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REBN

Reborn Coffee Inc received a notice from Nasdaq on January 4 regarding delisting or failure to satisfy continued listing rules, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 8:12 pm

TOST

Goldman Sachs analyst Will Nance upgraded Toast Inc (TOST) to Buy with a $24 price target, citing expectations of improved profitability trends in 2024 and potential GAAP profitability in 2025. Despite negative investor sentiment due to weaker ARPU and GPV trends, Nance believes the market underestimates TOST's market share growth in its core SMB market and its software platform's competitive edge. TOST's valuation is also seen as favorable compared to software-oriented peers. TOST shares rose 2.42% to $19.25.

Portfolio Pulse from Shivani Kumaresan

January 10, 2024 | 8:06 pm

AMZN

IRBT

Shares of iRobot (IRBT) experienced a sudden drop as traders shared a post indicating that Amazon (AMZN) may not proceed with a settlement offer with the European Commission regarding its acquisition of iRobot. This development could potentially affect the completion of the deal.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 8:04 pm

HCA

Over the past 10 years, HCA Healthcare (NYSE: HCA) has produced an average annual return of 18.56%, outperforming the market by 8.55% on an annualized basis. With a current market capitalization of $75.50 billion, a $100 investment in HCA stock a decade ago would be worth $553.53 today. The article highlights the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 8:00 pm

U

Unity Software Inc. (NYSE:U) shares experienced volatility following the company's announcement on Monday to lay off about 25% of its workforce, approximately 1,800 employees, as part of a restructuring effort to focus on core business and sustainable growth. After an initial rise, the stock dropped on Tuesday but rebounded over 8% on Wednesday with trading volume significantly higher than average.

Portfolio Pulse from Ryan Gustafson

January 10, 2024 | 8:00 pm

FICO

Over the past 10 years, Fair Isaac (NYSE:FICO) has produced an average annual return of 34.84%, outperforming the market by 24.83% on an annualized basis. A $100 investment in FICO stock a decade ago would be worth $2,002.86 today. Fair Isaac currently has a market capitalization of $28.66 billion.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 8:00 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) received mixed analyst ratings over the past three months, with 1 bullish, 5 somewhat bullish, and 3 indifferent. The average 12-month price target is $95.33, up from $93.17, with a high of $105.00 and a low of $86.00. Analysts from UBS, Evercore ISI Group, Citigroup, RBC Capital, Barclays, JP Morgan, JMP Securities, and Morgan Stanley have provided various actions and price target adjustments. Arch Capital Group's financial performance shows strong revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 8:00 pm

PD

PagerDuty's stock is trading higher after a Bloomberg report indicated that the company is exploring options in response to acquisition interest. This news suggests potential changes in ownership or strategic direction for PagerDuty, which could affect its market valuation and investor sentiment in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 7:48 pm

DUK

Duke Energy's (NYSE:DUK) short interest has increased by 32.32% since the last report, with 10.12 million shares sold short, representing 1.31% of available shares. It would take 2.31 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a price drop. Duke Energy has less short interest compared to its peer group average of 2.42%.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 7:45 pm

EXC

Exelon Corporation (NYSE:EXC) has seen a 13.04% decrease in short interest since its last report, with 9.92 million shares sold short, representing 1.0% of its float. The average time to cover these short positions is 1.0 days. A decrease in short interest can indicate a more bullish sentiment among investors. Exelon's short interest is below its peer group average of 2.44%.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 7:45 pm