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SPOT

Spotify Technology S.A. (NYSE:SPOT) shares surged on reports of planned subscription price increases in several key markets, including the UK, Australia, Pakistan, and later in the U.S. The price hike, aimed at covering audiobook costs, is expected to be $1 to $2 per month. Spotify also plans to introduce a new basic subscription excluding audiobooks. Shares were up 5.68% at $284.88.

Portfolio Pulse from Adam Eckert

April 03, 2024 | 2:30 pm

ES

Eversource Energy's (NYSE:ES) short interest has decreased by 11.82% since the last report, with 5.21 million shares sold short, representing 1.94% of its float. The current short interest suggests a bullish sentiment compared to its peers, where the average short interest as a percentage of float is 2.68%.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 2:30 pm

KSS

Kohl's (NYSE:KSS) has seen a 25.17% increase in its short percent of float since the last report, with 34.76 million shares sold short, representing 35.26% of available shares. This places Kohl's well above its peer group average for short interest, which is 7.31%. The rise in short interest indicates a more bearish market sentiment towards Kohl's, although it doesn't necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 2:30 pm

FCFS

FirstCash Hldgs (NYSE:FCFS) has seen a 22.3% increase in short interest since its last report, with 508 thousand shares sold short, representing 1.7% of its float. This indicates a bearish market sentiment towards FCFS, despite short interest being lower than its peer group average of 8.36%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 2:30 pm

SINT

SINTX Technologies Inc (NASDAQ:SINT) shares plummeted by 42% to $0.024 after announcing a $1.5 million public offering of common stock at $0.021 per share. The offering of 71.6 million shares aims to raise funds for working capital and general corporate purposes, with Maxim Group LLC as the placement agent. The offering is expected to close on April 5.

Portfolio Pulse from Henry Khederian

April 03, 2024 | 2:29 pm

JNJ

NVDA

SWAV

The PCE Index report, seen as a key inflation metric by the Federal Reserve, showed mixed signals, leading to debates among hawks and doves regarding interest rate directions. Shockwave Medical ($SWAV) received a takeover offer from Johnson & Johnson (NYSE:JNJ), significantly boosting its stock price. Enrique Abeyta highlighted a technical indicator predicting stock market trends. Nvidia ($NVDA) lost a $750MM order to Samsung, marking its first loss of the year. Consumer confidence remains stable, but future expectations suggest a potential recession.

Portfolio Pulse from Gary Brode

April 03, 2024 | 2:23 pm

VEV

Vicinity Motor's shares have declined following the announcement of a year-over-year decrease in their Q4 earnings per share (EPS) results.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 2:23 pm

EL

Estee Lauder's stock price declined following Ulta Beauty's announcement of weak guidance at a conference, indicating potential industry-wide concerns.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 2:18 pm

RVSN

Rail Vision Ltd. (NASDAQ:RVSN) shares rose after announcing an order for its AI-driven Switch Yard System from Loram, marking the start of a pilot project aimed at improving rail track maintenance. Success could lead to broader integration of Rail Vision's solutions in Loram's services nationwide. Despite a 71% loss in the past year, RVSN shares increased by 4.97% to $2.1099.

Portfolio Pulse from Nabaparna Bhattacharya

April 03, 2024 | 2:18 pm

CCTS

VVPR

VivoPower International PLC (NASDAQ:VVPR) shares surged over 300% after announcing a stock buyback program and a merger between its Tembo subsidiary and Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS), with heavy trading volume. The stock's year-to-date gain is 120.19%, outperforming its historical averages, despite an RSI of 97.76 indicating overbought conditions.

Portfolio Pulse from Erica Kollmann

April 03, 2024 | 2:18 pm