Streetbeat News

Stock Prices

FSK

FS KKR Capital's short interest has increased by 6.9%, with 4.33 million shares sold short, representing 1.55% of its float. This is below the peer group average of 3.69%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 6:30 pm

MDT

Medtronic's short interest has decreased by 23.26%, with 12.70 million shares sold short, representing 0.99% of its float. This is lower than the peer group average of 4.41%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 6:30 pm

MCD

TSLA

Elon Musk's playful engagement with Dogecoin continues as he revives his promise to eat a McDonald's Happy Meal if the fast-food chain adopts Dogecoin. Meanwhile, Musk is being considered for a potential government role in a proposed 'Department of Government Efficiency,' humorously dubbed 'DOGE.' This has led to a surge in Dogecoin's price and trading volume.

Portfolio Pulse from Murtuza Merchant

October 02, 2024 | 6:26 pm

CAG

EGRX

HUM

JOBY

RPM

U.S. stocks saw slight gains with the Nasdaq Composite up 0.2%. ConAgra Brands reported disappointing earnings, missing both EPS and revenue expectations. Joby Aviation surged 25% after Toyota's investment, while RPM International rose 7% on strong earnings. Humana shares fell 13% due to a decline in Stars performance, and Eagle Pharmaceuticals dropped 34% after announcing delisting from Nasdaq.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 6:24 pm

BAH

SAIC

JP Morgan analyst Seth M. Seifman has upgraded Science Applications International Corporation (SAIC) to Overweight and raised its price target, citing a growing pipeline and potential for improved margins. Conversely, Booz Allen Hamilton (BAH) was downgraded to Underweight due to expected normalization of growth and valuation challenges, despite a recent stock rebound.

Portfolio Pulse from Lekha Gupta

October 02, 2024 | 6:16 pm

AIT

Applied Industrial Techs (NYSE:AIT) has seen a 16.03% decrease in its short percent of float, now at 1.99%. This is lower than its peers' average of 4.64%, indicating a more bullish sentiment. It would take traders 2.6 days to cover short positions.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 6:15 pm

STX

Seagate Tech Hldgs (NYSE:STX) has seen a 5.56% decrease in its short percent of float, now at 6.29%. This suggests a more bullish sentiment compared to its peers, whose average short interest is 6.77%.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 6:15 pm

CFG

Citizens Financial Group (NYSE:CFG) has seen a 9.91% increase in its short percent of float, now at 3.77%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 3.43%. It would take traders 2.26 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 6:15 pm

AZO

DHI

LEN

ORLY

STZ

The International Longshoremen's Association strike could lead to supply constraints and price increases in the food and beverage, automotive, and construction sectors. Companies like Constellation Brands, AutoZone, O'Reilly Automotive, DR Horton, and Lennar may face operational disruptions.

Portfolio Pulse from Aaron Bry

October 02, 2024 | 6:15 pm

LLY

NVO

TNDM

RBC Capital Markets initiated coverage on Tandem Diabetes Care, Inc. (NASDAQ:TNDM) with an Outperform rating and a $65 price target. Despite the rise of GLP-1 drugs, the demand for Tandem's insulin pumps is expected to grow, driven by market expansion and product innovation. RBC projects profitability and positive EBITDA margins for Tandem by 2024.

Portfolio Pulse from Vandana Singh

October 02, 2024 | 6:11 pm