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CMG

Chipotle Mexican Grill's (NYSE:CMG) short percent of float has fallen 17.55% since its last report, with 721 thousand shares sold short, which is 2.63% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Chipotle has less short interest, with the peer group average at 8.86%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 1:30 pm

HPQ

HP's (NYSE:HPQ) short percent of float has decreased by 5.19% since its last report, with 18.92 million shares sold short, representing 2.19% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards HP. Compared to its peers, HP has less short interest, with the average for its peer group being 6.50%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 1:30 pm

BABA

HES

PXD

On CNBC's 'Halftime Report Final Trades', Joseph Terranova of Virtus Investment Partners picked Hess Corporation (HES) amid rising energy prices. Raymond James analyst John Freeman maintained Hess with an Outperform and lowered the price target from $172 to $166. Jenny Harrington of Gilman Hill Asset Management recommended Pioneer Natural Resources Company (PXD), which is trading about 10 times its earnings and offers a high single-digit yield. Stephen Weiss of Short Hills Capital Partners named Alibaba Group Holding Limited (BABA) as his final trade. Alibaba shares traded higher after China pledged to optimize the business environment for private enterprises.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 1:25 pm

NIO

NIO Inc. shares traded higher after China announced measures to optimize its business environment. The company saw more than double its average daily options volume, with calls outpacing puts by more than three to one. Traders expect NIO's stock to move higher through the end of the week. NIO shares jumped 10.9% to close at $11.73 on Monday, and added 3.9% in Tuesday's premarket trading session.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 1:19 pm

DHR

Danaher Corp's Q2 FY23 adjusted EPS was $2.05, down from $2.76 a year ago, but beating the consensus of $2.01. Sales decreased 7.5% Y/Y to $7.16 billion, surpassing the consensus of $7.11 billion. The company anticipates non-GAAP base business core revenue will be down low-single digits year-over-year for Q3 and up low-single digits year-over-year for FY23. DHR shares are down 4.64% at $246.01 during the premarket session.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 1:19 pm

PHM

PulteGroup, Inc reported positive second-quarter results, leading to an increase in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 1:16 pm

GM

WKSP

General Motors (GM) and Worksport Ltd (WKSP) have reported positive developments. GM's Q2 results exceeded Wall Street estimates, with revenue and earnings soaring. The automaker also raised its profit guidance for the second time. Worksport received a substantial purchase order for its advanced hard-folding tonneau covers, following a recent order of $720,000 for its soft-folding tonneau covers. Worksport also plans to unveil its SOLIS solar-powered folding tonneau cover by the end of the year.

Portfolio Pulse from Upwallstreet

July 25, 2023 | 1:12 pm

NUE

Nucor Corp (NYSE:NUE) reported a 19% YoY decline in Q2 FY23 net sales to $9.52 billion, missing consensus estimates. The company's EPS fell to $5.81 from $9.67 a year ago, but beat the consensus of $5.53. Nucor repurchased approximately 3.1 million shares at an average price of $147.03 per share in Q2. The company expects Q3 earnings to decrease Q/Q due to decreased profitability, particularly in the steel mills segment.

Portfolio Pulse from Lekha Gupta

July 25, 2023 | 1:12 pm

INPX

Trading of Inpixon (INPX) shares is set to resume at 9:50 a.m. ET.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 1:10 pm

UL

Unilever Plc (NYSE:UL) reported a 9.1% increase in underlying sales for the first half of FY23, with a 9.4% price increase and a 0.2% volume decline. The company's turnover increased by 2.7% to €30.4 billion. Unilever's underlying operating profit was €5.2 billion, a 3.3% increase from the previous year. The company expects its full-year underlying sales growth to be above 5%, ahead of its multi-year range. UL shares are trading higher by 4.82% at $53.97 in premarket trading.

Portfolio Pulse from Shivani Kumaresan

July 25, 2023 | 1:09 pm