Streetbeat News

Stock Prices

TGT

Target's (NYSE:TGT) short interest has decreased by 12.07% since the last report, with 7.06 million shares sold short, representing 1.53% of its float. This decrease in short interest could indicate a more bullish sentiment towards the stock among investors. Compared to its peers, Target has a lower short interest percentage of float, with the average being 3.51%. This information suggests that Target is performing well against its competitors in terms of investor sentiment.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 5:45 pm

ON Semiconductor's (NYSE:ON) short interest has decreased by 3.82%, now representing 7.05% of its float with 22.61 million shares sold short. It would take about 4.01 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards ON Semiconductor compared to its peers, where the average short interest is 4.13% of the float.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 5:45 pm

BRKR

DHR

MEDP

Bruker Corporation's stock is trading higher due to positive momentum in the life sciences tools sector, influenced by strong earnings reported by Danaher and optimistic guidance from Medpace.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 5:37 pm

CRM

FEPI

INFA

MRAD

Salesforce Inc (NYSE:CRM) is advocating for increased environmental regulation on AI, emphasizing the need for standardized emissions reporting due to the technology sector's high energy usage. The company announced its intention to push for legislation that mandates AI emissions disclosure. Additionally, Salesforce ended acquisition talks with Informatica Inc (NYSE:INFA) due to disagreements on merger terms. Salesforce stock has seen a 41% gain in the last 12 months, with exposure available through ETFs like FEPI and MRAD.

Portfolio Pulse from Anusuya Lahiri

April 23, 2024 | 5:36 pm

DIS

DJT

GOOG

META

NFLX

PARA

TMUS

TTD

Today's whale activity in the Communication Services sector highlighted significant options trading across various companies, indicating potential trading opportunities. Notable trades included bearish and bullish sentiments on stocks like PARA, DJT, SE, TMUS, GOOG, META, NFLX, VZ, TTD, and DIS, with varying expiration dates and strike prices. This activity could signal market movements based on the large sums of money involved and the strategic positions taken by these entities.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 5:35 pm

BABA

CHWY

HAS

LRN

PDD

RIVN

TSLA

WYNN

YETI

Today's session highlighted significant options activity in 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, revealing market sentiment and possible price movements. The stocks involved include TSLA, W, LRN, PDD, BABA, HAS, WYNN, RIVN, YETI, and CHWY, with various sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 5:35 pm

AMD

APH

AVGO

CDNS

CLSK

IREN

MSFT

NVDA

SMCI

SOUN

Today's whale activity in the Information Technology sector highlighted significant options trading across various companies, indicating bullish, bearish, and neutral sentiments. Notable trades were observed in NVDA, APH, AMD, CLSK, MSFT, SMCI, IREN, AVGO, CDNS, and SOUN, with varying expiration dates, strike prices, and sentiments. This activity could signal upcoming movements in these stocks based on the large sums of money involved and the strategic positions taken by 'whales' in the market.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 5:35 pm

COPP

CRIT

FCX

Freeport-McMoRan Inc. (NYSE:FCX) reported first-quarter FY24 results with revenue of $6.32 billion and adjusted EPS of $0.32, both surpassing consensus estimates. Copper and gold sales increased significantly, with operating income and cash flow showing improvement. The company provided positive outlooks for Q2 FY24 and the full year, expecting strong sales volumes and operating cash flows. Despite the positive results and outlook, FCX shares are trading lower. Exposure to FCX can be gained through Sprott Copper Miners ETF (NASDAQ:COPP) and Exchange Traded Concepts Trust Optica Rare Earths & Critical Materials ETF (NYSE:CRIT).

Portfolio Pulse from Lekha Gupta

April 23, 2024 | 5:35 pm

IWM

SPOT

TSLA

Stocks rallied on Tuesday, driven by weaker PMI data and optimism over tech earnings, with the S&P 500, Nasdaq 100, and Dow Jones showing notable gains. The iShares Russell 2000 ETF saw significant growth. Visa Inc. and Tesla Inc. are among the companies anticipated to report earnings. The dollar and Treasury yields fell, while commodities like oil saw a slight increase. Stocks like Spotify Technology surged following earnings beats, with other companies also reacting to recent earnings reports.

Portfolio Pulse from Piero Cingari

April 23, 2024 | 5:33 pm

CMCSA

Comcast's (NYSE:CMCSA) short interest has decreased by 3.25% since the last report, with 46.79 million shares sold short, representing 1.19% of its float. The current short interest suggests a bullish sentiment among investors, as it takes approximately 2.38 days to cover all short positions. Compared to its peers, Comcast has a significantly lower short interest percentage of float, indicating less bearish sentiment among investors towards CMCSA.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 5:30 pm