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CNHI

CNH Industrial shares declined after UBS maintained a Buy rating but reduced its price target from $15 to $14.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:23 pm

XCHG

Shares of XCHG were halted due to a circuit breaker triggered by a significant upward price movement. This indicates a strong positive sentiment or news impacting the stock.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:21 pm

XCHG

XCHG's IPO opened for trading at $7.25 per share, above its initial pricing of $6.20 per share for 3.33 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:21 pm

BA

Boeing is advancing quantum communications technology with the planned launch of a test satellite, Q4s, in 2026. This initiative marks a significant step in space-based quantum communications.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:20 pm

ASO

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) reported Q2 earnings in line with expectations but missed sales estimates, leading to a downward revision of its FY24 outlook. The company faces challenges from a tough economy, distribution issues, and storm impacts. Despite these, it is advancing strategic goals and improving inventory management.

Portfolio Pulse from Nabaparna Bhattacharya

September 10, 2024 | 2:17 pm

PLTR

SPY

Palantir Technologies (NYSE:PLTR) has been included in the S&P 500, marking a significant milestone for the company. This inclusion will also place Palantir in major ETFs like the SPDR S&P 500 ETF Trust (NYSE:SPY). CEO Alex Karp highlighted the company's unique journey to profitability and its unconventional management style as key factors in its success. Palantir's partnerships with key institutions have been crucial to its growth, and its stock has reached new 52-week highs, up 109% year-to-date.

Portfolio Pulse from Chris Katje

September 10, 2024 | 2:16 pm

WOLF

Wolfspeed's short interest has increased by 12.72%, with 26.5% of its float sold short. This is significantly higher than its peers' average of 7.33%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 2:15 pm

BMRN

Biomarin Pharmaceutical's short interest has decreased by 3.3%, with 6.65 million shares sold short, representing 3.52% of its float. This is lower than the peer group average of 4.16%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 2:15 pm

SBAC

SBA Comms (NYSE:SBAC) has seen a 6.96% increase in its short percent of float, now at 2.46% of available shares. This indicates a rise in bearish sentiment, although its short interest is below the peer group average of 3.41%.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 2:15 pm

RLAY

Relay Therapeutics shares fell after Oppenheimer downgraded the stock from Outperform to Perform.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:14 pm