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GILD

Gilead Sciences (NYSE:GILD) has seen a 16.37% decrease in its short percent of float, now at 1.43% of available shares. This is lower than its peers' average of 6.43%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 4:00 pm

AFG

American Financial Group (NYSE:AFG) has outperformed the market over the past 20 years with an average annual return of 9.81%, surpassing the market by 1.42% annually. A $100 investment in AFG 20 years ago would now be worth $631.66.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 4:00 pm

TXN

Texas Instruments (NASDAQ:TXN) shares rose after the company provided optimistic guidance for 2026, projecting $26 billion in revenue and significant free cash flow per share. The company also adjusted its CapEx expectations and received a price target upgrade from Evercore ISI Group.

Portfolio Pulse from Adam Eckert

August 20, 2024 | 3:57 pm

AL

Air Lease (NYSE:AL) has seen a 22.85% decrease in its short percent of float, now at 2.33%. This is lower than its peers' average of 4.44%. The reduced short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 3:45 pm

WEX

WEX's short interest has increased by 169.79%, with 1.90 million shares sold short, representing 5.18% of its float. This is slightly below the peer group average of 5.59%. The rise in short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 3:45 pm

LMT

Lockheed Martin's short interest has increased by 47.06%, with 2.51 million shares sold short, representing 1.25% of its float. This is below the peer group average of 2.98%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 3:45 pm

FUBO

PARA

PARAA

ROKU

A bidding war for Paramount Global Inc is intensifying as Edgar Bronfman Jr. counters Skydance's $28 billion merger offer with a $4.3 billion bid, planning to raise more. Bronfman's bid aims to avoid dilution concerns for existing shareholders and includes financing from various investors.

Portfolio Pulse from Chris Katje

August 20, 2024 | 3:39 pm

BAC

BRK/B

Warren Buffett has sold 13,968,943 shares of Bank of America stock at an average price of $39.42 per share, as reported in a recent SEC Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 3:36 pm

TNXP

Tonix Pharmaceuticals shares are trading lower following the announcement of the first patient being dosed in a Phase 2 trial for TNX-1300, aimed at treating acute cocaine intoxication.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 3:35 pm

GOOG

NVDA

QQQ

SPY

TSLA

The stock market is currently overbought, driven by Nvidia's upcoming earnings and expectations from the Jackson Hole meeting. Nvidia's stock is particularly overbought, with its RSI indicating a potential resistance zone. Money flows are positive for Alphabet and Tesla, neutral for Apple, Amazon, Meta, Microsoft, and Nvidia, and negative for SPY and QQQ ETFs. Investors are advised to be cautious and consider protection strategies.

Portfolio Pulse from The Arora Report

August 20, 2024 | 3:34 pm