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AAPL

MASI

The U.S. Appeals Court has temporarily paused an import ban on certain Apple Watch models that was previously imposed. This decision comes as a relief to Apple, as the ban was related to a patent infringement case involving Masimo Corp's pulse oximetry technology. The stay on the import ban allows Apple to continue importing and selling the affected Apple Watch models while the legal proceedings continue.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:32 pm

UBS

UBS Group AG (NYSE:UBS) has delivered an average annual return of 20.01% over the past 5 years, outperforming the market by 6.3% on an annualized basis. With a current market cap of $100.04 billion, a $100 investment in UBS stock 5 years ago would be worth $252.30 today.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:31 pm

WY

Weyerhaeuser Co (NYSE:WY) has entered the voluntary carbon market with its first sale of around 32,000 forest carbon credits at $29 each, from its Kibby Skinner Improved Forest Management Project in Maine. The company is developing several IFM projects across its 11-million-acre U.S. land base, with two expected to be approved in 2024. Additionally, Weyerhaeuser recently sold and purchased timberland in separate transactions totaling over $330 million. As of September 30, the company had $1.8 billion in cash and equivalents. WY shares rose 0.71% to $34.88.

Portfolio Pulse from Lekha Gupta

December 27, 2023 | 4:20 pm

ORGO

Shares of Organogenesis Holdings are trading higher following BTIG's reaffirmation of a Buy rating and an increase in the price target from $4 to $6.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:18 pm

GS

Goldman Sachs Gr (NYSE:GS) has experienced a 3.97% increase in short interest since its last report, with 4.26 million shares sold short, representing 1.31% of its float. It would take about 2.59 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Compared to its peers, GS has a lower short interest as a percentage of float, with the peer group average at 4.58%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:15 pm

DFS

Discover Financial Services (NYSE:DFS) has seen a 24.7% decrease in short interest since its last report, with 5.26 million shares sold short, representing 2.47% of its float. The average time to cover these short positions is 3.07 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, DFS has a lower short interest as a percentage of float, with the peer group average at 8.53%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:15 pm

DELL

Dell Technologies (NYSE:DELL) has seen a decrease in short interest, with the short percent of float dropping 6.39% since the last report. The current short interest is 11.74 million shares, 4.54% of the float, with a short covering time of 2.73 days. This decline in short interest may indicate a more bullish sentiment among investors. Dell's short interest is below its peer group average of 6.72%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:15 pm

AMD

INTC

NVDA

AMD stock is in the spotlight due to its MI300 Data Center GPU, challenging Nvidia in the AI market. AMD's stock rose 17% last month, outperforming Nvidia's 2% gain. Analysts predict AMD could capture 5%-10% of the AI accelerator market, potentially worth $150-$400 billion by FY27E. Deutsche Bank notes AMD's strong AI market position and customer partnerships. Nvidia, AMD, and Intel are all competing in the generative AI data center processor space, with each company showcasing new products and performance improvements. AMD's MI300X GPU and MI300A APU offer significant performance gains, while Nvidia and Intel focus on their own strengths in software ecosystem and TCO savings, respectively. AMD's stock saw a slight increase of 0.74% to $144.48.

Portfolio Pulse from Anusuya Lahiri

December 27, 2023 | 4:10 pm

SOLUSD

BONK and other Solana ecosystem tokens are experiencing a downturn as investors engage in profit-taking following a recent rally. BONK is down 15% today, with a 17.7% loss over seven days, despite a 327% surge in the past month. Other tokens like WIF, ANALOS, JTO, and ORCA also saw declines in the past 24 hours, with mixed performances over the past week and month. Solana (SOL) itself is down 5.6% today, although it has seen a 101% increase in the past month. The total value locked in Solana has also risen significantly, now standing at $1.47 billion.

Portfolio Pulse from Khyathi Dalal

December 27, 2023 | 4:09 pm

F

GM

STLA

Cox Automotive forecasts a 6.2% increase in December 2023 U.S. new-vehicle sales over the previous year, with an expected SAAR of 15.1 million. Full-year sales are predicted to rise 11.6% to 15.5 million units. Honda, Nissan, General Motors (GM), and Tesla have seen large gains, with Hyundai Motor Group surpassing Stellantis in sales. Fleet sales are expected to rebound after a UAW strike. The 2024 outlook suggests a buyer's market with weak economic growth and higher inventories.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:08 pm