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IVV

NVDA

SPY

Nvidia's stock is trading higher as a Chinese think tank recommends continued use of Nvidia's high-performance chips in data centers, citing high costs of switching to domestic alternatives. Nvidia's GPUs remain preferred for substantial computing power, and strong demand is expected to boost revenues.

Portfolio Pulse from Anusuya Lahiri

October 14, 2024 | 4:46 pm

ABBV

AbbVie's short interest has decreased by 16.83%, with 14.86 million shares sold short, representing 0.84% of its float. This is lower than its peers' average of 5.69%. The decrease in short interest may indicate a more bullish sentiment towards AbbVie.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 4:45 pm

SCHW

Charles Schwab's short interest has increased by 10.31%, with 17.87 million shares sold short, representing 1.07% of its float. This is lower than the peer group average of 3.43%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 4:45 pm

CART

Maplebear (NYSE:CART) has seen a 13.37% increase in short interest, with 32.56% of its float sold short. This is significantly higher than its peers' average of 5.06%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 4:45 pm

IGV

ORCL

TRFK

Oracle Corporation has launched Oracle Health Clinical Data Exchange, a cloud-based solution to streamline medical claims processing. Built on Oracle Cloud Infrastructure, it aims to reduce administrative costs and speed up service approvals. The solution enhances data security and compliance, allowing providers to control data sharing. Investors can gain exposure to Oracle through iShares Expanded Tech-Software Sector ETF and Pacer Funds Pacer Data and Digital Revolution ETF.

Portfolio Pulse from Lekha Gupta

October 14, 2024 | 4:44 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) stock is trading higher after announcing the release of its Truth+ streaming service on the web. The service offers a variety of content and is accessible via Android, with plans for iOS and other platforms.

Portfolio Pulse from Dylan Berman

October 14, 2024 | 4:36 pm

HIMS

LLY

NVO

Hims & Hers Health Inc (NYSE:HIMS) shares rose after the FDA decided to reconsider its decision on drug compounders selling versions of weight loss drugs. This decision affects Eli Lilly's (NYSE:LLY) and Novo Nordisk's (NYSE:NVO) drugs, which are in short supply.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 4:35 pm

HIMS

Hims & Hers Health shares rose after the FDA announced it would reconsider a decision preventing drug compounders from selling their own versions of weight loss drugs.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 4:32 pm

XPEV

XPeng Inc. (NYSE:XPEV) is experiencing a bullish momentum with a Golden Cross formation and the launch of its P7+ all-electric sedan. Despite past declines, the stock has surpassed key moving averages, indicating potential upside. The P7+ launch is strategically timed amid China's stimulus package and international trade challenges.

Portfolio Pulse from Surbhi Jain

October 14, 2024 | 4:31 pm

AIHS

BCG

FANH

RILY

RILYG

RILYL

RILYM

RILYP

RILYZ

TIGR

WDH

WHG

B. Riley Financial stocks saw significant gains in Monday's session, with various notes and shares rising between 22.97% and 50.6%. In contrast, several financial stocks, including UP Fintech Holding and Senmiao Tech, experienced notable declines.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 4:31 pm