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GDC

GD Culture Group Limited (NASDAQ:GDC) stock surged after announcing its AI-driven digital human technology on TikTok. The technology aims to create lifelike digital humans for live-streaming e-commerce and virtual anchors on TikTok. The company has already launched 30 virtual anchors. GDC's stock experienced high trading volume and was halted twice, trading at $3.76, up 13.9%.

Portfolio Pulse from Ryan Gustafson

November 20, 2023 | 7:53 pm

NVDA

NVIDIA shares are experiencing heightened trading activity due to the overall volatility in AI stocks and in anticipation of the company's upcoming Q3 financial results, which are set to be released after the market closes tomorrow.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 7:51 pm

PCAR

PACCAR Inc. (NYSE:PCAR) has seen a 21.99% decrease in short interest since its last report, with 5.03 million shares sold short, representing 1.1% of available shares. The average time to cover these short positions is 1.92 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. PACCAR's short interest is below its peer group average of 4.32%. While a decline in short interest does not guarantee a stock price increase, it suggests fewer traders are betting against the stock.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:45 pm

SONY

Sony Group's (NYSE:SONY) short interest has decreased by 9.09% since the last report, with 1.17 million shares sold short, representing 0.1% of available shares. The average time to cover these short positions is 1.99 days. Short interest is a market sentiment indicator, and Sony's short interest is lower than its peer group average of 4.48%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:45 pm

SCHW

Charles Schwab (NYSE:SCHW) has seen a decrease in short interest, with the short percent of float dropping 8.21% since the last report. The company has 20.44 million shares sold short, representing 1.23% of available shares. The average time to cover these short positions is 1.74 days. Short interest is a market sentiment indicator, and a decrease suggests investors may be more bullish on SCHW. Compared to its peers, SCHW has a lower short interest percentage of float, with the peer group average at 3.65%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:45 pm

ACRDF

AYRWF

CNTMF

CURLF

GTBIF

The Viridian Chart of the Week analyzes the balance between valuation and credit risk in cannabis stocks post Q3 earnings. It uses EV/2024 Consensus EBITDA estimates and a proprietary Credit Risk Score to assess attractiveness. Green Thumb (GTBIF) ranks most attractive, while Cansortium (CNTMF) and AYR (AYRWF) offer a balance of low valuation and credit risk. Curaleaf (CURLF) and Acreage (ACRDF) appear less attractive due to high valuation multiples and poor credit scores, respectively. The Viridian Cannabis Deal Tracker monitors industry capital raises and M&A activity.

Portfolio Pulse from Viridian Capital Advisors

November 20, 2023 | 7:33 pm

KBH

Wedbush analyst Jay McCanless downgraded KB Home (NYSE:KBH) to Neutral from Outperform, maintaining a price target of $55. The downgrade reflects increased competition and a higher percentage of builders cutting home prices, as reported by the NAHB. Despite maintaining FY23 and FY24 volume estimates for KBH, McCanless sees more downside risk and has lowered EPS estimates for both years, citing competitive discounting and mortgage rate buydowns. KBH's Q3 FY23 sales outperformed consensus, but shares are down 1.15%.

Portfolio Pulse from Lekha Gupta

November 20, 2023 | 7:33 pm

COST

Costco Wholesale (NYSE:COST) has seen a decrease in short interest, with the short percent of float dropping 5.66% since the last report. The current short interest stands at 4.41 million shares, or 1.0% of available shares for trading. The average time to cover these short positions is 2.64 days. A decrease in short interest can indicate a more bullish sentiment from investors. Costco's short interest is below its peer group average of 4.17%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:30 pm

MCHP

Over the past 10 years, Microchip Technology (NASDAQ:MCHP) has produced an average annual return of 14.55%, outperforming the market by 4.91% on an annualized basis. A $1000 investment in MCHP a decade ago would be worth $3,860.40 today. Microchip Technology currently has a market cap of $44.96 billion.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:30 pm

NOW

ServiceNow (NYSE:NOW) has delivered an impressive average annual return of 28.42% over the past 10 years, outperforming the market by 18.77% on an annualized basis. A $100 investment in NOW a decade ago would be worth $1,264.93 today. ServiceNow's market capitalization currently stands at $134.05 billion.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:30 pm