27 pm

AER

AerCap Holdings N.V. (NYSE:AER) reported Q4 FY23 results with a 5% Y/Y increase in total lease revenue to $1.718 billion and a 4% rise in total revenues to $1.899 billion, missing consensus estimates. Adjusted EPS was $3.11, beating expectations. The company announced a $500M share buyback program and highlighted strong demand for its leasing and sales of aircraft, engines, and helicopters. Despite positive results and outlook, AER shares dropped by 1.06% to $77.74.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 3:07 pm

LLY

Eli Lilly and Co (NYSE:LLY) has seen significant options market activity, with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 21 unusual trades, with a split sentiment of 38% bullish and 61% bearish. The trades suggest a price window of $520 to $1160 for LLY. The company, a drug firm focusing on various therapeutic areas, is currently trading at $775.86, up 0.81%, but may be overbought according to RSI readings. Analysts have issued mixed ratings, with a consensus target price of $741.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:01 pm

HCAT

Health Catalyst (NASDAQ:HCAT) has received mixed analyst ratings over the last three months, with 2 bullish and 3 somewhat bullish ratings. The average 12-month price target for HCAT has been raised to $11.8, up from $11.50. Analysts from Canaccord Genuity, Guggenheim, Evercore ISI Group, Piper Sandler, and JP Morgan have adjusted their ratings and price targets, reflecting diverse perspectives on the company's performance and market position. Health Catalyst's financial health indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are also highlighted, showcasing the company's strengths and areas of concern.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:00 pm

AMC

AMC Enter Hldgs's (NYSE:AMC) short interest has increased by 18.79% since the last report, with 28.62 million shares sold short, representing 11.57% of its float. This is higher than its peer group average of 9.37%. Short interest can indicate market sentiment, and an increase suggests a bearish outlook by investors, though it can also be bullish under certain conditions.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:30 pm

AMZN

GOOGL

META

MSFT

NFLX

NVDA

SOXX

XLK

Wedbush analyst Daniel Ives highlighted Nvidia's significant role in sparking a 'generational tech transformation' with its GPUs, driving the AI revolution. He compared the current AI investment wave to the pivotal moment in 1995, predicting a substantial increase in tech spending. Ives also noted the accelerated CapEx for AI by major tech companies like Microsoft, Alphabet, Meta Platforms, Amazon, and others, emphasizing the importance of not missing out on this transformation. The Technology Select Sector SPDR Fund and the iShares Semiconductor ETF saw premarket increases.

Portfolio Pulse from Shanthi Rexaline

February 23, 2024 | 2:24 pm

PHUN

Phunware Inc (NASDAQ:PHUN) shares dropped 33.3% to $0.17 after announcing a 1-for-50 reverse stock split effective February 26, aimed at increasing the market price per share to meet Nasdaq listing requirements. The split will consolidate every 50 shares into one, maintaining the stock's value and shareholders' interests, with post-split shares totaling approximately 8 million. The company's 52-week trading range is between $0.07 and $1.02.

Portfolio Pulse from Henry Khederian

February 23, 2024 | 2:12 pm

PHUN

Phunware announced a 1-for-50 reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:12 pm

OLED

Universal Display (NASDAQ:OLED) has received mixed analyst ratings over the past three months, with a shift towards a more bullish outlook in the last 30 days. The average 12-month price target for OLED is now $207.6, marking a 17.16% increase from the previous target of $177.20. Analyst actions include both upgrades and downgrades, reflecting changes in market conditions and company performance. Despite facing revenue challenges with a -12.13% decline over 3 months, Universal Display maintains a strong net margin of 36.34%. However, its ROE and ROA are below industry standards, indicating potential efficiency issues.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:01 pm