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SYTA

Siyata Mobile (NASDAQ:SYTA) shares are experiencing heavy trading volume after announcing the expansion of its SD7 rollout at Baha Mar Resort. The resort is using hundreds of SD7 handsets and accessories, and has ordered additional units due to their success. Siyata also introduced the SD7 Wired Palm Mic Pro with AI Noise Cancellation. The stock is up 8.33% at $2.60.

Portfolio Pulse from Erica Kollmann

May 22, 2024 | 4:21 pm

IYE

XLE

XOM

Exxon Mobil Corporation (NYSE:XOM) and Qatar Energy's Texas LNG project faces a major setback as lead contractor Zachry Holdings files for Chapter 11 bankruptcy. The $10 billion Golden Pass LNG project is now in jeopardy due to cost challenges and payment issues. Exxon, which owns a 30% stake, aims to support the project through completion. XOM shares are down 1.81%. Investors can also gain exposure via Energy Select Sector SPDR Fund (NYSE:XLE) and iShares U.S. Energy ETF (NYSE:IYE).

Portfolio Pulse from Lekha Gupta

May 22, 2024 | 4:19 pm

SING

SinglePoint's recent SEC 13G filing reveals that Bucktown Capital LLC has acquired a 9.74% stake in the company as of May 22, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:17 pm

UPS

United Parcel Service (UPS) has seen a 15.86% increase in short interest, with 12.26 million shares sold short, representing 1.68% of its float. This is lower than the peer group average of 3.90%. The increase in short interest could indicate bearish sentiment but does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:15 pm

SYY

Sysco has expanded its market share in the U.S., Canada, Ireland, and Great Britain by acquiring new customers. The national sales team has added $3 billion in sales at higher profitability rates. Sysco plans to increase its sales headcount over the next three years to drive further growth and enhance customer engagement. The company is also developing a global operating model to boost international capabilities and growth.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:13 pm

GDS

GDS Holdings shares are trading lower after the company reported worse-than-expected Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:07 pm

ADI

AMZN

NVDA

QQQ

SPY

TGT

Nvidia's upcoming earnings report is crucial for the AI sector and the broader stock market. Analog Devices reported better-than-expected earnings, while Target missed expectations. Early trade shows mixed money flows among major tech stocks and ETFs. UK inflation data disappointed, affecting market sentiment.

Portfolio Pulse from The Arora Report

May 22, 2024 | 4:07 pm

EDBL

Edible Garden AG Inc (NASDAQ:EDBL) shares dropped nearly 50% after the company announced a $6 million public offering. The offering includes 2.655 million shares of common stock, Class A and Class B warrants, priced at $2.26 per share. The stock has fallen 92.9% over the past year.

Portfolio Pulse from Henry Khederian

May 22, 2024 | 4:02 pm

TEVA

Investors have taken a predominantly bearish stance on Teva Pharmaceutical Indus (NYSE:TEVA) as indicated by recent options trades. Benzinga's options scanner detected 9 trades, with 88% being bearish. The price target for TEVA ranges from $15.0 to $22.0. The stock is currently up 2.14% at $16.95, but RSI indicators suggest it may be overbought. Analysts have a consensus target price of $20.0.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:01 pm

CDW

CDW (NASDAQ:CDW) has significantly outperformed the market over the past 10 years, delivering an average annual return of 23.35%. An initial investment of $100 in CDW stock 10 years ago would be worth $815.72 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:01 pm