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STE

Shares of STE, the ticker symbol for STERIS Plc, have resumed trading.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:21 am

UNH

UnitedHealth Group's (NYSE:UNH) short percent of float has risen 9.23% since its last report, with 6.58 million shares sold short, which is 0.71% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, UnitedHealth Group has less short interest as a percentage of float, with an average of 3.80%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:21 am

HUM

During a conference call, a Humana executive stated that Medicaid redeterminations are tracking slightly more favorably than initially expected.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:21 am

CCJ

Cameco Corporation (NYSE:CCJ) is expected to report quarterly earnings on Aug. 2. Options traders are showing bullish sentiment, with calls outpacing puts by around 5 to 1. The options market is implying a move of around +/-5.2% by the end of the week. Analysts expect the company to report quarterly earnings at 10 cents per share on revenue of $355.27 million.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 11:21 am

SUNW

Sunworks, Inc. (NASDAQ:SUNW) has released preliminary Q2 2023 results, with total revenue between $33.0 and $35.0 million, lower than the estimated $43.6 million. The company also reported a total adjusted EBITDA range between ($10.0) and ($11.5) million, and a total backlog of approximately $84 million. The company's CEO, Gaylon Morris, attributed the lower than expected results to softened demand conditions in several markets, including California, and the rise in interest rates.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:21 am

DT

Dynatrace, Inc (NYSE:DT) reported a 25% YoY increase in Q1 FY24 revenue to $332.9 million, beating the consensus of $326.9 million. The company's non-GAAP operating margin expanded by 500 basis points to 28% and non-GAAP EPS of $0.27 beat the consensus of $0.22. Dynatrace also raised its FY24 revenue outlook to $1.400 billion - $1.415 billion. Despite the positive results, DT shares traded lower by 9.77% at $45.80.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:20 am

SEDG

SolarEdge Technologies Inc (NASDAQ:SEDG) reported Q2 financial results, beating estimates on both revenue and EPS. However, the company issued weak Q3 guidance, leading to a drop in its share price and multiple analysts cutting their price targets. SolarEdge expects Q3 revenue to be between $880 million and $920 million, lower than estimates of $1.05 billion.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 11:20 am

BTCUSD

CRVUSD

ETHUSD

Bitcoin (BTC) traded higher, surpassing the $29,000 mark, while Ethereum (ETH) also increased but remained below $1,900. XDC Network (XDC) was the top gainer over the past 24 hours, while Curve DAO Token (CRV) was the biggest loser. The global crypto market cap rose to $1.18 trillion, a 24-hour gain of 1.5%.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 11:20 am

KAVL

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) has been granted an additional 180 days by NASDAQ to regain compliance with the $1.00 minimum bid price rule requirement. The extension means Kaival Brands now has until January 29, 2024 to regain compliance. If the company fails to meet the requirement by the deadline, its common stock may be subject to delisting.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:20 am

PERI

Perion Network Ltd (NASDAQ:PERI) reported Q2 FY23 revenue growth of 22% YoY to $178.5 million, beating the consensus of $176 million. Display Advertising revenues rose 22% YoY to $99.4 million, while Search Advertising revenue increased 21% YoY to $79.1 million. The company also raised its FY23 revenue outlook to $730 million - $750 million from the previous $725 million - $745 million. PERI shares opened flat at $35.51 on Wednesday morning.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:20 am