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KRTX

Analysts have provided bullish ratings for Karuna Therapeutics (NASDAQ:KRTX) in the last quarter, with an average price target of $281.25, indicating an upside from the current price of $185.38. The average price target has increased by 5.5% from the previous average of $266.60.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:00 pm

AMSC

Korean researchers claim to have discovered a room-temperature superconductor, LK-99, sparking debate among scientists. Betting site Polymarket has seen over $1 million wagered on the legitimacy of the technology. Shares of American Superconductor Corporation (NYSE:AMSC) have risen about 66% over the last month on this news.

Portfolio Pulse from Aaron Bry

August 04, 2023 | 8:56 pm

DDOG

Datadog's (NYSE:DDOG) short percent of float has fallen 8.96% since its last report, with 10.50 million shares sold short, which is 3.86% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Datadog. However, compared to its peers, Datadog has a higher short interest as a percentage of float (3.04%).

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 8:45 pm

TTD

Trade Desk's (NYSE:TTD) short percent of float has fallen 4.29% since its last report, with 13.19 million shares sold short, which is 3.35% of all regular shares available for trading. It would take traders 1.82 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 4.64%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 8:45 pm

PM

Philip Morris Intl's (NYSE:PM) short percent of float has risen 15.0% since its last report, with 7.16 million shares sold short, which is 0.46% 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, Philip Morris has less short interest as a percentage of float, which is 3.04% on average.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 8:45 pm

SPOT

A whale investor has taken a bullish stance on Spotify Technology (NYSE:SPOT), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $60.0 to $195.0 for Spotify over the last 3 months. The price of SPOT is currently down -0.91% at $144.1. Morgan Stanley and Wells Fargo have downgraded their action to Overweight with a price target of $185 and $250 respectively, while Rosenblatt and Benchmark maintain their Neutral and Buy ratings with a price target of $150 and $205 respectively.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 8:31 pm

ACGN

Aceragen, Inc. (NASDAQ:ACGN) has announced its intention to voluntarily delist from the Nasdaq Capital Market by filing a Form 25 with the SEC around August 15, 2023. This follows a special meeting on August 14, 2023, where the company will seek stockholder approval to transfer and assign most of its assets to an assignee for the benefit of creditors.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 8:31 pm

AAPL

AMZN

HOOD

PYPL

QCOM

SBUX

The S&P 500 dropped after Fitch Ratings downgraded the US government's credit rating from AAA to AA+. Treasury yields reached a nine-month high, causing investors to sell equity assets in favor of bonds. Apple's shares fell due to a drop in iPhone sales, while Amazon's shares climbed to a 12-month high after reporting strong Q2 profits. Robinhood, Qualcomm, and PayPal also saw a decrease in share prices, while Starbucks' shares rose due to increased sales in China. Next week, earnings reports from Lucid Group, Eli Lilly and Company, AMC Entertainment, Fox Corp, United Parcel Service, The Walt Disney Company, Sony Group, Alibaba Group, and Novo Nordisk will be closely watched.

Portfolio Pulse from Natan Ponieman

August 04, 2023 | 8:28 pm

COMPUSD

ETHUSD

MKRUSD

UNIUSD

A significant portion of trading activity has shifted from Ethereum (ETH) to Arbitrum (ARB), a Layer 2 scaling solution, according to a report by Glassnode Insights. This trend is evident in the distribution of Uniswap (UNI) trade volume. In March, Arbitrum attracted up to 32% of the total trade volume. The report also highlights the performance of DeFi tokens, particularly Maker (MKR) and Compound (COMP), which have shown significant out-performance in recent weeks.

Portfolio Pulse from Murtuza Merchant

August 04, 2023 | 8:25 pm

PAC

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) reported an 11.5% increase in passenger traffic in July 2023 compared to the same period in 2022. The company's 12 Mexican airports saw a 11.1% increase in terminal passengers, with significant increases in Guadalajara, Los Cabos, Tijuana, Puerto Vallarta, and Montego Bay.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 8:21 pm