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META

Investor Business Daily's SwingTrader has reportedly purchased shares of Meta Platforms, indicating potential investor interest and confidence in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:53 pm

DOCS

Jehoshaphat Research has announced a new short position on Doximity, indicating skepticism about the company's stock value. The announcement was made via a tweet, which could influence investor sentiment and potentially impact Doximity's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:51 pm

NVDA

TSLA

Nvidia Corp (NVDA) has seen a significant rise in its stock, up 85% in Q1, driven by generative AI adoption, data center dominance, and product innovation. Tesla Inc (TSLA), on the other hand, faced a 20% decline due to production setbacks, leadership challenges, and analyst downgrades. Other Magnificent Seven stocks, including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL/GOOG), Amazon (AMZN), and Meta Platforms (META), also experienced market movements, with AAPL and TSLA suffering double-digit declines.

Portfolio Pulse from Surbhi Jain

April 01, 2024 | 1:50 pm

BMEA

Biomea Fusion (NASDAQ:BMEA) reported Q4 earnings with an EPS of $-0.98, missing estimates by -15.0% and showing no revenue change from the previous year. Last quarter, despite beating EPS estimates, the stock dropped 8.0% the following day.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 1:50 pm

AMP

Ameriprise Financial's (NYSE:AMP) short interest has increased by 16.67% since the last report, with 970,000 shares sold short, representing 1.12% of its float. It would take approximately 1.95 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards AMP, although it has less short interest compared to its peer group average of 2.77%. This information suggests investors are showing increased bearishness but AMP is still below the peer average.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 1:45 pm

AMKR

Amkor Tech's (NYSE:AMKR) short interest has increased by 8.96% since the last report, with 3.37 million shares sold short, representing 5.11% of its float. It would take approximately 2.93 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards AMKR, although it has less short interest compared to its peer group average of 7.01%. This information is crucial for investors as it provides insight into market sentiment and potential stock movement.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 1:45 pm

DELL

Dell Technologies's (NYSE:DELL) short interest has decreased by 8.54% since the last report, with 7.75 million shares sold short, representing 2.57% of its float. This decline in short interest could indicate a more bullish sentiment towards DELL among traders. Compared to its peers, DELL has a lower short interest percentage of float, with the average being 6.32%. Short interest is a key indicator of market sentiment, and a decrease suggests that investors may be becoming more optimistic about the stock's future performance.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 1:45 pm

TRVN

Trevena (NASDAQ:TRVN) reported Q4 earnings with an EPS of $-1.06, missing estimates by -179.0% and a revenue decrease of $81 thousand from the previous year. Despite past earnings misses, the share price increased by 0.0% the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 1:40 pm

OXM

Oxford Industries' shares dropped following disappointing Q4 financial results and weak Q1 guidance.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:39 pm

NVEI

Trading for NVEI was halted at 9:36:06 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:36 pm