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BYDDY

NIO

TSLA

VWAGY

XPEV

Chinese EV makers NIO, XPeng, Li Auto, and BYD reported strong December deliveries, with BYD on track to challenge Tesla's global EV dominance. XPeng and Li Auto achieved record monthly and quarterly deliveries, while BYD reported record quarterly BEV deliveries. Despite economic challenges, these companies ended the year positively, with new model launches and partnerships, such as XPeng's deal with Volkswagen. Tesla is expected to report lower Q4 deliveries compared to BYD, but may still lead in annual totals.

Portfolio Pulse from Shanthi Rexaline

January 01, 2024 | 2:04 pm

LNG

Cheniere Energy (AMEX:LNG) has delivered an average annual return of 14.21% over the past 10 years, outperforming the market. A $100 investment in LNG a decade ago would be worth $394.25 today. The company's market capitalization stands at $40.59 billion.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 2:01 pm

ULTA

Over the past 10 years, Ulta Beauty (NASDAQ:ULTA) has significantly outperformed the market, with an average annual return of 43.42%. A $100 investment in ULTA a decade ago would be worth $3,692.46 today. Ulta Beauty currently has a market cap of $23.75 billion.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 2:01 pm

PANW

Palo Alto Networks (NYSE:PANW) has seen a decrease in short interest, with the short percent of float falling 8.2% since the last report. The company has 16.41 million shares sold short, representing 5.26% of available trading shares. The average time to cover these short positions is 3.42 days. Short interest is a market sentiment indicator, and a decrease suggests investors may be more bullish on PANW. The company's short interest is higher than its peer group average of 4.36%.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:15 pm

RXRX

Recursion Pharmaceuticals (NYSE:RXRX) has seen a 3.06% increase in short interest since its last report, with 37.02 million shares sold short, representing 26.94% of its float. The short interest is higher than the peer group average of 14.47%. High short interest can indicate bearish market sentiment but can also be bullish if it leads to a short squeeze.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:15 pm

PFLT

PennantPark Floating Rate (NYSE:PFLT) has seen a 66.33% increase in short interest since its last report, with 945 thousand shares sold short, representing 1.63% of its float. The short interest is below the peer group average of 2.20%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:15 pm

CING

KTRA

MBOT

SCNI

SXTC

YCBD

In Monday's pre-market session, several healthcare stocks experienced significant movements. Gainers included China SXT Pharmaceuticals (SXTC) with a 185.1% increase, cbdMD (YCBD) up by 62.04%, and Kintara Therapeutics (KTRA) rising by 48.91%. Aditxt (ADTX), Jin Medical International (ZJYL), and Elicio Therapeutics (ELTX) also saw notable gains. Conversely, Microbot Medical (MBOT), Cingulate (CING), Scinai Immunotherapeutics (SCNI), SenesTech (SNES), Fortress Biotech (FBIO), and Enveric Biosciences (ENVB) were among the losers, with declines ranging from 16.03% to 24.4%.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:05 pm

BEEM

BYU

ELIQ

ELWS

EVTL

GWAV

NCNC

SIDU

SLND

SNTG

STCN

SWVL

In Monday's pre-market session, several industrial stocks experienced significant movements. Sentage Holdings (SNTG) saw a 24.9% increase, while Sidus Space (SIDU) faced a 16.3% decrease. Other notable gainers include Southland Holdings (SLND), Greenwave Tech Solutions (GWAV), Vertical Aerospace (EVTL), Baiyu Holdings (BYU), and Swvl Holdings (SWVL). On the losing side, Electriq Power Holdings (ELIQ), noco-noco (NCNC), Earlyworks Co (ELWS), Steel Connect (STCN), and Beam Global (BEEM) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:05 pm

AIXI

AMPG

DATS

FOXO

IFBD

MOB

WYY

In Monday's pre-market session, several information technology stocks showed significant movement. Infobird Co (IFBD) led the gainers with a 22.4% increase, while DatChat (DATS) experienced the largest drop among the losers, declining by 14.9%. Other notable movers included FOXO Technologies (FOXO), Mobilicom (MOB), WidePoint (WYY), XIAO-I (AIXI), AmpliTech Gr (AMPG), SEALSQ (LAES), SAI.TECH Global (SAI), BIO-key Intl (BKYI), ClearOne (CLRO), and AEye (LIDR). Market capitalizations for these companies range from $2.1 million to $174.3 million.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 1:05 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) has successfully expanded into the Canadian market, growing to around 200 employees and introducing Interac payments, which now account for over 80% of inflows. The company has worked closely with Canadian regulators to ensure a robust regulatory framework. Coinbase Canada's Country Director, Lucas Matheson, sees the approval of ETFs as institutional validation and believes it will increase demand and awareness. Coinbase is also investing in self-custody wallets and Layer Two solutions, aiming to update the financial system and address issues in industries like real estate through blockchain technology. Matheson is optimistic about the future, citing regulatory momentum and the potential for Canada to lead in the digital economy.

Portfolio Pulse from Stjepan Kalinic

December 31, 2023 | 6:57 pm