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ASML

SMCI

TSM

Super Micro Computer, Inc. (NASDAQ:SMCI) stock fell after announcing its Q3 earnings release date without preliminary estimates, raising concerns of poor financial results. The tech sector's weakness, highlighted by ASML's disappointing earnings and TSM's lowered outlook, also pressured semiconductor stocks. SMCI is expected to report earnings of $5.84 per share and revenue of $4.012 billion. Despite the drop, SMCI has an average 1-year price target of $991.93, indicating a potential upside.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 6:48 pm

BTCUSD

Cryptocurrency analyst Rekt Capital warns of a potential 20% price crash for Bitcoin (BTC) due to the upcoming halving event, citing historical patterns of volatility and retracement in the 'danger zone.' Despite the potential downturn, Rekt Capital sees this as a buying opportunity, suggesting that extreme fear often precedes financial opportunity. The Bitcoin halving is expected to significantly impact the market, with the Future of Digital Assets event on Nov. 19 providing further insights.

Portfolio Pulse from Murtuza Merchant

April 19, 2024 | 6:42 pm

DIA

NFLX

PARA

QQQ

SMCI

SMH

SPY

U.S. stocks are on track for another week of losses, with the Nasdaq 100 facing its worst week since late 2022 and the S&P 500 nearing a 6-day slide. Semiconductor stocks, tracked by the VanEck Semiconductor ETF, are significantly down. Geopolitical tensions and interest rate concerns are affecting investor sentiment. Gold prices surged, while Bitcoin saw a modest increase. Major ETFs like SPY, DIA, and QQQ showed mixed performance. Companies like Paramount Global, Super Micro Computer, and Netflix experienced notable stock movements due to various factors.

Portfolio Pulse from Piero Cingari

April 19, 2024 | 6:37 pm

AULT

MCB

NFLX

PARA

SMCI

U.S. stocks showed mixed performance with the Dow Jones rising and NASDAQ falling. Utilities shares led gains, while information technology shares dropped. Active U.S. oil rigs increased, as reported by Baker Hughes Inc. Ault Alliance, Metropolitan Bank Holding Corp., and Paramount Global saw significant stock increases, while Super Micro Computer, Netflix, and O-I Glass experienced declines. Oil and gold prices rose, alongside silver and copper.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 6:33 pm

DHI

Over the past 10 years, D.R. Horton (NYSE:DHI) has produced an average annual return of 19.96%, outperforming the market by 9.75% annually. A $100 investment in DHI a decade ago would be worth $668.34 today, showcasing the impact of compounded returns on investment growth. D.R. Horton currently has a market capitalization of $47.12 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 6:31 pm

ELF

e.l.f. Beauty shares are trading lower after initially gaining on Thursday in sympathy with L'Oreal's positive earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:31 pm

Altria Group's (NYSE:MO) short interest has significantly increased by 329.27% since the last report, with 60.34 million shares sold short, representing 3.52% of its float. It would take about 3.27 days to cover all short positions. This rise in short interest can indicate a bearish market sentiment towards MO, although it has less short interest compared to its peer group average of 9.49%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 6:30 pm

ALNY

Alnylam Pharmaceuticals (NYSE:ALNY) has seen a decrease in short interest, with 2.80 million shares sold short, representing 2.55% of its float. This is a 9.57% decline from its last report, indicating a potential shift in market sentiment towards the stock. The current short interest suggests a more bullish outlook compared to its peer group average of 6.10% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 6:30 pm

WMT

Walmart's (NYSE:WMT) short interest has increased by 11.39% since the last report, with 37.14 million shares sold short, representing 0.88% of its float. This indicates a bearish market sentiment, although it's lower than its peer group average of 3.62%. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 6:30 pm

VFS

VinFast Auto's shares are trading lower due to continued weakness after the company's recent Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:30 pm