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TXN

Texas Instruments's (NYSE:TXN) short percent of float has fallen 13.98% since its last report, indicating a more bullish sentiment towards the stock. The company has 14.51 million shares sold short, which is 1.6% of all regular shares available for trading. Compared to its peers, Texas Instruments has less short interest, with an average of 4.78% for its peer group.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 2:30 pm

MDLZ

Mondelez International's (NYSE:MDLZ) short percent of float has fallen 7.37% since its last report, with 11.94 million shares sold short, which is 0.88% of all regular shares available for trading. This decrease in short interest could indicate a more bullish sentiment towards the stock. Compared to its peers, Mondelez has less short interest, with an average of 5.16% for its peer group.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 2:30 pm

WDAY

Workday's (NYSE:WDAY) short percent of float has fallen 13.97% since its last report, with 4.03 million shares sold short, which is 1.97% of all regular shares available for trading. It would take traders 1.92 days to cover their short positions on average. Workday's peer group average for short interest as a percentage of float is 3.37%, indicating the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 2:30 pm

F

GM

RIVN

TM

TSLA

VWAGY

General Motors (GM) and Ford (F) are facing challenges in the EV market. GM is dealing with battery supply issues and a disappointing Q2 in EV sales, but plans to ramp up production in the second half of the year. Ford has cut prices for its F-150 Lightning pickup due to weakened demand. Tesla (TSLA) shares rose 3.2% as its Cybertruck went into production. GM and Ford shares dropped 5.9% and 3.1% respectively, while Rivian (RIVN) shares fell 3.3%.

Portfolio Pulse from Upwallstreet

July 19, 2023 | 2:29 pm

TOST

Toast, Inc. (NYSE:TOST) has decided to remove a $0.99 order processing fee from its digital ordering suite. The company stated that the removal of the fee will not impact its previously announced guidance for fiscal year 2023. Shares of TOST are trading lower on high trading volume, with more than 9.7 million shares traded compared to the stock's 100-day average volume of 6.78 million shares.

Portfolio Pulse from Erica Kollmann

July 19, 2023 | 2:28 pm

BAC

Bank of America Corp (BAC) shares are trading higher by 1.47% following the company's better-than-expected Q2 results. The bank reported a YoY net income growth of 19%, reaching $7.4 billion, and an EPS of 88 cents, surpassing the consensus estimate of 84 cents. Revenue also increased by 11% YoY, reaching $25.33 billion, beating the analyst consensus estimate of $25.05 billion.

Portfolio Pulse from Henry Khederian

July 19, 2023 | 2:27 pm

BLUE

Bluebird Bio's stock has been upgraded from Neutral to Buy by B of A Securities, which also raised its price target from $6 to $10.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 2:27 pm

AAPL

U

Unity Software Inc (NYSE:U) shares are trading higher following the launch of a beta program for visionOS, an operating system for the Apple Vision Pro headset. The company had previously announced a collaboration with Apple Inc (NASDAQ:AAPL) for the headset. Unity's apps and games will run natively on Apple Vision Pro, taking full advantage of its features.

Portfolio Pulse from Adam Eckert

July 19, 2023 | 2:26 pm

BTCUSD

ETHUSD

A digital wallet associated with the Kraken cryptocurrency exchange has transferred over 61,000 Ether (ETH), worth over $116 million, that was acquired during the initial coin offering (ICO) eight years ago. The transfer could indicate plans to sell the tokens, stake them on an exchange, or diversify into other tokens. This follows a trend of old wallets transferring large amounts of Bitcoin (BTC) or Ether to exchanges this year.

Portfolio Pulse from Murtuza Merchant

July 19, 2023 | 2:25 pm

VZ

Verizon shares are trading higher in sympathy with AT&T after AT&T announced that less than 10% of its nationwide copper-wire telecom network has lead-clad cables. This is in response to a story from last week.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 2:24 pm