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SLM

SLM's short interest has increased by 8.79%, with 7.67 million shares sold short, representing 4.21% of its float. This is below the peer average of 6.58%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 1:30 pm

PKG

Packaging Corp of America's short interest has increased by 18.63%, with 1.65 million shares sold short, representing 2.42% of its float. This is below the peer average of 5.09%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 1:30 pm

KHC

Kraft Heinz's short interest has decreased by 13.73%, with 31.54 million shares sold short, representing 3.58% of its float. This is lower than the peer group average of 4.49%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 1:30 pm

DIS

Goldman Sachs estimates that Hurricane Milton could cause a $150M-$200M impact on Disney's Parks and experiences, with a 6% drop in attendance. Despite short-term disruptions, Goldman maintains a Buy rating on Disney with a 12-month price target of $120.

Portfolio Pulse from Piero Cingari

October 08, 2024 | 1:30 pm

ABBV

BPTH

Bio-Path Holdings, Inc. (NASDAQ:BPTH) is seeing a significant stock price increase as it initiates a new obesity program using its DNAbilize technology, originally developed for blood cancer. The company plans preclinical studies in late 2024 to explore the drug's potential for treating obesity and Type 2 diabetes. Additionally, Bio-Path has completed enrollment in a clinical trial for BP1002 targeting acute myeloid leukemia, aiming to address venetoclax resistance.

Portfolio Pulse from Vandana Singh

October 08, 2024 | 1:27 pm

INTC

ORCL

Intel is struggling with a significant stock decline and potential takeover interest from Apollo Global Management, while Oracle is thriving with a strong push into AI and cloud computing, marked by a $6.5 billion investment in Malaysia. Analysts are more optimistic about Oracle's future compared to Intel.

Portfolio Pulse from Surbhi Jain

October 08, 2024 | 1:21 pm

ARKB

BITB

BTCO

FBTC

GBTC

HODL

IBIT

MSTR

Bitcoin ETFs in the U.S. saw significant inflows totaling $235.19 million, with Fidelity and BlackRock leading. Despite this, Bitcoin's price dipped 1.4% to $62,457. MicroStrategy's stock surged to a six-month high amid market volatility.

Portfolio Pulse from Ivan Crnogatić

October 08, 2024 | 1:21 pm

AAPL

NVDA

PEP

SSNLF

Samsung warns of a Q3 profit drop due to AI chip delays, while PepsiCo lowers its 2024 revenue outlook after mixed Q3 results. US stocks are poised to bounce back as bond yields dip and oil prices slide. Nvidia and Apple are involved in significant tech developments.

Portfolio Pulse from Akanksha Bakshi

October 08, 2024 | 1:20 pm

BIIB

SAGE

Sage Therapeutics' dalzanemdor failed to show significant results in a Phase 2 Alzheimer's study, leading to the discontinuation of its development for this condition. The company's stock dropped 11.30% following the news. Biogen had previously terminated its collaboration with Sage on a different program.

Portfolio Pulse from Vandana Singh

October 08, 2024 | 1:19 pm

AMBO

Ambow Education Holding Ltd. (AMEX:AMBO) shares are trading lower premarket after a significant rise on Monday. The company announced a $1.3 million annual renewable licensing agreement with Inspiring Futures Pte. LTD for the HybriU AI UniBox and educational solution. This collaboration aims to enhance global education through advanced 3D technology.

Portfolio Pulse from Lekha Gupta

October 08, 2024 | 1:18 pm