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NCLH

Norwegian Cruise Line's (NYSE:NCLH) short interest has decreased by 4.26%, with 23.82 million shares sold short, representing 7.42% of its float. This is higher than the peer group average of 6.99%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 4:45 pm

AAPL

NVDA

TLT

TSLA

The Supreme Court's ruling granting Trump broad immunity has led to a significant impact on the bond market, with falling bonds and rising yields. This ruling is interpreted as increasing the probability of Trump becoming the next president, which could lead to tax cuts, higher deficits, and sticky inflation. The news has mixed implications for stocks like Apple, Tesla, and Nvidia. Apple may be negatively impacted due to Trump's anti-China policies, Tesla may benefit from Trump's favor towards Musk but face challenges due to anti-EV stance and China production, and Nvidia may benefit from lesser regulation of AI.

Portfolio Pulse from The Arora Report

July 02, 2024 | 4:43 pm

BEEM

Beam Global (NASDAQ:BEEM) shares surged 15.6% to $5.05 after reporting a record $10.6 million in second-quarter new orders, a 128% year-over-year increase. The company expanded its government contracts and saw significant growth in its commercial business. Beam Global also shipped its first EV ARC™ systems to Europe and highlighted its strong financial position with no debt.

Portfolio Pulse from Henry Khederian

July 02, 2024 | 4:42 pm

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) has been downgraded by Piper Sandler from Overweight to Neutral due to its high revenue multiple and limited upside potential. Despite strong underlying momentum and competitive positioning, the stock's high valuation and the law of large numbers may hinder future returns. The company has reached annual recurring revenues of $3.6 billion and is expected to surpass $4 billion in total revenue for fiscal 2025. While long-term prospects remain positive, short-term returns may lag.

Portfolio Pulse from Priya Nigam

July 02, 2024 | 4:41 pm

DTSS

Datasea Inc (NASDAQ:DTSS) shares dropped by 27.1% to $3.60 after announcing a $2.25 million registered direct offering of 692,307 shares at $3.25 per share. The offering is expected to close around July 3, with funds allocated for R&D, market expansion, and general corporate purposes. EF Hutton LLC is the exclusive placement agent.

Portfolio Pulse from Henry Khederian

July 02, 2024 | 4:41 pm

CYN

Cyngn Inc (NASDAQ:CYN) shares plummeted by 29% to $0.05 after announcing a 1-for-100 reverse stock split to meet Nasdaq's minimum bid price requirement. The split will be effective on July 3, with post-split trading starting on July 5. The stock has a 52-week high of $1.21 and a low of $0.05.

Portfolio Pulse from Henry Khederian

July 02, 2024 | 4:39 pm

HOOD

Robinhood Markets CEO Vlad Tenev announced that Robinhood Crypto is now available across the United States, with plans to expand globally.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 4:38 pm

NVDA

TSM

VTI

XLK

Nvidia Corp (NASDAQ:NVDA) is trading lower due to antitrust charges from French regulators. However, positive developments include increased capital expenditures by supplier TSMC and a $504 million funding package from the Biden administration to support technology hubs. Analysts remain optimistic about Nvidia's future demand.

Portfolio Pulse from Anusuya Lahiri

July 02, 2024 | 4:36 pm

LIF

Life360 (NASDAQ:LIF) has seen an 18% increase in its stock price since its IPO in June. Stifel analyst Mark Kelley initiated coverage with a Buy rating and a $37 price target, citing the company's OS-agnostic solutions and potential for user growth in core markets and new use cases like elderly care and auto insurance.

Portfolio Pulse from Priya Nigam

July 02, 2024 | 4:35 pm

UBER

Josh Brown discussed Uber Technologies on CNBC, highlighting Deutsche Bank's bullish stance on the company. Uber shares experienced increased trading volume to the upside.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 4:34 pm