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Parker Hannifin's (NYSE:PH) short percent of float has risen 16.33% since its last report, with 1.45 million shares sold short, which is 1.14% of all regular shares available for trading. It would take traders 2.05 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.55%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 2:15 pm

GIS

General Mills's (NYSE:GIS) short percent of float has risen 13.42% since its last report, with 15.30 million shares sold short, which is 2.62% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, General Mills has less short interest as a percentage of float, which is 4.41% on average.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 2:15 pm

CMCSA

Comcast Corp reported a Q2 FY23 revenue growth of 1.7% YoY to $30.51 billion, beating the consensus of $30.15 billion. Adjusted EPS of $1.13 also beat the consensus of $0.97. Revenue for Connectivity & Platforms grew by 0.1% YoY to $20.36 billion, while Broadband revenue grew 4.4% YoY to $6.11 billion. Peacock's paid subscribers in the U.S. nearly doubled YoY to 24 million, with its revenue growing by 85% to $820 million. The company's stock traded higher by 7.64% at $46.19.

Portfolio Pulse from Anusuya Lahiri

July 27, 2023 | 2:15 pm

SIRI

An option alert has been issued for Sirius XM Holdings, with a sweep of 2,273 calls at $0.18 for August 18 at a $7 strike price. The reference price is $4.855. The open interest is 44,499.

Portfolio Pulse from Charles Gross

July 27, 2023 | 2:09 pm

AAPL

AMZN

DJIA

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The Global X Dow 30 Covered Call ETF (DJIA) has shown a winning streak for 13 consecutive days, similar to pre-crash streaks of the past. The DJIA is leading other indexes during this streak, despite not containing all of the 'magnificent seven' stocks that have led the rally, including Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla. Strong economic data has been released, including Q2 GDP-Adv at 2.4% vs. 1.6% consensus, and initial jobless claims at 221K vs. 233K consensus. The European Central Bank has increased interest rates by 25 basis points.

Portfolio Pulse from The Arora Report

July 27, 2023 | 2:09 pm

MBLY

Mobileye Global Inc reported a Q2 FY23 revenue decline of 1% YoY to $454 million, beating the consensus of $451.7 million. The company's CEO expressed optimism about their partnership with Volkswagen Group. Despite this, MBLY shares traded lower by 4.28% at $38.71.

Portfolio Pulse from Anusuya Lahiri

July 27, 2023 | 2:07 pm

LUV

Southwest Airlines Co (NYSE:LUV) reported Q2 FY23 operating revenue growth of 4.6% YoY to $7.04 billion, beating consensus estimates. However, adjusted EPS was $1.09, missing the consensus of $1.10. The company's Q2 RASM decreased 8.3% YoY, and fuel costs were down 22.6% YoY. The company had a net cash position of $4.2 billion and adjusted debt to invested capital of 46% as of June 30, 2023. The company's shares are trading lower by 8.4% at $33.24.

Portfolio Pulse from Akanksha Bakshi

July 27, 2023 | 2:06 pm

FHB

First Hawaiian (NASDAQ:FHB) is set to release its quarterly earnings report on July 28, 2023. Analysts estimate an EPS of $0.50. The company's past performance shows a mixed trend of beating and missing EPS estimates, with corresponding changes in share price. The stock is currently trading at $22.4, down 12.53% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 2:04 pm

AMAT

A significant bearish stance has been taken on Applied Mat (NASDAQ:AMAT) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 42% bullish and 57% bearish. Whales have been targeting a price range from $100.0 to $170.0 for Applied Mat over the last 3 months. The price of AMAT is up 5.91% at $147.23. B of A Securities, Mizuho, and Citigroup have maintained their Buy rating on Applied Mat.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 2:03 pm

BEN

Franklin Resources (NYSE:BEN) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.60. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $29.0 as of July 26, with a 52-week increase of 4.92%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 2:03 pm