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HUBS

HubSpot's short interest has risen by 12.1%, with 1.76% of its float sold short. This is lower than the peer group average of 4.04%. The increase in short interest may indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:01 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 15 years with an average annual return of 15.27%, resulting in a $1000 investment growing to $8,298.44. The company currently has a market capitalization of $129.33 billion.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:00 pm

ASML

ASML Holding (NASDAQ:ASML) has significantly outperformed the market over the past 15 years, delivering an average annual return of 26.72%. A $100 investment in ASML 15 years ago would be worth $3,530.15 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:00 pm

BITF

MARA

RIOT

Riot Platforms (NASDAQ:RIOT) has proposed to acquire Bitfarms Ltd. (NASDAQ:BITF) and accumulated a 9.25% stake. Analysts believe this acquisition could make Riot the largest publicly traded Bitcoin miner by 2024, surpassing Marathon Digital Holdings (NASDAQ:MARA). The acquisition would diversify Riot's power footprint and increase its mining capacity significantly.

Portfolio Pulse from Nabaparna Bhattacharya

May 29, 2024 | 6:59 pm

COP

IEO

MRO

WEEI

ConocoPhillips (COP) is acquiring Marathon Oil Corporation (MRO) in an all-stock transaction valued at $22.5 billion. Roth MKM analyst Leo Mariani expects a negative short-term reaction for COP, but sees long-term benefits. The deal is expected to be accretive to COP's earnings and cash flow. Mariani maintains a Buy rating on COP with a $144 price target.

Portfolio Pulse from Lekha Gupta

May 29, 2024 | 6:54 pm

BATT

CPER

LAC

LIT

PLL

WBAT

The growing adoption of hybrid electric vehicles (HEVs) is set to impact the demand for key raw materials like lithium, rare earths, copper, and aluminum. While lithium and rare earths may see a decline in demand due to lower battery electric vehicle (BEV) sales, copper demand is expected to rise. ETFs such as LIT, BATT, WBAT, and CPER, along with companies like Lithium Americas Corp, Piedmont Lithium Inc, and MP Materials Corp, are directly affected by these shifts.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 6:47 pm

ARGX

BHVN

IMVT

Biohaven Ltd's (NYSE:BHVN) shares dropped significantly after interim data from a Phase 1 study of their investigational drug BHV-1300 fell short of investor expectations. The drug showed a 30% and 37% reduction in Immunoglobulin G (IgG) in the 3rd and 4th cohorts, respectively, which was below the anticipated 60% reduction. Comparatively, Immunovant Inc's (NASDAQ:IMVT) IMVT-1402 showed better results, and Argenx Inc's (NASDAQ:ARGX) Vyvgart demonstrated a 50% reduction in IgG within five to seven days.

Portfolio Pulse from Vandana Singh

May 29, 2024 | 6:47 pm

FTAI

FTAI Aviation Ltd (NASDAQ:FTAI) shares dropped by 7.2% to $78.54 after the company announced a secondary offering of shares by FIG LLC and an employee of FIG LLC. The offering, expected to close on May 30, will not provide proceeds to FTAI Aviation. Citigroup is the sole underwriter.

Portfolio Pulse from Henry Khederian

May 29, 2024 | 6:46 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares plummeted after disappointing FY23 sales results and Nasdaq compliance issues. The company missed sales estimates, withdrew its production target guidance, and received a Nasdaq notice for failing to file a timely 10-Q report. Despite these setbacks, Faraday Future plans to unveil a new strategy and ramp up production of its FF 91 vehicle.

Portfolio Pulse from Vaishali Prayag

May 29, 2024 | 6:43 pm

WMT

Walmart shares saw increased trading volume as reports circulated that incorrect prices were charged at 1,600 stores for several days.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 6:34 pm