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ADBE

Adobe's (NYSE:ADBE) short percent of float has fallen 24.8% since its last report, with 4.26 million shares sold short, which is 0.94% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Adobe. Compared to its peers, Adobe has less short interest as a percentage of float, with an average of 3.41%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:30 pm

FTNT

Fortinet's (NYSE:FTNT) short percent of float has fallen 22.75% since its last report, indicating a more bullish sentiment towards the stock. The company has 10.69 million shares sold short, which is 1.63% of all regular shares available for trading. Compared to its peers, Fortinet has less short interest as a percentage of float, with an average of 5.38%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:30 pm

PINS

Evercore ISI Group analyst Mark Mahaney has upgraded Pinterest (NYSE:PINS) from In-Line to Outperform and raised the price target from $30 to $41.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:28 pm

IRNT

IronNet has announced its intention to voluntarily delist its securities from the NYSE following a notice of non-compliance with the NYSE's continued listing standards. The company plans to file a Form 25 for the delisting around July 27, 2023, and expects the delisting to become effective around August 6, 2023. Post delisting, IronNet's common stock is expected to be traded on over-the-counter markets.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:25 pm

ARKK

SPY

Cathie Wood, CEO of ARK Investment Management, predicts that the U.S. will reach 2% inflation sooner than expected. This could impact the performance of ARK's ETFs, including ARKK, and the broader market, represented by SPY.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:24 pm

SHOP

Evercore ISI Group analyst Mark Mahaney has downgraded Shopify (NYSE:SHOP) from Outperform to In-Line and set a price target of $69.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:17 pm

FBK

FB Financial (NYSE:FBK) reported Q2 earnings of $0.77 per share, beating the analyst consensus estimate of $0.65 by 18.46%. However, the company's quarterly sales of $125.70 million missed the analyst consensus estimate of $128.28 million by 2.01%. This represents a 9.09% decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:17 pm

LMT

A significant bullish stance has been taken on Lockheed Martin (NYSE:LMT) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $425.0 to $490.0 for Lockheed Martin over the last 3 months. The price of LMT is up 1.22% at $469.98, with RSI indicators suggesting the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:15 pm

ATVI

BRK.A

Berkshire Hathaway Inc has reported a 1.9% passive stake in Activision Blizzard Inc as of June 30, 2023, according to a SEC filing.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 8:15 pm

BRDS

Bird Global, Inc. (NYSE:BRDS) has received confirmation from NYSE of its compliance with the $1.00 share price listing requirement. The company has submitted a business plan to NYSE detailing actions taken to comply with market capitalization and stockholders' equity listing standards. Pending NYSE's acceptance, Bird's Class A common stock will continue to be listed and traded on NYSE.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 8:10 pm