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TWLO

Twilio's (NYSE:TWLO) short interest has decreased by 16.49% since the last report, with 2.84 million shares sold short, representing 1.57% of its float. The current short interest suggests a bullish sentiment as it is lower than the peer group average of 6.81%. The decrease in short interest indicates fewer traders are betting against the stock, which could be a positive sign for its short-term price movement.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

ACLX

Arcellx (NYSE:ACLX) has seen a 6.28% increase in its short percent of float since the last report, with 3.77 million shares sold short, representing 8.12% of its available shares. This indicates a bearish market sentiment, although it's below the peer group average of 14.36%. The coverage time for these short positions is estimated at 8.9 days.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

TSLA

The analysis compares Tesla (TSLA) against its competitors in the Automobiles industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Tesla's high P/E, P/B, and P/S ratios suggest a premium valuation, while its ROE indicates strong returns on equity. However, its lower EBITDA, gross profit, and revenue growth compared to the industry may signal profitability and growth challenges.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

MSI

Motorola Solutions (NYSE:MSI) has seen a 37.8% increase in short interest since its last report, with 1.63 million shares sold short, representing 1.13% of its float. The current short interest suggests a bearish market sentiment towards MSI, although it has less short interest compared to its peers' average of 9.04%. The article highlights the importance of tracking short interest as an indicator of market sentiment and notes that an increase in short interest does not necessarily predict a decline in stock price.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

MGY

Analyst ratings for Magnolia Oil & Gas (NYSE:MGY) show varied sentiments, with recent updates indicating both upgrades and downgrades. The average 12-month price target has increased to $26.5, reflecting a positive outlook. Despite this, the company faces challenges such as a -7.57% decline in revenue growth and below-average profitability metrics. Analysts from Citigroup, Goldman Sachs, Mizuho, Truist Securities, Piper Sandler, and Wells Fargo have adjusted their ratings and price targets, signaling a nuanced view of the company's prospects.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

MSFT

The analysis compares Microsoft's financial performance against its competitors in the Software industry, highlighting its valuation metrics, profitability, and growth prospects. Microsoft shows potential undervaluation based on PE and PB ratios, strong profitability with high EBITDA and gross profit, and robust revenue growth surpassing industry averages. However, its PS ratio suggests potential overvaluation based on revenue, and its ROE is below the industry average, indicating room for efficiency improvement.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

SOLUSD

Solana (CRYPTO: SOL) has seen a 5.24% increase in its price over the last 24 hours, reaching $144.64, despite a 17.0% decrease over the past week from $180.81. The coin's all-time high is $259.96. Trading volume for Solana has surged by 132.0% in the past week, with its circulating supply also increasing by 1.74% to 446.60 million, making its market cap rank #5 at $64.97 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

GLD

SLV

Gold and silver prices have increased in the current trading session, despite an initial decline early Monday. This rise is attributed to Iran's recent attack on Israel, which has boosted the appeal of safe-haven assets like gold and silver.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 2:56 pm

ONVO

Organovo Holdings, Inc. (NASDAQ:ONVO) shares surged after announcing positive Phase 2 results for FXR314, a treatment for metabolic function-associated steatohepatitis (MASH). The study showed a significant reduction in liver fat content and high tolerability of FXR314. The news led to heavy trading volume, with over 45 million shares traded, far exceeding the 100-day average.

Portfolio Pulse from Erica Kollmann

April 15, 2024 | 2:56 pm

CGC

Canopy Growth Corp (NASDAQ:CGC) shares are trading lower despite shareholders approving a new class of non-voting exchangeable shares, aimed at accelerating the company's entry into the U.S. THC market. CEO David Klein highlighted the move as a step towards making Canopy the first U.S. listed cannabis company with unique exposure to the U.S. market, with plans to acquire U.S. assets in Wana, Jetty, and Acreage. The strategy is expected to offer financial benefits and a fast-tracked entry into the U.S. cannabis market, with optimism for regulatory changes enhancing cash flow.

Portfolio Pulse from Adam Eckert

April 15, 2024 | 2:55 pm