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ARGT

TSLA

Argentina's Presidential Spokesperson announced that presidential candidate Javier Milei is scheduled to visit the Tesla factory in the U.S. and meet with CEO Elon Musk this week, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:44 pm

AGI

FCX

HBM

TSLA

Bank of America projects gold prices to reach $3,000 per ounce by 2025, driven by strong demand from central banks and anticipated investor return as interest rates drop. The bank also warns of a copper supply crisis, predicting prices to hit $12,000 per tonne by 2026 due to green technology investments and global economic recovery. Alamos Gold Corp. (AGI), Freeport-McMoran Inc. (FCX), and Hudbay Minerals Inc. (HBM) ratings were upgraded to Buy, while Tesla Inc. (TSLA) is noted for reducing copper use in its latest EV technology.

Portfolio Pulse from Piero Cingari

April 09, 2024 | 2:44 pm

AMD

TSLA

BlackBerry Limited announced a collaboration with Advanced Micro Devices, Inc. to enhance next-generation robotic systems, causing its shares to rise 9%. Other stocks like Nurix Therapeutics, Taysha Gene Therapies, and Tesla also saw significant gains due to various factors including strategic collaborations, analyst ratings, and annual reports.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 2:43 pm

GOOG

GOOGL

SPY

TLRY

Google announced the launch of its ARM-based data center processors, leading to potential shifts in the tech and data center markets. Meanwhile, Tilray's performance has negatively influenced the cannabis sector, contributing to a downturn. Additionally, the S&P 500 experienced a decline, reflecting broader market sentiments.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:33 pm

CROX

Crocs, Inc. (NYSE:CROX) has seen a 21.57% increase in its short percent of float since the last report, with 5.50 million shares sold short, representing 12.57% of available shares. This indicates a bearish market sentiment towards CROX, although it doesn't necessarily predict a price drop. Crocs's short interest is higher than its peer group average of 7.12%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 2:30 pm

SAIA

Saia Inc. (NYSE:SAIA) has seen a 7.38% increase in short interest since its last report, with 1.46 million shares sold short, representing 6.98% of its float. This indicates a bearish market sentiment, although it's not a definitive predictor of stock price movement. Saia's short interest is higher than its peer group average of 4.30%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 2:30 pm

BBAI

BigBear.ai Holdings (NYSE:BBAI) has seen a 21.38% increase in short interest since its last report, with 14.16 million shares sold short, representing 10.39% of its float. This is significantly higher than its peer group average of 3.49%. The rise in short interest suggests a bearish market sentiment towards BBAI, but it's important to note that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 2:30 pm

VINC

Vincerx Pharma Inc (NASDAQ:VINC) reported preliminary Phase 1 data for VIP236 and updates on its pipeline at the AACR Annual Meeting 2024. The data showed no dose-limiting toxicity and stable disease in some patients. Additionally, Vincerx presented promising preclinical results for its VersAptx platform. Despite these updates, VINC shares plummeted by 73.30% to $1.27.

Portfolio Pulse from Vandana Singh

April 09, 2024 | 2:29 pm

ALK

UAL

United Airlines Holdings Inc (NASDAQ:UAL) is delaying the launch of two new routes due to growth constraints amid a safety review by the FAA. The Newark to Faro route is postponed to summer 2025, and the Tokyo to Cebu route is rescheduled for October 27. The FAA's enhanced oversight follows recent safety incidents, including an Alaska Air Group, Inc. (NYSE:ALK) incident. United is offering full refunds or rebooking to affected customers. UAL shares traded higher by 0.51% at $43.53.

Portfolio Pulse from Shivani Kumaresan

April 09, 2024 | 2:29 pm

TRNS

Transcat announced that Mark Doheny will step down as COO effective immediately, and Mike West has been appointed as the new COO.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:19 pm