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KLAC

KLA Corporation's shares saw an increase following the announcement of their Q3 financial results, which surpassed expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:15 pm

DNA

Ginkgo Bioworks Holdings (NYSE:DNA) has seen a 3.26% increase in short interest, with 270.83 million shares sold short, representing 19.94% of its float. It would take about 16.88 days to cover all short positions. This rise in short interest could indicate a bearish market sentiment towards DNA, although it has a higher short interest than its peer group average of 3.35%.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:15 pm

DHI

D.R. Horton's (NYSE:DHI) short interest has increased by 6.78% since the last report, with 4.99 million shares sold short, representing 1.89% of its float. It would take about 2.62 days to cover all short positions. This rise in short interest could indicate a more bearish market sentiment towards DHI, although it has less short interest compared to its peers, with an average of 6.25% in the peer group.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:15 pm

APH

Amphenol's (NYSE:APH) short interest has increased by 5.84% since the last report, with 7.60 million shares sold short, representing 1.45% of its float. It would take about 2.37 days to cover all short positions. This rise in short interest could indicate a more bearish market sentiment towards APH, although it has less short interest compared to its peers' average of 4.25%.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:15 pm

ROG

Rogers Communications Inc. shares are trading higher following the announcement that the company surpassed both earnings per share (EPS) and sales estimates for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:10 pm

GOOGL

MSFT

SAIA

XPO

Microsoft and Alphabet reported strong earnings, leading to gains in their stock prices. Meanwhile, the Personal Consumption Expenditures (PCE) index came in above estimates, indicating higher consumer spending. However, freight stocks like SAIA Inc. and XPO Logistics experienced a decline.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:09 pm

GOOG

META

MSFT

NVDA

Ross Gerber, a Tesla bull, highlighted the tech sector's significant AI infrastructure spending, benefiting companies like Nvidia and Meta. Microsoft and Alphabet's Google have exceeded earnings expectations, driven by AI and cloud computing. Gerber's tweet underscores the potential for companies involved in AI infrastructure to gain from this trend.

Portfolio Pulse from Rounak Jain

April 26, 2024 | 2:06 pm

ZIM

ZIM Integrated Shipping (NYSE:ZIM) has seen a significant uptick in options trading, with a bullish sentiment from big-money investors. Benzinga's options scanner revealed 11 trades, predominantly bullish, targeting a price window of $10.0 to $17.5. The most notable options include calls with strike prices ranging from $10.00 to $15.00 and a put at $13.00. ZIM's stock has risen 15.32%, with a current price of $13.13, and its next earnings report is due in 24 days. The company is an asset-light container liner shipping company, primarily active in the Pacific trade region.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:02 pm

PFE

Deep-pocketed investors have shown a significant interest in Pfizer (NYSE:PFE) options, with a nearly even split between bullish and bearish sentiments. Benzinga's options scanner revealed 9 extraordinary activities, indicating a targeted price range for PFE between $17.5 to $35.0. The largest trades include both calls and puts, with varying sentiments and strike prices. Pfizer, a leading pharmaceutical company, is currently trading at $25.41, up 0.57%, with an RSI suggesting it may be oversold. Analysts have a consensus target price of $45.0 for PFE, despite a recent downgrade by Cantor Fitzgerald to Overweight.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:02 pm

SPY

The Michigan Consumer Sentiment Index for April came in at 77.2, below the estimated 77.8 and down from the previous month's 79.4. This indicates a slight decline in consumer confidence.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:01 pm