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CIFR

Cipher Mining (NYSE:CIFR) has seen a 4.94% increase in its short percent of float, now at 9.56% of all regular shares available for trading. This is higher than the peer group average of 7.95%. It would take traders 2.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:00 pm

GILD

MU

SPY

Housing starts came in below estimates, Gilead Sciences saw a rise following positive HIV data, and Micron Technology fell amid concerns of delays in its Syracuse fab.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:58 pm

SNCY

Sun Country Airlines (NASDAQ:SNCY) shares surged after announcing an extended Air Transport Services Agreement with Amazon, potentially expanding its cargo fleet significantly by 2025. Morgan Stanley maintained an Overweight rating with a $21 price target.

Portfolio Pulse from Vaishali Prayag

June 20, 2024 | 7:53 pm

AAPL

AMZN

CMCSA

DIS

NFLX

PARA

WBD

Streaming companies like Netflix, Amazon, Apple, and Disney are focusing on profitable growth and reducing churn by introducing ad-supported tiers and bundles. Netflix leads in subscriber growth, while bundles are proving effective in retaining customers.

Portfolio Pulse from Natan Ponieman

June 20, 2024 | 7:53 pm

BYD

PENN

Boyd Gaming shares are trading lower following a report suggesting the company has made an acquisition approach to Penn Entertainment.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:39 pm

PENN

PENN shares are trading higher following a report suggesting Boyd Gaming made an acquisition approach to the company.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:37 pm

NEE

NextEra Energy shares are trading higher after JP Morgan maintained an Overweight rating and raised its price target from $76 to $90.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:36 pm

SPY

A Bank of America study reveals that wealthy young Americans are shifting their investments from traditional U.S. stocks to real estate, crypto, and alternative assets like watches and rare automobiles. This generational shift could impact the market dynamics significantly.

Portfolio Pulse from Chris Katje

June 20, 2024 | 7:31 pm

AMAT

The options market shows a bearish stance on Applied Materials (NASDAQ:AMAT) with 44% of trades being bearish. Significant trades include both puts and calls, with a price range target of $110 to $300. Analysts have mixed ratings, with price targets ranging from $225 to $300.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 7:31 pm

FCX

Freeport-McMoRan shares are trading higher due to an increase in copper prices.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:31 pm