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NTES

NetEase's (NYSE:NTES) short percent of float has fallen 24.36% since its last report, indicating a more bullish sentiment towards the stock. The company has 3.78 million shares sold short, which is 0.59% of all regular shares available for trading. Compared to its peers, NetEase has less short interest as a percentage of float, which is 3.80% on average.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:01 pm

COP

Over the past quarter, 15 analysts have provided ratings for ConocoPhillips (NYSE:COP), with 5 being bullish, 8 somewhat bullish, and 2 indifferent. The average 12-month price target for the company is $137.2, a decrease of 1.04% from the previous average of $138.64.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:01 pm

EA

Electronic Arts's (NYSE:EA) short percent of float has fallen 10.97% since its last report, with 5.72 million shares sold short, which is 2.11% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards EA. Compared to its peers, EA has less short interest as a percentage of float, with an average of 3.68%.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 1:01 pm

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