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DIS

Nelson Peltz of Trian Fund Management expressed hope in a CNBC interview that Disney's CEO, Bob Iger, can fulfill his promises, stating that if Disney succeeds, Trian Fund Management will not intervene again.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:47 pm

MBLY

Mobileye Global's (NYSE:MBLY) short interest has decreased by 6.45% since the last report, with 18.54 million shares sold short, representing 27.7% of its float. This decline in short interest could indicate a more bullish sentiment towards MBLY among investors. The company's short interest is significantly higher than its peer group average of 6.64%, suggesting a mixed market sentiment.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:45 pm

FICO

Fair Isaac Corporation (NYSE:FICO) has seen a 6.52% increase in its short percent of float since the last report, with 645 thousand shares sold short, representing 3.43% of its available trading shares. This indicates a bearish sentiment among investors, although it's not a definitive predictor of a price drop. Compared to its peers, FICO has a lower short interest percentage of 3.43% versus the peer group average of 4.11%, suggesting relatively less bearish sentiment among investors towards FICO.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:45 pm

WBD

Warner Bros. Discovery's (NYSE:WBD) short interest has increased by 7.14%, with 101.45 million shares sold short, representing 4.2% of its float. It would take approximately 3.14 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards WBD, although it has less short interest compared to its peer group average of 7.30%. The increase in short interest doesn't necessarily predict a price drop but indicates heightened short selling activity.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:45 pm

FNA

Paragon 28's stock is trading lower following the announcement of their preliminary Q1 net revenue results, indicating a negative market reaction to the financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:45 pm

ALPN

AQST

FAAS

FNA

GCTS

HIMS

HTZ

PARA

RENT

RGP

SMXT

Lamb Weston Holdings, Inc. (NYSE:LW) reported weak Q3 results, missing earnings and sales estimates, leading to a 17.5% drop in its stock price. Other companies like DigiAsia Corp., GCT Semiconductor Holding, SolarMax Technology, Paragon 28, Resources Connection, Aquestive Therapeutics, Rent the Runway, Paramount Global, Hims & Hers Health, Hertz Global Holdings, and Alpine Immune Sciences also saw significant stock price declines due to various reasons including weak sales, downgrades, and financial filings.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 2:44 pm

AMZN

GOOG

META

ONLN

XLY

Amazon.com Inc (NASDAQ:AMZN) is considering a shift in its capital-return policy due to its substantial cash reserves, with potential share buybacks and dividends on the horizon. Unlike its peers Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc (NASDAQ:META), Amazon has been conservative with capital returns. However, with $32 billion in free cash flow in 2023 and expectations to double that in 2024, analysts anticipate a change under CEO Andy Jassy's leadership. Amazon's stock has surged over 77% in the past year, outperforming the Nasdaq 100.

Portfolio Pulse from Anusuya Lahiri

April 04, 2024 | 2:44 pm

FBTC

GBTC

IBIT

James Wo, CEO of Digital Finance Group, predicts a high likelihood of ETH Spot ETFs approval, citing SEC's positive stance and previous approvals of ETH Futures ETFs. The anticipation mirrors the success of Bitcoin ETFs like GBTC, IBIT, and FBTC. Wo also discusses the strong Q1 2024 performance of the cryptocurrency market, potential in NFTs, and the importance of addressing security in blockchain and DeFi for future growth.

Portfolio Pulse from Surbhi Jain

April 04, 2024 | 2:41 pm

BURU

Trading of Nuburu shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:40 pm

PBR

CNN Brasil reports that the dismissal of Petrobras CEO Prates is imminent, with BNDES head Mercadante being considered as a potential replacement. This development could signal a shift in leadership and possibly strategy for the state-controlled oil giant.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:40 pm