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SONY

The release of the Shadow of the Erdtree expansion trailer for Elden Ring, developed by Sony Group Corp.'s FromSoftware, has significantly increased player engagement on Valve's Steam platform, with player counts rising to 112,406 in the last 24 hours from 45,866 the day before. The game also climbed the ranks on Xbox's most-played games list, moving from 36th to 21st. The expansion, set for release on June 21, includes new bosses, abilities, and gameplay enhancements.

Portfolio Pulse from Franca Quarneti

March 04, 2024 | 5:52 pm

BTCUSD

Bitcoin (BTC) reached new all-time highs in euros and British pounds, trading as high as EUR61,558.63 and GBP52,607.2, respectively. Its market capitalization is now $1.3 trillion, with the global cryptocurrency valuation at $2.47 trillion. The European Central Bank criticized Bitcoin, calling it prone to fraud and manipulation, and lacking fair value. Despite this, Bitcoin's performance against major currencies continues to strengthen, with anticipation building for it to reach new highs against the U.S. dollar.

Portfolio Pulse from Khyathi Dalal

March 04, 2024 | 5:52 pm

RUM

Rumble shares experienced an increase amid fluctuations in stocks related to Donald Trump following his victories in the Missouri and Idaho Republican caucuses. Additionally, the Supreme Court decided that Colorado cannot exclude Donald Trump from the Republican primary ballot in the state.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:48 pm

BABA

BEKE

GOTU

HTHT

JD

PDD

TAL

Chinese stocks are trading lower in anticipation of the upcoming National People's Congress, affecting companies like BABA, BEKE, GOTU, HTHT, JD, PDD, and TAL.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:48 pm

OSK

DA Davidson analyst Michael Shlisky upgraded Oshkosh (NYSE:OSK) from Neutral to Buy and increased the price target from $122 to $130.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:46 pm

CHE

Chemed (NYSE:CHE) has seen its short percent of float increase by 3.02% since the last report, with 441 thousand shares sold short, representing 3.41% of available shares. This indicates a bearish sentiment among investors, although it's not a definitive predictor of stock movement. Chemed's short interest is below its peer group average of 10.07%, suggesting less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:45 pm

AMR

Alpha Metallurgical's (NYSE:AMR) short interest has increased to 10.98% of its float, indicating a rise of 6.81% since the last report. With 1.19 million shares sold short, it would take about 5.4 days to cover these positions. This rise in short interest suggests a more bearish market sentiment towards AMR compared to its peers, where the average short interest is 3.97%. However, high short interest can sometimes be bullish, as covering short positions can drive the stock price up.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:45 pm

AB

AllianceBernstein Holding (NYSE:AB) has seen a 6.67% increase in its short percent of float since the last report, with 1.08 million shares sold short, representing 0.96% of available shares. This indicates a bearish market sentiment towards AB, although it has less short interest compared to its peers' average of 2.67%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:45 pm

DASH

LYFT

UBER

Lyft, Inc (NASDAQ:LYFT) and DoorDash, Inc (NASDAQ:DASH) stocks rose after RBC Capital upgraded their stock ratings and price targets, citing improved execution and potential for growth. Analyst Brad Erickson raised Lyft's price target from $17 to $23 and DoorDash's from $130 to $175. Erickson highlighted Lyft's scale and marketplace efficiency, and DoorDash's resilience in order growth and potential partnerships, including with Lyft, as key factors for the upgrades.

Portfolio Pulse from Anusuya Lahiri

March 04, 2024 | 5:43 pm

TTEC

TTEC Holdings shares are trading lower following a downgrade by Barrington Research from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:43 pm