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ATEN

CALM

MKUL

VINO

VVOS

The article lists the stocks that have gained and lost the most in Wednesday's mid-day session. Gaucho Group Holdings, Vivos Therapeutics, and Conduit Pharmaceuticals were among the top gainers, while Molekule Group, A10 Networks, and Inhibikase Therapeutics were among the top losers. Cal-Maine Foods shares fell by around 8% due to weaker-than-expected sales for its first quarter.

Portfolio Pulse from Lisa Levin

October 04, 2023 | 4:48 pm

TLT

UVIX

VIXM

VIXY

The CBOE Volatility Index (VIX) has surged to a 5-month high, indicating growing apprehensions in financial markets. This surge is largely due to the rise in U.S. Treasury yields, which have reached levels not seen since 2007. The increase in bond yields has caused a decline in the value of the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), which has dropped by over 50% since March 2020. The rise in yields is also impacting the stock market, with several sectors relying on low or stable interest rates for their operations and profitability. ETFs such as Proshares Trust VIX Short-Term Futures ETF (NYSE:VIXY), Proshares Trust VIX Mid-Term Futures ETF (NYSE:VIXM), and 2x Long VIX Futures ETF (NYSE:UVIX) provide investors with exposure to stock market volatility.

Portfolio Pulse from Piero Cingari

October 04, 2023 | 4:47 pm

ROAD

Construction Partners announced preliminary financial results for FY23, which led to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 4:46 pm

FANG

Diamondback Energy's (NYSE:FANG) short percent of float has risen 3.95% since its last report, with 8.24 million shares sold short, which is 5.26% of all regular shares available for trading. It would take traders 3.81 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.62%.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 4:45 pm

Estee Lauder Cos's (NYSE:EL) short percent of float has fallen 9.93% since its last report, with 3.15 million shares sold short, which is 1.36% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Estee Lauder has less short interest as a percentage of float, with an average of 6.94%.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 4:45 pm

BSX

Boston Scientific's (NYSE:BSX) short percent of float has fallen 3.57% since its last report, indicating a more bullish sentiment towards the stock. The company has 11.88 million shares sold short, which is 0.81% of all regular shares available for trading. Compared to its peers, Boston Scientific has less short interest.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 4:45 pm

LVS

The article discusses several key topics in the investment world this week, including the potential government shutdown, inflation, falling home sales, negative interest rates, and the performance of Las Vegas Sands ($LVS) in the wake of Macau's longest lockdown and a massive typhoon. The author suggests that the government shutdown is more political theater than a real issue, and that inflation is a problem that the Federal Reserve cannot solve. Home sales continue to fall due to higher interest rates and reduced affordability. Negative interest rates are deemed both dumb and unsafe. Lastly, despite recent challenges, Las Vegas Sands is expected to perform well due to the upcoming Golden Week in Macau.

Portfolio Pulse from Gary Brode

October 04, 2023 | 4:39 pm

AMZN

AYI

EADSY

GOOG

HELE

JNJ

MMM

PLTR

PODD

SFTBF

SNY

TEVA

UAL

UBER

UBS

Palantir is expanding its collaboration with PwC to combine AI capabilities. Anthropic, a competitor to OpenAI, is securing additional funding from Alphabet and Amazon. Sanofi and Teva have collaborated to co-develop a drug for inflammatory bowel disease. Insulet's CFO is resigning to join 3M. United Airlines has ordered 110 more aircraft from Boeing and Airbus. Zoom has unveiled AI-powered innovations. Over 75,000 employees of Kaiser Permanente have initiated a three-day strike. Softbank's CEO emphasized the importance of AGI. Uber is expanding its service offerings to include package return. UBS is offering enticing interest rates to attract clients. A New Jersey appeals court overturned a verdict linked to asbestos exposure in Johnson & Johnson's talc powder products. BP is looking to sell a stake in its U.S. oil and gas pipeline network. Helen Of Troy and Acuity Brands reported their earnings.

Portfolio Pulse from Vandana Singh

October 04, 2023 | 4:37 pm

NVS

SDZNY

SDZXF

Novartis AG's spin-off, Sandoz Group AG, debuted on the SIX Swiss Exchange with a lower-than-expected valuation of $11.2 billion, causing a dip in Sandoz shares. Novartis reiterated its capital allocation strategy, including a $15 billion share buy-back and an annual dividend. Novartis shares also declined by 3.30%.

Portfolio Pulse from Vandana Singh

October 04, 2023 | 4:35 pm

INFY

Infosys shares are trading higher following an upgrade from JP Morgan, which changed its rating from Underweight to Neutral.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 4:34 pm