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Stock Prices

TBBK

Bancorp (NYSE:TBBK) has seen a 4.16% rise in its short percent of float, now at 15.53%. This indicates increased bearish sentiment compared to its peers, whose average short interest is 4.45%. It would take traders 9.53 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 5:30 pm

CAMX

KKR

Eni S.p.A. (NYSE:E) has entered a temporary exclusivity agreement with KKR & Co. Inc. (NYSE:KKR) to sell a 20% to 25% stake in Enilive, valued between €11.5 billion and €12.5 billion. This move aligns with Eni's strategy to attract new partners and fund growth. The valuation exceeds market expectations, potentially leading to the sale of an additional 10% stake. Eni's shares are down 0.39%, while KKR's shares are up 0.56%.

Portfolio Pulse from Lekha Gupta

July 23, 2024 | 5:27 pm

RNAZ

Transcode Therapeutics Inc (NASDAQ:RNAZ) shares dropped by 62% to $0.30 after announcing a public offering of 10 million shares at $0.30 per share, aiming to raise $3 million. The funds will be used for product development and general corporate purposes.

Portfolio Pulse from Henry Khederian

July 23, 2024 | 5:26 pm

DJT

ISRA

SPY

Former President Donald Trump announced on Truth Social that he is looking forward to welcoming Israeli Prime Minister Bibi Netanyahu at Mar-a-Lago in Palm Beach, Florida.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:26 pm

LNVGF

Lenovo plans to integrate AI into all its PCs by 2027, according to the company's device chief. This move aims to enhance user experience and productivity. The initiative reflects Lenovo's commitment to innovation and staying competitive in the tech industry.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:24 pm

CYH

HCA

UHS

HCA Healthcare Inc. reported strong Q2 earnings with revenues of $17.49 billion, beating expectations. The company raised its annual revenue and EPS guidance, reflecting strong demand for services. Peers Universal Health Services Inc. and Community Health Systems Inc. also saw stock price increases.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 5:24 pm

ADIL

AZTR

CMCSA

Comcast Corporation (NASDAQ:CMCSA) shares fell 6.1% after reporting worse-than-expected Q2 sales results. Other notable stock movements include Azitra, Inc. (NYSE:AZTR) jumping 529% due to a new patent, and Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) rising 148% after advancing a study. General Motors Company (NYSE:GM) fell 6.1% after delaying EV projects.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 5:21 pm

BLK

CBOE

COIN

ETHUSD

Nine spot Ethereum ETFs have launched on US exchanges, marking a significant milestone in the mainstream adoption of digital assets. Major financial players like BlackRock, Fidelity, and Grayscale are offering these ETFs, which have seen substantial trading volumes in their early hours. Experts have mixed views on the immediate impact, but agree on the long-term potential for increased institutional involvement and regulatory clarity.

Portfolio Pulse from Murtuza Merchant

July 23, 2024 | 5:21 pm

FTXR

RPV

General Motors (GM) shares are trading lower after reporting strong Q2 financial results but announcing delays in its EV projects. Despite losses in China, GM's strong U.S. market performance supports overall profitability. GM Defense Canada secured a C$35.8 million contract with the Canadian Armed Forces. GM stock has gained over 18% in the past year, and investors can gain exposure via FTXR and RPV ETFs.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 5:17 pm

SBUX

Deep-pocketed investors are showing a bullish sentiment towards Starbucks (NASDAQ:SBUX) through significant options activity. Benzinga's options scanner highlighted 12 extraordinary options trades, with 75% being bullish. The price target for SBUX ranges from $50 to $85. Analysts have mixed ratings, with an average price target of $83.2.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 5:17 pm