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CDNS

DE

PNQI

UBER

On CNBC's 'Halftime Report Final Trades,' analysts provided their picks, including Deere & Company (DE) ahead of its earnings report, Uber Technologies (UBER) with its Q4 bookings and EBITDA projections, Invesco NASDAQ Internet ETF (PNQI) as a final trade, and Cadence Design Systems (CDNS) which reached an all-time high. Deere previously reported better-than-expected Q3 earnings, as did Cadence Design Systems. Deere's shares fell 1.1%, Uber's rose 1.3%, PNQI gained 0.1%, and Cadence Design's shares increased by 0.9% during Monday's session.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 1:19 pm

STRS

Stratus Properties reported a year-over-year decline in earnings per share, from $(0.29) to $(0.35), and a decrease in revenue from $9.977 million to $3.669 million.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:17 pm

UTZ

Utz Brands, Inc. (NYSE:UTZ) announced the appointment of Mitchell Arends as Executive Vice President, Chief Integrated Supply Chain Officer, and Cary Devore as Executive Vice President, Chief Operating and Transformation Officer, effective November 27, 2023. These appointments aim to enhance the company's execution of strategic priorities, including supply chain optimization and integrated business planning. Arends brings over 25 years of supply chain experience from Kraft Heinz, while Devore has been with Utz for over seven years, contributing significantly to its growth and transformation.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:16 pm

LEV

Barclays analyst Dan Levy has maintained an Equal-Weight rating on Lion Electric (NYSE:LEV) but has reduced the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:16 pm

JNVR

Janover Inc. reported an 11% increase in Q3 revenues year-over-year, totaling $583,785. However, earnings per share (EPS) declined, with a loss of $(0.17) compared to a loss of $(0.04) in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:16 pm

CAE

CAE Inc. reported Q2 adjusted earnings of $0.14 per share, meeting analyst estimates, but representing a 6.67% decrease from the previous year. Sales were $811.40M, surpassing the $775.05M estimate, marking a 6.56% increase from the prior year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:15 pm

JNVR

Janover Inc (NASDAQ:JNVR) reported an 11% year-on-year increase in Q3 revenue to $583,785, with revenue per transaction up 78%. However, net loss widened to $1.6 million, or 17 cents per share, from $267,642, or $0.04 per share, in the same quarter last year. Sales and marketing expenses rose 70% due to stock-based compensation related to its IPO. Adjusted EBITDA showed a loss of $407,107. CEO Blake Janover highlighted the doubling of SBA transaction revenue and the potential of AI and strategic partnerships to capture more market share. JNVR shares rose 5.60% to $0.74 in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 14, 2023 | 1:15 pm

ZS

Zscaler (NYSE:ZS) has seen a 9.09% increase in short interest since the last report, with 5.58 million shares sold short, representing 6.24% of available shares. It would take about 3.99 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Zscaler has a higher short interest than its peer group average of 4.82%.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 1:15 pm

JNVR

Janover (NASDAQ:JNVR) reported Q3 earnings with a 325% increase in losses per share to $(0.17), compared to $(0.04) YoY. However, revenues rose by 11.12% to $583.78K from $525.36K YoY.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:15 pm

FDX

FedEx (NYSE:FDX) has seen a 14.19% decrease in short interest since its last report, with 3.09 million shares sold short, representing 1.33% of its float. The average time to cover these short positions is 1.73 days. Short interest is a market sentiment indicator, and FedEx's short interest is below its peer group average of 3.19%. This decline in short interest does not necessarily predict a stock price increase.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 1:15 pm