Streetbeat News

Stock Prices

SNA

Analysts have mixed views on Snap-on (NYSE:SNA) with recent ratings showing a mix of bullish and bearish perspectives. The average 12-month price target has increased by 6.99% to $327.6. Snap-on's financials reveal a decline in revenue growth but strong net margins and efficient asset management.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:00 pm

VRNS

Varonis Systems (NYSE:VRNS) has seen a 3.44% decrease in its short percent of float, now at 9.81%. This is higher than its peers' average of 4.50%. It would take traders 7.74 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:00 pm

HE

Hawaiian Electric Industries (NYSE:HE) has seen a decrease in its short percent of float by 11.76%, with 15.63 million shares sold short, representing 9.08% of its float. This is higher than the peer group average of 3.19%. The decrease in short interest may indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:00 pm

USFD

US Foods Hldg (NYSE:USFD) has seen a significant decrease in its short percent of float, dropping by 42.79% since the last report. Currently, 3.19 million shares are sold short, representing 1.31% of the total float. This is lower than the peer group average of 4.57%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:00 pm

SOLUSD

Solana's price has risen by 5.01% in the last 24 hours, reaching $155.94, with a weekly increase of over 7%. The trading volume has increased by 3%, and the circulating supply has grown by 0.1%. Solana's market cap is ranked #5 at $73.31 billion.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:00 pm

HUM

Traders are circulating an unconfirmed rumor from a blog suggesting that Humana has received a takeover bid. This has caught the attention of market participants, although the information is not verified.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:59 pm

ACHC

Acadia Healthcare shares are declining due to a report that the Veterans Department is investigating the company for insurance fraud.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:56 pm

GDX

ISRG

NFLX

TSMC

VOO

The Vanguard S&P 500 ETF (VOO) gained 0.7% this week due to positive earnings and macroeconomic factors. Netflix and Intuitive Surgical's strong earnings contributed to the rise, while semiconductor stocks, led by Taiwan Semiconductor, boosted the tech sector. Gold miners also saw gains, balancing weaker energy sector performance. Positive retail sales and jobless claims data supported market optimism.

Portfolio Pulse from Henry Khederian

October 18, 2024 | 6:54 pm

DIA

QQQ

SPY

Major indexes are experiencing gains due to a rebound in chip stocks and positive earnings reports from banks.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:54 pm

AMZN

SMR

NuScale Power Corp (NYSE:SMR) has seen its stock rise over 100% in the past month, driven by its unique position as the only U.S. company with a Small Modular Reactor (SMR) design license. The stock's surge is partly due to a high short interest of 23.88%, suggesting a potential short squeeze. Despite being in overbought territory, technical indicators show continued bullish momentum. However, challenges like high cash burn and funding needs remain.

Portfolio Pulse from Surbhi Jain

October 18, 2024 | 6:49 pm