Streetbeat News

Stock Prices

TCNNF

Trulieve Cannabis Corp (OTC:TCNNF) is preparing for potential disruptions from Hurricane Helene as it approaches Florida. CEO Kim Rivers assures that the company is ready, with facilities built to withstand storms and generators on site. The storm poses a threat to Trulieve's operations and the cannabis supply chain, but the company is optimistic about its preparedness.

Portfolio Pulse from Javier Hasse

September 25, 2024 | 3:35 pm

TSLA

Tesla's 'Full Self Driving' system requires human intervention every 13 miles, according to independent testing. The system showed dangerous behavior, such as running red lights and crossing into oncoming traffic, raising concerns about its safety.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 3:35 pm

MBLY

An option alert for Mobileye Global indicates a sweep of 2,686 November 15 $14 call options at $1.2, compared to an open interest of 1,596. This suggests increased bullish sentiment ahead of their earnings report on October 24.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 3:34 pm

JD

JD.Com Inc shares are down 2.05% following a 7% rise due to China's Central Bank stimulus. The decline is attributed to profit-taking. Despite the drop, JD.com is well-positioned to benefit from increased liquidity and consumer spending as the Chinese economy recovers.

Portfolio Pulse from Henry Khederian

September 25, 2024 | 3:32 pm

ADP

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years, achieving an average annual return of 13.95%. A $1000 investment in ADP 15 years ago would be worth $7,024.17 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:30 pm

FIX

Comfort Systems USA (NYSE:FIX) has significantly outperformed the market over the past 5 years, with an annualized return of 55.37%. A $100 investment in FIX 5 years ago would now be worth $890.29, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:30 pm

MTH

Meritage Homes (NYSE:MTH) has seen a 3.31% decrease in its short percent of float, now at 3.8%. This is lower than its peers' average of 5.83%. The reduced short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:30 pm

ADC

Agree Realty's short interest has increased by 10.03%, with 15.79% of its float sold short. This is significantly higher than its peers' average of 5.06%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:30 pm

AZO

AutoZone's short interest has increased by 3.2%, with 436,000 shares sold short, representing 2.9% of its float. This is lower than the peer group average of 11.58%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:30 pm

SNOW

Snowflake Inc. (NYSE:SNOW) shares are trading higher as the company recovers from a dip following the announcement of a $2 billion convertible senior notes offering. The notes are priced at a 40% premium, and analysts maintain a positive outlook with a price target of $180.

Portfolio Pulse from Erica Kollmann

September 25, 2024 | 3:30 pm