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Stock Prices

AZO

AutoZone (NYSE:AZO) has significantly outperformed the market over the past 15 years, with an annualized return of 22.56%. A $100 investment in AZO 15 years ago would now be worth $2,112.94, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 4:00 pm

SHEL

Shell's shares are experiencing an uptick following the company's release of its Q3 volume outlook.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:58 pm

SMCI

Super Micro shares are trading higher following the company's deployment of over 100,000 GPUs with liquid cooling systems for AI factories, reducing power demand by up to 40%. The CEO emphasized innovation and rapid deployment for both new and modernized data centers.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:55 pm

DIS

WBD

The sequel to the 2019 hit film 'Joker', titled 'Joker: Folie à Deux', underperformed at the box office, raising concerns for Warner Bros. Discovery Inc. The film opened with $40 million domestically, below expectations, and received poor reviews. This could negatively impact Warner Bros.' stock, which is already down 33% year-to-date.

Portfolio Pulse from Chris Katje

October 07, 2024 | 3:54 pm

APO

B

Barnes Group, Inc. (NYSE:B) is set to be acquired by Apollo Global Management, Inc. (NYSE:APO) in a $3.6 billion all-cash deal. Barnes shareholders will receive $47.50 per share, a 22% premium over the June 25, 2024 closing price. The transaction is expected to close by Q1 2025, after which Barnes will be delisted and operate privately. Barnes has suspended its 2024 financial guidance due to the acquisition.

Portfolio Pulse from Lekha Gupta

October 07, 2024 | 3:54 pm

SMCI

Supermicro, Inc. (NASDAQ:SMCI) has announced a comprehensive liquid cooling solution aimed at reducing total cost of ownership (TCO) and energy consumption for data centers, particularly those running large AI clusters. This solution includes various components like Coolant Distribution Units and management software, and has already seen over 2,000 liquid-cooled racks delivered since June 2024.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:51 pm

PINS

RDDT

SNAP

JP Morgan analyst Doug Anmuth maintains a Neutral rating on Reddit, Inc (NYSE:RDDT) with a raised price target of $77, citing strong fundamentals but valuation concerns. Reddit's ad performance and revenue growth are positive, but the stock is approaching fair valuation.

Portfolio Pulse from Anusuya Lahiri

October 07, 2024 | 3:48 pm

AMSC

American Superconductor (NYSE:AMSC) has seen a 3.0% increase in its short percent of float, now at 7.2%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 10.27%.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:45 pm

PH

Parker Hannifin's short interest has increased by 7.14%, with 1.16 million shares sold short, representing 0.9% of its float. This is lower than the peer group average of 2.56%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:45 pm

KEY

KeyCorp's short interest has decreased by 22.41%, with 16.69 million shares sold short, representing 2.32% of its float. This is higher than its peers' average of 1.65%. The decrease in short interest may indicate a more bullish sentiment towards KeyCorp.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:45 pm