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NTRA

Natera (NYSE:NTRA) has seen a decrease in short interest, with 5.76 million shares sold short, representing 4.95% of its float. This marks a 10.16% decline since the last report, indicating a potential shift in market sentiment towards more bullish views. The current short interest suggests it would take approximately 4.72 days for traders to cover their short positions. Compared to its peers, Natera has a lower short interest percentage, with the average for its peer group being 5.82%.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 2:45 pm

SPY

UUP

Unemployment claims in the U.S. surged to 231,000 for the week ending May 4, the highest in eight months, surpassing expectations and indicating a weakening labor market. This led to a drop in the U.S. Dollar, as evidenced by a 0.3% decrease in the U.S. Dollar Index (DXY), tracked by the Invesco DB USD Index Bullish Fund ETF (UUP). The market reacted by increasing bets on Federal Reserve rate cuts, with stocks, including the S&P 500 tracked by the SPDR S&P 500 ETF Trust (SPY), slightly rising in response.

Portfolio Pulse from Piero Cingari

May 09, 2024 | 2:44 pm

ABNB

ARM

NVDA

SFTBY

ARM Holdings PLC - ADR (NASDAQ:ARM) reported Q4 earnings with a significant year-over-year revenue increase but saw a stock price drop due to earnings not meeting the high whisper numbers. The article also discusses broader market trends, including jobless claims, Bank of England's interest rate decisions, and early trade money flows in major tech stocks and ETFs. It highlights the importance of protection bands for investors and mentions The Arora Report's successful AI and market trend predictions.

Portfolio Pulse from The Arora Report

May 09, 2024 | 2:41 pm

TPL

Texas Pacific Land shares surged following the announcement of Q1 financial results that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:37 pm

NSC

Norfolk Southern Corporation (NYSE:NSC) shareholders voted to retain CEO Alan Shaw, rejecting an activist investor's plan for a management overhaul. Ancora Holdings criticized Norfolk's performance and response to a train derailment, seeking board control and CEO replacement. Despite this, Shaw and 10 other nominees were elected to the board, alongside three Ancora nominees. NSC shares dropped 2.9% following the vote.

Portfolio Pulse from Nabaparna Bhattacharya

May 09, 2024 | 2:37 pm

SVCO

Trading for the IPO security SVCO was halted but has now resumed as of 10:35:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:35 pm

PAL

Trading for the IPO security was halted but has now resumed as of 10:35 AM ET, indicating that the security is now available for trading again.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:35 pm

QCOM

Financial analysts have observed a significant bullish trend in Qualcomm (NASDAQ:QCOM) options trading, with a notable volume of trades predicting a price range of $165.0 to $185.0. Analysis of recent trades shows a mix of bullish and bearish sentiments, with a higher value placed on calls over puts. Qualcomm, a leader in wireless technology and chip design, is currently trading at $180.06, slightly down by -0.27%. Analysts have varying opinions on Qualcomm's stock, with target prices ranging from $170 to $206.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 2:34 pm

GTHX

G1 Therapeutics shares are trading higher due to speculation of a takeover offer, as reported by an M&A blog.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:34 pm

PLNT

Planet Fitness, Inc. (NYSE:PLNT) reported Q1 results with earnings and revenue missing analyst expectations, leading to a lowered outlook for FY24. Despite these challenges, shares rose 5.58% on Thursday. The company cited consumer focus on savings, increased COVID infections, and an ineffective national advertising campaign as reasons for the disappointing performance but remains optimistic about opening new stores.

Portfolio Pulse from Nabaparna Bhattacharya

May 09, 2024 | 2:31 pm