Streetbeat News

Stock Prices

DPZ

Domino's Pizza (NYSE:DPZ) has seen a rise in its short interest, now at 5.74% of its float, indicating increased bearish sentiment. However, this is still below the peer group average of 9.83%.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

SPOT

Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years with an average annual return of 20.67%, resulting in a significant growth in investment value. A $1000 investment in SPOT 5 years ago would now be worth $2,529.38.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

MTSI

MACOM Technology Solutions (NYSE:MTSI) has seen a 4.08% decrease in its short percent of float, now at 7.05%. This is higher than its peers' average of 4.12%. It would take traders 6.38 days to cover short positions. A decrease in short interest can indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

CRH

CRH (NYSE:CRH) has significantly outperformed the market over the past 5 years, with an annualized return of 21.24%. A $1000 investment in CRH 5 years ago would now be worth $2,619.10, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

OBLG

Oblong's short interest has decreased by 60.64%, with 102,000 shares sold short, representing 0.37% of its float. This is lower than its peers' average short interest of 2.49%. A decrease in short interest can indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

CCL

CRUZ

NBCC

Carnival Corporation (NYSE:CCL) announced new itineraries for 2026 and 2027, including exclusive destinations and new ships. The company also signed a deal for three LNG-powered ships. CCL shares rose 3.55% recently and 10% over the past year. Investors can access CCL via ETFs like CRUZ and NBCC.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 4:57 pm

DIA

NVDA

QQQ

SPY

The Dow Jones Industrial Average (DJIA) reached an all-time high due to a rotation into cyclical and interest rate-sensitive stocks, while AI and semiconductor stocks, including Nvidia, faced selling pressure ahead of Nvidia's earnings report. The options market anticipates a 9% move post-earnings, with the momo crowd expecting a significant upside. Money flows are negative in major tech stocks and ETFs like SPY and QQQ.

Portfolio Pulse from The Arora Report

August 27, 2024 | 4:45 pm

TMHC

Taylor Morrison Home's short interest has decreased by 7.44%, with 2.30 million shares sold short, representing 3.11% of the float. This is lower than the peer group average of 5.97%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 4:45 pm

CRS

Carpenter Technology (NYSE:CRS) has seen a 24.65% increase in its short percent of float, now at 4.5%. This indicates a rise in bearish sentiment, although its short interest is still below the peer group average of 4.95%.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 4:45 pm

VRTX

Vertex Pharmaceuticals (VRTX) has seen a 23.12% increase in short interest, with 5.08 million shares sold short, representing 1.97% of its float. This is below the peer group average of 6.40%. The rise in short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 4:45 pm