Streetbeat News

Stock Prices

AEVA

ARBK

ATGL

CXAI

KERN

MINM

MOVE

PBTS

PRST

SDIG

WAVD

In Friday's after-market session, several IT stocks experienced significant movements. Powerbridge Technologies (PBTS) and WaveDancer (WAVD) were among the gainers, with increases of 7.7% and 7.29% respectively. On the losing side, Nano Labs (NA) and Argo Blockchain (ARBK) saw declines of 9.6% and 8.34%. Other notable movements included CXApp (CXAI), Presto Automation (PRST), and Alpha Technology Group (ATGL) with gains, and Minim (MINM), Stronghold Digital Mining (SDIG), Aeva Technologies (AEVA), and Movano (MOVE) with losses.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 9:30 pm

TDG

TransDigm Group Incorporated (NYSE:TDG) has experienced a decrease in short interest, with the current level at 1.16 million shares or 2.89% of the float. This represents a 5.25% decline since the last report. The average time to cover these short positions is 5.35 days. Short interest is a measure of market sentiment, and the decrease suggests investors may be becoming more bullish on TDG. The company's short interest is below its peer group average of 3.14%.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 8:45 pm

FISV

Fiserv (NYSE: FISV) has seen an 8.7% increase in short interest since its last report, with 5.97 million shares sold short, representing 1.0% of its float. It would take about 1.71 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. Fiserv's short interest is below its peer group average of 6.26%.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 8:45 pm

ROST

Ross Stores (NYSE:ROST) has seen a 5.34% increase in short interest since its last report, with 3.93 million shares sold short, representing 1.38% of its float. It would take about 1.71 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Ross Stores has less short interest compared to its peer group average of 17.07%. The rise in short interest doesn't necessarily predict a stock price drop.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 8:45 pm

USO

Crude oil prices dropped as OPEC+ postponed a meeting due to a disagreement between Angola and Nigeria over production quotas. Brent Crude and West Texas Intermediate saw declines of 1.3% and 2.4%, respectively. The United States Oil Fund (USO) also fell by 1.1%. The postponement comes amid expectations that OPEC+ might extend production cuts to stabilize prices, with potential additional cuts from Saudi Arabia and Russia. U.S. inventory data showing a larger-than-expected increase in stockpiles also put pressure on oil prices.

Portfolio Pulse from Neil Dennis

November 24, 2023 | 8:18 pm

AAPL

AMZN

BBY

CROX

DKS

KSS

MSFT

SONY

SSNLF

WMT

EY-Parthenon forecasts a moderate 3% rise in retail sales during the 2023 holiday season, down from previous years. Despite inflation, retailers are offering significant Black Friday deals to attract customers. Amazon is discounting tech products, Best Buy has cut MacBook Air prices, and Crocs offers discounts on clogs. Dick's Sporting Goods, Kohl's, Microsoft, Samsung, Sony, and Walmart are also providing various deals. Zoom Video Communications is believed to be offering discounts on its services. Other retailers like Birkenstock, Costco, Dell, Gap, Macy's, Motorola, Nike, VIZIO, Wayfair, and Williams-Sonoma are mentioned for their Black Friday sales.

Portfolio Pulse from Anthony Noto

November 24, 2023 | 7:27 pm

GRTUSD

The Graph's cryptocurrency (GRT) has seen a significant increase of 9.58% in the last 24 hours, reaching a price of $0.15. Over the past week, GRT's value has risen by over 21%, from $0.13. The coin's all-time high is $2.84. Trading volume for GRT has increased by 8.0% over the past week, and the circulating supply has grown by 0.38%, now totaling 9.31 billion coins. The Graph currently holds the #47 market cap ranking at $1.41 billion.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 7:00 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a 3.44% increase in price over the last 24 hours, reaching $1.85. This is part of a positive trend over the past week with a 2.0% gain from the same price point. Despite the recent gains, it is still far from its all-time high of $20.44. Trading volume has decreased by 66.0% over the past week, while the circulating supply has increased by 0.73% to 1.00 billion. NEAR's market cap is currently ranked #37 at $1.85 billion.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 7:00 pm

BBY

FSLR

JWN

NVDA

TLT

U.S. stocks saw their fourth consecutive week of gains, with small-cap stocks outperforming and tech stocks underperforming as Treasury yields rose. The iShares 20+ Year Treasury Bond ETF (TLT) fell 1.1% due to the yield surge. Gold remained steady at $2,000/oz. Sector-wise, healthcare stocks led gains while communication services and technology lagged. Nordstrom (JWN) and Best Buy (BBY) saw stock increases due to Black Friday discounts, while NVIDIA (NVDA) and First Solar (FSLR) declined. Cryptocurrencies, including Bitcoin and Ethereum, rose.

Portfolio Pulse from Piero Cingari

November 24, 2023 | 6:52 pm

AMZN

BBY

COST

TGT

WMT

Cyber Monday 2023 is expected to break records with $12 billion in sales, up 6% from 2022. Amazon, Target, Walmart, Best Buy, and Costco are gearing up with deals. Amazon and Target stocks are trading below consensus price targets, suggesting a bargain, while Walmart's stock is also seen as undervalued. Best Buy and Costco stocks are trading above their consensus price targets, indicating they may not be bargains.

Portfolio Pulse from Surbhi Jain

November 24, 2023 | 6:51 pm