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Stock Prices

DEO

Diageo's (NYSE:DEO) short percent of float has fallen 11.54% since its last report, with 1.32 million shares sold short, which is 0.23% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Diageo. Compared to its peers, Diageo has less short interest as a percentage of float, with an average of 4.00%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 6:30 pm

SCCO

Southern Copper's (NYSE:SCCO) short percent of float has fallen 3.92% since its last report, with 5.84 million shares sold short, which is 6.87% of all regular shares available for trading. It would take traders 6.1 days to cover their short positions on average. The company has more short interest than most of its peers, with an average of 3.84%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 6:30 pm

IT

Gartner (NYSE:IT) has outperformed the market over the past 20 years, producing an average annual return of 18.53%. If an investor had bought $1000 of IT stock 20 years ago, it would be worth $30,068.97 today.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 6:30 pm

HON

Honeywell Intl's (NYSE:HON) short percent of float has fallen 3.61% since its last report, with 5.33 million shares sold short, which is 0.8% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Honeywell. Compared to its peers, Honeywell has less short interest as a percentage of float, with an average of 4.17%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 6:30 pm

KNW

MCLD

MLKN

PIXY

SPRC

STSS

US stocks traded lower with the Dow Jones falling more than 200 points. Energy shares rose by 1.9% while utilities shares fell by 2.1%. Crude oil inventories in the U.S. declined by 2.17 million barrels. ShiftPixy, SciSparc, and MillerKnoll shares rose significantly after various announcements. mCloud Technologies, Sharps Technology, and Know Labs shares dropped significantly due to various reasons.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 6:30 pm

AAPL

AVGO

INTC

META

QCOM

Meta Platforms Inc. has unveiled its latest VR headset, Quest 3, to compete with Apple's Vision Pro. The device, priced at $499, features an upgraded Qualcomm chip and improved screens. However, Meta's stock fell 2.5% following the resignation of Alexis Black Bjorlin, the company's AI chief.

Portfolio Pulse from Piero Cingari

September 27, 2023 | 6:22 pm

ADAUSD

BNBUSD

XRPUSD

Crypto analyst Nicholas Merten warns of potential price corrections for major cryptocurrencies, including Cardano (ADA), Ripple (XRP), and Binance Coin (BNB). He suggests that these digital assets might be on the brink of substantial downturns due to increased available supply from the release of previously locked assets. Merten's analysis is based on market liquidity and its impact on price direction.

Portfolio Pulse from Murtuza Merchant

September 27, 2023 | 6:20 pm

MSOS

TCNNF

Trulieve CEO Kim Rivers stated that Florida is poised to become the largest cannabis market in the US, citing the state's population and tourism. She sees a $6B market opportunity in Florida.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:19 pm

META

Meta Platforms shares are trading lower following the company's Connect 2023 Keynote.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:19 pm

SPY

Economists and financial experts believe that a potential U.S. government shutdown would not immediately lead to a recession, but caution that the risk could increase if the shutdown is prolonged. Short-term shutdowns typically have a minor effect on the economy, but extended shutdowns could significantly impact economic growth. Analysts at Goldman Sachs noted that consumer confidence usually falls during shutdowns, but recovers in the following month. They also forecasted that a shutdown could reduce growth by about 0.2 percentage points per week, mainly due to federal workers not receiving salaries. However, growth is expected to rise by the same amount in the quarter following the shutdown. The SPDR S&P 500 ETF Trust (NYSE:SPY) fell nearly 6% this month due to the rising risk of a government shutdown.

Portfolio Pulse from Piero Cingari

September 27, 2023 | 6:17 pm