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DFS

Discover Financial Services' (NYSE:DFS) short percent of float has fallen 7.69% since its last report, with 5.12 million shares sold short, which is 2.4% of all regular shares available for trading. It would take traders 3.41 days to cover their short positions on average. The company's short interest is less than its peer group average of 8.57%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:00 pm

TERN

Terns Pharma (NASDAQ:TERN) has received a majority of bullish ratings from 12 analysts in the last quarter, with an average 12-month price target of $16.83, a high of $23.00, and a low of $10.00. The average price target has increased by 29.46% over the past month.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:00 pm

SRM

SRM Entertainment, Inc is set to IPO on July 27 on the NASDAQ exchange under the ticker SRM. The company is offering shares at an expected price between $4.50 and $5.50 per share with an insider lock-up period of 180 days ending on January 23, 2024.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:00 pm

PRZO

ParaZero Technologies Ltd. (NASDAQ:PRZO) is set to IPO on July 27, with shares expected to be priced between $4.00 and $6.00. The company, which designs and develops autonomous parachute safety systems for commercial drones, has an insider lock-up period of 180 days ending on January 23, 2024.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:00 pm

HES

Hess Corp reported Q2 revenues of $2.32 billion, surpassing the consensus of $2.09 billion. Oil and gas net production rose 28% Y/Y to 387,000 barrels of oil equivalent per day (boepd). The company raised the net production outlook for 2023 due to strong operational performance. However, HES shares are trading lower by 0.29%.

Portfolio Pulse from Lekha Gupta

July 26, 2023 | 2:55 pm

AMZN

MSFT

Amazon has offered to change its marketplace rules to address concerns raised by the UK's Competition and Markets Authority (CMA) following a regulatory probe into alleged abuse of its position. The company has committed to not using Marketplace seller data and to treating all sellers' offers equally. It will also allow independently negotiated rates between carriers and sellers for Prime orders that Amazon does not fulfill. The CMA is currently consulting on Amazon's proposed commitments. Amazon's shares traded lower by 1.70% at $126.94 on the last check Wednesday.

Portfolio Pulse from Anusuya Lahiri

July 26, 2023 | 2:54 pm

RTX

Susquehanna analyst Charles Minervino maintains a positive outlook on RTX (NYSE:RTX), but has lowered the price target from $117 to $110.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 2:53 pm

ADP

ADP shares are trading higher following better-than-expected Q4 results.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 2:53 pm

PANW

Investor Business Daily SwingTrader has reportedly purchased stock in Palo Alto Networks (PANW).

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:53 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher by 7.81% to $27.33 despite no company-specific news. The stock is trading higher amid overall market volatility ahead of the Fed's decision on interest rates. Higher interest rates could make borrowing more expensive for companies like Rivian, potentially impacting their growth plans and overall financial health. It could also reduce consumer spending, impacting Rivian's sales.

Portfolio Pulse from Henry Khederian

July 26, 2023 | 2:52 pm