Streetbeat News

Stock Prices

XERS

Xeris Biopharma Holdings Inc (NASDAQ:XERS) shares are trading higher by around 9% after the company revised its FY23 outlook. The company raised the lower end of its revenue guidance and its cash, cash equivalents, and short-term investment outlook. It also announced the successful formulation of the XeriJect formulation of TEPEZZA, which could lead to further development milestones and royalties.

Portfolio Pulse from Lekha Gupta

October 16, 2023 | 1:25 pm

MANU

Manchester United shares are trading lower after a Qatari investor group led by Sheikh Jassim Bin Hamad J.J. Al Thani reportedly withdrew its bid to acquire the club.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:21 pm

MAR

Marriott Intl's (NYSE:MAR) short percent of float has fallen 9.21% since its last report, indicating a decrease in bearish sentiment. The company has 6.46 million shares sold short, which is 2.86% of all regular shares available for trading. Compared to its peers, Marriott has less short interest as a percentage of float, with the average being 6.61%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 1:15 pm

CME

CME Group's (NYSE:CME) short percent of float has decreased by 6.6% since its last report, with 3.54 million shares sold short, representing 0.99% of all regular shares available for trading. It would take traders approximately 2.96 days to cover their short positions based on current trading volume. The company's short interest is lower than the average of its peer group, which stands at 3.64%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 1:15 pm

IBM

IBM's short percent of float has risen 4.62% since its last report, with 28.89 million shares sold short, which is 3.17% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. IBM's peer group average for short interest as a percentage of float is 2.22%, which means the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 1:15 pm

VVPR

VivoPower International has decided not to provide further notices to sell ordinary shares to White Lion Capital, according to their purchase agreement. As of October 16, 2023, White Lion had purchased 50,000 ordinary shares.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:12 pm

AAPL

AMZN

INTC

META

NFLX

NVDA

PYPL

RIVN

TSLA

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:11 pm

SCHW

Charles Schwab Corp reported a Q3 net revenue decline of 16% Y/Y to $4.61 billion, missing the consensus of $4.63 billion. Revenues were impacted by higher-cost funding, a decline in interest-earning assets, and weaker trading volumes. Net interest revenue declined 24% Y/Y to $2.24 billion. Trading revenue declined 17% Y/Y to $768 million, and Bank deposit account fees decreased 50% Y/Y to $205 million in Q3. Asset management and administration fees increased 17% Y/Y to $1.22 billion. Adjusted net income fell 31% Y/Y to $1.52 billion in Q3. Adjusted EPS stood at $0.77, down 30% Y/Y, exceeding the consensus of $0.75.

Portfolio Pulse from Lekha Gupta

October 16, 2023 | 1:10 pm

INTZ

MNTR

PRKA

RAIN

Insiders have recently bought shares in four penny stocks: Parks! America, Inc. (OTC:PRKA), Rain Oncology Inc. (NASDAQ:RAIN), Intrusion Inc. (NASDAQ:INTZ), and Mentor Capital, Inc. (OTC:MNTR). Parks! America's revenues fell in the recent quarter, Rain Oncology posted a wider-than-expected quarterly loss, Intrusion was awarded a $5 million multi-year shield agreement, and Mentor Capital's stock gained around 38% year-to-date.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 1:07 pm

IBM

JNPR

XRX

The article discusses three high-yielding dividend stocks in the tech sector, as recommended by Wall Street's most accurate analysts. The stocks are Xerox Holdings Corporation (XRX), International Business Machines Corporation (IBM), and Juniper Networks, Inc. (JNPR). The article provides recent analyst ratings and price targets for these stocks, along with recent news about each company.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 1:07 pm