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HCP

Piper Sandler analyst James E. Fish has reiterated a Neutral rating on HashiCorp, Inc. (NASDAQ:HCP) with a price target of $30. The analyst praised the company's go-to-market simplification and potential for new bundles. Fish is also optimistic about the release of features and add-ons that could drive differentiation against open-source offerings. Despite the positive outlook, Fish remains Neutral as the strategic moves will take time to reflect in the fundamentals.

Portfolio Pulse from Nabaparna Bhattacharya

October 12, 2023 | 7:47 pm

JNJ

Johnson & Johnson's (NYSE:JNJ) short percent of float has fallen 32.85% since its last report, with 22.26 million shares sold short, which is 0.92% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Johnson & Johnson has less short interest as a percentage of float, with an average of 4.01%.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 7:45 pm

CTVA

Corteva's (NYSE:CTVA) short percent of float has risen 28.09% since its last report, with 7.14 million shares sold short, which is 1.14% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Corteva's peer group average for short interest as a percentage of float is 3.50%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 7:45 pm

Cigna Group's (NYSE:CI) short percent of float has risen 19.57% since its last report, with 3.24 million shares sold short, which is 1.1% of all regular shares available for trading. It would take traders 2.87 days to cover their short positions on average. The company's short interest is less than most of its peers, with an average of 7.87%.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 7:45 pm

AENT

BLD

BOWL

DBGI

DKNG

EDU

FND

HZO

KBH

LEN

LESL

MGA

MHK

NVR

PHM

TAL

VFC

Consumer discretionary stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:41 pm

GNS

Trading of Genius Group shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:40 pm

ABNB

BALY

CZR

HTHT

KRUS

PENN

SHAK

Shares of several hotel, restaurant and leisure stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:39 pm

EEM

EIS

IZRL

QAT

QQQ

SPY

US Secretary of State Antony Blinken visited Israel to reaffirm US support amid Hamas attacks. The US Department of Defense has increased support by ordering additional advanced fighter jets to be deployed in the region. The US government will commence charter flights for US citizens looking to leave Israel. The markets experienced a sudden downturn due to escalating geopolitical tensions and a higher-than-expected increase in inflation in September. The S&P 500 index, as monitored through the SPDR S&P 500 ETF Trust (NYSE:SPY), experienced a significant 0.9% decline. The Invesco QQQ Trust (NASDAQ:QQQ) was down by 0.8%. The iShares MSCI Israel ETF (NYSE:EIS) saw a substantial drop of 1.8%. The ARK Israel Innovative Technology ETF (NYSE:IZRL) plummeted by 2.3%. The iShares MSCI Qatar ETF (NYSE:QAT) declined by 2.3%. The iShares MSCI Emerging Index Fund (NYSE:EEM) registered a 1.2% decrease.

Portfolio Pulse from Piero Cingari

October 12, 2023 | 7:38 pm

LCID

NIO

VFS

XPEV

Automobile stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:35 pm

STZ

Constellation Brands (NYSE:STZ) has seen unusual options activity, with a significant bearish stance taken by investors. Of the 11 strange trades detected, 72% were bearish and 27% bullish. The total amount for the 7 puts was $784,960 and for the 4 calls was $292,960. Whales have been targeting a price range from $195.0 to $235.0 for Constellation Brands over the last 3 months. The stock is currently down -4.22% at $228.91. Analysts from JP Morgan and Goldman Sachs maintain their Overweight and Buy ratings respectively, while Truist Securities and Wedbush have downgraded their actions.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 7:32 pm