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Ethereum's price has fallen 3.88% to $1,649.79 in the past 24 hours, contrasting its positive trend over the past week where it experienced a 5.0% gain. The trading volume for the coin has risen 144.0% over the past week, while the circulating supply remained the same. Ethereum's current market cap ranking is #2 at $197.81 billion.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:00 pm

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The article discusses three common mistakes investors make in the stock market, using Nextera Energy Partners LP (NEP) and NextEra Energy Inc (NEE) as examples. Both stocks have been aggressively promoted to investors, particularly those chasing dividends, and have seen significant drops in their stock prices due to rising interest rates and lowered dividend growth rates. The article also mentions early trade money flows, with positive flows in NVIDIA Corp (NVDA) and negative flows in Apple Inc (AAPL), Amazon.com, Inc. (AMZN), Alphabet Inc Class C (GOOG), Meta Platforms Inc (META), Microsoft Corp (MSFT), and Tesla Inc (TSLA). Mixed flows are reported for SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ).

Portfolio Pulse from The Arora Report

October 03, 2023 | 2:59 pm

IDT

Trading of IDT Corp shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:59 pm

BNOX

CYBN

MRK

Steve Cohen, through his Point72 asset management firm, has purchased 119,092,680 ordinary shares of Bionomics Limited (NASDAQ:BNOX). The purchase coincided with Bionomics' announcement of positive results from its Phase 2b clinical trial on lead drug candidate BCN210 for PTSD treatment. Bionomics is also working with EmpathBio and Merck (NYSE:MRK) on various treatments.

Portfolio Pulse from Lara Goldstein

October 03, 2023 | 2:56 pm

SPRC

SciSparc Ltd (NASDAQ:SPRC) shares surged after the company was granted a European patent for its core technology, titled 'Combinations of Cannabinoids and N-Acylethanolamines'. The patent is related to methods for enhancing therapeutic effects and reducing side-effects of certain cannabinoids in the cannabis plant. The company recently implemented a 1-for-26 reverse split.

Portfolio Pulse from Adam Eckert

October 03, 2023 | 2:56 pm

CCL

Carnival Corporation's shares are trading lower after Morgan Stanley maintained an Underweight rating and lowered its price target from $11.5 to $11.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:47 pm

ACB

CURLF

Aurora Cannabis Inc. and Curaleaf Holdings, Inc. have each closed their respective funding deals. Aurora raised approximately $28.5 million through a bought deal offering of common shares, with plans to use the majority of the proceeds to repay the remaining balance of its convertible notes. Curaleaf raised CA$16.2 million through an offering of subordinate voting shares, with plans to use a portion of the proceeds to fund the working capital requirements of its international business and for general corporate purposes.

Portfolio Pulse from Jelena Martinovic

October 03, 2023 | 2:46 pm

HES

Hess's (NYSE:HES) short percent of float has risen 30.52% since its last report, with 4.05 million shares sold short, which is 2.01% of all regular shares available for trading. It would take traders 2.16 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Hess's peer group average for short interest as a percentage of float is 6.76%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm

RELX

RELX's short percent of float has fallen 28.57% since its last report, indicating a more bullish sentiment towards the stock. The company has 1.03 million shares sold short, which is 0.05% of all regular shares available for trading. Compared to its peers, RELX has less short interest, with an average of 2.97% for its peer group.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm

LRCX

Lam Research's (NYSE:LRCX) short percent of float has fallen 5.69% since its last report, with 2.63 million shares sold short, which is 1.99% of all regular shares available for trading. It would take traders 2.39 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 5.69%.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm