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CNC

Centene's (NYSE:CNC) short percent of float has risen 6.45% since its last report, with 6.27 million shares sold short, which is 1.32% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Centene has less short interest as a percentage of float (3.20%).

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

NSC

Norfolk Southern (NYSE:NSC) has received a mix of bullish and indifferent ratings from analysts in the last quarter. The average price target for the stock is $243.0, which is higher than its current price of $193.95, implying an upside. The average price target has increased by 3.03% from the previous average of $235.86.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

HAL

Halliburton's (NYSE:HAL) short percent of float has fallen 6.41% since its last report, with 20.90 million shares sold short, which is 2.63% of all regular shares available for trading. It would take traders 2.73 days to cover their short positions on average. Compared to its peers, Halliburton has less short interest as a percentage of float, with the average being 5.57%.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

ACN

Accenture PLC has acquired Tokyo-based integrated marketing firm, SIGNAL, for an undisclosed amount. The acquisition will enhance Accenture's marketing capabilities and add 100 industry experts to its team in Japan. Last week, Accenture reported Q4 revenue growth of 4% Y/Y to $15.98 billion, missing the consensus of $16.07 billion. ACN shares are trading lower by 0.55% at $305.42 premarket.

Portfolio Pulse from Lekha Gupta

October 02, 2023 | 12:59 pm

NVS

Novartis AG has announced positive interim results from the Phase 3 APPLAUSE-IgAN study of iptacopan, a therapy for IgA nephropathy (IgAN), a rare kidney disease. The study showed iptacopan's superiority over placebo in reducing proteinuria. The safety profile was consistent with previous data. The study continues to evaluate iptacopan’s ability to slow IgAN progression. Novartis plans to submit for possible accelerated approval with the FDA in 2024. Novartis shares are down 0.30% at $101.55 during the premarket session.

Portfolio Pulse from Vandana Singh

October 02, 2023 | 12:59 pm

NVDA

A report from Tokyo's Akihabara Electric Town district indicates a shortage of Nvidia's GeForce RTX 40 series graphics cards, particularly the high-end RTX 4090. The shortage is attributed to a supply-demand imbalance, with some speculating that Nvidia may be prioritizing AI GPU customers. Retail back orders are longer for GPUs priced around $1,670. While some believe the shortage may be intentional to offload RTX 30 stocks, US retailers like Amazon and Newegg currently have ample stocks of GeForce RTX 4090 models.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 12:56 pm

BNTX

MRNA

PFE

The Nobel Assembly has awarded the Nobel Prize in medicine to Katalin Kariko and Drew Weissman for their work in the development of mRNA vaccines against Covid-19. Their research paved the way for companies like Moderna Inc. and the Pfizer Inc. – BioNTech SE partnership to rapidly develop mRNA-based vaccines. Despite this, shares of Moderna and Pfizer have experienced a 43% and 35% decline year-to-date respectively.

Portfolio Pulse from Piero Cingari

October 02, 2023 | 12:55 pm

AWIN

AERWINS Technologies is considering strategic alternatives for its non-core operations, which has led to a rise in its share prices.

Portfolio Pulse from Bill Haddad

October 02, 2023 | 12:53 pm

HMY

Harmony Gold's shares are trading lower due to a decrease in gold prices and JP Morgan analysts lowering their price target on the stock.

Portfolio Pulse from Luke J Jacobi

October 02, 2023 | 12:53 pm

APRN

THRN

TWNK

The article identifies three overbought stocks in the consumer staples sector that may crash in Q4: Blue Apron Holdings, Inc. (APRN), Thorne HealthTech, Inc. (THRN), and Hostess Brands, Inc. (TWNK). All three companies have recently announced acquisition agreements and have high Relative Strength Index (RSI) values, indicating they are overbought.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 12:53 pm