Streetbeat News

Stock Prices

TJX

TJX Companies (NYSE:TJX) has seen a decrease in short interest, with the short percent of float falling 7.77% since the last report. The company has 10.79 million shares sold short, representing 0.95% of available shares, with a cover time of 1.64 days. This decline in short interest may indicate a more bullish sentiment among investors. TJX's short interest is below its peer group average of 16.23%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 6:45 pm

CART

DASH

LYFT

UBER

Wedbush analyst Scott Devitt provided insights on mobility stocks for 2024, with Uber Technologies Inc (UBER) rated Outperform with a $67 target, DoorDash Inc (DASH) rated Neutral with a $92 target, Instacart (CART) rated Neutral with a lowered target of $26, and Lyft Inc (LYFT) rated Neutral with a raised target of $14. Devitt highlighted growth drivers for UBER, execution risks for DASH, competitive challenges for CART, and industry trends benefiting LYFT. UBER shares rose 1.52%, DASH 0.67%, LYFT 0.10%, while CART shares fell 1.07%.

Portfolio Pulse from Lekha Gupta

December 27, 2023 | 6:25 pm

CYTK

Needham analyst Serge Belanger has maintained a Buy rating on Cytokinetics (NASDAQ:CYTK) and increased the price target from $60 to $108.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 6:11 pm

ROI

RiskOn International shares are trading higher in anticipation of the company's announcement of its new generative AI platform and the unveiling of a principal technology partner on January 3.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 6:08 pm

MSFT

TWLO

WHR

CNBC's 'Final Trades' segment featured stock recommendations for Twilio Inc. (TWLO), Whirlpool Corporation (WHR), and Microsoft Corporation (MSFT).

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 6:01 pm

BITF

BTBT

COIN

MARA

WULF

Shares of crypto-related companies are up due to an increase in Bitcoin's price.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 5:57 pm

BYDDY

TSLA

VWAGY

Toyota Motor (NYSE:TM) is expected to maintain its position as the world's best-selling automaker, outperforming Volkswagen AG (OTC:VWAGY). Meanwhile, BYD Company Limited (OTC:BYDDY) is projected to surpass Tesla Inc (NASDAQ:TSLA) as the leading EV seller. Toyota's sales rose 12% YoY in November, with a significant increase in China. BYD's growth signifies China's rising dominance in the EV market. Tesla faces challenges with its Cybertruck and reported lower than expected Q3 deliveries. Tesla plans a Model Y revamp in Shanghai for mid-2024 production, but BYD is likely to outsell Tesla in the current quarter.

Portfolio Pulse from Upwallstreet

December 27, 2023 | 5:47 pm

AZN

BMY

FUSN

LLY

Fusion Pharmaceuticals Inc (FUSN) is highlighted as a key player in the targeted radiopharmaceutical therapy (TRT) space by Oppenheimer, especially after recent acquisitions by Bristol Myers Squibb & Co (BMY) and Eli Lilly And Co (LLY). Fusion's partnership with AstraZeneca Plc (AZN) on advancing targeted radiotherapies and a profit-sharing agreement could position AstraZeneca for future acquisitions. Raymond James upgraded Fusion's stock from Outperform to Strong Buy with a price target of $15.

Portfolio Pulse from Vandana Singh

December 27, 2023 | 5:42 pm

HIPO

HRTG

HUIZ

JRVR

KINS

MBI

MHLD

MRAI

OXBR

RELI

ROOT

TIRX

In Wednesday's intraday session, several insurance stocks experienced movement. Gainers included Reliance Global Group (RELI), Huize Holding (HUIZ), Hippo Holdings (HIPO), Marpai (MRAI), James River Gr Hldgs (JRVR), and Heritage Insurance Hldgs (HRTG), with increases ranging from 2.95% to 7.02%. Losers were Tian Ruixiang Holdings (TIRX), Kingstone Companies (KINS), MBIA (MBI), Oxbridge Re Holdings (OXBR), Root (ROOT), and Maiden Hldgs (MHLD), with declines between 3.09% and 4.56%. All stocks traded at 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 5:40 pm

MLGO

MicroAlgo, Inc. (NASDAQ:MLGO) announced its new quantum shield distributed ledger technology (QSDLT) aimed at securing Bitcoin and other cryptocurrencies against quantum computer threats. The QSDLT uses advanced cryptographic algorithms to protect transactions and user identities, and it also reduces the cost of Bitcoin transactions. Despite this announcement, MLGO shares dropped 28.3% to $0.81. Additionally, MicroAlgo recently unveiled a Bitcoin trading prediction algorithm that employs machine learning and technical indicators.

Portfolio Pulse from Nabaparna Bhattacharya

December 27, 2023 | 5:38 pm