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PSX

Phillips 66's (NYSE:PSX) short percent of float has risen 3.7% since its last report, with 9.95 million shares sold short, which is 2.52% of all regular shares available for trading. It would take traders 2.7 days to cover their short positions on average. The company's short interest is less than its peer group average of 9.50%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:00 pm

DOGEUSD

Dogecoin's price rose 6.39% to $0.06 in the past 24 hours, continuing its positive trend over the past week with a 7.0% gain. The coin's trading volume has climbed 77.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.22%. The current market cap ranking for DOGE is #10 at $9.15 billion.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:00 pm

TIGO

HSBC has downgraded Millicom's stock from Buy to Hold, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:56 pm

LMDX

LumiraDx announced a strategic collaboration with AstraZeneca and Everton in the Community to establish England's first community-based heart and lung screening hub. This news has led to an increase in LumiraDx's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:36 pm

CSX

Over the past 10 years, CSX (NASDAQ:CSX) has outperformed the market by 4.1% on an annualized basis, producing an average annual return of 13.14%. If an investor had bought $1000 of CSX stock 10 years ago, it would be worth $3,432.18 today.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:30 pm

CAT

Over the past 10 years, Caterpillar (NYSE:CAT) has outperformed the market by 2.45% on an annualized basis, producing an average annual return of 11.49%. If an investor had bought $1000 of CAT stock 10 years ago, it would be worth $2,959.90 today.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:30 pm

T

VZ

Verizon Communications Inc. (VZ) shares are trading lower by 0.4% to $31.44 ahead of the company's Tuesday earnings report. Analysts estimate that Verizon will report EPS of $1.18 on revenue of $33.25 billion. Verizon shares gained last week in sympathy with AT&T Inc. (T) after the company reported better-than-expected Q3 financial results. AT&T reported operating revenues of $30.35 billion, a 1% YoY increase, and adjusted EPS of $0.64, surpassing the consensus estimate of $0.59.

Portfolio Pulse from Henry Khederian

October 23, 2023 | 2:29 pm

PEP

PG

Procter & Gamble (PG) reported Q1 results that beat top and bottom-line estimates despite losing some consumers due to rising prices. Net sales expanded 6% to $21.87 billion with organic revenue increasing 7% due to higher pricing. Net income was $4.52 billion, or $1.83 per share. However, volume contracted 1% when excluding the impact of currency and pricing changes. PG expects volume growth for the fiscal year. The company revised its revenue growth forecast to 2%-4% due to anticipated foreign exchange rate impacts. PG remains confident in its customers' resilience, expecting them to absorb higher prices.

Portfolio Pulse from Upwallstreet

October 23, 2023 | 2:25 pm

PLTR

Shares of Palantir Technologies Inc (NYSE:PLTR) are trading lower due to increased selling pressure from rising Treasury yields. Higher yields make equities look less attractive and borrowing more expensive, which can impact company earnings and slow economic growth. Palantir is set to report its Q3 financial results on Nov. 2, with expected earnings of 6 cents per share and revenue of $555.359 million.

Portfolio Pulse from Adam Eckert

October 23, 2023 | 2:25 pm

ESMT

Engagesmart Inc (NYSE:ESMT) shares are trading higher by over 10% after the company announced a deal to be acquired by Vista Equity Partners for around $4.0 billion or $23 per share in an all-cash transaction. The purchase price represents a premium of about 23% to the unaffected closing price of ESMT's shares on October 4, 2023. The transaction is expected to be completed in Q1 2024.

Portfolio Pulse from Lekha Gupta

October 23, 2023 | 2:25 pm