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Under normal market conditions, the Fund invests at least 80% of the sum of its net assets in exchange-traded common stocks of small-capitalization companies. Small-capitalization companies are defined as companies that have market capitalizations within the market capitalization range of the companies in the Russell 2000 Index on the last business day of the month in which its most recent reconstitution was completed. Reconstitution of the index currently is completed in June of each year. On June 30, 2021, the range of the index was $41 million to $12.4 billion.

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Matador Resources to acquire Ameredev II&#39;s oil and gas properties in NM and TX for $1.91B, including 19% stake in Piñon Midstream. Expected to close Q3 2024. 

Matador Resources&#39; $1.9B Deal Expands Oil And Gas Dominance In Texas And New Mexico: Details

Walt Disney Co&nbsp;(NYSE:&nbsp;DIS)&nbsp;reported fiscal first-quarter&nbsp;2025 revenue growth of 5% year-on-year to $24.70 billion, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43489835/the-walt-disney-company-reports-first-quarter-earnings-for-fiscal-2025" rel="noreferrer noopener">analyst consensus of $24.62 billion</a>. Adjusted EPS of $1.76 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus of $1.45</a>.
Disney ended the quarter with 178 million Disney+ Core and Hulu subscriptions and 125 million Disney+ Core paid subscribers, a decrease of 0.7 million over the prior quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43458397/sam-altman-in-korea-openai-seeks-ai-deals-with-samsung-sk-hynix-and-softbank-amid-global-ai-boom" rel="noreferrer noopener">Sam Altman in Korea: OpenAI Seeks AI Deals With Samsung, SK Hynix, and SoftBank Amid Global AI Boom</a>
Segments: Entertainment revenue (which encompasses traditional TV networks,&nbsp;direct-to-consumer streaming, and films) increased by 9% year over year to $10.87 billion.
Sports revenue (mostly comprised of ESPN) remained flat year over year at $4.85 billion. Experiences revenue (including Disney&#8217;s theme parks and consumer products) climbed 3% year over year to $9.42 billion.
In the Entertainment segment, Linear Networks revenue declined by 7% year over year to $2.62 billion, Direct-to-Consumer revenue climbed 9% year over year to $6.07 billion, and Content Sales/Licensing and Other revenue grew by 34% year over year to $2.18 billion.
The combined DTC streaming businesses improved their profitability with an operating income of $293 million on revenue of $6.07 billion (up by 9% year over year).
Moana 2 and Mufasa: The Lion King&nbsp;helped drive $312 million in operating income at Content Sales/Licensing and Other in the quarter.
The average revenue per user for domestic Disney+ customers increased from $7.20 during the September 28 quarter to $7.55 due to a higher mix of customers on its cheaper, ad-supported tier.&nbsp;
The consolidated operating income grew 31% year over year to $5.06 billion, led by the Entertainment segment&#8217;s $1.70 billion, the Sports segment&#8217;s $247 million, and the Experiences segment&#8217;s $3.11 billion.
Disney generated a quarterly operating cash flow of $3.21 billion (up 47% year over year) and a free cash flow of $739 million (down 17% year over year).
CEO Robert A. Iger flagged outstanding box office performance from its studios, which had the top three movies of 2024, profitability boost of its Entertainment DTC streaming businesses, and the addition of ESPN tile on Disney+.
Outlook:&nbsp;For fiscal 2025, Disney reiterated <a target="_blank" href="https://www.benzinga.com/24/11/41971559/disneys-q4-boosted-by-streaming-gains-strong-box-office-and-solid-parks-performance" rel="noreferrer noopener">high-single-digit</a> growth in adjusted earnings per share (EPS) compared to 2024 versus a <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $5.41</a>.
The company aims to generate around $15 billion in operating cash flow.
It expects double-digit growth in operating income for the Entertainment segment in fiscal 2025, with an increase in DTC operating income of around $875 million.
Disney expects its Experience segment to see operating income growth of 6%-8% in fiscal 2025.
The company expects its Sports segment to grow 13% in fiscal 2025.
Price Actions: DIS stock is down 0.88% at $112.30 premarket at&nbsp;the last check on Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/02/43444802/comcast-downgraded-as-broadband-struggles-and-price-cuts-raise-investor-concerns" target="_blank" rel="noreferrer noopener">Comcast Faces Broadband Headwinds, Analyst Downgrades Stock And Cuts Price Forecast</a></li>
</ul>
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Disney Q1 Earnings: Revenue And EPS Beat, Moana 2 and Mufasa Power Operating Income, 700K Drop In Streaming Subscribers

WIIM

ATEN

A10 Networks shares are trading lower. The company reported Q4 financial results.

Embraer-Empresa Brasileira De Aeronautica

Embraer shares are trading higher after its executive jets subsidiary announced a purchase agreement with Flexjet in which it secured a $7 billion order.

Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered on Wednesday predicted that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) could reach $500,000 before the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43492011/exclusive-crypto-czar-charm-offensive-welcomed-but-experts-wonder-will-us-policy-deliver">end of Donald Trump's term</a>.
What Happened: Kendrick attributes this forecast to two key factors: improved investor access to Bitcoin under the current administration and a gradual decline in volatility due to maturing market infrastructure.
"Access is improving under the Trump administration. Institutional inflows will continue to gather pace," Kendrick wrote, highlighting the impact of spot Bitcoin ETFs and expanding options markets. 
"This combination—more access, lower vol—is enough to drive Bitcoin to $500,000 before Trump leaves office,&#8221; he added.
Meanwhile, institutional inflows into <a href="https://www.benzinga.com/etfs/specialty-etfs/25/01/43249653/nasdaqs-bitcoin-etf-shift-could-strengthen-blackrocks-market-position">Bitcoin and Ethereum ETFs</a> further underline the growing adoption of digital assets.
On Feb. 4, Bitcoin spot ETFs recorded a net inflow of $341 million, with BlackRock's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) ETF alone receiving $249 million.
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) ETFs saw a net inflow of $308 million, marking the fourth consecutive day of positive flows for the asset.
These numbers highlight increasing confidence among institutional investors, despite recent market turbulence. 
Kendrick said that improved access through vehicles like ETFs is critical for Bitcoin's long-term trajectory, as it provides broader exposure for traditional finance participants.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43475386/exclusive-anthony-scaramucci-warns-donald-trumps-crypto-promises-may-be-a-mirage">EXCLUSIVE: Anthony Scaramucci Warns Donald Trump&#8217;s Crypto Promises May Be A &#8216;Mirage&#8217;</a>
Why It Matters: Recent volatility in traditional and crypto markets has tested investor sentiment.
The U.S.-China tariff war continues to dominate headlines, creating uncertainty across asset classes. While Bitcoin has shown resilience, holding above the $90,000 mark, concerns about geopolitical shocks remain.
"The delay in tariffs against Mexico and Canada has provided some relief to crypto markets," QCP Capital noted but cautioned that Bitcoin is still vulnerable to negative price shocks given the lack of near-term catalysts. 
The firm also highlighted the ongoing development of regulatory frameworks, such as stablecoin legislation and a Strategic <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43489967/the-trump-bitcoin-reserve-ushers-in-golden-age#:~:text=The%20Bitcoin%20Reserve%20Act%20requires,the%20course%20of%20criminal%20investigations.">Bitcoin Reserve</a> (SBR) task force, as long-term <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43477333/crypto-czar-sacks-says-potential-bitcoin-reserve-to-be-one-of-crypto-committees-first-priorities\">positives for the crypto industry.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43473182/could-the-trump-established-sovereign-wealth-fund-invest-in-bitcoin-nvidia-tiktok">Could The Trump-Established Sovereign Wealth Fund Invest In Bitcoin, Nvidia, TikTok?</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$BTC

$ETH

IBIT

Bitcoin To Reach $500,000 Before Trump Leaves Office: Standard Chartered

Disney CEO Iger Says A New Sportscenter Daily Show Coming to Disney+ Is Intended To Drive Engagement

TNXP

Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times

JPMorgan analysts Claudia Hueston and Pedro Martins just dropped a major AI ripple effect report, and the verdict is clear: DeepSeek's latest LLM is shaking up <a href="https://www.benzinga.com/topic/artificial-intelligence">the tech hierarchy</a>.
With the promise of slashing training and inference costs, some companies stand to gain big, while others might be in for a rough ride.
<h2 class="wp-block-heading">Winners: The AI Powerhouses</h2>
The bullish camp — tagged under JPMorgan's DeepSeek Positive Impact — is a who's who of AI titans and cloud leaders. Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) top the list, unsurprisingly, given their AI ambitions.
But the wave also lifts Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) — all crucial to AI infrastructure. Even software players like Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), Databricks rival Confluent Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) and GitLab Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) look poised to benefit from AI-powered cost efficiencies.
The key theme? AI is moving from experimental to execution mode, and companies that enable inferencing and data management stand to gain.
Read Also: <a href="https://www.benzinga.com/25/02/43487551/sundar-pichai-acknowledges-deepseeks-ai-advancementsbut-says-googles-gemini-still-leads-in-cost-performance-and-latency">Sundar Pichai Downplays DeepSeek Threat — Google&#8217;s Gemini Still Leads In Cost, Performance, And Latency</a>
<h2 class="wp-block-heading">Losers: The Hardware Setback</h2>
On the flip side, JPMorgan's DeepSeek Negative Impact list puts companies like Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) in the danger zone. With cheaper and more efficient AI models, legacy hardware players could see slower demand for expensive, high-power training chips. 
Even industrial giants like Caterpillar Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) and Cummins Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) might take a hit if AI-driven automation undercuts traditional heavy machinery investments.
<h2 class="wp-block-heading">The Takeaway: AI's Next Economic Shift</h2>
While hyperscalers are still throwing money at AI hardware, DeepSeek's disruption could eventually tilt the value proposition toward application-layer innovation. 
Companies that enable seamless AI adoption—think Salesforce Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), Shopify Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) and CrowdStrike Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)—could see an acceleration in demand, while those overly reliant on expensive, legacy infrastructure may need a strategy refresh.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/43487668/amd-ceo-lisa-su-on-deepseeks-ai-disruption-training-and-inference-with-less-infrastructure-is-a-good-thingbut-gpus-not-asics-will-still-power-the-future-of-ai-chips">AMD CEO Lisa Su On DeepSeek&#8217;s AI Disruption: &#8216;Training And Inference With Less Infrastructure Is A Good Thing&#8217; — But GPUs, Not ASICs, Will Still Power The Future Of AI Chips</a></li>
</ul>
Image: Shutterstock

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JPMorgan Picks Winners, Losers After DeepSeek Debut: How Alphabet, Amazon, Intel And Oracle Rank

Barclays analyst Alex Scott maintains Voya Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOYA#NYSE">VOYA</a>) with a Overweight and lowers the price target from $79 to $75.

Price Target

VOYA

Barclays Maintains Overweight on Voya Financial, Lowers Price Target to $75

Dayforce shares are trading lower. The company reported Q4 financial results.

SKYQ

RB Residential And Sky Quarry Combine Forces Sign LOI To Integrate Advanced Sustainability Tech With Expert Roofing Services

Barclays analyst Kannan Venkateshwar maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Overweight and raises the price target from $475 to $710.

SPOT

Barclays Maintains Overweight on Spotify Technology, Raises Price Target to $710

Electronic Arts shares are trading higher after the company reported better-than-expected Q3 EPS results. B of A Securities raised its price target on the stock from $130 to $132.

Benchmark analyst Cody Acree maintains Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) with a Buy and lowers the price target from $200 to $170.

Benchmark Maintains Buy on Advanced Micro Devices, Lowers Price Target to $170

Private employers created 183,000 new jobs in January 2025, marking a slight acceleration from December&#8217;s upwardly revised 176,000 and beating market <a href="https://www.benzinga.com/news/econ-s">expectations of 150,000. </a>
The ADP National Employment Report, released Wednesday by Automatic Data Processing Inc., highlighted continued resilience in the private labor market ahead of Friday's highly anticipated non-farm payrolls report from the Bureau of Labor Statistics. Economists expect the government report to show a slowdown in hiring, with forecasts predicting a decline from December's 256,000 to 170,000 new jobs.
Nela Richardson, ADP&#8217;s chief economist, said: &#8220;We had a strong start to 2025 but it masked a dichotomy in the labor market. Consumer-facing industries drove hiring, while job growth was weaker in business services and production.&#8221;
<h3 class="wp-block-heading">Where Did Jobs Grow in January?</h3>
The latest data revealed a divergence in job creation, with gains concentrated in service-providing industries, while goods-producing sectors continued to lag.
Goods-producing industries shed 6,000 jobs in January, driven by a 13,000 payroll reduction in manufacturing. This marked the fourth consecutive month of job losses in the sector.
Service-providing industries, on the other hand, added 190,000 positions. Trade, transportation, and utilities led the way with 56,000 new jobs, while leisure and hospitality followed closely, adding 54,000 positions.
December&#8217;s private employment growth was also revised upward to 184,000, exceeding the consensus estimate of 150,000 tracked by TradingEconomics.
The ADP report signaled ongoing moderation in wage growth. Pay increases for job stayers in January edged up 4.7% year-over-year, while job changers saw salary gains of 6.8%, down from 7.1% in December.
These figures suggest that while the labor market remains strong, wage pressures are easing—a key factor for the Federal Reserve as it assesses the timing of potential interest rate cuts in 2025.
<h3 class="wp-block-heading">Market Reactions</h3>
The U.S. Dollar Index (DXY) – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – inched slightly higher minutes after the release, trimming losses for the day. 
Futures on major U.S. indices edged lower during premarket trading in New York. The SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was 0.4% lower by 8:25 a.m. ET. 
Shares of Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) were 2.4% and 7.2% lower, respectively, weighing on tech-heavy indices. 
Gold – tracked by SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) – continued to extend record highs, with the bullion rising to $2,870 per ounce, approaching double-digit gains year-to-date. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/02/43489453/us-stocks-likely-to-open-lower-following-alphabet-amd-earnings-walt-disney-uber-ford-qualcomm-in-focus">US Stocks Likely To Open Lower Following Alphabet, AMD Earnings: Walt Disney, Uber, Ford, Qualcomm In Focus</a></li>
</ul>
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Forex

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AAPL

PowerShares DB US Dollar Index Bullish Fund

Private Employment Rises By 183,000, Beats Estimates In January: 'Consumer-Facing Industries Drove Hiring'

Atlassian's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NYSE">TEAM</a>) short percent of float has risen 7.72% since its last report. The company recently reported that it has 4.49 million shares sold short, which is 2.79% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.45 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>Atlassian Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738763250_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Atlassian 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 Atlassian'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>, Atlassian's peer group average for short interest as a percentage of float is 3.02%, 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.

Short Sellers

Short Ideas

TEAM

(TEAM) - Analyzing Atlassian's Short Interest

American Water Works's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWK#NYSE">AWK</a>) short percent of float has risen 9.62% since its last report. The company recently reported that it has 4.86 million shares sold short, which is 2.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.79 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>American Water Works Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738763245_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for American Water Works 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 American Water Works'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>, American Water Works's peer group average for short interest as a percentage of float is 3.27%, 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.

Peering Into American Water Works's Recent Short Interest

Mobileye Global's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NYSE">MBLY</a>) short percent of float has risen 17.37% since its last report. The company recently reported that it has 21.44 million shares sold short, which is 29.87% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.1 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>Mobileye Global Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738763240_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Mobileye Global 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 Mobileye Global'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>, Mobileye Global's peer group average for short interest as a percentage of float is 5.80%, 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.

MBLY

Looking Into Mobileye Global's Recent Short Interest

On Wednesday,&nbsp;Boston Scientific Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>)&nbsp;reported fourth-quarter revenues of $4.56 billion, beating the&nbsp;consensus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">estimate of $4.424 billion</a>.
Sales increased 22.4% on a reported basis, compared to the company&#8217;s guidance range of 16.5%-18.5%, and 23.1% on an operational basis, 19.5% on an organic basis, compared to the company&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41490484/boston-scientific-q3-earnings-revenue-and-eps-beat-lifts-annual-forecast-on-strong-demand-for-heart" rel="noreferrer noopener">guidance range of 14%-16%</a>.
The company earned an adjusted EPS of 70 cents, beating the consensus of 66 cents and the management&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43489813/boston-scientific-announces-results-for-fourth-quarter-and-full-year-2024" rel="noreferrer noopener">guidance of $0.64-$0.66</a>.
&#8220;2024 was one of the best years in the history of Boston Scientific, fueled by our innovative portfolio, the launch of our FARAPULSE Pulsed Field Ablation System, as well as significant clinical achievements and commercial excellence across businesses and regions,&#8221; said Mike Mahoney, chairman and chief executive officer of Boston Scientific.
The company&#8217;s cardiovascular segment generated sales of $2.94 billion, rising 28.8% (29.5% operationally and 27.4% organically).
<ul>
<li>Boston Scientific reported 31.1% growth in cardiology products and 21% in peripheral interventions.</li>
</ul>
Also Read: <a target="_blank" href="https://www.benzinga.com/general/health-care/25/01/42881585/boston-scientific-expands-cardiovascular-treatment-portfolio-with-440-million-bolt-medical-deal" rel="noreferrer noopener">Boston Scientific Expands Cardiovascular Treatment Portfolio With $440 Million+ Bolt Medical Deal</a>
MedSurg segment revenues increased 12.4% to $1.62 billion (13% operationally and 7% organically).
<ul>
<li>Urology led the way with a 19.5% increase. Neuromodulation (+11.4%) and Endoscopy (7%) followed.</li>
</ul>
Outlook: Boston Scientific forecasts net sales growth of approximately 12.5%-14.5% in 2025 on a reported basis and approximately 10%-12% on an organic basis.
The company estimates 2025 adjusted EPS $2.80-$2.87 compared to consensus of $2.81.
The company estimates net sales growth for the first quarter of 2025 of approximately 17%-19% on a reported basis and approximately 14%-16% on an organic basis, with adjusted EPS of $0.66-$0.68 compared to consensus of $0.64.
Price Action:&nbsp;BSX stock is up 0.84% at $104.41 during the premarket session at last check Wednesday.
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Matador Resources Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) shares are trading higher after the company disclosed that its subsidiary has entered into an agreement to acquire Ameredev II&#8217;s oil and gas properties in Lea County, New Mexico, and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/b39287916/matador-resources-company-announces-strategic-bolt-on-delaware-basin-acquisition" rel="noreferrer noopener">Loving and Winkler Counties, Texas, for $1.905 billion</a>.



The Ameredev acquisition also includes a 19% stake in Piñon Midstream, LLC, which has assets in southern Lea County, New Mexico. Ameredev is a portfolio company of EnCap Investments L.P.



The Ameredev acquisition, effective June 1, 2024, is expected to close late in the&nbsp;third quarter of 2024, pending customary conditions.



The deal will expand Matador&#8217;s midstream footprint with a 19% stake in Piñon, enhancing coordination in gathering, transporting, and treating natural gas from the Ameredev properties.



Synergies: After deal closure, Matador expects to have over 190,000 net acres in the Delaware Basin, around 2,000 net locations, production exceeding 180,000 BOE per day, proven reserves of over 580 million BOE, and an enterprise value surpassing $10 billion.



The acquisition is expected to generate forward one-year Adjusted EBITDA of approximately $425 to $475 million at strip prices as of late May 2024, representing an attractive purchase price multiple of 4.2x for the upstream assets.



Ameredev asset highlights include an estimated production of 25,000 to 26,000 BOE daily, with <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">65% oil, in the third quarter of 2024</a>.



Matador estimates the total proved oil and natural gas reserves linked to the Ameredev properties to be 118 million BOE (60% oil) as of May-end.



Upon combining with Ameredev, the pro forma company is projected to possess 578 million BOE, marking a 26% increase from Matador&#8217;s total proved reserves of 460 million BOE as of December 31, 2023.



Joseph Wm. Foran, Matador&#8217;s Founder, Chairman, and CEO, said, &#8220;We evaluated this opportunity based on the high rock quality, the strong existing production and cash flow profile, the significant reserves additions, the high-quality inventory, the strategic fit within our existing portfolio of properties and the expansion of our midstream footprint with an ownership interest in Piñon.&#8221;



&#8220;We took significant strides during and shortly after the first quarter of 2024 to strengthen our balance sheet and allow us to participate in another special opportunity like this one.&#8221;



&#8220;This acquisition also positions Matador for continued success and growth throughout 2024, 2025 and into the future as one of the top ten producers in the Delaware Basin.&#8221;



To assist in financing this all-cash transaction, Matador has received firm commitments from PNC Bank, the lead bank under its reserves-based credit facility.



As of March-end, Matador Resources&#8217; cash and<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38389972/matador-resources-company-reports-first-quarter-2024-financial-and-operating-results" rel="noreferrer noopener"> restricted cash stood at $74.3 million</a>.



Investors can gain exposure to the stock via Invesco S&amp;P MidCap 400 GARP ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRPM#NYSE">GRPM</a>) and Nuveen Small Cap Select ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSCS#NYSE">NSCS</a>).



Price Action: MTDR shares are up 1.21% at $60.33 at the last check Wednesday.



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



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Matador Resources' $1.9B Deal Expands Oil And Gas Dominance In Texas And New Mexico: Details

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