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PRAX

RXST

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Jim Cramer, on CNBC's 'Mad Money Lightning Round,' labeled Praxis Precision Medicines (PRAX) as 'too risky' despite its 64% stock jump over the past month following a public offering. He also rejected U.S. Silica Holdings (SLCA) after its Q3 results fell short of expectations. Conversely, Cramer endorsed Tetra Tech (TTEK) following Keybanc's Overweight rating and $191 price target. RxSight (RXST) was noted for losing money, with Cramer seeking further analysis despite Needham's Buy rating and increased price target from $35 to $41.

Portfolio Pulse from Avi Kapoor

January 25, 2024 | 1:33 pm

SPY

December's Retail Inventories excluding autos showed an increase of 0.6%, a reversal from the prior month's decrease of 0.9%. This indicates a potential buildup of inventory levels in the retail sector.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 1:32 pm

EIS

EWU

SPY

USO

The US and UK are preparing to impose new sanctions on the Houthi rebels in response to their recent attacks in the Red Sea. These sanctions are aimed at curbing the rebels' aggressive actions which threaten the security of a key global shipping route. The impact of these sanctions on the global oil market and related stocks could be significant, as the Red Sea is a crucial transit point for oil shipments.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 1:29 pm

COF

Capital One Financial Corporation (NYSE:COF) is anticipated to release its Q4 earnings report after market close on January 25, with expected earnings of $2.64 per share, down from $2.82 per share year-over-year. Revenue is projected at $9.46 billion, up from $9.04 billion. Analyst downgrades include BMO Capital moving COF to Market Perform and Deutsche Bank initiating coverage with a Hold rating and a $153 price target. The company's dividend yield is 1.83%, with a quarterly dividend of 60 cents per share. To earn $500 monthly from dividends, an investment of approximately $327,725 or 2,500 shares is needed. COF shares gained around 1% to close at $131.09 on Wednesday.

Portfolio Pulse from Avi Kapoor

January 25, 2024 | 1:28 pm

MBLY

Mobileye Global Inc (NASDAQ:MBLY) reported Q4 2023 revenue of $637.0 million, a 13% increase YOY but slightly below consensus estimates of $639.8 million. Adjusted EPS was $0.28, beating estimates by $0.01. EyeQ and SuperVision revenue rose to $611 million from $543 million, although the Average System Price decreased. Gross margin improved, but adjusted gross margin fell due to higher EyeQ chip costs. The company has $1.21 billion in cash and equivalents. CEO Prof. Amnon Shashua highlighted $7 billion in design wins and expansion in the vehicle model pipeline. FY24 revenue outlook was reiterated at $1.83 billion – $1.96 billion, below the $2.06 billion estimate. MBLY shares dropped 0.77% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

January 25, 2024 | 1:25 pm

SPY

SEC Chair Gary Gensler has advocated for a shorter stock settlement time in the U.S. starting in May. He also suggested that central banks around the world should consider reducing the forex settlement time by half.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 1:25 pm

IFIN

INFINT Acquisition Corporation has received a noncompliance notification from the New York Stock Exchange (NYSE). The notice is likely due to the company not meeting certain listing standards, which could include financial viability, share price, or reporting requirements. The company will have a period to regain compliance, during which its stock will continue to trade on the NYSE. Failure to regain compliance within the set timeframe could lead to delisting.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 1:19 pm

BYND

Beyond Meat (NYSE:BYND) has seen a decrease in short interest, with 23.61 million shares sold short, representing 40% of its float. The short interest has fallen by 3.24% since the last report, and it would take about 10.62 days to cover all short positions. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price. Beyond Meat's short interest is significantly higher than its peer group average of 4.36%.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 1:15 pm

SATS

EchoStar Corporation (NYSE:SATS) has experienced a significant increase in short interest, with the short percent of float rising to 11.4%, which is above the peer group average of 5.78%. The current volume suggests it would take approximately 2.33 days for traders to cover their short positions. While high short interest can indicate bearish sentiment, it can also lead to bullish outcomes if the stock price increases, prompting a short squeeze.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 1:15 pm

PSEC

Prospect Capital (NYSE:PSEC) has seen a decrease in short interest, with the short percent of float dropping 3.55% since the last report. The company has 18.72 million shares sold short, representing 6.25% of available shares for trading. The average time to cover these short positions is 11.04 days. Short interest is a market sentiment indicator, with decreases suggesting a more bullish outlook. Prospect Capital has a higher short interest than its peer group average of 3.18%.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 1:15 pm