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SIRI

Trading of Sirius XM shares has resumed.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 6:33 pm

AMAT

Shares of Applied Materials, Inc. (NASDAQ:AMAT) are trading lower by 4.68% due to weak third-quarter and 2023 guidance issued by Taiwan Semiconductor. Applied Materials, a supplier of semiconductor manufacturing equipment, relies on semiconductor companies like TSM for business. A disappointing TSM earnings could indicate weaker demand for semiconductor manufacturing services, potentially impacting Applied Materials' revenue and profitability.

Portfolio Pulse from Henry Khederian

July 20, 2023 | 6:32 pm

QCOM

Shares of Qualcomm Inc (QCOM) are trading lower by 1.75% due to negative sentiment in the semiconductor sector, following Taiwan Semiconductor's weak Q3 and 2023 guidance. This has led to a sell-off in semiconductor stocks, including QCOM.

Portfolio Pulse from Henry Khederian

July 20, 2023 | 6:31 pm

PANW

Palo Alto Networks's (NYSE:PANW) short percent of float has risen 9.4% since its last report, with 22.58 million shares sold short, which is 7.68% of all regular shares available for trading. This is higher than the average short interest of its peer group, which is 5.13%. Short interest can act as an indicator of market sentiment towards a particular stock.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:30 pm

IDXX

IDEXX Laboratories's (NYSE:IDXX) short percent of float has risen 6.16% since its last report, with 2.28 million shares sold short, which is 3.1% of all regular shares available for trading. It would take traders 4.93 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.25%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:30 pm

TM

Toyota Motor's (NYSE:TM) short percent of float has risen 14.29% since its last report, with 1.10 million shares sold short, which is 0.08% of all regular shares available for trading. It would take traders 2.91 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Toyota Motor's peer group average for short interest as a percentage of float is 10.79%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:30 pm

SIRI

Shares of Sirius XM (SIRI) were halted on a circuit breaker to the upside, indicating a significant increase in the stock's price.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 6:28 pm

SIRI

Trading of Sirius XM shares has resumed.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 6:28 pm

SIRI

Shares of Sirius XM (SIRI) were halted on a circuit breaker to the upside, with the stock now up 21.5%.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 6:25 pm

TSLA

WKSP

Tesla Inc (NASDAQ:TSLA) posted an all-time high quarterly revenue but price cuts and incentives thinned its margins. Worksport Ltd (NASDAQ:WKSP) announced the completion of its first assembly line, with production to start in three weeks. Tesla's Q2 revenue was $24.93 billion, with operating margin at 9.6%, the lowest in the last five quarters. Tesla's core EV business expanded 46% YoY to $21.27 billion. Tesla shares rose 136% year to Wednesday’s close.

Portfolio Pulse from Upwallstreet

July 20, 2023 | 6:15 pm