La vendita allo scoperto per Hubbell dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Hubbell. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Hubbell (NYSE:HUBB) Azioni, Report sulle vendite allo scoperto

Hubbell

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: Utility Solutions Segment and the Electrical Solutions Segment. It derives maximum revenue from Utility Solutions Segment.

Hubbell Inc

Hubb Ventures Inc

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer said he has been behind Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>) for a long time. He added, &#8220;This stock has now had a major move at last, and it's not done.&#8221;
On Nov. 7, Block reported worse-than-expected third-quarter revenue results.
Cramer said although Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) is &#8220;very good,&#8221; but BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) is better than it.
On Oct. 23, Northern Trust reported better-than-expected third-quarter financial results.
Dow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) is &#8220;very hard to own here,&#8221; Cramer said. &#8220;Dow has to do an upside surprise.&#8221;
On Nov. 8, Piper Sandler analyst Charles Neivert maintained Dow with an Overweight and lowered the price target from $62 to $60.
Super Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGHC#NYSE">SGHC</a>) finally &#8220;broke out,&#8221; the Mad Money host said.
On Nov. 6, Super Group posted third-quarter revenue of €402.9 million and profit of €8.5 million.
Cramer said Sprouts Farmers Market, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFM#NASDAQ">SFM</a>) is a &#8220;quality operator.&#8221;
On Oct. 30, Sprouts Farmers Market reported better-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance above estimates.
Price Action:
<ul>
<li>Block shares rose 1.1% to settle at $84.30 on Friday.</li>
<li>Northern Trust shares gained 1.6% to close at $107.60.</li>
<li>Dow shares fell 1.2% to settle at $44.04 during the session.</li>
<li>Super Group shares gained 1% to close at $5.32 on Friday.</li>
<li>Sprouts Farmers Market shares gained 0.1% to settle at $142.00 during the session.</li>
</ul>
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<li><a href="https://www.benzinga.com/markets/24/11/42024062/how-to-earn-500-a-month-from-apple-stock">How To Earn $500 A Month From Apple Stock</a></li>
</ul>
Image: Shutterstock

Long Ideas

News

Markets

Media

Trading Ideas

NTRS

SGHC

Jim Cramer: Super Group Finally 'Broke Out,' This Basic Materials Stock Is 'Very Hard To Own Here'

Guidance

Treasure Global Expects Next Quarter Continue To Reflect Transitional Phase Of Operations; Management Dedicated To Executing Strategic Realignment With Emphasis On Long-Term Profitability And Sustainability; Actively Exploring Other Initiatives To Drive Growth And Diversification

By <a href="https://roboforex.com/beginners/analytics/forex-forecast/?utm_source=benzinga.com&amp;utm_medium=pr&amp;utm_campaign=rf_en_external_article_18112024&amp;utm_content=analysis&amp;utm_term=forecast" style="color:#0563c1; text-decoration:underline">RoboForex Analytical Department</a>
AUD/USD is showing signs of stabilisation near 0.6465, marking its second consecutive session of attempts to recover.
The Australian dollar finds some support from the hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock stated that interest rates are restrictive and will remain so until the RBA is fully assured of the inflation outlook.
Investors are keenly awaiting the publication of the minutes from the last RBA meeting, which is expected this week. The minutes will provide deeper insights into the RBA&rsquo;s future policy actions.
Additionally, upcoming releases on November&rsquo;s industrial and services sector data could further influence the Australian dollar&rsquo;s trajectory.
Despite these supportive factors, AUD/USD remains near three-month lows, pressured by a strengthening US dollar. The US dollar has benefited from expectations that the Federal Reserve might opt for a more minor rate cut amid robust economic forecasts under President Donald Trump&rsquo;s administration.
<h3>Technical&nbsp;Analysis Of AUD/USD</h3>
<a href="https://www.benzinga.com/files/u117641/audusdh4_26.png"><img alt="" src="https://www.benzinga.com/files/u117641/audusdh4_26.png" style="height:280px; width:624px" /></a>
On the H4 chart of AUD/USD, the market has formed a broad consolidation range around the 0.6565 level. Currently, the market has broken through the lower boundary of this range. Today, a narrower consolidation range has developed around the 0.6464 level. It is relevant to consider the probability of a downward breakout from this range, which could lead to a further downward movement towards the 0.6333 level, with the potential for the trend to continue to 0.6233, the local target. Technically, this scenario is supported by the MACD indicator, as its signal line is below zero and pointing downwards.
<a href="https://www.benzinga.com/files/u117641/audusdh1_24.png"><img alt="" src="https://www.benzinga.com/files/u117641/audusdh1_24.png" style="height:280px; width:624px" /></a>
On the H1 AUD/USD chart, the market continues to form a narrow consolidation range around 0.6464. In case of a downside breakout, we anticipate the second half of the downward wave continuing, targeting 0.6333. Conversely, a corrective move towards 0.6500 is possible if the market breaks upwards. The downward trend is expected to extend towards 0.6233 in the longer term. Technically, this scenario is supported by the Stochastic oscillator, with its signal line positioned below the 80 mark and pointing down towards 20.
Disclaimer
Any forecasts contained herein are based on the author&#39;s particular opinion. This analysis may not be treated as trading advice. RoboForex bears no responsibility for trading results based on trading recommendations and reviews contained herein.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

AUD/USD Stabilises Amid RBA's Hawkish Outlook

General

ZONE

CleanCore Solutions Launches A Pilot Program With A Hotel Chain In One Of Its US Locations

Earnings

Treasure Global Q1 EPS $(0.35) Up From $7.83) YoY; Revenue $207.371K Down From $13.46M YoY

<h4>Key Takeaways:</h4>
<ul>
<li>Mao Geping&rsquo;s Hong Kong IPO has been cleared by the China Securities Regulatory Commission, but must still be approved by the Hong Kong Stock Exchange</li>
<li>The leading cosmetics maker&rsquo;s profit and revenue both rose about 40% in the first half of this year, as the company reportedly plans to raise up to $300 million in its listing</li>
</ul>
By Edith Terry
In the Sichuan variant of classical Chinese opera, the art of&nbsp;bianlian,&nbsp;or &ldquo;face changing,&rdquo; is a stunning trick that sees an actor&rsquo;s painted mask seemly change with just a twist of the head. Now, one of China&rsquo;s best-known makeup artists, Mao Geping, himself a former star of the craft, is moving closer to changing the face of his company,&nbsp;Mao Geping Cosmetics Co. Ltd&nbsp;with a transformative IPO that Chinese media say could raise as much as $300 million.
Leading Chinese investment bank CICC is the deal&rsquo;s sole sponsor, suggesting it will be targeted mostly at Chinese and regional Asian investors who may be familiar with Mao&rsquo;s work, both as a makeup artist and cosmetics entrepreneur.
Mao Geping cleared the latest hurdle in its long march to market on Nov. 7, when the China Securities and Regulatory Commission (CSRC), the Mainland&rsquo;s securities regulator,&nbsp;<a href="http://www.csrc.gov.cn/csrc/c105984/c7517451/content.shtml">officially registered</a>&nbsp;the listing on its website. The Mainland regulator must clear all such overseas listings by Chinese companies, and in this case the company must also still pass its Hong Kong listing hearing.
The Hong Kong listing is a sort of &ldquo;Act 2&rdquo; for Mao Geping, which tried but failed twice to list on China&rsquo;s domestic A-share market in Shanghai in 2016 and 2021. The company later shifted its sights to Hong Kong with its filing of an IPO application in April, which it updated with a&nbsp;<a href="https://www1.hkexnews.hk/app/sehk/2024/106846/documents/sehk24100901098.pdf">new filing</a>&nbsp;on Oct. 9.
Despite China&rsquo;s &ldquo;consumption downgrade,&rdquo; which is disproportionately hitting discretionary products like cosmetics, Mao Geping seems to have a good story to tell in its latest filing that includes financial information for the first half of this year.
Its revenues for the six-month period increased 41% to 1.97 billion yuan ($272 million) from 1.4 billion yuan in the year-ago period. Its profit rose by an identical amount to 492.5 million yuan from 349.3 million yuan over the same period, boosted by fat gross profit margins of about 85% and net margins of about 24%.
As the only domestic name among China&rsquo;s top 10 premium beauty brands, with 1.8% of the market, and the second-leading color cosmetics company among the top five domestic brands, with 6% of the market, Mao Geping is sitting pretty. The company operates in a Chinese beauty market that was worth 579.8 billion yuan in 2023, according to third-party market data in the latest listing document.
The premium segment, where Mao Geping sits, has been growing faster than the mass market, worth an estimated 194.2 billion yuan in 2023. In terms of product type, China&rsquo;s color cosmetics market was worth 116.8 billion yuan in 2023, while skincare products was far larger at 463 billion. Within Mao Geping&rsquo;s own product portfolio, color cosmetics accounted for nearly three-quarters of its total revenue in the first half of this year, while most of the rest came from skincare products.
<h3>Domestic Shift</h3>
China&rsquo;s cosmetics industry has been shifting toward domestic brands in recent years, driven both by nationalistic sentiment and growing demand for lower-priced products, which is playing to famous local names like Mao Geping. That trend could continue, boding well for the company, as Chinese consumers grow increasingly cautious with the nation&rsquo;s slowing economy.
As we noted earlier, Mao Geping himself is a master at the art of face changing in the real world. After a long career in the opera business, he has transformed himself at age 60 into an industry icon. His more recent achievements include overseeing the makeup for Chinese athletes at the Paris Olympics as their official beauty service provider, and serving as the makeup artist for Jacque Rogge, president of the Olympic Committee at the Beijing Olympics in 2008.
His earlier career dates back to the 1980s after he graduated from the Zhejiang Vocational Academy of Art in 1983 and worked as an opera performer with the Zhejiang Yue Opera Troupe, as well as an occasional film actor, until 1998. When he set up the predecessor to what would eventually become his namesake company, he also established an Institute of Makeup Artistry, run by his wife, Wang Liqun, an actress in Mao&rsquo;s troupe.
His company&rsquo;s biggest asset is arguably Mao himself, including his name, personality and product design expertise that are key factors behind the company&rsquo;s success. That could become a potential risk factor later if he and his company later become involved in any disputes, or if Mao&rsquo;s reputation suffers any future damage.
The company&rsquo;s fast growth appears to be putting some strain on its finances. Its cash fell from 1.14 billion yuan at the end of last year to 552.9 million yuan at the end of June, primarily due to the payment of a dividend. Meantime, the company&rsquo;s marketing and promotion expenses have been escalating, nearly doubling from 29.2% of its selling and distribution costs in 2021 to 46.5% in the first six months of 2024.
In addition to relying on Mao himself, his company is also a very family affair. Its board and major shareholders consist largely of his family members. And the company could face challenges as Mao himself moves closer to retirement, which could deprive the company of his personal touch, together with his 6 billion interactions on Weibo and 4.8 billion interactions on Douyin, China&rsquo;s equivalent of TikTok.
While most of its peers do their own product development and spend heavily on R&amp;D to keep up with ever-changing market fads, Mao Geping doesn&rsquo;t report any consolidated expenditures for R&amp;D. That said, some of its subsidiaries appear to be R&amp;D service providers, and the company says it guides &ldquo;overall direction while engaging third-party ODM providers to conduct detailed R&amp;D and product design work,&rdquo; according to the listing document.
In fact, the company appears to be getting set to become more active in its own product development and production, saying it plans to use IPO proceeds to build an R&amp;D center in Hangzhou as well as overseas. It also plans to use some funds to build a 100 million yuan production facility in Hangzhou, its headquarters, to reduce dependence on its ODM and OEM suppliers.
&ldquo;This approach allows us to ensure production flexibility and scalability while we develop our own manufacturing expertise,&rdquo; the company said.
In a maturing and highly competitive market, both Mao Geping and his company may need some luck and good timing to take advantage of recent positive market sentiment for the IPO. Price-to-sales (P/S) ratios for cosmetics providers vary widely, from just 0.61 and 1.91 for domestic peers&nbsp;Yatsen&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ysg#NYSE">YSG</a>) and&nbsp;Shanghai Chicmax&nbsp;(2145.HK), respectively, to as much as 4.23 for global giant&nbsp;L&rsquo;Or&eacute;al&nbsp;(OR.PA).
A P/S of about 2, putting the company at the head of its Chinese class but behind the global giants, would value Mao Geping at about 8 billion yuan, or just over $1 billion. That would be lower than Chicmax&rsquo;s $1.6 billion but ahead of the $400 million for the struggling Yatsen.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Asia

Penny Stocks

Small Cap

Mao Geping's Hong Kong IPO Gets Lift From Regulatory Nod

On Thursday, the Walt Disney Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) reported its fiscal fourth quarter results that topped estimates as its entertainment segment shined in its full splendor, mirrored in box office success as well as streaming business&rsquo; growth and profitability.&nbsp;
Bob Iger is getting Disney back in shape.
For the September quarter, Disney reported revenue grew&nbsp;6% to $22.57 billion, topping LSEG&rsquo;s consensus estimate of $22.45 billion. &nbsp;Net income grew to $460 million, or 25 cents per share, from $264 million, with adjusted earnings per share amounting to $1.14, also surpassing LSEG&rsquo;s estimate of $1.10.&nbsp;&nbsp;Operating income grew 23% to $3.66 billion.
Fueled by box office success, the entertainment segment that is home to traditional TV networks, direct-to-consumer streaming and films grew 14% YoY to $10.83 billion. Inside Out 2 surpassed the success of Frozen II, becoming the highest-grossing animated movie of all time. Then, there was yet another success on the box office front with &ldquo;Deadpool &amp; Wolverine&rdquo; surpassing &ldquo;Joker&rdquo; from Warner Bros. Discovery (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wbd#NASDAQ">WBD</a>) and taking the title of&nbsp;highest-grossing R-rated film of all time. Together, these two films added&nbsp;$316 million of profit during the quarter with the entertainment segment reporting and overall profit of $1.1 billion in profit. Executives also revealed that Disney became the first film studio to cross $4 billion globally this year.&nbsp;
Five years since Disney+ launched, it is now profitable. combined streaming business, which includes Disney+, Hulu and ESPN+, reported operating income of $321 million, which is an entirely different story compared to last year&rsquo;s comparable quarter when it reported a loss of $387 million. Like its streaming peers, Warner Bros. Discovery, as well as Netflix (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>), Comcast Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmcsa#NASDAQ">CMCSA</a>) and Paramount Global (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/para#NASDAQ">PARA</a>), Disney+ Core subscribers grew&nbsp;4%, to 122.7 million, with Hulu subscribers alone growing 2% to 52 million.&nbsp;However, average revenue per user for domestic Disney+ customers&nbsp;dropped as more than half of U.S. Disney+ subscribers are choosing the cheaper, ad-supported tier, which on the other hand, bodes well for Disney&rsquo;s advertising growth prospects. Overall, streaming entertainment ad revenue was up 14%/ while sports segment, made up primarily of ESPN, reported flat revenue.&nbsp;
Experiences segment that includes theme parks and consumer products, saw revenue grow 1% to $8.24 billion due to a slowdown, particularly in the U.S. following the post-pandemic surge in visitors and the lull is expected to continue throughout the following quarters. Comcast also reported lower attendance at its Universal theme parks. Due to fewer visitors, Comcast reported NBCUniversal&rsquo;s theme parks revenue dropped by 5.3% to about $2.3 billion. On the other hand, Comcast was fueled by the Summer Olympics that boosted its NBCUniversal revenue, as well as Peacock&rsquo;s subscriber count. Peacock that had the exclusive streaming rights gained 3 million subscribers, paid subscribers grew 29% YoY to 36 million and with revenue growing 82% to $1.5 billion, Comcast narrowed Peacock&rsquo;s losses.
Disney&rsquo;s fiscal 2025 guidance
Compared to the just finished fiscal year, Disney guided for high-single-digit adjusted earnings growth.However, due to higher pricing and the end of a promotional offer, Disney is expecting a &ldquo;modest decline&rdquo; in Disney+ Core subscribers during the fiscal first quarter. However, the bigger picture for the fiscal 2025 is bright with profit in the entertainment streaming business, which excludes ESPN+, is expected to see a YoY increase of roughly $875 million with fiscal 2026 being even brighter with a double-digit percentage rise. Despite the $130 million hit of hurricanes and Cruise Line prelaunch costs of $90 million&nbsp;that will weaken first fiscal quarter results, the experience segment is expected to see its profit grow 6% to 8% in the new fiscal year.&nbsp;
With the upcoming releases of &ldquo;Moana 2&rdquo; and &ldquo;Mufasa: The Lion King,&rdquo; Disney is kicking off the holiday season on a strong note. More importantly, with the streaming segment now being profitable, Disney reaffirmed an important pathway for long-term growth.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Entertainment

CMCSA

NFLX

PARA

Disney Shines In All Its Entertainment Glory

Benchmark analyst Nathan Martin maintains CONSOL Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEIX#NYSE">CEIX</a>) with a Buy and raises the price target from $105 to $140.

Price Target

Analyst Ratings

CEIX

Benchmark Maintains Buy on CONSOL Energy, Raises Price Target to $140

JTAI

Jet.AI Believes It Has Regained Compliance With Nasdaq Stockholders' Equity Requirement

Next generation product may increase gastrointestinal luminal concentration while limiting system exposure

Biotech

Events

Bausch Health And Salix To Present Study of Liver Disease (AASLD) the RED-C Phase 3 Study Design At AASLD

Wells Fargo analyst Stephen Baxter upgrades CVS Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) from Equal-Weight to Overweight and raises the price target from $60 to $66.

Upgrades

Wells Fargo Upgrades CVS Health to Overweight, Raises Price Target to $66

Dillard's's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDS#NYSE">DDS</a>) short percent of float has fallen 5.26% since its last report. The company recently reported that it has 1.04 million shares sold short, which is 31.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.41 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Dillard's Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731936622_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Dillard's has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Dillard's's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Dillard's's peer group average for short interest as a percentage of float is 8.61%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(DDS) - Analyzing Dillard's's Short Interest

NewGenIvf Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIVF#NASDAQ">NIVF</a>) shares are trading higher premarket on Monday after the company inked a binding term sheet with White Lion Capital for a $100 million equity line of credit,<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42032749/newgenivf-enters-into-a-binding-term-sheet-with-white-lion-capital-for-100-million-equity-line-of-" rel="noreferrer noopener"> expandable to $500 million</a>.
As per the term sheet, NewGen can sell up to $100 million in common stock to White Lion over an initial 36-month period.
The amount can increase to $300 million following significant M&amp;A activity and up to $500 million, once $250 million has been drawn.
The transactions are contingent on entering definitive agreements and meeting certain conditions, including filing a registration statement immediately upon execution of those agreements.
Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen, said, &#8221;The flexibility to draw capital at our discretion enables us to maintain our strong balance sheet while pursuing potential strategic acquisitions. Moreover, the 36-month term, extendable to 65 months, provides us with a long-term capital partner to support our growth initiatives.&#8221;
Last month, the company received a noncompliance letter from Nasdaq after failing to maintain a closing bid price of at least <a target="_blank" href="https://www.benzinga.com/news/24/10/41317347/whats-going-on-with-newgenivf-stock-monday" rel="noreferrer noopener">$1 per share for 30 consecutive business days</a>.
Price Action: NIVF shares are up 69% at $1.10 premarket at the last check Monday.
Image via Shutterstock
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<li><a href="https://www.benzinga.com//node/42032495" target="_blank" rel="noreferrer noopener">Alibaba Eyes Raising $5 Billion Via Bond Sale to Fund Debt Payoff and Stock Buybacks</a></li>
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Equities

Financing

Movers

NIVF

NewGenIVF Locks In Long-Term Financing To Fuel Its Ambitions, Stock Jumps

Charlie Giancarlo, CEO of Pure Storage, has raised concerns about U.S. tax laws pushing companies to relocate their operations abroad. This comes as businesses strive to maintain competitiveness in the global market.
What Happened: Giancarlo highlighted in an interview that current U.S. tax policies are forcing companies to consider moving their operations overseas. He pointed out that while tariffs have offered some relief, they are not the ultimate solution, Barron&#8217;s <a href="https://www.barrons.com/amp/articles/tech-pure-storage-ceo-interview-taxes-manufacturing-005625f7">reported</a> on Monday.
"It's a set of different tax laws and labor laws and so forth that make manufacturing in the U.S. economically a competitive disadvantage," he said.
Pure Storage has adopted a global manufacturing approach, with significant operations in Southeast Asia, Europe, and the U.S., collaborating with outsourcing partners like Foxconn (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>). The company, which serves 60% of Fortune 500 firms, including Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Comcast Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>), and NASA, is closely monitoring potential tax reforms under President-elect Donald Trump. S&amp;P Global suggests that a reduced corporate tax rate could boost domestic production and reduce overseas business activities.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42014985/matt-gaetz-to-be-confirmed-as-attorney-general-in-a-trump-administration-not-so-fast-polymarket-traders-say?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Matt Gaetz To Be Confirmed As Attorney General In A Trump Administration? Not So Fast, Polymarket Traders</a>
However, S&amp;P Global also notes the uncertainty surrounding the broader economic impact of such tax changes. Companies like Pure Storage are awaiting new tariffs and trade policies to assess the future U.S. tax landscape.
Why It Matters: The discussion around U.S. tax policies is gaining momentum as Donald Trump&#8217;s<a href="https://www.benzinga.com/government/regulations/24/11/41885777/how-trumps-tax-cuts-tariffs-animal-spirits-could-shape-sp-500-earnings"> return to the White House</a> brings potential pro-business policies into focus. Analysts are adjusting their forecasts for S&amp;P 500 earnings, considering Trump&#8217;s possible policy changes, which include tax cuts and deregulation. However, trade tariffs on Chinese imports remain a potential threat to corporate earnings.
Trump&#8217;s proposal to lower the federal corporate tax <a href="https://www.benzinga.com/startups/24/10/41291635/are-trumps-proposed-corporate-tax-cuts-the-key-to-unleashing-a-stock-market-boom-heres-what-history">rate from 21% to 15%</a> has sparked debate. Some view it as a catalyst for economic growth and a stock market boom, while others remain skeptical. Historical data suggests that such tax cuts could increase U.S. GDP by 0.4% and create approximately 93,000 full-time jobs, according to the Tax Foundation.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42028523/cathie-wood-draws-reagan-era-parallels-as-elon-musk-takes-doge-helm-this-bull-market-has-just-begun-to-broaden-out?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood Draws Reagan-Era Parallels As Elon Musk Takes DOGE Helm: &#8216;This Bull Market Has Just Begun To&nbsp;Broaden Out&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Government

Regulations

Global

Tech

HNHPF

Meta, Comcast And NASA Supplier CEO Says US Tax Laws Are Driving Business Exodus, All Eyes On Trump For Policy Change

Western Midstream's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WES#NYSE">WES</a>) short percent of float has risen 35.51% since its last report. The company recently reported that it has 5.51 million shares sold short, which is 2.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.81 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Western Midstream Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731936616_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Western Midstream has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Western Midstream's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Western Midstream's peer group average for short interest as a percentage of float is 4.21%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Western Midstream's Recent Short Interest

Etsy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NYSE">ETSY</a>) short percent of float has risen 5.37% since its last report. The company recently reported that it has 17.69 million shares sold short, which is 18.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.64 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Etsy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731936611_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Etsy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Etsy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Etsy's peer group average for short interest as a percentage of float is 9.16%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ETSY

(ETSY) - Analyzing Etsy's Short Interest

Macro Economic Events

Economics

China's President Xi Meets British Prime Minister Starmer In Rio, Calls For Strengthening Strategic Partnership, Cooperation In Trade, Clean Energy, And AI Governance; Highlights Mutual Respect And Deeper Political Trust To Tackle Global Challenges

EON Resources (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EONR#AMEX">EONR</a>) reported quarterly losses of $(0.67) per share which missed the analyst consensus estimate of $(0.35) by 91.43 percent. This is a 59.88 percent increase over losses of $(1.67) per share from the same period last year. The company reported quarterly sales of $7.36 million which beat the analyst consensus estimate of $5.20 million by 41.62 percent. This is a 53.12 percent decrease over sales of $15.71 million the same period last year.

EONR

EON Resources Q3 EPS $(0.67) Misses $(0.35) Estimate, Sales $7.36M Beat $5.20M Estimate

With the conversion unit already shipped and located on site, Eco Wave Power plans to complete installation by the end of Q1 2025.

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Eco Wave Power Receives Final Permit From U.S. Army Corps Of Engineers For U.S. First Wave Energy Project

Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) will release earnings results for the third quarter, before the <a href="https://www.benzinga.com/quote/WMT/earnings">opening bell on Nov. 19</a>.
Analysts expect the Bentonville, Arkansas-based company to report quarterly earnings at 53 cents per share. That&#8217;s up from 51 cents per share in the year-ago period. Walmart projects to report quarterly revenue of $166.57 billion, compared to $159.44 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Friday, Jefferies analyst Corey Tarlowe maintained Walmart with a Buy rating and raised the price target from $90 to $100.
With the recent buzz around Walmart, some investors may be eyeing potential gains from the company's dividends, too. Walmart currently offers an annual dividend yield of 0.99%, which is a quarterly dividend amount of 20.75 cents per share (83 cents a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $609,043 or around 7,229 shares. For a more modest $100 per month or $1,200 per year, you would need $121,826 or around 1,446 shares.
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend (83 cents). So, $6,000 / $0.83 = 7,229 ($500 per month), and $1,200 / $0.83 = 1,446 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock&#8217;s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
WMT Price Action: Shares of Walmart fell 0.3% to close at $84.25 on Friday.
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read More: 
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<li><a href="https://www.benzinga.com/markets/24/11/42024062/how-to-earn-500-a-month-from-apple-stock">How To Earn $500 A Month From Apple Stock</a></li>
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How To Earn $500 A Month From Walmart Stock Ahead Of Q3 Earnings

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