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GME

GameStop Corp (NYSE:GME) is in a unique position with a cash reserve of $1.31 billion and no debt. The company can leverage this capital to explore various avenues such as investing in Web3 technologies, acquiring other companies, venturing into new markets, and earning interest on conservative investments. GameStop can also engage in a share buyback program, potentially repurchasing 60 million shares of its common stock at $22 per share.

Portfolio Pulse from Kevin Malone

July 07, 2023 | 3:18 pm

INTC

Intel has resumed shipments of its fourth-gen Xeon Sapphire Rapids processors after a bug was discovered and mitigated. The bug affected a subset of the processors and led to a temporary halt in shipments. Intel has developed a firmware fix and is now distributing it to its partners. The company has not disclosed the specifics of the bug but confirmed that the mitigation will not impact performance.

Portfolio Pulse from Happy Mohamed

July 07, 2023 | 3:17 pm

EQNR

Equinor's (NYSE:EQNR) short percent of float has fallen 18.52% since its last report, with 6.89 million shares sold short, which is 0.22% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Equinor has less short interest.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:16 pm

EPD

Enterprise Prods Partners's (NYSE:EPD) short percent of float has risen 16.0% since its last report, with 12.78 million shares sold short, which is 0.87% 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, the company has less short interest as a percentage of float, which is 3.58% on average.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:16 pm

EOG

EOG Resources's short percent of float has fallen 7.19% since its last report, with 7.51 million shares sold short, which is 1.29% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards EOG. Compared to its peers, EOG has less short interest as a percentage of float, with an average of 6.11%.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:16 pm

TSLA

Bernstein's analyst Toni Sacconaghi has maintained an Underperform rating and a price target of $150 for Tesla Inc (NASDAQ:TSLA), stating that the company is overestimating the growth of its energy storage system (ESS) market. Sacconaghi believes that the ESS market could grow to about 700GWh annual deployment by 2030, which is less than a third of what Tesla is forecasting. He also assumes Tesla will have a 15% share in the global ESS market, contrary to Tesla's assumption of 43%.

Portfolio Pulse from Priya Nigam

July 07, 2023 | 3:07 pm

TGTX

TG Therapeutics, Inc. (NASDAQ:TGTX) shares are moving higher after the company reported first quarter product revenue from its drug Briumvi at $7.8 million and projected continued revenue growth. The stock is also receiving attention from retail investors and has a considerable short interest of 18.59%.

Portfolio Pulse from Erica Kollmann

July 07, 2023 | 3:06 pm

ELV

Elevance Health's (NYSE:ELV) short percent of float has fallen 4.94% since its last report, with 1.82 million shares sold short, which is 0.77% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Elevance Health has less short interest.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:02 pm

EMR

Emerson Electric's (NYSE:EMR) short percent of float has risen 13.59% since its last report, with 6.64 million shares sold short, which is 1.17% 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, Emerson Electric has less short interest as a percentage of float, with an average of 10.16%.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:01 pm

ELV

Elevance Health (NYSE:ELV) has received 7 bullish and somewhat bullish ratings from analysts in the last quarter. The company's average 12-month price target is $555.43, a decrease of 1.72% from the previous average of $565.17.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:01 pm