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SPY

Goldman Sachs' CEO highlighted ongoing headwinds affecting the market, including inflation concerns, challenges in the commercial real estate sector, and rising geopolitical tensions. Despite market expectations of a soft landing, the future trajectory remains uncertain.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:40 pm

BTCUSD

COREUSD

ETHUSD

TIAUSD

Bitcoin and Ethereum saw significant gains, with Bitcoin surpassing the $66,000 mark and Ethereum trading above $3,200. Core emerged as the top gainer with a 51.2% increase, while Celestia was the biggest loser. The global crypto market cap rose to $2.42 trillion, marking a 4.1% increase over 24 hours.

Portfolio Pulse from Avi Kapoor

April 15, 2024 | 1:37 pm

TTWO

Take-Two Interactive's (NYSE:TTWO) short interest has decreased by 6.21% since the last report, with 8.49 million shares sold short, representing 5.59% of its float. This decline in short interest could indicate a more bullish sentiment among investors towards TTWO, despite it having a higher short interest than its peer group average of 3.83%.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 1:30 pm

KHC

Kraft Heinz (NYSE:KHC) has seen a 6.75% increase in short interest since its last report, with 22.41 million shares sold short, representing 2.53% of its float. The current short interest suggests a bearish market sentiment, although it's lower than the peer group average of 4.44%. The article highlights the importance of monitoring short interest as it reflects market sentiment towards a stock.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 1:30 pm

UBER

Uber Technologies (NYSE:UBER) has seen a decrease in short interest, now at 2.7% of its float, down 6.25% from the last report, with 54.10 million shares sold short. It would take about 4.13 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards UBER among traders. Compared to its peers, UBER has a significantly lower short interest percentage, with the peer group average at 12.93%.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 1:30 pm

TSLA

Drew Baglino, a key figure at Tesla, has reportedly resigned from the company, according to Bloomberg reporter Ed Ludlow on X. This departure is said to be a resignation rather than a result of layoffs.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:30 pm

OAIB

The U.S. and U.K. governments announced new sanctions against Russia, targeting the country's metal exports, including aluminum, copper, and nickel, to limit Russia's war revenue against Ukraine. These sanctions prohibit new imports of these metals into the U.S. and U.K. and their trading on the London Metal Exchange (LME) and Chicago Mercantile Exchange (CME). This move is expected to impact global metal supply and prices, given Russia's significant contribution to global metal markets. The article suggests that investing in metals through ETFs like the AiLA Long-Short Base Metals Strategy ETF (OAIB) could be a strategic move for investors, highlighting OAIB's market-neutral strategy and its track record of a 12.65% annualized return from 2017-2023.

Portfolio Pulse from Johnny Rice

April 15, 2024 | 1:23 pm

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MRX

Marex Group plc has initiated an IPO of 15,384,615 ordinary shares, priced between $18-$21 each. The shares, representing a mix of new and selling shareholder offerings, are expected to list on the Nasdaq under the symbol 'MRX'. Barclays, Goldman Sachs, Jefferies, and Keefe, Bruyette & Woods lead the offering, with Citigroup, UBS, Piper Sandler, and HSBC as bookrunners, and Drexel Hamilton and Loop Capital as co-managers.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:23 pm

APG

APi Group Corporation (NYSE:APG) is set to acquire Elevated Facility Services Group for approximately $570 million in cash, aiming to expand its safety services market. The acquisition, expected to close in Q2 2024, is anticipated to add $220 million in annual revenue and be accretive to adjusted earnings per share. APi has revised its Q1 FY24 revenue outlook upwards and expects increased adjusted EBITDA and free cash flow. APG shares closed down 2.08% at $38.56.

Portfolio Pulse from Shivani Kumaresan

April 15, 2024 | 1:22 pm

AAPL

GLD

NVDA

TSLA

The top 10 trending stocks on WallStreetBets as of April 15, 2024, include a mix of technology, cannabis, and gold ETFs, showcasing diverse investor interest. Companies like Tesla, Nvidia, and Apple are highlighted alongside ETFs such as GLD, reflecting a wide range of trading strategies and market focuses.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:21 pm