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VEEV

Veeva Systems (NYSE:VEEV) has seen a decrease in short interest, with 2.39 million shares sold short, representing 1.49% of its float. This is a decline of 3.25% from its last report, indicating a potential shift in market sentiment towards the stock. Compared to its peers, Veeva has a lower short interest percentage of 1.49% versus the peer group average of 6.08%, suggesting less bearish sentiment among investors towards VEEV.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 4:15 pm

UAL

United Airlines shares are trading higher following price target upgrades from multiple analysts.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:13 pm

CRSP

Citigroup analyst Yigal Nochomovitz has maintained a Buy rating on CRISPR Therapeutics (NASDAQ:CRSP) and increased the price target from $88 to $89.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:12 pm

BSY

Bentley Systems is reportedly exploring options, including a potential sale, which has led to its shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:11 pm

ALK

During a conference call, Alaska Air's CFO stated that there is no indication of demand slowing down and the company does not anticipate any decrease in demand.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:10 pm

SMFL

Smart for Life, Inc. (NASDAQ:SMFL) announced a 1-for-7 reverse stock split effective April 22, 2024, to maintain Nasdaq listing compliance and support future acquisitions. The split-adjusted trading will start on the same date under the same symbol 'SMFL' with a new CUSIP number 83204U608.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:10 pm

SPY

Fed's Bostic expressed that inflation remains high and the journey to achieving a 2% inflation target is expected to be slower and more turbulent than anticipated. Despite the slow progress, Bostic is not in a rush to reach the target, emphasizing the importance of maintaining job growth and wage increases. He suggests that if these conditions are met and inflation continues to move towards the target, there may be no immediate need to adjust current interest rates.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:08 pm

AGBA

BPTH

DHI

LAC

ME

NRXP

SPCB

U.S. stocks traded higher with the S&P 500, Dow, and NASDAQ all seeing gains. D.R. Horton reported better-than-expected Q2 results. AGBA Group announced a merger with Triller, causing its shares to surge. 23andMe and Bio-Path Holdings also saw significant stock increases, while SuperCom, Lithium Americas, and NRx Pharmaceuticals experienced declines. Oil prices edged lower, while gold, silver, and copper traded higher. European and Asian markets mostly rose, with economic data indicating mixed signals.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 4:08 pm

BSY

Bentley Systems (BSY) shares resumed trading after a temporary halt due to a circuit breaker trigger. This event typically occurs in response to significant price movements, indicating a period of high volatility for the stock.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:07 pm

AMZN

On CNBC, Jim Labenthal announced he has increased his investment in Amazon.com, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:06 pm