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Stock Prices

TENB

Over the past 3 months, 9 analysts have published their opinion on Tenable Holdings (NASDAQ:TENB) stock. The company has an average price target of $53.56, up by 14.94% from the previous average price target of $46.60. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 1:00 pm

BUD

Anheuser-Busch InBev's (NYSE:BUD) short percent of float has fallen 17.65% since its last report, with 4.80 million shares sold short, which is 0.28% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Anheuser-Busch InBev has less short interest.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 1:00 pm

ROST

Ross Stores reported better-than-expected Q2 financial results and issued guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 12:58 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is one of the fastest-growing companies in the world due to increasing demand for electric vehicles. The company pays a majority of its employees between $85,000 and $175,000, according to a Business Insider report. This data does not include stock-based compensation, grants, individual performance rewards, and bonuses. Tesla's stock-based compensation has been particularly lucrative for employees in recent years, given the stock's incredible run from late 2019 to the end of 2021.

Portfolio Pulse from Adam Eckert

August 18, 2023 | 12:54 pm

GS

JPM

SFTBF

Online grocery delivery service, Instacart Inc, is reportedly preparing for an initial public offering (IPO) by September. The company had previously hinted at going public in 2022, partnering with Goldman Sachs Group Inc and JPMorgan Chase & Co, but delayed plans due to a downturn in the IPO market. Instacart's valuation was previously estimated at $24 billion, but has been revised to around $13 billion.

Portfolio Pulse from Anusuya Lahiri

August 18, 2023 | 12:52 pm

CAN

Canaan Inc. has temporarily shut down approximately 2.0 Exahash/s of its Bitcoin mining computing power in Kazakhstan due to regulatory changes. The company is working to obtain a Type II license for mining hardware owners but must wait for a local partner to obtain a Type I license for mining infrastructure possessors. The shutdown represents about 50% of the company's total installed computing power in Central Asia and North America. The company anticipates a continued suspension of its mining operations in Kazakhstan into the third quarter of 2023, resulting in an expected reduction in Bitcoin generation.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 12:46 pm

EXPR

Fashion retailer Express Inc (EXPR) expects Q2 FY23 sales to be $400 million - $450 million and diluted loss per share to be $(0.50) to $(0.60). The company plans to deliver $150 million in annualized expense reductions by 2025 and has already identified and implemented $80 million for 2023 and $120 million for 2024. The Board of Directors authorized a 1-for-20 reverse stock split of the company's common stock, expected to be effected after market close on August 30, 2023. EXPR shares are trading lower by 6.86% in premarket Friday.

Portfolio Pulse from Shivani Kumaresan

August 18, 2023 | 12:44 pm

HE

KEYS

XPEV

Hawaiian Electric (HE) shares surged after stating in a filing that it has no plans to restructure the company. XPeng (XPEV) reported Q2 EPS of $(0.43), missing the $(0.31) estimate, but sales of $698.18M beat the $694.28M estimate. Keysight Techs (KEYS) Q3 EPS of $2.19 beat the $2.04 estimate, and sales of $1.38B met the $1.38B estimate.

Portfolio Pulse from ryanfaloona@benzinga.com

August 18, 2023 | 12:40 pm

CEI

Camber Energy, Inc. (NYSE:CEI) has released additional information to help identify and combat potential short selling of the company's stock. Independent reports suggest that Merrill Lynch, TD Ameritrade, Charles Schwab, E-Trade, Apex, Wedbush, and National Financial Services have the largest trade imbalances regarding the trading of Camber's stock. The company has provided contact information for the Chief Compliance Officer of each organization and encourages shareholders to demand an internal investigation.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 12:34 pm

KEYS

Keysight Technologies has issued Q4 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 12:34 pm