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BLIN

Bridgeline Digital received a letter from Nasdaq on September 27 stating that the company no longer satisfies the requirement to maintain a minimum bid price.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 8:17 pm

JPM

QQQ

SPY

TLT

XLE

XOM

September has been a tough month for the U.S. stock market, with both the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust closing 5% lower. Treasury yields have surged, causing the iShares 20+ Year Treasury Bond ETF to tumble 8.7%. The potential U.S. government shutdown is causing market anxiety, with Moody's warning of adverse credit consequences. The Senate Banking Committee has approved the SAFE Banking Act, granting legal cannabis businesses access to banks. JPMorgan CEO Jamie Dimon expressed concern about potential interest rate surge to 7%. The energy sector, tracked by the Energy Select Sector SPDR Fund, was the week's best performer, with Exxon Mobil Corp. shares reaching new all-time highs.

Portfolio Pulse from Piero Cingari

September 29, 2023 | 8:13 pm

SPY

The stock market experienced turbulence as a last-minute bid to avoid a government shutdown failed. The SPDR S&P 500 ETF Trust (NYSE:SPY) declined by 0.2%, extending monthly drops to 5%, marking September as the most challenging month for the S&P 500 in 2023. The failure to pass legislation aimed at averting a government shutdown has led to uncertainty and chaos within the GOP, causing a delay in negotiations with President Joe Biden and the Democratic Senate.

Portfolio Pulse from Piero Cingari

September 29, 2023 | 8:03 pm

TTD

Trade Desk (NASDAQ:TTD) has outperformed the market over the past 5 years by 34.48% on an annualized basis, producing an average annual return of 42.42%. If an investor had bought $1000 of TTD stock 5 years ago, it would be worth $5,444.19 today.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 8:00 pm

COR

Cencora's (NYSE:COR) short percent of float has fallen 14.57% since its last report, with 4.90 million shares sold short, which is 3.05% of all regular shares available for trading. It would take traders 3.24 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 7.11%.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 8:00 pm

VRSK

Verisk Analytics (NASDAQ:VRSK) has outperformed the market over the past 10 years by 4.12% on an annualized basis, producing an average annual return of 13.92%. If an investor had bought $1000 of VRSK stock 10 years ago, it would be worth $3,658.85 today.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 8:00 pm

TTD

Trade Desk's (NYSE:TTD) short percent of float has fallen 5.32% since its last report, with 11.25 million shares sold short, which is 2.85% of all regular shares available for trading. It would take traders 3.55 days to cover their short positions on average. Trade Desk's peer group average for short interest as a percentage of float is 4.03%, indicating the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 8:00 pm

TT

Trane Technologies's (NYSE:TT) short percent of float has risen 10.39% since its last report, with 1.93 million shares sold short, which is 0.85% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Trane Technologies has less short interest.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 8:00 pm

ZS

Zscaler's stock price is trading higher following Morgan Stanley's decision to raise its price target on the stock to $155.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 7:59 pm

ADBE

NKE

TSLA

In the 21st week of Benzinga's six-month series, “Is ChatGPT A Better Financial Advisor?”, ChatGPT's portfolio slipped, losing some of last week's gains. However, it remains competitive as other funds and ETFs also experienced sell-offs. Notably, Tesla Inc (TSLA) and Adobe Inc (ADBE) are the top performers in the AI-powered portfolio, while Nike Inc (NKE) continues to struggle.

Portfolio Pulse from AJ Fabino

September 29, 2023 | 7:50 pm