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MTB

M&T Bank's (NYSE:MTB) short interest has decreased by 14.75% since the last report, with 3.05 million shares sold short, representing 2.08% of its float. This decline in short interest could indicate a more bullish sentiment towards MTB among investors. Compared to its peers, MTB has a lower short interest percentage of float, with the average being 3.71%.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 7:30 pm

HD

LOW

Home Depot Inc (NYSE:HD) is set to report its Q1 financial results with analysts expecting a slight year-over-year decline in revenue and earnings per share. Despite the challenging macro environment, Home Depot is anticipated to continue gaining market share, particularly among professional customers, compared to Lowe's Companies (NYSE:LOW). Analysts have generally positive ratings on HD, with price targets adjusted in light of the company's performance and market conditions. The report will also offer insights into the home improvement market, with a focus on home repairs over new home purchases and the growth in smart home products.

Portfolio Pulse from Chris Katje

May 13, 2024 | 7:25 pm

FFIE

LCID

RIVN

EV stocks are experiencing a rise following reports that President Biden plans to increase tariffs on Chinese EVs. This development could potentially benefit US-based EV manufacturers by making their products more competitive against Chinese imports.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 7:20 pm

GME

GameStop Corp (NYSE:GME) is expanding into the collectibles market by buying and selling Pokémon and other trading cards. This move leverages its existing trade-in system and focuses on graded cards authenticated by the Professional Sports Authenticator (PSA). Initially, GameStop will accept cards graded by PSA and valued at $500 or less, with plans to expand this service. The company's stock spiked by over 100% at one point, with a current increase of 78.5%, influenced by Keith Gill's (Roaring Kitty) social media activity.

Portfolio Pulse from Franca Quarneti

May 13, 2024 | 7:11 pm

NEGG

Newegg Commerce shares are experiencing an uptick, driven by momentum in stocks with high short interest.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 7:09 pm

BLDE

CHPT

ENVX

JPMorgan analysts highlight Blade Air Mobility Inc (BLDE), ChargePoint Holdings Inc (CHPT), and Enovix Corp (ENVX) as clean tech stocks with over 40% upside potential. Blade's strong Q1 performance and ChargePoint's market position, along with Enovix's cost reduction efforts, underscore their growth potential in the clean energy sector.

Portfolio Pulse from Surbhi Jain

May 13, 2024 | 7:05 pm

TSLA

Tesla Inc (TSLA) introduces a 0.99% APR financing offer for the Model Y to boost demand, amidst concerns about electric vehicle demand. The offer, available from May 10 through May 31, aims to enhance second-quarter figures after falling short of Q1 delivery estimates. The Model Y, the top-selling electric vehicle globally in 2023, is available at a starting price of $31,490 with federal tax credits and estimated gas savings.

Portfolio Pulse from Chris Katje

May 13, 2024 | 7:05 pm

ARUSD

Cryptocurrency Arweave (AR) has seen a decrease of 8.48% in its price over the last 24 hours, now at $38.81, continuing a weekly downward trend of -3.0%. Despite this, its trading volume has increased by 2.0% over the past week, and its circulating supply has risen by 0.74% to 65.45 million, nearly reaching its max supply. Arweave's market cap is currently ranked #48 at $2.53 billion.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 7:02 pm

IRBT

iRobot shares are trading higher amid strength in high-short interest stocks.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 7:01 pm

KLAC

KLA Corporation (NASDAQ:KLAC) has significantly outperformed the market with an annualized return of 45.78% over the past 5 years, turning a $1000 investment into $6,573.36 today. The company's market capitalization stands at $96.27 billion.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 7:00 pm