Streetbeat News

Stock Prices

CCCS

Analysts have provided somewhat bullish ratings for CCC Intelligent Solutions (NASDAQ:CCCS) in the last quarter. According to 4 analysts offering 12-month price targets in the last 3 months, CCC Intelligent Solutions has an average price target of $13.25, an increase of 32.5% from the previous average price target of $10.00.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:00 pm

SPY

The Michigan Consumer Sentiment for July is reported at 71.6, which is lower than the estimated 72.6 and higher than the previous 64.4.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 2:00 pm

TLRY

TUP

ULBI

URGN

VICR

Benzinga's Stock Whisper Index has identified five stocks that are currently under the radar but warrant attention. These include Tupperware Brands Corporation (TUP), which has seen a significant increase in share price due to high short interest and strong investor trading volume; UroGen Pharma (URGN), which reported positive topline data from two Phase 3 trials; Vicor Corp (VICR), which reported Q2 financial results that beat estimates and received an analyst upgrade; Tilray Brands (TLRY), which announced a renewed agreement with Great North Distributors; and Ultralife Corporation (ULBI), which reported Q2 financial results that beat estimates and a record backlog.

Portfolio Pulse from Chris Katje

July 28, 2023 | 1:57 pm

IBCP

NVCT

RILY

TCBI

Insiders at four companies, Nuvectis Pharma, B. Riley Financial, Independent Bank Corporation, and Texas Capital Bancshares, have made notable purchases of their companies' stocks. This could indicate confidence in the companies' prospects or that the insiders view the stocks as a bargain. However, insider purchases should not be the sole indicator for making an investment or trading decision.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 1:56 pm

JNPR

Juniper Networks Inc reported Q2 2023 revenue growth of 13% Y/Y to $1.43 billion, beating the consensus of $1.42 billion. Adjusted EPS increased to $0.58 from $0.42 a year ago and beat the consensus of $0.55. However, the company expects to see continued weakness in bookings, mainly in the cloud business, due to customer digestion of previously placed orders and some projects pushed to future dates. This has led to a drop in JNPR shares by 6.26%.

Portfolio Pulse from Lekha Gupta

July 28, 2023 | 1:51 pm

INTC

NVDA

SMH

SOXX

TSM

Nvidia Corp (NVDA) and semiconductor ETFs with significant exposure to Nvidia, like VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX), are trading higher following Intel Corp's (INTC) upbeat Q2 results. Intel's AI chip sales pipeline is reported to be $1 billion. Nvidia supplier Taiwan Semiconductor Manufacturing Company Ltd (TSM) has inaugurated a massive R&D facility in Taiwan and committed $40 billion to build a chip factory in Arizona. Nvidia, along with Intel, has sizable exposure to China.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 1:50 pm

VEEV

Veeva Sys's (NYSE:VEEV) short percent of float has risen 16.67% since its last report, with 3.75 million shares sold short, which is 2.59% of all regular shares available for trading. It would take traders 5.09 days to cover their short positions on average. The company's short interest is less than its peer group average of 7.19%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 1:45 pm

FTV

Fortive's (NYSE:FTV) short percent of float has decreased by 5.46% since its last report, with 5.38 million shares sold short, representing 1.73% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Fortive. Compared to its peers, Fortive has less short interest as a percentage of float, with an average of 3.53%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 1:45 pm

WMT

Walmart's (NYSE:WMT) short percent of float has fallen 6.93% since its last report, with 13.42 million shares sold short, which is 0.94% of all regular shares available for trading. It would take traders 2.93 days to cover their short positions on average. The decrease in short interest can signal that investors have become more bullish. Walmart's peer group average for short interest as a percentage of float is 3.49%, indicating less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 1:45 pm

BJDX

Shares of Bluejay Diagnostics (BJDX) have resumed trading and are up by 69%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 1:42 pm