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AAPL

Apple's short percent of float has risen 10.0% since its last report, with 121.25 million shares sold short, which is 0.77% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Apple has less short interest as a percentage of float, with an average of 6.41%.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:00 pm

LNG

Cheniere Energy's (NYSE:LNG) short percent of float has risen 24.78% since its last report, with 3.41 million shares sold short, which is 1.41% of all regular shares available for trading. It would take traders 2.2 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Cheniere Energy's peer group average for short interest as a percentage of float is 3.56%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:00 pm

RGLS

Over the past 3 months, 4 analysts have published their bullish opinion on Regulus Therapeutics (NASDAQ:RGLS) stock, with an average price target of $9.0, representing a 55.0% decrease from the previous average price target of $20.00. Analysts derive their information from company conference calls, financial statements, and conversations with insiders.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:00 pm

SPOT

Analysts have provided various ratings for Spotify Technology (NYSE:SPOT) within the last quarter, with a total of 8 bullish, 10 somewhat bullish, and 7 indifferent ratings. The average 12-month price target for Spotify Technology, according to 25 analysts, is $158.44, which has increased by 12.6% over the past month.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:00 pm

WBA

Walgreens Boots Alliance Inc (NASDAQ:WBA) reported weaker-than-expected earnings for its third quarter and lowered its FY23 adjusted EPS guidance to $4.00-$4.05 from the previous $4.45 - $4.65. This led to a 9.3% fall in Walgreens shares to close at $28.64 on Tuesday. Following the earnings announcement, Deutsche Bank, Credit Suisse, Barclays, and JP Morgan all lowered their price targets on Walgreens.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 12:57 pm

JOBY

Joby Aviation has received a permit allowing it to begin flight testing of its first production prototype, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 12:56 pm

KBR

KBR Inc has secured a subcontractor role in a $300 million contract awarded to McCallie Associates, Inc. by NASA. The contract involves providing mission and instrument systems engineering services at NASA's Goddard Space Flight Center and Wallops Flight Facility. KBR shares closed higher by 1.63% at $64.21 on Tuesday.

Portfolio Pulse from Akanksha Bakshi

June 28, 2023 | 12:56 pm

ALLR

Allarity Therapeutics, Inc. (NASDAQ:ALLR) has clarified that the effective date of its proposed reverse stock split will not be June 27, 2023, and will be announced in a future press release. The reverse stock split, approved by stockholders and the Board, is intended to increase the company's per share trading price and bring it into compliance with Nasdaq's listing requirement regarding minimum share price.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 12:55 pm

AMD

AMZN

BOTZ

MRVL

MSFT

NVDA

ON

SMH

TRFK

The US government is considering new restrictions on the export of AI chips to China, which could impact Nvidia and other chipmakers. The ban could prevent these companies from shipping their products to China without a license. This news has led to a decline in the shares of US chipmakers, including Nvidia, Advanced Micro Devices, Marvell Technology, and ON Semiconductor. The VanEck Semiconductor ETF, Global X Robotics & Artificial Intelligence ETF, and Pacer Data and Digital Revolution ETF are also expected to see volatility. The US is also considering limiting the leasing of cloud services to Chinese AI companies, which could impact Amazon and Microsoft.

Portfolio Pulse from Piero Cingari

June 28, 2023 | 12:55 pm

ALLR

Trading of Allarity Therapeutics, Inc. shares is set to resume at 9:00 a.m. ET.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 12:53 pm