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CSX

CSX Corporation's (NYSE:CSX) short interest has increased by 7.14% since the last report, with 23.39 million shares sold short, representing 1.2% of its float. It would take approximately 2.34 days to cover these short positions based on current trading volume. This rise in short interest can indicate a more bearish market sentiment towards CSX, although it has less short interest compared to its peer group average of 6.54%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are shorting more shares.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:50 pm

INBS

Intelligent Bio Solutions (NYSE:INBS) has seen a 57.64% increase in short interest, now at 90 thousand shares or 3.2% of float. This is above the peer group average of 2.22%. High short interest can indicate bearish market sentiment but may also present bullish opportunities.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:50 pm

EDBL

Edible Garden's stock was temporarily halted due to a circuit breaker triggered by a downside movement, but it has since recovered, now showing an 18.1% increase.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:43 pm

SPY

Fed's Bowman stated that it's not time for the U.S. Central Bank to consider cutting interest rates, asserting that the current policy is well-suited for the economy's state. However, she mentioned that rates could be cut 'eventually' if inflation continues to decrease, but warned that cutting rates too soon could risk a rebound in inflation pressures.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:39 pm

GRIN

MVST

PMEC

In Friday's intraday session, several industrials stocks experienced significant movements. Grindrod Shipping Holdings led the gainers with a 28.3% increase, while Primech Holdings topped the losers, dropping 15.3%. Other notable movers include Globavend Holdings, Shengfeng Development, and Blade Air Mobility on the gainers' side, and noco-noco, Microvast Holdings, and iPower among the losers. Microvast Holdings' recent Q4 earnings release is highlighted as a potential factor for its stock movement.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:39 pm

ACOR

CADL

GALT

OCGN

In Friday's intraday session, several healthcare stocks experienced significant movements. Candel Therapeutics, Galectin Therapeutics, and Ocugen were among the top gainers, with notable increases in their stock prices. Conversely, Acorda Therapeutics, Aesthetic Medical Intl, and Ontrak were among the top losers, experiencing significant declines. The movements were attributed to various factors, including quarterly earnings releases for some companies.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:39 pm

CCTG

MYSZ

SQNS

STIX

UTSI

The article reports on the intraday movement of 9 Information Technology stocks, highlighting both gainers and losers. UTStarcom Holdings, My Size, and CCSC Technology were among the gainers, with increases in their stock prices. On the losing end, Semantix, XTI Aerospace, UTime, Sequans Communications, Semilux International, and MicroCloud Hologram saw declines in their stock values. The movements reflect varying market capitalizations and recent company developments, such as quarterly earnings.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:39 pm

DOGZ

FTEL

JZXN

ZGN

In Friday's intraday session, several consumer discretionary stocks experienced significant movements. Notable gainers included Fitell, Dogness (Intl), E-Home Household Service, Sonder Holdings, Fenbo Holdings, and PlayAGS, with increases ranging from 10.02% to 16.4%. Conversely, Jiuzi Holdings, Selina Hospitality, Volcon, Ermenegildo Zegna, Allurion Technologies, and Cazoo Gr were among the losers, with declines ranging from 15.25% to 23.9%.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:39 pm

MBGAF

MBGYY

RIVN

TSLA

Workers at Mercedes Benz Group AG's Alabama factory petitioned for a UAW union election, aiming to file with the NLRB. The UAW claims over 5,000 workers support joining, with a vote expected by early May. Mercedes denies violating Germany's global supply chain law. The UAW's efforts extend to other non-union automakers like Hyundai, Toyota, Tesla, and Rivian, with UAW President Shawn Fain seeking to expand union representation. President Biden supports UAW's efforts. Volkswagen workers in Tennessee also seek a UAW vote.

Portfolio Pulse from Shivani Kumaresan

April 05, 2024 | 4:39 pm

AAPL

AMC

AMZN

NVDA

With interest rates at their highest in over two decades, investors are increasingly turning to corporate bonds, seeking higher yields and diversification from equities. Investment-grade bonds, issued by stable companies, offer safer investment options compared to high-yield bonds from riskier firms. Companies like Nvidia, Amazon, Apple, Eli Lilly, and Walt Disney are rated as investment grade, while AMC Entertainment, Office Property Income Trust, and Navient Corporation are considered speculative grade. The article lists the top 10 investment-grade corporate bonds with the highest yields as of April 2024, including issuers like Prospect Capital, Piedmont Office Realty Trust, Td Synnex Corp, Charter Communications, Vornado Realty Trust, Ford Motor Co, Monsanto (owned by Bayer A.G.), Vici Properties, Ally Financial, and Concentrix Corp.

Portfolio Pulse from Piero Cingari

April 05, 2024 | 4:24 pm