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SPY

In an Axios interview, Fed's Williams stated that his view of the economy remains unchanged after January data, indicating things are moving in the right direction. He mentioned that it would be appropriate to cut rates 'at some point,' likely later this year.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 5:18 pm

BWMX

Betterware De Mexico's shares surged following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 5:16 pm

ABR

Arbor Realty Trust (NYSE:ABR) has seen a 15.75% increase in its short percent of float since the last report, with 63.90 million shares sold short, representing 35.05% of all shares available for trading. This indicates a bearish market sentiment towards ABR, as an increase in short interest can signal that investors expect the stock price to fall. However, it's also noted that high short interest can sometimes be bullish, as covering short positions can drive the stock price up. ABR's short interest is significantly higher than its peer group average of 4.64%.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:15 pm

YUMC

Yum China Holdings (NYSE:YUMC) has seen a decrease in short interest, now at 1.98% of float, down 5.26% from the last report. With 8.03 million shares sold short, it would take about 2.06 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards YUMC among investors. Compared to its peers, YUMC has a significantly lower short interest percentage of 1.98% against an average of 9.02%, suggesting better performance or sentiment relative to its peer group.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:15 pm

B

Barnes Gr (NYSE:B) has seen a 19.91% increase in short percent of float since its last report, with 926 thousand shares sold short, representing 2.59% of available shares. This indicates a bearish market sentiment towards B, although it has less short interest compared to its peers' average of 5.16%. The increase in short interest doesn't necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:15 pm

LILA

Liberty Latin America's shares dropped following the announcement of Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 5:15 pm

BLX

Banco Latinoamericano (BLX) announced a $50 million repurchase plan and increased its quarterly dividend, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 5:13 pm

INTU

Intuit Inc (NASDAQ:INTU) reported in-line revenues and an earnings beat for Q4. Analysts from Stifel, Mizuho Securities, Oppenheimer, Piper Sandler, and William Blair are bullish on Intuit's AI strategy and have raised their price targets. The company's performance was highlighted by strong results in the Small Business segment and expectations of a return to a normalized tax season. Shares of Intuit rose by 0.87% to $663.64.

Portfolio Pulse from Priya Nigam

February 23, 2024 | 5:11 pm

AMD

ARM

NVDA

SMCI

AMD's stock fell over 3% following a rally due to NVIDIA's earnings report. Super Micro Computer's stock dropped over 10% after announcing a convertible notes offering. The AI boom's impact on chip companies like NVIDIA and AMD is highlighted, with AMD's Q1 earnings report anticipated on April 30, 2024. Traders may be taking profits from AMD's recent gains, and the chip sector showed mixed performance.

Portfolio Pulse from Aaron Bry

February 23, 2024 | 5:10 pm

AU

AngloGold Ashanti plc (NYSE:AU) shares surged after reporting FY23 gold income of $4.48 billion, up from $4.39 billion the previous year, despite a 3% decline in gold production. The company also announced a significant new gold discovery in Nevada, contributing to a positive outlook for FY24 and FY25 with expected increases in gold production and capital expenditure. However, gross profit and adjusted net debt declined and increased, respectively.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 5:09 pm