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BABA

Alibaba Group Holding Ltd (NYSE:BABA) has released Qwen 2, an updated version of its AI model, receiving positive feedback from Citron Research. Citron's Andrew Left highlighted the potential for Alibaba's shares to attract mainland buyers through Stock Connect by September 9. The new AI model, Qwen 2, claims to outperform OpenAI's GPT-4 in language skills and offers significant improvements in coding, mathematics, and multilingual support.

Portfolio Pulse from Michael Juliano

June 07, 2024 | 5:52 pm

BLNK

Blink Charging's (NYSE:BLNK) short interest has fallen by 5.17% since its last report, with 19.47 million shares sold short, representing 19.79% of its float. This is higher than the peer group average of 9.73%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:45 pm

STRL

Sterling Infrastructure (NYSE: STRL) has seen a 3.76% increase in its short percent of float, now at 4.41%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.95%. It would take traders 2.61 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:45 pm

WAY

Waystar Holding's IPO shares opened for trade at $21 per share, slightly below the IPO price of $21.50 on 45 million shares.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 5:42 pm

APD

Air Products and Chemicals shares are trading higher after the company announced a 15-year agreement with TotalEnergies for the annual supply of 70,000 tons of green hydrogen in Europe starting in 2030.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 5:41 pm

AAPL

APP

CRM

MARA

MCHP

MSFT

NVDA

RIOT

SMCI

TSM

The article highlights unusual options activity in the Information Technology sector, focusing on large trades by 'whales' in companies like NVDA, MARA, MSFT, TSM, AAPL, CRM, APP, MCHP, RIOT, and SMCI. These activities can indicate potential short-term price movements.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:35 pm

GME

Roaring Kitty (Keith Gill) returned to YouTube after three years to share his updated thesis on GameStop (GME), expressing strong support for CEO Ryan Cohen and the company's transformation. Gill's livestream attracted over 600,000 viewers, causing high volatility in GameStop shares, which were halted multiple times. Despite his enthusiasm, GameStop shares fell during the stream. Gill's portfolio showed the E*Trade logo, a unit of Morgan Stanley (MS), which he mentioned in the context of potential account restrictions.

Portfolio Pulse from Chris Katje

June 07, 2024 | 5:34 pm

CCI

Crown Castle (NYSE:CCI) has outperformed the market over the past 20 years with an average annual return of 9.97%, resulting in a $100 investment growing to $672.37. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:30 pm

NKE

Nike (NYSE:NKE) has outperformed the market over the past 20 years with an average annual return of 12.68%, resulting in a $100 investment growing to $1,096.06. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:30 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher following the announcement of the launch window for its 50th Electron launch. The mission, scheduled for June 19th, 2024, will deploy five Internet-of-Things satellites for the French company Kinéis. This milestone highlights Rocket Lab's significant achievement in spaceflight and its role in enhancing global IoT connectivity.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2024 | 5:26 pm