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ASTI

Ascent Solar Technologies (NYSE:ASTI) has seen a 46.19% decrease in its short percent of float since its last report, with 731 thousand shares currently sold short. This represents 1.2% of all regular shares available for trading. The short interest in Ascent Solar Technologies is lower than its peer group average of 2.42%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 6:30 pm

SWN

Southwestern Energy's (NYSE:SWN) short percent of float has risen 9.17% since its last report, with 59.32 million shares sold short, which is 6.07% of all regular shares available for trading. It would take traders 2.82 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Southwestern Energy's peer group average for short interest as a percentage of float is 6.25%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 6:30 pm

TMO

Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 15 years, producing an average annual return of 16.04%. If an investor had bought $1000 of TMO stock 15 years ago, it would be worth $9,189.73 today.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 6:30 pm

MELI

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 20.18% on an annualized basis, producing an average annual return of 28.9%. If an investor had bought $100 of MELI stock 15 years ago, it would be worth $4,393.53 today.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 6:30 pm

AAPL

Apple, Inc. (NASDAQ:AAPL) has confirmed its main hardware launch event, 'Wonderlust', for September 12, where it is expected to unveil the next iteration of its flagship product, the iPhone. The event will be broadcast from the Apple Park campus in Cupertino, California. The company is expected to unveil four variants of the iPhone: the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max. The new iPhones are expected to have major camera upgrades, a USB-C instead of the lightning connector, and a new design partly made of stronger, lighter, and more premium titanium for the Pro models.

Portfolio Pulse from Shanthi Rexaline

August 29, 2023 | 6:25 pm

ETCUSD

Ethereum Classic (ETC) is trading higher by approximately 7% following a report suggesting the U.S. federal appeals court ruled the SEC was wrong to reject Grayscale's spot bitcoin ETF application. This positive regulatory development could boost investor confidence in the cryptocurrency sector, benefiting Ethereum Classic and other cryptocurrencies.

Portfolio Pulse from Henry Khederian

August 29, 2023 | 6:22 pm

BCHUSD

Bitcoin Cash (BCH) is trading higher by 18.4% following a report suggesting the U.S. federal appeals court ruled the SEC was wrong to reject Grayscale's spot bitcoin ETF application. The positive regulatory news has boosted the overall sentiment in the cryptocurrency market, leading to increased interest in various cryptocurrencies, including Bitcoin Cash.

Portfolio Pulse from Henry Khederian

August 29, 2023 | 6:21 pm

ELF

e.l.f. Beauty, Inc. (NYSE:ELF) has announced an agreement to acquire skin care brand Naturium for $355 million in cash and stock. The acquisition is expected to double e.l.f. Beauty's presence in skin care to approximately 18% of retail sales. Naturium has seen net sales grow at an approximately +80% CAGR over the last two years, with approximately $90 million of net sales expected this year. The transaction is expected to close around September 30, 2023.

Portfolio Pulse from Ryan Gustafson

August 29, 2023 | 6:21 pm

FL

HD

NKE

TGT

TJX

URBN

WMT

The retail sector continues to show divergent quarterly results, with Foot Locker Inc (FL) and Urban Outfitters (URBN) being the latest examples. Foot Locker shares plunged 28% after the company slashed its outlook for the second time this year and reported another quarter of falling sales. In contrast, Urban Outfitters reported improved YoY second quarter earnings and a positive outlook. Other retailers mentioned include Target Corporation (TGT), The Home Depot Inc (HD), Walmart Inc (WMT), The TJX Companies Inc (TJX), and Nike (NKE).

Portfolio Pulse from Upwallstreet

August 29, 2023 | 6:19 pm

UNH

A significant bullish stance has been taken on UnitedHealth Group (NYSE:UNH) as indicated by unusual options activity. The sentiment among these big-money traders is split between 63% bullish and 36% bearish. The whales have been targeting a price range from $300.0 to $540.0 for UnitedHealth Group over the last 3 months. Stephens & Co. has downgraded its action to Overweight with a price target of $560.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 6:16 pm