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NEE

NextEra Energy (NYSE:NEE) has experienced an 11.46% increase in short interest since its last report, with 21.95 million shares sold short, representing 1.07% of its float. The average time to cover these short positions is 1.4 days. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. NextEra Energy's short interest is below its peer group average of 2.25%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 8:00 pm

JPM

In the last quarter, 11 analysts have rated JPMorgan Chase (NYSE:JPM) as mostly bullish with 9 somewhat bullish and 2 indifferent ratings. The average price target is $187.64, representing an upside from the current price of $150.61. This target has decreased by 2.59% from the previous target of $192.62. Analysts' ratings are based on company data, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 8:00 pm

AAPL

QCOM

Apple Inc.'s project to develop its own modem to replace components from Qualcomm Inc. has faced delays, pushing the timeline back to 2026. This setback means Apple will continue to rely on Qualcomm's technology for its iPhones for a longer period than initially expected. The delay could affect Apple's plans to control more of its supply chain and potentially impact its negotiating power and cost structure for components.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 7:57 pm

GAMB

Gambling.com Group's (NASDAQ:GAMB) stock plummeted over 20% after its Q3 earnings report, despite a 19% revenue increase to $23.5 million and surpassing expectations. The company saw robust organic growth in North America and a 26% increase in new depositing customers. The launch of Casinos.com and expansion into Kentucky were also noted. Analysts remain bullish with a consensus Buy rating, but the stock drop suggests investor concerns. Shares are still up 15% YTD.

Portfolio Pulse from Aaron Bry

November 16, 2023 | 7:55 pm

BTC

KAS

A pseudonymous analyst, Credible Crypto, predicts that the altcoin Kaspa (KAS) is set to outperform Bitcoin (BTC), drawing parallels to Bitcoin's historical bullish trends. Kaspa has already seen a 1,700% rise this year, and the analyst has reinvested in it after previously capitalizing on its increase from $0.05 to $0.09. The prediction is based on Bitcoin's past rallies and the current market context, suggesting a strong bullish momentum for Kaspa.

Portfolio Pulse from Murtuza Merchant

November 16, 2023 | 7:34 pm

FIXX

PLCE

SONO

UTI

VLCN

WAVD

WSM

U.S. stocks traded lower with the Dow Jones falling over 100 points. Utilities shares surged by 1%, while energy shares fell by 2.2%. Williams-Sonoma (NYSE:WSM) reported better-than-expected Q3 adjusted earnings, beating EPS estimates but falling short on sales expectations. Sonos (NASDAQ:SONO) shares rose 18% after strong Q4 results. WaveDancer (NASDAQ:WAVD) shares jumped 68% due to a merger agreement with Firefly Neuroscience. Universal Technical Institute (NYSE:UTI) gained 14% following strong sales. Volcon (NASDAQ:VLCN) plunged 64% after announcing a public offering. The Children's Place (NASDAQ:PLCE) dropped 29% after weak earnings. Homology Medicines (NASDAQ:FIXX) fell 38% after announcing a merger with Q32 Bio. Gold prices increased by 1.2%, and oil prices declined by 5.7%.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 7:30 pm

TT

Trane Technologies (NYSE:TT) has outperformed the market with an average annual return of 23.92% over the past 5 years. A $1000 investment in TT 5 years ago would be worth $2,834.85 today. Trane Technologies currently has a market cap of $51.42 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:30 pm

MSI

Motorola Solutions (NYSE:MSI) has delivered an average annual return of 20.67% over the past 5 years, outperforming the market by 9.47% on an annualized basis. A $1000 investment in MSI 5 years ago would be worth $2,503.05 today. The company's current market capitalization stands at $52.13 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:30 pm

LCID

Lucid Group, Inc. (NASDAQ:LCID) has introduced its new electric SUV, the Lucid Gravity, at the Los Angeles Auto Show. The vehicle is expected to start production in late 2024 with a starting price of $80,000 and a projected driving range of over 440 miles. Lucid's CEO and chief engineer emphasized the vehicle's technology, design, and efficiency. Lucid Group shares are down slightly by 0.25% at $4.22.

Portfolio Pulse from Erica Kollmann

November 16, 2023 | 7:25 pm

PANW

B of A Securities analyst Tal Liani has downgraded Palo Alto Networks (NASDAQ:PANW) from Buy to Neutral and reduced the price target from $290 to $265.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 7:17 pm