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MARA

Marathon Digital Holdings Inc (MARA) has entered into an agreement to acquire two Bitcoin mining sites for $178.6 million, adding 390 megawatts to its current 584-megawatt capacity. The acquisition, funded by cash from Marathon's balance sheet, is expected to close in Q1 2024. Marathon's CEO, Fred Thiel, sees this as a step towards reducing Bitcoin production costs and expanding operational capacity. MARA shares rose 4.38% to $20.75, in tandem with Bitcoin's price increase, which was up over 4%.

Portfolio Pulse from Adam Eckert

December 19, 2023 | 2:03 pm

BB

BlackBerry (NYSE:BB) is expected to report an EPS of $-0.03 in its upcoming quarterly earnings on December 20, 2023. Investors are looking for an earnings beat and positive guidance for future growth. BlackBerry's stock performance has been generally positive over the last year, with shares up 11.2%. Past earnings have shown mixed results with both beats and misses, and varied stock price reactions.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm

LIVE

Live Ventures (NASDAQ:LIVE) is expected to report an EPS of $0.00 in its upcoming quarterly earnings on December 20, 2023. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LIVE's stock price has shown mixed reactions to earnings performance, with a slight increase after a miss last quarter. Over the past year, LIVE shares have increased by 3.47%, with current trading at $25.35.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm

TTC

Toro (NYSE:TTC) is scheduled to release its quarterly earnings report on December 20, 2023. Analysts predict an EPS of $0.56. Toro's stock performance may be influenced by whether they beat this estimate and provide positive guidance for the future. Historically, Toro's share price has reacted negatively to earnings misses. Shares are currently trading at $87.44, down 22.53% over the last year. Investors are likely bearish ahead of the earnings report.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm

MLKN

MillerKnoll (NASDAQ:MLKN) is expected to release its quarterly earnings report on Wednesday, 2023-12-20, with analysts predicting an EPS of $0.55. Investors are looking for an earnings beat and positive guidance for the next quarter. Last quarter, MLKN beat EPS estimates by $0.16, leading to a 27.99% stock price increase the following day. Shares are currently trading at $28.8, up 57.64% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm

VRSK

Over the past 10 years, Verisk Analytics (NASDAQ:VRSK) has produced an average annual return of 13.66%, outperforming the market by 3.69% on an annualized basis. A $1000 investment in VRSK a decade ago would be worth $3,594.28 today. Verisk Analytics currently has a market cap of $34.41 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:00 pm

C

In the last quarter, Citigroup (NYSE:C) received 9 analyst ratings with no bullish, 4 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The average 12-month price target is $60.22, with a high of $85.00 and a low of $41.00. The current average reflects a 1.11% increase from the previous average of $59.56. Analysts from firms like Goldman Sachs, Oppenheimer, Piper Sandler, BMO Capital, and Morgan Stanley have updated their ratings and price targets for Citigroup, reflecting their views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:00 pm

BB

BlackBerry (NYSE:BB) is scheduled to release its quarterly earnings report on Wednesday, 2023-12-20. Analysts predict an EPS of $-0.03. Investors will be looking for an earnings beat and positive guidance for the next quarter. Last quarter, BlackBerry beat EPS estimates by $0.02 but saw a 1.05% drop in share price the following day. Shares are currently trading at $4.15, up 11.2% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:00 pm

BDX

Becton Dickinson (NYSE:BDX) has seen a 12.62% decrease in short interest since its last report, with 2.62 million shares sold short, representing 0.9% of its float. The average time to cover these short positions is 1.36 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Becton Dickinson has a lower short interest compared to its peer group average of 3.54%.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:00 pm

LRCX

Lam Research (NYSE:LRCX) has seen a 15.17% decrease in short interest since its last report, with 2.35 million shares sold short, representing 1.79% of its float. The average time to cover these short positions is 2.75 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Lam Research has a lower short interest compared to its peer group average of 6.71%.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:00 pm