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ADI

Analog Devices (NYSE:ADI) has seen a 15.71% decrease in its short percent of float since its last report, with 5.88 million shares sold short, representing 1.18% of all regular shares available for trading. This suggests that traders are becoming less bearish on the stock. However, this does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Analog Devices has less short interest, with the average for its peer group being 4.88%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:30 pm

PXD

Pioneer Natural Resources's (NYSE:PXD) short percent of float has risen 7.43% since its last report, with 3.69 million shares sold short, which is 1.59% of all regular shares available for trading. It would take traders 2.19 days to cover their short positions on average. The company's short interest is less than most of its peers, with an average of 6.23%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:30 pm

GOOG

GOOGL

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares have dropped over 12% in the last five days. The company recently announced the appointment of John Krafcik, former CEO of Waymo, to its board of directors. Rivian is set to release its Q2 financial results, with an expected loss of $1.41 per share and revenue of $978.88 million. The company reported Q2 production of 13,992 electric vehicles and delivery of 12,640 vehicles.

Portfolio Pulse from Erica Kollmann

August 07, 2023 | 3:27 pm

RUN

Sunrun Inc's shares are trading higher amid recent strength. The company reported mixed Q2 results, with an EPS of 25 cents, surpassing the analyst consensus estimate of a loss of 34 cents. However, it missed the sales estimate of $621.86 million by 5.1%, generating $590.19 million. Despite this, sales showed a 1% increase YoY. Key metrics indicate strong growth, with 39,755 customer additions in Q2 2023 and a 20% increase in customers YoY. Sunrun's financial outlook remains positive, expecting 10% to 15% growth in Solar Energy Capacity Installed for 2023.

Portfolio Pulse from Henry Khederian

August 07, 2023 | 3:25 pm

YELL

Yellow Corporation has filed for Chapter 11 bankruptcy, leading to a drop in its share prices.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:20 pm

PRZO

ParaZero's shares are trading higher following the receipt of a second order for its custom safety system for drones from an automotive manufacturer.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:17 pm

NKTR

Nektar Therapeutics announced updated Rezpegaldesleukin efficacy data, which it says was previously incorrectly calculated by Lilly. This has led to a rise in Nektar's share prices.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:17 pm

TTD

A significant number of investors have taken a bearish stance on Trade Desk (NASDAQ:TTD), with 93% of detected trades showing bearish expectations. The whales have been targeting a price range from $75.0 to $95.0 for Trade Desk over the last 3 months. The price of TTD is currently up 0.45% at $85.22. Analysts have mixed opinions, with BTIG and Needham upgrading to Buy, while Redburn Partners and New Street Research downgraded to Sell.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:16 pm

BSFC

Shares of Blue Star Foods, a nano-cap, low-float stock, are trading higher. There is no company-specific news that could explain this increase.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:09 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

TSLA

YELL

Yellow Corporation (YELL) has filed for bankruptcy, causing its stock to surge by 861% in three days due to aggressive buying by the 'meme crowd'. Despite the bankruptcy, the meme crowd is urging further investment in YELL. The article also mentions that earnings have dropped by 5.2% compared to the same quarter last year, but the stock market is significantly higher. Money flows are positive for Amazon (AMZN), NVIDIA (NVDA), and Microsoft (MSFT), but negative for Alphabet (GOOG), Meta Platforms (META), Tesla (TSLA), and Apple (AAPL).

Portfolio Pulse from The Arora Report

August 07, 2023 | 3:08 pm