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Stock Prices

NVDA

SMCI

NVIDIA, Micron, and SMCI stocks are down due to concerns over an AI 'bubble', geopolitical tensions, and company-specific issues. Micron's market value has significantly decreased, and a recent short report and delayed filing have affected SMCI. NVIDIA faces geopolitical challenges but reports strong demand for its chips.

Portfolio Pulse from Erica Kollmann

September 16, 2024 | 4:40 pm

AZO

TradePulse's Power Inflow alert indicates a shift from net selling to buying for AutoZone Inc. (NYSE:AZO), suggesting rising investor confidence and a potential uptrend in the stock. Power Inflows are early indicators of potential uptrends, often driven by institutional interest.

Portfolio Pulse from Finit

September 16, 2024 | 4:34 pm

AAPL

JPMorgan analyst Samik Chatterjee maintains an Overweight rating on Apple with a $265 price target, despite noting softer early demand for the iPhone 16 Pro models compared to the iPhone 15 series. Lead times for the iPhone 16 series vary globally, with China showing a smaller gap between base and Pro models. AAPL stock is down 2.69% at $216.56.

Portfolio Pulse from Anusuya Lahiri

September 16, 2024 | 4:33 pm

ASND

ITOS

NCNA

NUVL

SBT

TIL

U.S. stocks showed mixed performance with the Nasdaq Composite falling around 1%. Energy shares rose by 1.1%, while information technology shares fell by 0.9%. Notable stock movements included NuCana plc surging 151% after positive trial data, Ascendis Pharma rising 17% on trial results, and Nuvalent gaining 28% after announcing a public offering and positive program results. Instil Bio shares plunged 25% due to strategic announcements, Sterling Bancorp fell 17% after announcing a sale and dissolution plan, and iTeos Therapeutics dropped 20% following interim data release.

Portfolio Pulse from Avi Kapoor

September 16, 2024 | 4:31 pm

CTAS

Cintas (NYSE:CTAS) has seen a 5.47% decrease in its short percent of float, now at 1.9%. This is lower than its peers' average of 4.31%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:30 pm

GFR

Greenfire Resources shares surged following the announcement that Waterous Energy Fund will acquire nearly 30 million shares for CAD$327.77 million.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:30 pm

CPRT

Copart's short interest has increased by 14.73%, with 11.53 million shares sold short, representing 1.48% of its float. This is lower than the peer group average of 4.34%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:30 pm

CSCO

Cisco Systems (NYSE:CSCO) has seen a 15.5% increase in short interest, with 60.19 million shares sold short, representing 1.49% of its float. This is lower than the peer group average of 7.42%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:30 pm

JBDI

JBDI Holdings shares have been halted due to a circuit breaker after experiencing a significant drop of 67.3%.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:29 pm

BLDR

GRBK

MHO

TOL

Homebuilder stocks, including Builders First Source, are rising due to expected Fed rate cuts, declining mortgage rates, and Kamala Harris's homeownership plan. Builders First Source received an upgraded rating from Truist Securities, boosting its stock price.

Portfolio Pulse from Michael Juliano

September 16, 2024 | 4:19 pm