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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

MDLZ

Mondelez International's (NYSE:MDLZ) short interest has decreased by 8.41% since the last report, with 13.38 million shares sold short, representing 0.98% of available shares. The average time to cover these short positions is 2.01 days. A decrease in short interest can indicate a more bullish sentiment towards the stock, although it does not necessarily predict a price rise. Mondelez has a lower short interest compared to its peer group average of 4.95%.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 7:45 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has launched the updated Model 3 Highland in North America, featuring a series of upgrades while retaining its original pricing. The Long Range trim now offers a 2.4% higher range of 341 miles, and the vehicle has seen a reduction in weight, an 8% increase in efficiency, and significant noise reduction. The interior and exterior have been redesigned with premium materials, new wheel designs, and improved lighting, aiming to reinforce Tesla's market leadership in electric vehicles.

Portfolio Pulse from Benzinga EV Insights

January 10, 2024 | 7:40 pm

CANSF

GTBIF

TCNNF

VFF

Willow Biosciences Inc. (OTCQB:CANSF) reported a 60% revenue increase in 2023, driven by its synthetic biology techniques and the launch of its BioOxi bio-oxidation platform technology. The company engaged in multiple partnerships, including with Kalsec and an undisclosed Nasdaq-listed biopharmaceutical company, and underwent corporate restructuring. For 2024, Willow Biosciences aims to achieve over 100% increase in R&D revenues, sign commercial agreements, and advance its core technology platform. The article also mentions cannabis stocks, including Green Thumb Industries Inc. (OTCQX:GTBIF), Trulieve Cannabis Corp. (OTCQX:TCNNF), and Village Farms International, Inc. (NASDAQ:VFF), as having potential for growth.

Portfolio Pulse from Jelena Martinovic

January 10, 2024 | 7:38 pm

HODL

Cboe has announced the new listing of VanEck Bitcoin Trust, which will trade under the ticker symbol 'HODL' with CUSIP 92189K105. The first date of trading is scheduled for Thursday, January 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 7:37 pm

WPP

Shares of WPP Plc (NYSE:WPP) are up as the company considers selling its 40% stake in Kantar to boost cash and address its declining stock value. The potential deal could value Kantar at $3-4 billion, despite its $4 billion debt. Bain Capital may also sell Kantar Media, valued at around £1 billion. Discussions are in early stages, and WPP may retain its stake if no suitable options are found. WPP's stock rose 1.17% to $48.39.

Portfolio Pulse from Nabaparna Bhattacharya

January 10, 2024 | 7:36 pm

FBTC

Cboe has announced a new issue notification for the Fidelity Wise Origin Bitcoin Fund, which will trade under the ticker symbol 'FBTC' with CUSIP 315948109. The first date of trading is scheduled for Thursday, January 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 7:35 pm