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Stock Prices

HLT

Hilton Worldwide Holdings's (NYSE:HLT) short percent of float has risen 13.76% since its last report, with 5.51 million shares sold short, which is 2.15% of all regular shares available for trading. It would take traders 2.91 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.64%.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 6:30 pm

ACN

Accenture plc reported mixed Q4 results and issued weak FY24 adjusted EPS guidance. The company's quarterly revenue growth was 4% Y/Y to $15.98 billion, missing the consensus of $16.07 billion. Adjusted EPS of $2.71 beat the consensus of $2.66. Accenture expects FY24 revenue growth of 2%-5% in local currency and adjusted EPS of $11.97-$12.32 vs. consensus of $12.46. Following the earnings announcement, several analysts cut their price targets on Accenture.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 6:28 pm

BKR

HAL

PTEN

TPL

VLO

Energy stocks are trading lower due to a pullback in oil prices. The stocks mentioned include BKR, HAL, PTEN, TPL, and VLO.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 6:25 pm

CENX

Century Aluminum shares are experiencing an increase in value due to the overall strength in aluminum stocks.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 6:21 pm

F

GM

STLA

TSLA

The United Auto Workers (UAW) is extending its strike against General Motors (GM) and Ford (F), adding two more assembly plants. This intensifies pressure on the automakers to finalize a new contract agreement. The strike expansion targets Ford’s Chicago Assembly Plant and GM’s Lansing-Delta Assembly Plant, bringing the total number of striking workers to around 25,000. The strike comes at a time of heightened union activity and a shift toward manufacturing electric vehicles in the U.S. Analyst Dan Ives warns that a favorable deal for the union could increase the average EV vehicle price by $3,000-$5,000, impacting units sold and obstructing the future business models of the Detroit Three (GM, Ford, and Stellantis).

Portfolio Pulse from AJ Fabino

September 29, 2023 | 6:20 pm

KLAC

A significant bearish stance has been taken on KLA (NASDAQ:KLAC) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The whales have been targeting a price range from $485.0 to $510.0 for KLA over the last 3 months. Wolfe Research has downgraded its action to Outperform with a price target of $600.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 6:18 pm

BIDU

A significant amount of unusual options activity has been observed for Baidu (NASDAQ:BIDU), with a majority of investors taking a bullish stance. Of the 11 strange trades detected, 63% were bullish and 36% were bearish. The total amount for puts was $1,122,138 and for calls was $111,284. Whales have been targeting a price range from $125.0 to $200.0 for Baidu over the last 3 months. Baidu's stock price is currently up 2.71% at $136.04. Bernstein maintains an Outperform rating on Baidu with a price target of $168, while Benchmark and Susquehanna have downgraded their actions to Buy and Positive with price targets of $210 and $175 respectively.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 6:18 pm

PSX

Phillips 66 shares are trading lower due to a pullback in oil prices.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 6:15 pm

SLB

Schlumberger shares are trading lower due to a pullback in oil prices.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 6:15 pm

MU

Micron's shares are trading higher as investors continue to evaluate the company's recent earnings report.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 6:14 pm