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RPM

RPM International's shares are trading higher following the company's strong Q4 results.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 3:51 pm

BJDX

Bluejay Diagnostics' stock (BJDX) was halted on a circuit breaker to the upside, with the stock now up by 16%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:46 pm

XPEV

XPeng, Inc. (NASDAQ:XPEV) has entered into a strategic partnership with the Volkswagen Group. Volkswagen will purchase 4.99% of XPENG's outstanding shares at $15 per share, totaling approximately $700 million. The companies will jointly develop two B-class battery electric vehicles for sale in China under the Volkswagen brand, leveraging XPeng's G9 platform and Connectivity and ADAS software. Production is expected to commence in 2026.

Portfolio Pulse from Erica Kollmann

July 26, 2023 | 3:45 pm

STZ

Constellation Brands's (NYSE:STZ) short percent of float has risen 6.47% since its last report, with 2.61 million shares sold short, which is 1.48% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Constellation Brands has less short interest as a percentage of float (4.20%).

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:45 pm

IQV

IQVIA Hldgs's (NYSE:IQV) short percent of float has fallen 3.45% since its last report, with 2.27 million shares sold short, which is 1.4% of all regular shares available for trading. It would take traders 2.29 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 4.92%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:45 pm

PCAR

PACCAR's (NYSE:PCAR) short percent of float has fallen 7.88% since its last report, with 8.51 million shares sold short, which is 1.87% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards PACCAR. Compared to its peers, PACCAR has less short interest as a percentage of float, with an average of 5.41%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:45 pm

BXMT

Blackstone Mortgage Trust, Inc. (BXMT) reported Q2 net income from loans and other investments of $177.34 million, up 20.6% YoY and above the consensus of $170.2 million. The company's distributable earnings per share of $0.79 in Q2 beat the estimates of $0.66. The company exited the quarter with cash and equivalents worth $482.86 million. BXMT shares are trading higher by 4.55% to $23.44.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2023 | 3:40 pm

SPKY

UVXY

ConvexityShares Daily 1.5x SPIKES Futures ETF (SPKY) is trading flat ahead of the Federal Reserve's decision on interest rates. The fund, which tracks the SPIKES Futures Short-Term Index, is similar to ProShares Ultra VIX Short Term Futures ETF (UVXY). The Federal Reserve is expected to announce a 0.25% rate hike, which could increase market volatility and potentially send SPKY higher. SPKY is currently in oversold territory and may be set for a short-term bounce.

Portfolio Pulse from Melanie Schaffer

July 26, 2023 | 3:34 pm

WW

Shares of WW International Inc (NASDAQ:WW) have surged over 200% year to date, following the company's acquisition of GLP-1 telehealth brand Sequence. Morgan Stanley analyst Lauren Schenk upgraded the rating for WW International from Equal-Weight to Overweight and raised the price target from $5 to $13. The acquisition has led to a significant increase in Sequence's market share and unique visitors, implying quick subscriber growth.

Portfolio Pulse from Priya Nigam

July 26, 2023 | 3:33 pm

FWRG

Zacks SurpriseTrader has reportedly purchased stocks of First Watch Restaurant Group (FWRG).

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:32 pm