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ATVI

Activision Blizzard's (NYSE:ATVI) short percent of float has fallen 15.92% since its last report, with 18.94 million shares sold short, which is 2.43% of all regular shares available for trading. This decrease in short interest could indicate a more bullish sentiment towards the stock. Compared to its peers, Activision Blizzard has less short interest.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:01 pm

FLT

Fleetcor Technologies (NYSE:FLT) has received various analyst ratings in the last quarter, with 2 bullish, 2 somewhat bullish, and 4 indifferent. The average price target is $250.0, which is slightly below the current price of $250.06. This average has increased by 10.54% from the previous average price target of $226.17.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:00 pm

BIIB

Over the past 3 months, 29 analysts have published their opinion on Biogen (NASDAQ:BIIB) stock. The company has an average price target of $324.41, up by 3.15% from the previous average price target of $314.50. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:00 pm

SPSC

In the last quarter, 6 analysts have provided ratings for SPS Commerce (NASDAQ:SPSC), with 4 being bullish, 1 somewhat bullish, and 1 indifferent. The company has an average 12-month price target of $175.67, an increase of 11.89% from the previous average of $157.00.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:00 pm

BICX

CDZI

RZLT

Insiders at BioCorRx Inc. (OTC:BICX), Rezolute, Inc. (NASDAQ:RZLT), and Cadiz Inc. (NASDAQ:CDZI) have recently made significant share purchases. BioCorRx Director Joseph J Galligan acquired 184,780 shares, Rezolute's Chief Medical Officer Brian Kenneth Roberts bought 5,000 shares, and Cadiz's 10% owner Heerema International Group Services SA purchased 200,000 shares. These transactions indicate the insiders' confidence in their respective companies' prospects.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 12:59 pm

AVGO

CSCO

Broadcom Inc (NASDAQ:AVGO) is considering a $1 billion investment in a European Union-funded program to develop a semiconductor industry in Spain. The Spanish government plans to allocate up to €12 billion ($13 billion) from the EU's pandemic relief funds for the project. Prior to this, Cisco Systems Inc (NASDAQ:CSCO) had plans to launch a new chip design center in Barcelona. AVGO shares traded higher by 0.24% at $850.00 in the premarket on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

July 07, 2023 | 12:57 pm

SPY

UUP

The June jobs report showed a rise in nonfarm payrolls by 209,000, missing economists' expectations of 225,000. The unemployment rate dropped from 3.7% to 3.6%, while average hourly wages increased by 0.4%. The report led to a decrease in the likelihood of a second rate increase in September from 27% to 22%. The SPDR S&P 500 ETF Trust (SPY) was flat for the day, while the Invesco DB USD Index Bullish Fund ETF (UUP) fell by 0.3%.

Portfolio Pulse from Piero Cingari

July 07, 2023 | 12:55 pm

ENR

KHC

TSN

The most accurate Wall Street analysts recommend holding three high-yielding stocks in the consumer staples sector: Energizer Holdings, Inc. (ENR), Tyson Foods, Inc. (TSN), and The Kraft Heinz Company (KHC). These stocks have dividend yields of 3.61%, 3.70%, and 4.46% respectively. Recent news includes Energizer's plan to invest $43 million in manufacturing in North Carolina, Tyson Foods reintroducing certain antibiotics into its chicken supply chain, and Kraft Heinz's long-term growth outlook of 2%-3% organic net sales growth.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 12:52 pm

AAPL

MSFT

UBS

ChatGPT's website traffic and app downloads have seen a decline in June, with a 9.7% decrease in worldwide traffic and a steady fall in iPhone app downloads since its peak in June. The decline is attributed to concerns over false information, potential data leaks, high operational costs, end of the school year, and regulatory concerns. The bot, backed by Microsoft and tracked by UBS, has been popular for its complex conversational abilities.

Portfolio Pulse from Anusuya Lahiri

July 07, 2023 | 12:49 pm

WBD

Warner Bros. Discovery's stock has been downgraded from Outperform to Peer Perform by Wolfe Research, leading to a decrease in the stock's trading value.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 12:47 pm