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GOOG

GOOGL

Alphabet Inc's shares are trading lower due to the Federal Reserve's decision to maintain the federal funds rate at its existing range of 5.25% to 5.5%. Higher interest rates can lead to increased borrowing costs for businesses, potentially affecting Alphabet's operational costs and corporate profits.

Portfolio Pulse from Henry Khederian

September 20, 2023 | 7:52 pm

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), is currently the world's richest person with a net worth of $244 billion, despite Tesla shares falling over 60%. Musk's wealth comes from his 15% ownership of Tesla and around 40% ownership of SpaceX. His wealth increased by $107 billion year-to-date in 2023.

Portfolio Pulse from Chris Katje

September 20, 2023 | 7:52 pm

SPY

The market-on-close imbalance is leaning towards the sell-side with $1.7 billion. This could potentially impact the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:51 pm

LLY

Eli Lilly's (NYSE:LLY) short percent of float has risen 9.23% since its last report, with 5.62 million shares sold short, which is 0.71% of all regular shares available for trading. It would take traders 2.55 days to cover their short positions on average. The company's short interest is less than most of its peers, with an average of 4.29%.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 7:45 pm

CVX

Chevron's (NYSE:CVX) short percent of float has risen 9.46% since its last report, with 15.44 million shares sold short, which is 0.81% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Chevron has less short interest as a percentage of float, with an average of 1.74%.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 7:45 pm

BA

Boeing's (NYSE:BA) short percent of float has fallen 3.15% since its last report, with 7.40 million shares sold short, which is 1.23% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Boeing. Compared to its peers, Boeing has less short interest as a percentage of float, with an average of 2.60%.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 7:45 pm

FLGC

Flora Growth Corp (FLGC) shares dropped by 4.1% to $1.41 after the company announced the pricing of a $2.7 million registered direct offering and concurrent private placement. The company plans to use the proceeds to increase operating capacity, for working capital and for other general corporate purposes. The offering is expected to close on September 21.

Portfolio Pulse from Henry Khederian

September 20, 2023 | 7:43 pm

BJDX

Bluejay Diagnostics, Inc. (NASDAQ:BJDX) shares surged on Wednesday, marked by unusually high trading volume. The stock has been in decline since early August due to negative catalysts such as a disappointing Q2 earnings report and a $1.59 million registered direct offering. However, the stock spiked on Wednesday with a trading volume of 35.67 million shares compared to its average volume of 593,393. The stock also has elevated short interest with 7.99% of shares currently sold short, which could have contributed to the price surge.

Portfolio Pulse from Ryan Gustafson

September 20, 2023 | 7:42 pm

ABT

A significant investor has taken a bearish stance on Abbott Laboratories (NYSE:ABT), with 60% of recent trades being bearish and 40% bullish. The trades indicate a target price range of $95.0 to $115.0 for Abbott Laboratories over the last 3 months. The current price of ABT is $100.62, down -0.05%. Next earnings are expected in 28 days.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 7:33 pm

TM

A significant investor has taken a bearish stance on Toyota Motor (NYSE:TM), with 81% of the detected trades being bearish. The trades include 3 puts for a total of $310,329 and 8 calls for a total of $386,117. The whales have been targeting a price range from $175.0 to $200.0 for Toyota Motor over the last 3 months. The price of TM is currently down -2.35% at $190.47.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 7:33 pm