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Stock Prices

NVDA

Despite recent negative news for Nvidia, the supply chain for its AI processors is continuing to develop and expand, according to industry sources.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 3:53 pm

CNEY

CN Energy's shares are declining following a noncompliance notice from Nasdaq, indicating potential issues with listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 3:52 pm

NVDA

TSM

Nvidia CEO Jensen Huang addressed investor concerns about AI demand and the Blackwell product timeline at a Goldman Sachs conference. Analysts were reassured by the updates, with Goldman Sachs and Wedbush maintaining positive ratings on Nvidia. Huang emphasized the strong demand for Nvidia's products and the potential revenue benefits for customers. Nvidia's stock has seen significant growth, and the company is exploring opportunities in AI and data center CPUs.

Portfolio Pulse from Chris Katje

September 12, 2024 | 3:51 pm

PLTR

Palantir Technologies (NYSE:PLTR) shares are trading flat as the company hosts its fifth AIPCon event. The stock has risen over 15% this week following its inclusion in the S&P 500 index. B of A Securities raised its price target for PLTR from $30 to $50, citing potential benefits from increased institutional investment. The stock is currently trading above its 200-day moving average, indicating a bullish trend.

Portfolio Pulse from Erica Kollmann

September 12, 2024 | 3:48 pm

BCC

Boise Cascade (NYSE:BCC) has seen a 19.29% increase in short interest, with 1.41 million shares sold short, representing 5.38% of its float. This is higher than its peers' average of 4.35%. The rise in short interest suggests bearish sentiment, but it could also present a bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 3:45 pm

SSNC

SS&C Technologies Holdings (NYSE:SSNC) has seen a 27.96% decrease in its short interest, with 1.25 million shares sold short, representing 0.67% of its float. This is lower than the peer group average of 5.40%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 3:45 pm

OKE

ONEOK's short interest has increased by 7.88%, with 9.13 million shares sold short, representing 1.78% of its float. This is below the peer group average of 3.12%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 3:45 pm

BTCUSD

A Deutsche Bank report reveals growing acceptance of cryptocurrency among U.S. consumers, with 65% believing it could replace cash. The report highlights mixed predictions for Bitcoin's future and uncertain prospects for stablecoins. The findings suggest potential growth in crypto adoption.

Portfolio Pulse from Murtuza Merchant

September 12, 2024 | 3:40 pm

AURA

Aura Biosciences reported promising Phase 2 results for its eye cancer treatment, bel-sar, showing an 80% tumor control rate and high visual acuity preservation. The treatment has a favorable safety profile and has received FDA agreement for a Phase 3 trial. Aura's stock rose 6.39% following the news.

Portfolio Pulse from Vandana Singh

September 12, 2024 | 3:40 pm

ASTS

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are declining despite the successful launch of its first five commercial satellites. The Bluebird satellites aim to provide cellular broadband service across the U.S. and select global markets. The stock's recent decline follows a prospectus filing for the sale of up to $400 million in Class A common stock.

Portfolio Pulse from Erica Kollmann

September 12, 2024 | 3:35 pm