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SHEL

Shell's (NYSE:SHEL) short percent of float has fallen 5.26% since its last report, indicating a decrease in bearish sentiment towards the stock. The company has 6.07 million shares sold short, which is 0.18% of all regular shares available for trading. Compared to its peers, Shell has less short interest as a percentage of float, with an average of 1.74%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:45 pm

AVGO

Broadcom's (NYSE:AVGO) short percent of float has risen 3.31% since its last report, with 5.01 million shares sold short, which is 1.56% of all regular shares available for trading. It would take traders 2.32 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Broadcom's peer group average for short interest as a percentage of float is 4.86%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:45 pm

TFC

Truist Finl's (NYSE:TFC) short percent of float has fallen 4.0% since its last report, with 35.03 million shares sold short, which is 2.64% of all regular shares available for trading. It would take traders 3.92 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 5.30%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:45 pm

INTC

Intel Corporation (NASDAQ:INTC) is expected to release its Q2 earnings after the closing bell on Thursday. Options markets are implying a move of around +/-6.45% after the announcement, which is less than the 7.5% move seen over the last eight quarters. Analysts expect the company to post a quarterly loss at 3 cents per share, versus a year-ago profit of 29 cents per share. The company’s revenue might come in at $10.97 billion.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 5:44 pm

BHFAL

CRD

DGICB

EIG

FNF

LMND

RNR

SLQT

UVE

WTW

Insurance stocks have seen significant movement in Thursday's intraday session. Gainers include Donegal Gr (DGICB), F&G Annuities & Life (FG), Brighthouse Financial (BHFAL), Employers Holdings (EIG), Universal Insurance Hldgs (UVE), and Fidelity National Finl (FNF). Losers include Willis Towers Watson (WTW), Crawford (CRD), SelectQuote (SLQT), RenaissanceRe Holdings (RNR), and Lemonade (LMND).

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:40 pm

CRM

MSFT

The European Union has launched an antitrust investigation into Microsoft Corp over allegations of abuse of its dominant position by bundling its Teams videoconferencing app with its Office productivity software. The probe was triggered by a 2020 complaint by Salesforce's Slack Technologies, which alleged that Microsoft was forcing companies to install Teams and blocking its removal. Microsoft shares traded lower by 1.39% following the news.

Portfolio Pulse from Anusuya Lahiri

July 27, 2023 | 5:38 pm

AMT

American Tower Corporation (AMT) has raised its 2023 guidance, leading to an increase in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:38 pm

HCA

HCA Healthcare's shares have dropped following the release of their Q2 results.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:38 pm

ORLY

O'Reilly Automotive reported Q2 results and announced management changes, causing its shares to trade lower.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:37 pm

CMG

DHI

FND

FTCH

HELE

NCLH

NKE

PHM

RIVN

TSLA

Benzinga's options activity scanner has detected unusual options activity in the Consumer Discretionary sector. The stocks involved are Tesla (TSLA), Rivian (RIVN), Farfetch (FTCH), Nike (NKE), Norwegian Cruise Line Holdings (NCLH), D.R. Horton (DHI), Floor & Decor Holdings (FND), PulteGroup (PHM), Chipotle Mexican Grill (CMG), and Helen of Troy (HELE). The activity includes both call and put options with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:35 pm