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BBAI

BigBear.ai, Inc. (NYSE:BBAI) shares have been trading higher since early November, influenced by a dip in Treasury yields and the announcement of acquiring Pangiam Intermediate Holdings, LLC for approximately $70 million. The company's Q3 earnings exceeded analyst expectations with earnings of three cents per share, despite sales missing estimates. BigBear.ai provided full-year 2023 revenue guidance, which ranges below the consensus estimate. The stock saw a significant increase of over 15% on Monday.

Portfolio Pulse from Ryan Gustafson

November 13, 2023 | 8:51 pm

GDHG

Golden Heaven Group Holdings' stock price has declined following the release of a short report by Hidenburg Research.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 8:47 pm

AAPL

GOOG

GOOGL

MSFT

NVDA

Analysts at Wedbush predict a new bull market for tech stocks in 2024, driven by increased spending on cloud and AI technology. Apple Inc, Microsoft Corp, and Alphabet Inc are among the top picks expected to benefit from this trend. Wedbush forecasts a 20%-25% increase in cloud and AI spending in 2024. Apple remains Wedbush's top pick despite recent share price struggles, while Microsoft's strong Q3 results and AI leadership are highlighted. Nvidia Corp is also expected to lead a new boom in the chip sector due to AI advancements.

Portfolio Pulse from Neil Dennis

November 13, 2023 | 8:47 pm

KR

Kroger's (NYSE:KR) short interest has decreased by 11.3% since the last report, with 19.84 million shares sold short, representing 3.14% of available shares. The short interest is below the peer group average of 4.43%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 8:45 pm

LMT

Lockheed Martin (NYSE:LMT) has seen an 11.11% increase in short interest since the last report, with 2.09 million shares sold short, representing 1.0% of available shares. The short interest is below the peer group average of 3.23%. While higher short interest can indicate bearish sentiment, it does not necessarily predict a price drop and can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 8:45 pm

TJX

TJX Companies (NYSE:TJX) has seen a decrease in short interest, with the short percent of float dropping 8.43% since the last report. The current short interest is 8.64 million shares, or 0.76% of available shares, with a cover time of 2.0 days. This decline in short interest may indicate a more bullish sentiment among investors compared to the peer group average of 16.99% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 8:45 pm

GDHG

Shares of Golden Heaven Group (GDHG) have resumed trading. There is no additional context provided in the article regarding the reason for the trading halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 8:37 pm

SNDL

SNDL Inc. (NASDAQ:SNDL) has announced the renewal of its CA$100M share repurchase program, set to commence after the current program expires on November 20, 2023. The company can repurchase up to 13.1 million shares, representing 5% of outstanding shares. SNDL reported a 78% reduction in net loss for Q3 2023 YoY, with a net loss of CA$21.8 million. Net revenue increased by 3.1% to CA$237.6 million, with significant growth in cannabis retail and operations. The company has CA$785 million in unrestricted cash and no debt, with a net book value of CA$1.3 billion. SNDL's stock was up 11.19% to $1.58 per share following the news.

Portfolio Pulse from Jelena Martinovic

November 13, 2023 | 8:36 pm

GDHG

Shares of Golden Heaven Group (GDHG) were halted on a circuit breaker due to a sharp decline, with the stock currently down by 45.9%.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 8:24 pm

TSLA

Tesla's stock price is on the rise after reports surfaced that India is considering reducing taxes on electric vehicle (EV) imports, which could potentially boost Tesla's sales in the Indian market.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 8:21 pm