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DISH

SATS

DISH Network Corp (NASDAQ:DISH) shares rose 8.6% after the FCC approved the transfer of control to EchoStar Corp (NASDAQ:SATS). The approval allows the recombination of DISH and EchoStar, which were once part of the same entity. The merger received support from independent directors and majority shareholders, with Charles W. Ergen retaining significant control. The FCC deemed the transfer to be in the public interest, effective immediately. DISH's 52-week trading range is $3.21 to $16.45.

Portfolio Pulse from Henry Khederian

December 07, 2023 | 7:23 pm

ARKF

ARKK

ARKW

PLTR

Stephen Cohen, co-founder and president of Palantir Technologies Inc (NYSE:PLTR), sold a significant amount of his shares, causing a 3% drop in pre-market trading. He sold 500,000 shares on 12/01/23 and 156,100 shares on 12/04/23 for around $19-$20 each, totaling nearly $13 million. In contrast, Cathie Wood's Ark Investment Management purchased 1,578,738 Palantir shares for $27.04 million across three of its ETFs: ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). Despite a recent decline in Palantir's stock value, Ark's investment aligns with its focus on disruptive technologies. Palantir stock closed 6.4% lower at $17.13 on Wednesday and was up 0.05% by noon on Thursday.

Portfolio Pulse from Surbhi Jain

December 07, 2023 | 7:20 pm

BASFY

BASF SE (OTC:BASFY) is transforming into a customer-focused organization by adjusting business models to meet specific customer industry needs while maintaining integrated company benefits. The strategy will be applied to Battery Materials, Coatings, and Agricultural Solutions. New KPIs will emphasize EBITDA before special items and cash flows, with targeted margins for various divisions. BASF aims to reduce specific Scope 3.1 emissions by 15% by 2030 and achieve net-zero by 2050. BASFY shares rose 2.01% to $12.16.

Portfolio Pulse from Lekha Gupta

December 07, 2023 | 7:05 pm

ENVA

Over the past 3 months, 4 Wall Street analysts have published their opinions on Enova International (NYSE:ENVA), with 3 somewhat bullish and 1 indifferent. The average 12-month price target for ENVA is $57.75, with a high of $66.00 and a low of $45.00, representing a 10.7% decrease from the previous target of $64.67. Analysts rate stocks to predict their performance and provide guidance to investors.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm

KLAC

Over the past 20 years, KLA (NASDAQ:KLAC) has produced an average annual return of 12.07%, outperforming the market. A $1000 investment in KLAC 20 years ago would be worth $9,639.61 today. KLA's market capitalization currently stands at $73.12 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm

ROP

Roper Technologies, Inc. (NYSE:ROP) has experienced a 15.97% increase in short interest since its last report, with 1.46 million shares sold short, representing 1.38% of its float. It would take about 2.87 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Roper Techs has less short interest compared to its peers' average of 3.08%. The rise in short interest does not necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm

EFX

Equifax (NYSE:EFX) has delivered an average annual return of 12.9% over the past 10 years, outperforming the market by 3.02% on an annualized basis. A $1000 investment in EFX a decade ago would now be worth $3,326.31. The company's current market capitalization stands at $27.63 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm

LDOUSD

Lido DAO's cryptocurrency (LDO) has seen a 9.1% price increase over the past 24 hours, reaching $2.54. Over the past week, LDO has gained 8.0%, rising from $2.34. Despite the recent gains, it is still well below its all-time high of $7.30. Trading volume has surged by 117.0% in the past week, while the circulating supply has slightly decreased by 0.05%. Lido DAO currently ranks #34 in market cap, valued at $2.27 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm

TAK

Takeda Pharmaceutical's (NYSE:TAK) short interest has decreased by 7.14% since the last report, with 8.23 million shares sold short, representing 0.26% of available shares. The average time to cover these short positions is 5.12 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Takeda has a lower short interest compared to its peer group average of 3.36%.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm

XYL

Xylem (NYSE:XYL) has experienced a 9.35% increase in short interest since its last report, with 4.64 million shares sold short, representing 2.34% of its float. It would take about 3.12 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Xylem's short interest is below its peer group average of 3.43%.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 7:00 pm