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EH

OPRA

PTON

ZM

Zoom Video Communications, Inc. (ZM) reported strong Q2 results, with earnings and revenue surpassing expectations, leading to a 12.2% stock price increase. Peloton Interactive, Inc. (PTON) also saw a significant rise of 27% after better-than-expected results. Other companies like Opera Limited (OPRA) and EHang Holdings Limited (EH) reported positive financial outcomes, contributing to their stock price gains.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 3:17 pm

BILI

Bilibili shares declined after the company reported its Q2 financial results. The stock initially saw an uptick but later reversed its gains.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 3:16 pm

LANC

Lancaster Colony shares declined following the release of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 3:15 pm

VATE

Innovate (NYSE:VATE) has seen a significant increase in its short percent of float, rising 826.67% since its last report. Currently, 26.41% of its shares are sold short, which is significantly higher than its peers' average of 3.63%. This indicates a bearish sentiment among investors, although high short interest can sometimes lead to bullish outcomes if short sellers are forced to cover their positions.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 3:15 pm

RUN

Sunrun's short interest has decreased by 5.95%, with 53.12 million shares sold short, representing 28.59% of its float. This is higher than its peers' average short interest of 10.19%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 3:15 pm

AVNS

Avanos Medical's short interest has decreased by 8.12%, with 2.15% of its float sold short. This is lower than its peers' average of 7.65%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 3:15 pm

M

Macy's reported strong earnings but weak sales, leading to mixed analyst reactions. Despite challenges, analysts see potential growth due to strategic initiatives and margin control.

Portfolio Pulse from Priya Nigam

August 22, 2024 | 3:13 pm

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) experienced a Power Inflow signal, indicating a shift from net selling to net buying, suggesting a short-term uptrend. The stock rose 3.6% after the signal, highlighting increased investor confidence.

Portfolio Pulse from Finit

August 22, 2024 | 3:13 pm

VRAX

Virax Biolabs Group Limited (NASDAQ:VRAX) announced a $5 million registered direct offering of ordinary shares, causing its stock to trade lower. The offering involves 1,108,892 shares at $4.50 each, expected to close around August 23. The proceeds will be used for working capital and general corporate purposes. Despite a recent surge due to the WHO's declaration of a public health emergency, the stock is currently experiencing overbought conditions with an RSI of 78.71.

Portfolio Pulse from Erica Kollmann

August 22, 2024 | 3:12 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SMH

SPY

TSLA

Investors are aggressively buying semiconductors ahead of Nvidia's earnings, despite technical indicators suggesting overbought conditions. Money flows are positive in major tech stocks like Apple, Amazon, and Nvidia. The U.S. payroll revision and dovish FOMC minutes suggest potential rate cuts, influencing market sentiment.

Portfolio Pulse from The Arora Report

August 22, 2024 | 3:07 pm