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LYFT

UBER

Lyft, Inc. (NASDAQ:LYFT) shares are up by 18% over the last 30 days and are trading over 10% higher on Monday. The stock has garnered attention from short sellers with 13.6% of available shares being sold short. Nearly 12 million shares of LYFT have been traded on Monday compared to the 100-day average of 17.58 million shares. Lyft's competitor, Uber Technologies, Inc. (NYSE:UBER), has risen more than 35% over the past three months.

Portfolio Pulse from Erica Kollmann

July 10, 2023 | 3:30 pm

AAPL

AMD

AMZN

ASHR

BTCUSD

GOOG

META

MSFT

NVDA

SSNLF

TSLA

TSM

China's producer deflation and its potential impact on the global economy, including the U.S., is highlighted. The Chinese market has not seen a significant rally this year, unlike the U.S. market, which has been driven by an AI frenzy. The seven major stocks benefiting from this are Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla. China's CPI came at 0.0% year-over-year vs. 0.2% consensus, and PPI at -5.4% year-over-year vs. -5% consensus. The Chinese government is expected to provide stimulus to counter deflation, but investors are warned not to be overly optimistic due to China's local government debt issues. Negative data from Taiwan Semiconductor Manufacturing and Samsung Electronics, leading semiconductor manufacturers, is also noted.

Portfolio Pulse from The Arora Report

July 10, 2023 | 3:29 pm

BTCUSD

ETHUSD

VGK

Bank of England Governor Bailey has criticized stablecoins, stating they are not robust and do not meet the standards of safe money. He also warned that money held on deposit in a failed bank above 85,000 pounds may not retain all its value.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 3:16 pm

ADBE

Investor Business Daily SwingTrader has reportedly purchased Adobe Inc. stock.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 3:13 pm

AVAXUSD

Avalanche's (CRYPTO: AVAX) price has decreased by 4.38% over the past 24 hours to $13.37, continuing its downward trend over the past week. The trading volume for the coin has tumbled 7.0% over the past week while the circulating supply of the coin has risen 0.11%. The current market cap ranking for AVAX is #17 at $4.61 billion.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 3:01 pm

BCHUSD

Bitcoin Cash's (CRYPTO: BCH) price has increased 3.9% over the past 24 hours to $278.76, despite a 8.0% loss over the past week. The trading volume for the coin has fallen 33.0% over the past week, while the circulating supply has increased 0.19% to 19.44 million, making up an estimated 92.59% of its max supply of 21.00 million. The current market cap ranking for BCH is #15 at $5.39 billion.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 3:00 pm

BNBUSD

BNB's price has risen 4.32% to $244.73 in the past 24 hours, despite a negative trend over the past week with a 2.0% loss. The coin's all-time high is $686.31. The trading volume has decreased 15.0% over the past week, while the overall circulating supply has increased 0.03% to over 155.86 million. The current market cap ranking for BNB is #4 at $37.97 billion.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 3:00 pm

BNBUSD

Crypto exchange Binance has announced the 32nd project on its Launchpad, Arkham. The token sale for Arkham will follow the Launchpad's subscription format, with recording of users' Binance Coin (BNB) balances commencing on July 11 and continuing for six days. The Arkham token will have a total supply of 1 billion tokens, with 5% allocated to Binance Launchpad. The public sale token price is set at $0.05 per ARKM, with the price in BNB to be determined prior to subscription.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 2:52 pm

BONEUSD

BTCUSD

COMPUSD

ETHUSD

Bitcoin (BTC) and Ethereum (ETH) traded slightly lower, but remained above the $30,000 and $1,900 levels respectively. Compound (COMP) was the top gainer over the prior 24 hours, while Bone ShibaSwap (BONE) was the biggest loser. The global crypto market cap fell to $1.17 trillion, recording a 24-hour decline of 0.5%.

Portfolio Pulse from Lisa Levin

July 10, 2023 | 2:36 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) reported a 35.8% YoY increase in Bitcoin mined in June 2023. The company's proprietary hash rate also increased by 0.8 EH/s from May 2023 due to the arrival of 8,000 new mining machines at its Gedu mining data center in Bhutan. The Gedu Datacenter is expected to commence operations in July 2023, contributing an additional 100MW to the company's electricity capacity. The company is also constructing a 175MW immersion cooling data center in Tydal, Norway, expected to be completed in 2025. BTDR shares are trading higher by 5.78% to $13.37.

Portfolio Pulse from Nabaparna Bhattacharya

July 10, 2023 | 2:32 pm