Streetbeat News

Stock Prices

U

Unity Software's short interest has decreased by 5.87%, with 30.56 million shares sold short, representing 8.02% of its float. This is higher than its peers' average of 7.34%. The decrease in short interest may indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 4:15 pm

ACN

Accenture's short interest has decreased by 9.4%, with 6.61 million shares sold short, representing 1.06% of its float. This is lower than its peers' average short interest of 4.21%. The decrease in short interest may indicate a more bullish sentiment towards Accenture.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 4:15 pm

ZS

Zscaler Inc (NASDAQ:ZS) reported strong fiscal Q4 results, but its shares fell due to concerns over its fiscal 2025 guidance. Despite beating revenue and billings expectations, analysts cut price targets citing incremental risks and back-end loaded billings guidance.

Portfolio Pulse from Priya Nigam

September 04, 2024 | 4:12 pm

IYE

XLE

XOM

ExxonMobil has partnered with ADNOC, which will acquire a 35% stake in Exxon's proposed low-carbon hydrogen and ammonia facility in Texas. The project aims to produce significant amounts of low-carbon hydrogen and ammonia, contributing to the global energy transition. ExxonMobil shares are trading lower following the announcement.

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 4:07 pm

AVGO

INTC

Intel's stock is trading lower following a 7.7% drop due to failed tests on wafers for Broadcom using Intel's 18A process. Concerns about Intel's performance and potential removal from the Dow Jones Industrial Average are also affecting the stock.

Portfolio Pulse from Erica Kollmann

September 04, 2024 | 4:06 pm

WINT

Windtree Therapeutics (NASDAQ:WINT) shares rose 18.6% after completing enrollment for its SEISMiC Extension Phase 2b study of istaroxime in early cardiogenic shock. The study aims to confirm previous positive results and explore longer dosing durations.

Portfolio Pulse from Dylan Berman

September 04, 2024 | 4:04 pm

AMZU

HD

RTH

TGT

WMT

XRT

Port employers and the union representing East and Gulf coasts dockworkers are in talks to prevent a strike that could disrupt U.S. maritime commerce. Retailers are urging the White House to help resolve the labor dispute before the September 30 deadline. Major retailers and retail ETFs saw stock declines amid the uncertainty.

Portfolio Pulse from Michael Juliano

September 04, 2024 | 4:03 pm

ATRA

Atara Biotherapeutics (NASDAQ:ATRA) shares surged by 30.7% following the announcement of a $36 million registered direct offering. The offering includes 758,900 shares at $8.25 per share and 3,604,780 pre-funded warrants. The funds will be used for working capital and general corporate purposes. Greg Ciongoli from Adiumentum Capital will join Atara's Board of Directors.

Portfolio Pulse from Henry Khederian

September 04, 2024 | 4:02 pm

GTLB

GitLab Inc. (NASDAQ:GTLB) shares surged after the company reported better-than-expected Q2 results and raised FY 2025 guidance. Analysts increased price targets, and the stock is trading above its 50-day moving average.

Portfolio Pulse from Erica Kollmann

September 04, 2024 | 4:01 pm

PWR

Quanta Services (NYSE:PWR) has received mixed analyst ratings, with a majority being bullish. Analysts have set a 12-month average price target of $289.71, slightly up from the previous $285.17. The company shows strong revenue growth but faces challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 4:00 pm