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VRTX

Vertex Pharmaceuticals's (NYSE:VRTX) short percent of float has fallen 10.92% since its last report, with 2.73 million shares sold short, which is 1.06% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Vertex has less short interest, with an average of 4.20% for its peer group.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:30 pm

VRSK

Verisk Analytics's (NYSE:VRSK) short percent of float has fallen 5.51% since its last report, with 8.71 million shares sold short, which is 6.86% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, Verisk Analytics's short interest as a percentage of float is higher than its peer group average of 3.18%.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:30 pm

XTNT

Xtant Medical Holdings, Inc. (AMEX:XTNT) has entered into a securities purchase agreement to sell shares of its common stock in a private placement for $15 million. The company plans to issue 20 million shares at $0.75 per share. The proceeds will be used for working capital and other general corporate purposes. The closing of the private placement is expected to occur on July 6, 2023. Xtant Medical expects full-year 2023 revenue of $73 million-$75 million, representing annual growth of approximately 26% to 29% compared to 2022.

Portfolio Pulse from Nabaparna Bhattacharya

July 03, 2023 | 3:30 pm

VINE

Trading of Fresh Vine Wine shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 3:29 pm

AAPL

AHI

AMD

AMZN

CVNA

NVDA

SPY

TSLA

UCAR

Benzinga Pro has released its list of the most-searched tickers for June 2023. The top 10 includes Tesla, SPDR S&P 500 ETF Trust, Nvidia, Advanced Micro Devices, Carvana, C3.ai, Apple, U Power, Amazon.com, and Advanced Health Intelligence. All 10 have seen positive returns in 2023, with five up by triple-digit percentages. Tesla topped the list for the first time in months, indicating increased attention from retail investors.

Portfolio Pulse from Chris Katje

July 03, 2023 | 3:28 pm

VINE

Shares of Fresh Vine Wine were halted on a circuit breaker due to a significant increase in the stock price, which is now up by 183.2%.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 3:25 pm

COIN

Coinbase shares are trading higher following the news that Cboe has refiled Bitcoin ETF proposals and plans to work with the exchange to prevent market manipulation.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 3:25 pm

UBS

UBS Group has signed a loss protection agreement with the Swiss government regarding its acquisition of Credit Suisse. UBS will cover potential losses of the first CHF 5 billion, with the Swiss government covering any losses exceeding this up to CHF 9 billion. The bank is also planning a US recruitment drive for wealth managers, having already hired 50 financial advisers from various firms in H1 2021. UBS shares are trading higher by 0.69% at $20.41 premarket on Monday.

Portfolio Pulse from Akanksha Bakshi

July 03, 2023 | 3:24 pm

MSFT

NVDA

Nvidia Corp (NVDA) continues to perform well, buoyed by the ChatGPT frenzy and the acquisition of AI startup OmniML. The acquisition could hint at Nvidia's desire to improve its AI chips for various applications. The company's stock has gained close to 200% YTD and was the first to join the trillion-dollar valuation club in 2023. Last week, Nvidia invested in DeepMind co-founder's Inflection AI startup, gaining access to 22,000 Nvidia H100 GPUs. Analysts from Daiwa Capital and Raymond James expressed confidence in Nvidia's position despite U.S. government's aggressive export controls.

Portfolio Pulse from Anusuya Lahiri

July 03, 2023 | 3:24 pm

BAC

A significant bullish stance has been taken on Bank of America (NYSE:BAC) as evidenced by unusual options activity. The sentiment among these big-money traders is 78% bullish and 21% bearish. The whales have been targeting a price range from $20.0 to $50.0 for Bank of America over the last 3 months. Citigroup has maintained their Neutral rating on Bank of America with a price target of $31, while RBC Capital has downgraded its action to Outperform with a price target of $35.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:21 pm