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CSCO

Cisco Systems's (NYSE:CSCO) short percent of float has fallen 7.75% since its last report, with 53.19 million shares sold short, which is 1.31% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Cisco has less short interest, with an average of 6.52% for its peer group.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 1:45 pm

RIG

Transocean (RIG) has seen a significant option alert for January 19 $15 calls. A total of 2089 contracts were traded near the ask price at $0.201, compared to an open interest of 4571 contracts. The reference price for RIG was $8.525.

Portfolio Pulse from Charles Gross

July 18, 2023 | 1:45 pm

EWJ

HMC

NSANY

Sales of Japan's top six carmakers, including Toyota, Nissan, and Honda, have dropped nearly 20% in China in the first half of the year. This is their biggest drop in the world's largest car market since 2012, as the shift to electric vehicles (EVs) accelerates. Nissan was the worst affected with a 24.4% drop, followed by Honda with a 22% drop, while Toyota saw a 2.8% drop. The Japanese carmakers are lagging behind their Chinese rivals in developing EVs.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 1:43 pm

EVTL

Vertical Aerospace has teased an upcoming announcement via a tweet, which also included a video of the company's aircraft. The tweet has resulted in increased trading volume for the company's shares.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 1:40 pm

AAVEUSD

ALGOUSD

BTCUSD

ETHUSD

Bitcoin and Ethereum traded lower but remained above key levels of $30,000 and $1,900 respectively. Sui was the top gainer over the past 24 hours, while 1inch Network was the biggest loser. The global crypto market cap fell to $1.2 trillion, recording a 24-hour decline of 0.4%.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 1:38 pm

NMTR

9 Meters Biopharma Inc (NASDAQ:NMTR) filed for Chapter 11 bankruptcy protection, causing its shares to plummet. The company will cease operations and its assets will be liquidated. Concurrently, Interim CEO and CFO, Bethany Sensenig, resigned. The company's shares are down 69.50% at $0.19.

Portfolio Pulse from Vandana Singh

July 18, 2023 | 1:36 pm

RBLX

Traders are circulating a note from M Science suggesting that Roblox Corporation is raising its Q2 bookings outlook due to a stronger quarter-end than previously anticipated.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 1:35 pm

CYRX

UBS analyst John Sourbeer has downgraded CryoPort (NASDAQ:CYRX) from Buy to Neutral and lowered the price target from $28 to $17.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 1:34 pm

AAPL

AMZN

CMCSA

NFLX

PARA

WBD

NBCUniversal's streaming platform, Peacock, is set to increase its subscription prices for the first time since its debut in 2020. The price hike, effective from August 17, comes as the platform's subscriber figures continue to grow, reaching nearly 22 million in the first three months of 2023. The price increase will allow NBCUniversal to invest in strong programming and remain competitive. Other major streaming services like Paramount Global's Paramount+, Warner Bros Discovery's HBO Max, Disney+, Netflix, Apple TV+, and Amazon Prime Video have also raised prices.

Portfolio Pulse from Vandana Singh

July 18, 2023 | 1:31 pm

ABBV

AbbVie's (NYSE:ABBV) short percent of float has fallen 7.81% since its last report, with 10.36 million shares sold short, which is 0.59% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. AbbVie's short interest as a percentage of float is lower than its peer group average of 3.62%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 1:30 pm