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RILY

B. Riley Financial's short interest has decreased by 4.94%, with 11.57 million shares sold short, representing 56.82% of its float. This is significantly higher than its peers' average of 2.78%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 1:00 pm

WDC

Analysts have mixed opinions on Western Digital (NASDAQ:WDC), with recent ratings showing a slight decrease in average price targets. The company's financial metrics reveal strong revenue growth and efficient asset utilization, but challenges in ROE and market capitalization. Analysts' ratings and price targets provide insights into Western Digital's market position.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 1:00 pm

MUR

Murphy Oil's short interest has increased by 15.19%, with 11.19 million shares sold short, representing 10.69% of its float. This is higher than its peers' average of 6.59%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 1:00 pm

JWN

NTRS

PK

REG

SONO

Several top Wall Street analysts have downgraded their ratings for major companies, including Nordstrom, Regency Centers, Park Hotels & Resorts, Northern Trust, and Sonos. These downgrades have led to varying impacts on the stock prices of these companies.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:58 pm

BABA

JD

NIO

XPEV

Chinese stocks are experiencing a rise in share prices due to a report indicating that China plans to issue up to $284 billion in sovereign debt as a stimulus measure.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:57 pm

KTTA

Pasithea Therapeutics Corp. (NASDAQ:KTTA) announced positive data from its Phase 1 trial of PAS-004, leading to a significant surge in its stock price. The trial showed promising safety, tolerability, and pharmacokinetic results, with no adverse events reported. The stock rose by 71.70% on high trading volume.

Portfolio Pulse from Vandana Singh

September 26, 2024 | 12:56 pm

META

Meta Platforms Inc. showcased its AI and AR advancements at the Meta Connect event, highlighting innovations in AI assistants, AR glasses, and affordable mixed-reality headsets. Despite projected losses in Reality Labs, JPMorgan analyst Doug Anmuth raised Meta's price target, citing strong core business and potential market reach.

Portfolio Pulse from Surbhi Jain

September 26, 2024 | 12:50 pm

ONMD

OneMedNet Corporation (NASDAQ:ONMD) has announced a $1.7 million private placement with Off the Chain Capital, selling 1,918,591 shares at $0.65 each. The funds will be used for working capital and corporate purposes, with some allocated to Bitcoin purchases.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:47 pm

LUV

Southwest Airlines (NYSE:LUV) shares rose in premarket trading after announcing a new $2.5 billion share repurchase program, replacing the previous one. The company expects revenue growth and cost savings, with plans to introduce assigned seating by 2026.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2024 | 12:45 pm

ENVB

Enveric Biosciences presented data on its lead candidate, EB-003, at a pharmacology workshop. EB-003 shows potential as a non-hallucinogenic treatment for depression and anxiety, setting it apart from other DMT analogs.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:42 pm