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Stock Prices

HWM

Howmet Aerospace (NYSE:HWM) has seen a 13.18% increase in its short percent of float, now at 2.49%. This indicates a bearish sentiment among investors, although it doesn't necessarily predict a near-term price drop. The company's short interest is higher than its peers, which average 2.36%.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 4:00 pm

CTRA

20 analysts have recently published ratings on Coterra Energy (NYSE:CTRA), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $33.4, reflecting a 5.6% rise from the previous target. Key financial indicators show a decline in revenue but strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 4:00 pm

DECK

Deckers Outdoor Corporation (NYSE:DECK) shares surged after the company reported better-than-expected Q4 earnings and sales. Despite a slightly lower fiscal year outlook, several analysts raised their price targets for the stock.

Portfolio Pulse from Erica Kollmann

May 24, 2024 | 3:59 pm

AMD

ENTG

INTC

MRVL

MU

NVDA

QCOM

Shares of semiconductor and chip stocks are trading higher following a strong earnings report from NVIDIA this week.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 3:58 pm

COF

WMT

Walmart Inc. (NYSE:WMT) and Capital One Financial Corporation (NYSE:COF) have ended their exclusive agreement for the Walmart Consumer Credit Cards. Despite the termination, current cardholders will not see immediate changes. Both companies' shares are trading higher following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2024 | 3:58 pm

OND

SPOT

WBIL

Spotify Technology SA (NYSE:SPOT) has discontinued its Car Thing device to focus on new user features. Despite the discontinuation, Spotify's stock is trading higher, reflecting investor confidence in the company's strategic shift. The company reported strong fiscal first-quarter 2024 results, with revenue and EPS beating analyst estimates. Investors can gain exposure to Spotify through ProShares On-Demand ETF (NYSE:OND) and WBI BullBear Quality 3000 ETF (NYSE:WBIL).

Portfolio Pulse from Anusuya Lahiri

May 24, 2024 | 3:47 pm

FRPT

Freshpet's (NYSE:FRPT) short percent of float has increased by 5.34%, with 12.43% of its shares sold short. This is significantly higher than its peers' average of 3.71%. It would take traders 14.76 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 3:45 pm

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) leads the global chip market by revenue in Q1, while China's SMIC climbs to third place. TSMC holds 62% market share, followed by Samsung Foundry at 13%, and SMIC at 6%. SMIC's revenue increased by 19.7% YoY, driven by demand recovery in China. TSMC projects 10% annual growth in the semiconductor industry, excluding memory chips, and expects up to 30% Q2 sales growth.

Portfolio Pulse from Anusuya Lahiri

May 24, 2024 | 3:43 pm

PDD

PDD Holdings shares are trading higher following an upgrade from Goldman Sachs, which raised the stock rating from Neutral to Buy and increased the price target from $145 to $184.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 3:37 pm

DELL

Dell shares are trading higher, likely due to strength in AI-related stocks following NVIDIA's earnings and the introduction of a portfolio of AI PCs.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 3:37 pm