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SPY

Fed's Kugler has noted an increase in delinquencies, indicating that households are being financially stretched. This could have broader implications for the economy and financial markets.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:32 pm

AZTD

CART

MVPA

SBH

Instacart (NASDAQ:CART) and Sally Beauty Holdings (NYSE:SBH) have announced a nationwide partnership to offer same-day delivery from over 2,200 Sally Beauty stores. This collaboration aims to enhance Sally Beauty's e-commerce capabilities and meet the growing demand for quick delivery of beauty products. CART stock has gained 34% in the last six months, while SBH stock has lost over 19% in the same period. Investors can also gain exposure to CART via Tidal ETF Trust Aztlan Global Stock Selection DM SMID ETF (NYSE:AZTD) and Advisor Managed Portfolios Miller Value Partners Appreciation ETF (NYSE:MVPA).

Portfolio Pulse from Nabaparna Bhattacharya

June 18, 2024 | 5:31 pm

SPY

Federal Reserve's Logan suggests that the neutral interest rate is likely higher now compared to pre-pandemic levels and anticipates that rates will not return to their previous lows.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:31 pm

SAVE

Spirit Airlines (NYSE:SAVE) has seen a 4.51% increase in its short percent of float, now at 26.41%. This indicates a bearish sentiment among investors, as it would take 7.17 days to cover these short positions. Spirit Airlines' short interest is significantly higher than its peers, whose average is 9.82%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

CSL

Carlisle Companies (NYSE:CSL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 24.4%. A $1000 investment in CSL 5 years ago would be worth $3,019.72 today. The company's market capitalization is currently $19.76 billion.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

IT

Gartner (NYSE:IT) has significantly outperformed the market over the past 10 years, delivering an average annual return of 20.47%. A $1000 investment in Gartner 10 years ago would be worth $6,380.10 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

TRNR

Interactive Strength (NYSE:TRNR) has seen a significant rise in its short interest, with a 189.61% increase since its last report. The company now has 480 thousand shares sold short, representing 2.23% of its float. This is lower than the peer group average of 3.47%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

SPY

Federal Reserve's Logan stated that the Fed is in a good position to be patient with its policy decisions and will closely monitor economic developments. This suggests a cautious approach to future interest rate changes.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:29 pm

GOVX

GeoVax Labs (GOVX) shares have resumed trading after a temporary halt. Investors should monitor the stock for potential volatility.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:27 pm

SPY

Federal Reserve's Logan stated that inflation remains too high, but significant progress has been made in controlling it.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:27 pm