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FSLR

First Solar Inc (NASDAQ:FSLR) is positioned to benefit from the AI-driven surge in electricity demand. UBS analysts have raised their price target to $270, citing the company's alignment with renewable energy needs for AI applications. First Solar's expansion in U.S. manufacturing and favorable policies like the Inflation Reduction Act further bolster its growth prospects. Despite strong technical indicators, caution is advised due to the stock's overbought status.

Portfolio Pulse from Surbhi Jain

May 27, 2024 | 7:50 pm

Wayfair's short interest has risen by 8.84%, with 20.73 million shares sold short, representing 30.65% of its float. This is significantly higher than its peers' average of 13.70%. It would take traders 3.23 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 7:45 pm

BTCUSD

ETHUSD

LDOUSD

PEPEUSD

10x Research's recent newsletter highlights the ongoing Ethereum rally, driven by the anticipation of spot Ethereum ETFs. The newsletter suggests that traders should adopt bullish positions, noting significant increases in Ethereum futures open interest and DeFi's total value locked. Ethereum-related tokens like Ondo Finance and Ethereum-based meme coins such as Pepe have also seen substantial gains.

Portfolio Pulse from Ivan Crnogatić

May 27, 2024 | 7:18 pm

MATICUSD

Polygon (MATIC) has seen a 4.15% price increase in the past 24 hours, continuing a positive trend with a 7.0% gain over the past week. Trading volume has climbed 27.0%, while circulating supply decreased by 0.21%. The current market cap is $6.95 billion, ranking MATIC at #22.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 7:03 pm

AVAXUSD

Avalanche's (CRYPTO: AVAX) price has increased by 4.05% in the past 24 hours, continuing a positive trend over the past week. Despite the price rise, trading volume has decreased by 9.0%, while the circulating supply has increased by 2.37%. The current market cap ranking for AVAX is #13 at $15.06 billion.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 7:02 pm

LINKUSD

Chainlink (LINK) has seen a price increase of 9.27% in the past 24 hours, reaching $18.69. Over the past week, the price has risen by over 13%. Despite the price increase, trading volume has decreased by 7% and circulating supply has fallen by 0.12%. The current market cap is $10.98 billion, ranking it #14.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 7:01 pm

SOLUSD

Solana's (SOL) price has increased by 5.12% within the past 24 hours to $170.21, despite a 5.0% loss over the past week. The trading volume has decreased by 18.0% over the past week, and the circulating supply has decreased by 0.11% to over 449.52 million. Solana's market cap is currently ranked #5 at $76.52 billion.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 7:00 pm

AMD

INTC

NVDA

QCOM

QQQ

TSM

VGT

XLK

Computex 2024 is set to be a landmark event for the tech industry, with major companies like Qualcomm, Intel, AMD, and Nvidia showcasing their latest innovations in AI and other technologies. Investors are keenly watching for opportunities in tech stocks, with historical data suggesting positive returns following the event.

Portfolio Pulse from Surbhi Jain

May 27, 2024 | 6:53 pm

AAPL

The U.S. financial markets will transition from a T+2 to a T+1 settlement cycle starting Tuesday, aimed at enhancing market efficiency and reducing risks. This change will impact the timing of securities transactions, requiring faster delivery and payment. The shift may incur significant financial costs, particularly for institutional investors.

Portfolio Pulse from Piero Cingari

May 27, 2024 | 6:13 pm

FSLR

First Solar (NYSE:FSLR) has seen a rise in its short percent of float by 11.52%, with 5.14 million shares sold short, representing 6.29% of its float. This is higher than the peer group average of 4.40%. It would take traders 2.42 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 6:00 pm