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Stock Prices

STLA

Stellantis (NYSE:STLA) shares are trading lower due to a 20% year-over-year decline in U.S. sales for Q3 2024. The company faces production challenges in Italy and has revised its fiscal 2024 guidance, projecting lower operating margins and negative cash flow.

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2024 | 2:04 pm

IBKR

Interactive Brokers (NASDAQ:IBKR) is launching Forecast Contracts on US election outcomes, allowing investors to hedge against political volatility. These contracts will be available on the ForecastEx exchange starting October 3, 5:15 pm ET.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:03 pm

ANGO

BILI

HIMS

JOBY

LEVI

NGVT

WOLF

Several US-listed stocks experienced significant declines on Thursday, including AngioDynamics, Ingevity, Levi Strauss, and others. AngioDynamics reported a smaller-than-expected loss but still saw a 15.6% drop in share price. Ingevity's CEO departure led to a 12.6% decline. Levi Strauss reported disappointing sales and issued lower guidance, resulting in a 9.1% drop. Other stocks like Hims & Hers Health, Joby Aviation, and several US-listed Chinese stocks also saw declines.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 2:02 pm

TWO

Four analysts have recently published ratings on Two Harbors Investment Corp (NYSE:TWO), showing a range of sentiments from bullish to indifferent. The average 12-month price target has increased by 6.84% to $14.69. Despite a 53.93% decline in revenue growth, Two Harbors Inv maintains strong profitability with a net margin of 40.33% and a sound financial structure.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 2:01 pm

SPY

The USA's durable goods orders excluding defense for August remained unchanged at -0.2% compared to the previous month. This indicates a stable but slightly negative trend in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:01 pm

SPY

The USA ISM Non-Manufacturing Employment Index for September decreased to 48.1 from 50.2 in the previous month, indicating a contraction in employment within the non-manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:00 pm

AI

C3.ai's short interest has decreased by 9.99%, with 25.50 million shares sold short, representing 25.87% of its float. This is higher than its peers' average short interest of 9.87%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 2:00 pm

SPY

The USA Factory Orders for August decreased by 0.1%, missing the estimated increase of 0.1% and down from the 5.0% growth in the previous month. This indicates a slowdown in manufacturing activity.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:00 pm

CLOV

Clover Health Investments (NYSE:CLOV) has seen a 28.4% increase in short interest, with 25.80 million shares sold short, representing 6.42% of its float. This is higher than its peers' average of 3.83%. The rise in short interest suggests bearish sentiment, but it could also present a bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 2:00 pm

SPY

The USA ISM Non-Manufacturing Prices Index for September rose to 59.4, surpassing the estimated 56.3 and the previous month's 57.3. This indicates an increase in prices within the non-manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:00 pm