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MVST

Microvast Holdings Inc (NASDAQ:MVST) announced an expansion of its energy division with a new manufacturing facility in Windsor, Colorado. The facility, expected to be operational in 2023, will play a significant role in delivering energy storage systems to the fast-growing utility-scale energy storage market. The strategic location will optimize the company's supply chain and reduce lead times. Microvast's stock has rallied over the past few months, driven by better-than-expected quarterly results and raised full-year 2023 guidance.

Portfolio Pulse from Adam Eckert

July 11, 2023 | 6:12 pm

HUM

Humana (NYSE:HUM) has outperformed the market over the past 15 years, producing an average annual return of 17.82%. If an investor had bought $100 of HUM stock 15 years ago, it would be worth $1,141.26 today. The company currently has a market capitalization of $54.64 billion.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 6:00 pm

INTU

Over the past 10 years, Intuit (NASDAQ:INTU) has outperformed the market by 11.52% on an annualized basis, producing an average annual return of 21.67%. If an investor had bought $1000 of INTU stock 10 years ago, it would be worth $7,117.54 today. Intuit currently has a market capitalization of $129.23 billion.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 6:00 pm

ETHUSD

On Monday, 4,467.39 Ether (ETH) worth $8,360,532 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a variable base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -4.56%.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 6:00 pm

MKFG

The Naval Air Warfare Center- Aircraft Division at Patuxent River, MD has announced its intention to solicit and negotiate the purchase of Markforged 3D printing equipment for the Mechanical Instrumentation Branch.

Portfolio Pulse from Charles Gross

July 11, 2023 | 5:53 pm

ABNB

CRI

HELE

LEN

NIO

PSNY

RIVN

TSLA

XPOF

Benzinga's options activity scanner has identified significant options activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Rivian (RIVN), NIO (NIO), Carter's (CRI), Helen of Troy (HELE), Parsons (PSNY), XPO Logistics (XPOF), Airbnb (ABNB), Lennar (LEN), and Home Depot (HD). The options activity ranges from bullish to bearish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:38 pm

COIN

Coinbase Global has resolved the connection issues for Coinbase.com, according to a Reuters report.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 5:33 pm

HDB

HDFC Bank (NYSE:HDB) has outperformed the market over the past 10 years by 3.86% on an annualized basis, producing an average annual return of 14.02%. If an investor had bought $1000 of HDB stock 10 years ago, it would be worth $3,620.23 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:30 pm

VLO

Valero Energy (NYSE:VLO) has outperformed the market over the past 10 years by 2.59% on an annualized basis, producing an average annual return of 12.75%. If an investor had bought $1000 of VLO stock 10 years ago, it would be worth $3,262.86 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:30 pm

CNTMF

GDNSF

GRUSF

PLNHF

The article discusses the credit quality and valuation of eight public U.S. cannabis companies with market caps over $20M and coverage from fewer than two sell-side analysts. Planet 13 (OTC:PLNHF), Grown Rogue (OTC:GRUSF), C21 Investments, and Cansortium (OTC:CNTMF) are identified as investable and well-priced. However, the companies on the right of the graph, including Goodness Growth (OTC:GDNSF), have negative cash flow from operations, high debt/mkt cap, and challenged profitability.

Portfolio Pulse from Viridian Capital Advisors

July 11, 2023 | 5:18 pm