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TXN

Elliott commends Texas Instruments for its capital management update, highlighting TI's commitment to long-term growth and free cash flow. TI plans to achieve $12 per share of free cash flow by 2026 and has a flexible capex strategy. Elliott supports TI's strategy for US-based semiconductor capacity.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:18 pm

CURV

Torrid's shares experienced a significant drop of 35.84% and faced multiple trading halts. This indicates potential volatility and investor concern regarding the company's current situation.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:18 pm

CTVA

Corteva's short interest has increased by 4.62%, with 8.33 million shares sold short, representing 1.36% of its float. This is below the peer group average of 4.72%. The rise in short interest suggests a bearish sentiment, but it doesn't necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 5:15 pm

ITOS

iTeos Therapeutics shares rose following the announcement of Phase 2 GALAXIES Lung-201 interim data presentation at the European Society for Medical Oncology Congress 2024.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:15 pm

MHK

Mohawk Industries (NYSE:MHK) has seen a 22.02% decrease in its short percent of float, now at 3.4% of available shares. This is lower than its peers' average of 6.45%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 5:15 pm

APA

APA Corporation's short interest has decreased by 12.75%, with 14.40 million shares sold short, representing 4.45% of its float. This is lower than its peers' average short interest of 5.62%. A decrease in short interest can indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 5:15 pm

CURV

Torrid's shares have been halted due to a significant drop, with the stock now down by 43.06%. This indicates a major negative event impacting the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:12 pm

AMZN

COST

GLD

UUP

Gold prices have surged past $2,500 per troy ounce, pushing the value of a 400-troy-ounce gold bar to $1 million. This increase is driven by expectations of Federal Reserve interest rate cuts and a weakening U.S. dollar. The SPDR Gold Trust (GLD) and Invesco DB USD Index Bullish Fund ETF (UUP) illustrate the inverse relationship between the dollar and gold prices. Retailers like Costco, Amazon, and Walmart are making gold more accessible to individual investors.

Portfolio Pulse from Piero Cingari

August 20, 2024 | 5:09 pm

GTE

Gran Tierra Energy's shares fell following its announcement to acquire Snap i3 Energy for $225.4 million in a cash and stock deal.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:07 pm

BMRN

BioMarin Pharmaceutical shares rose following an upgrade by Bernstein to 'Outperform'. The firm increased its sales estimates for Voxzogo by 2032 and anticipates BioMarin's management to outline a strategy for margin expansion.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:07 pm