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HSIC

Henry Schein (NYSE:HSIC) has seen an increase in short interest, now at 4.65% of its float, higher than the peer group average of 4.15%. This indicates a bearish sentiment among traders, though it doesn't necessarily predict a price drop. The article suggests monitoring short interest as it can reflect market sentiment towards a stock.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:30 pm

FSR

RF Lafferty analyst Jamie Perez downgraded Fisker (NYSE:FSR) from Buy to Hold and reduced the price target from $3 to $2, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 7:28 pm

DELL

Dell Technologies Inc. (NYSE:DELL) shares surged following a year of significant outperformance, a partnership with Subaru Corporation for driver safety improvements, and strong quarterly earnings that exceeded analyst expectations. The company reported earnings of $2.20 per share, surpassing the consensus estimate of $1.73, and sales of $22.3 billion, beating the $22.16 billion estimate. Despite a decline in revenue for its Infrastructure Solutions Group and Client Solutions Group, demand for AI servers increased, with servers and networking revenue at $4.9 billion. Dell also announced a 20% increase in its annual cash dividend.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 7:24 pm

AAPL

The release of Apple Inc's (NASDAQ:AAPL) Vision Pro mixed reality headset has sparked discussions and unique uses, including a groom wearing it at his wedding. Despite its potential as a new revenue driver for Apple, most stories since its release have been negative, focusing on safety concerns and unconventional uses. Apple's stock is currently down 1.15% to $178.60.

Portfolio Pulse from Chris Katje

March 01, 2024 | 7:14 pm

CELH

ROTH MKM analyst Sean McGowan reiterated a Buy rating on Celsius Holdings, Inc. (NASDAQ:CELH), raising the forecast to $90. Celsius Holdings surpassed Q4 earnings estimates with a 95% year-over-year revenue increase, driven by distribution expansion, increased shelf space, and high retail sales velocity. McGowan projects future growth from further shelf space gains, velocity, and international expansion, forecasting a revenue growth of just under 50% in 2024. Despite favorable cost trends, international expansion costs are expected to offset gains, with gross margin percentages projected just below 48% in '24 and '25. CELH shares dropped 4.72% to $77.77.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 7:13 pm

NVDA

SOUN

SoundHound AI Inc (NASDAQ:SOUN) stock experienced a Golden Cross, indicating a bullish market trend, with its stock up about 250% this year. The momentum has been particularly strong since early February, driven by investments from NVIDIA Corp (NASDAQ:NVDA) and SoftBank. Despite missing earnings expectations, SoundHound's positive revenue guidance for 2024 and 2025 has boosted investor confidence. The company's advancements in voice and audio recognition technology and strategic partnerships are key factors in its growth.

Portfolio Pulse from Surbhi Jain

March 01, 2024 | 7:10 pm

META

Meta Platforms, Inc. (NASDAQ:META) shares hit all-time highs, trading above $500, following CEO Mark Zuckerberg's focus on AI, AR, and VR advancements, including meetings in Tokyo and with Samsung and LG Electronics on AI cooperation. Meta is set to unveil AR glasses codenamed Orion this fall. A U.S. court ruled in favor of Meta in a case against NSO Group over spyware. META's stock is up over 40% YTD, with analysts having a positive outlook despite the average target suggesting potential downside.

Portfolio Pulse from Erica Kollmann

March 01, 2024 | 7:04 pm

WMT

Recent options trading trends indicate a bearish stance on Walmart (NYSE:WMT) by significant investors, with a split sentiment of 38% bullish and 61% bearish. Uncommon options trades were spotted, including 6 puts and 7 calls, aiming for a price range of $50.0 to $86.67. Noteworthy options activity highlighted specific trades with varying sentiments. Walmart, a leading retailer in the US, is currently trading at $58.63, with a volume of 9,319,809. Market experts have issued ratings with a consensus target price of $137.2, suggesting a positive outlook despite the bearish options sentiment.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:02 pm

HPE

Five analysts have recently updated their ratings on Hewlett Packard (NYSE:HPE), showing a shift towards a more bearish sentiment with a decrease in the average price target by 11.58% to $16.8. The updates include lowered price targets by analysts from Stifel, Wells Fargo, Evercore ISI Group, Barclays, and Bernstein, reflecting changes in market conditions and company performance. Despite a decline in revenue by -6.61% and challenges in debt management, HPE maintains a strong net margin and ROA, indicating effective cost management and asset utilization.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:02 pm

XMRUSD

Monero (XMR) has seen a significant price increase of 3.81% in the last 24 hours, reaching $141.95, with a weekly gain of over 17% from $120.57. Despite a 53% decrease in trading volume over the week, its circulating supply slightly rose by 0.04% to 18.15 million. Currently, XMR's market cap ranks it 47th at $2.58 billion.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:01 pm