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DEO

Diageo (NYSE:DEO) has experienced a 38.1% increase in short interest since its last report, with 1.65 million shares sold short, representing 0.29% of its float. It would take about 2.88 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Diageo's short interest is below its peer group average of 4.94%. This suggests less bearish sentiment compared to its peers, and increasing short interest can sometimes be a bullish indicator.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

CDNS

Over the past 5 years, Cadence Design Sys (NASDAQ:CDNS) has significantly outperformed the market with an average annual return of 44.41%, turning a $1000 investment into $6,267.94. The company currently holds a market capitalization of $72.64 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

WLGS

Shares of Wang & Lee Group (WLGS) resumed trading after being halted due to a circuit breaker trigger. The halt was likely due to significant price movement or volatility, which circuit breakers are designed to address by providing a cooling-off period for investors to assess the situation.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:28 pm

M

JP Morgan analyst Matthew Boss has maintained an Overweight rating on Macy's (NYSE:M) and increased the price target from $16 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:28 pm

LH

JP Morgan analyst John Stansel has maintained an Overweight rating on Laboratory Corp (NYSE:LH) and increased the price target from $259 to $261.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:24 pm

BKE

Buckle's stock (BKE) is trading higher following the release of their third-quarter earnings per share (EPS) results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:24 pm

TM

Toyota Motor Corporation (NYSE:TM) has expanded its recycling agreement with Redwood Materials to include the creation of a circular supply chain for end-of-life automotive batteries from Toyota's electrified vehicles. The deal also allows Toyota to use recycled materials for new battery production. This follows a previous collaboration for battery collection and recycling. Toyota's North American supply chain will be supported by Redwood's Nevada facility, with an emphasis on the retiring fleet in California. TM shares saw a 0.95% increase to $192.20.

Portfolio Pulse from Shivani Kumaresan

November 17, 2023 | 3:24 pm

BZH

Beazer Homes' stock trades lower following a report of a year-over-year decline in Q4 earnings per share (EPS).

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:23 pm

DIS

DKNG

The rumored relationship between Taylor Swift and Travis Kelce is influencing NFL viewership, Google searches, Instagram followers, and NFL merchandise sales. Swift's attendance at Chiefs games correlates with a perfect team record and Kelce's improved performance. Sportsbooks are adjusting odds and prop bets based on Swift's presence, with the Chiefs favored by 2.5 points against the Eagles in an upcoming game. Kelce's touchdown odds and receiving yards prop are also influenced. The Chiefs are tied as Super Bowl LVIII favorites with the 49ers, followed by the Eagles.

Portfolio Pulse from Chris Katje

November 17, 2023 | 3:23 pm

WMT

BMO Capital analyst Kelly Bania has maintained an Outperform rating on Walmart (NYSE:WMT) but has reduced the price target from $180 to $175.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:21 pm