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HOLO

MicroCloud Hologram (NYSE:HOLO) has seen a significant decrease in short interest, with a 32.15% drop since the last report, representing 12.43% of its float. The current short interest stands at 479 thousand shares. This decrease in short interest could indicate a more bullish sentiment towards HOLO among traders. Compared to its peers, HOLO has a higher short interest percentage of float, with an average of 2.30% among its peers, suggesting more bearish sentiment towards it than its counterparts.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 8:30 pm

ACB

OGI

VFF

XXII

Marijuana stocks experienced significant movements on April 8, 2024, with GreenGro Technologies leading the gainers with a 9900.00% increase, while Global Hemp Group led the losers with a 42.86% decrease. Notable companies such as Aurora Cannabis and OrganiGram Holdings also saw gains, whereas 22nd Century Group and Village Farms Intl were among the notable losers.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 8:30 pm

MSFT

Sarah Bond, the new Xbox president at Microsoft Corp (NASDAQ:MSFT), is leading a reorganization focused on future-proofing the Xbox game library and embracing next-generation hardware. A dedicated team for game preservation has been established, and efforts to integrate Activision-Blizzard games into Xbox Game Pass are underway, with Diablo IV's successful launch highlighted. Despite industry challenges, Xbox's growth continues, with plans to incorporate more titles and services.

Portfolio Pulse from Franca Quarneti

April 08, 2024 | 8:22 pm

AFRM

Affirm Holdings, Inc. (NASDAQ:AFRM) shares closed higher by 3.77% at $34.11 on Monday, despite a nearly 12% decline over the past month. Needham analyst Kyle Peterson initiated coverage with a Hold rating, citing the company as a long-term winner in the buy-now pay-later space but noting concerns over stock-based compensation. The Federal Reserve's recent meeting and economic data suggest fewer rate cuts in 2024, potentially impacting Affirm's stock. Affirm's shares are trading below their 50-day moving average and well below their 52-week high. A trend analysis forecasts a potential decline in Affirm's stock to $11.63 by 2030 based on its past 5-year annualized performance of -19.36%.

Portfolio Pulse from Erica Kollmann

April 08, 2024 | 8:21 pm

QQQ

SPY

TLT

The upcoming Consumer Price Index (CPI) report for March is highly anticipated, with economists expecting a slight increase in annual CPI inflation from 3.2% to 3.4%, and a deceleration in monthly CPI inflation to 0.3%. Core CPI inflation is also expected to ease, potentially influencing the Federal Reserve's decision on interest rates. The report's outcome could sway market expectations towards either a rate cut or hold in June. Previous CPI data led to a decline in SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ), while iShares 20+ Year Treasury Bond ETF (TLT) weakened.

Portfolio Pulse from Piero Cingari

April 08, 2024 | 8:18 pm

BIRD

Allbirds, Inc. has been notified by Nasdaq that it is not in compliance with the minimum bid price requirement, as its shares have been trading below $1.00 for a specified period. The company now has a grace period to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 8:18 pm

PGR

JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $171 to $202.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 8:18 pm

MAXN

Maxeon Solar Technologies forecasts its Q1 2024 revenue to be around $186M, which is significantly lower than the estimated $242.333M.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 8:14 pm

MAXN

Maxeon Solar Technologies reported preliminary Q4 2023 revenue of $229M, falling short of the estimated $235.959M.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 8:14 pm

KA

Kineta's shares surged following the announcement of positive initial clinical response data from its Phase 1/2 VISTA-101 clinical trial at AACR 2024.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 8:05 pm