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AAL

American Airlines Gr's (NYSE:AAL) short interest has increased by 27.31%, with 51.72 million shares sold short, representing 8.95% of its float. This rise in short interest could indicate a bearish market sentiment towards AAL, despite being lower than its peer group average of 9.90% short interest as a percentage of float. The article suggests that an increase in short interest does not necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 7:15 pm

MYTE

Mytheresa is exploring a buyout to go private and is considering acquiring Net-a-porter to enhance its distribution. The company is working with Morgan Stanley and B. Riley on these plans. Mytheresa's interest in going private and acquiring Net-a-porter comes as the luxury e-commerce space consolidates, with competitors also looking to strengthen their positions. Mytheresa's upcoming third-quarter results show a significant sales increase and improved EBITDA margin, despite its struggle to connect with Wall Street since its IPO.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 7:13 pm

ODD

Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on ODDITY Tech (NASDAQ:ODD) and lowers the price target from $44 to $42.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 7:12 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares dropped 4.3% to $2.93 following their Q1 financial results announcement. Despite a slight year-over-year revenue decrease to $951.4 million, the results surpassed expectations. The company reported a loss of 78 cents per share, which was slightly better than anticipated. CEO Adam Aron attributed the revenue dip to the 2023 Hollywood strikes but remains optimistic about the future.

Portfolio Pulse from Henry Khederian

May 10, 2024 | 7:08 pm

DE

Deere & Company (NYSE:DE) has seen significant options activity indicating mixed market sentiment. Analysis revealed 8 unusual trades, evenly split between bullish and bearish. Major trades focus on a price range of $382.5 to $430.0. The company's stock is slightly down with an upcoming earnings report. JP Morgan maintains a Neutral rating with a target price of $425.0.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 7:06 pm

BLBD

Barclays analyst Adam Seiden has maintained an Overweight rating on Blue Bird (NASDAQ:BLBD) and increased the price target from $35 to $43, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 7:04 pm

ATOMUSD

Cosmos Hub's (CRYPTO: ATOM) price has decreased by 3.73% over the past 24 hours to $8.75, continuing a downward trend over the past week with a -1.0% change. The trading volume for ATOM has fallen 48.0% over the past week, with the circulating supply decreasing by 0.15% to 390.69 million. The current market cap ranking for ATOM is #33 at $3.42 billion.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 7:02 pm

UNIUSD

Uniswap's cryptocurrency UNI has seen a 3.8% decrease in price over the last 24 hours, continuing a negative trend with a 5.0% loss over the past week. The trading volume for UNI has decreased by 16.0%, while its circulating supply has slightly increased. Currently, UNI's market cap ranks it 26th at $5.37 billion.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 7:02 pm

NVDA

SOUN

SoundHound AI, Inc. (SOUN) sees a revenue surge from strong demand in the automotive and restaurant sectors, with Wedbush analyst Daniel Ives reiterating an Outperform rating and a price forecast of $9. The company's subscription and bookings backlog increased to $682.0 million in Q1, driven by product royalties and automotive segment strength. SoundHound has also completed the acquisition of SYNQ3 Restaurant Solutions, becoming the largest U.S. provider of voice AI for restaurants. A new partnership with NVIDIA Corporation (NVDA) was announced to deliver in-vehicle voice-enabled generative AI responses. SoundHound expects positive adjusted EBITDA in 2025 and raised its FY24 revenue outlook to $71.6 million.

Portfolio Pulse from Nabaparna Bhattacharya

May 10, 2024 | 7:02 pm