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TTWO

Take-Two Interactive (NASDAQ:TTWO) has outperformed the market over the past 15 years, producing an average annual return of 12.81%. If an investor had bought $1000 of TTWO stock 15 years ago, it would be worth $6,145.99 today. The company currently has a market capitalization of $24.67 billion.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:02 pm

SPY

The USA Durables Excluding Defense (MoM) for May remained steady at 3%, the same as the prior month.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 2:01 pm

BTCUSD

COMPUSD

ENJUSD

ETHUSD

Bitcoin and Ethereum traded lower but remained above key levels of $30,000 and $1,900 respectively. Enjin Coin was the top gainer over the past 24 hours, while Compound was the biggest loser. The global crypto market cap fell to $1.19 trillion, a 24-hour decline of 2.1%.

Portfolio Pulse from Lisa Levin

July 05, 2023 | 2:01 pm

SPY

Factory orders excluding transportation for May have decreased by 0.5%, which is lower than the expected 0.5% and the prior 0.2%.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 2:00 pm

SPY

Factory orders for May came in at 0.3%, lower than the expected 0.8% and the prior figure of 0.4%.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 2:00 pm

CVX

GLNCY

Bunge Ltd (NYSE:BG) and Chevron Corp's (NYSE:CVX) subsidiary Renewable Energy Group Inc. have acquired Argentina-based Chacraservicios S.r.l, a company that cultivates Camelina Sativa, a high oil content crop. The acquisition will add a new oil source to Bunge and boost Chevron's global supply chains, aiding both companies in catering to the increasing demand for lower-carbon renewable feedstocks. Last month, Bunge also disclosed an agreement to acquire Glencore PLC's (OTC:GLNCY) Viterra Limited.

Portfolio Pulse from Lekha Gupta

July 05, 2023 | 1:48 pm

DHI

D.R. Horton Inc (DHI) has acquired the homebuilding operations of Truland Homes for approximately $100 million in cash. The assets include around 263 lots, 155 homes in inventory, and 55 homes in sales order backlog. DHI also purchased additional lots and controls from Truland affiliates and third parties. The company plans to merge the Truland operations with its platforms in Baldwin County, Alabama, and Northwest Florida.

Portfolio Pulse from Lekha Gupta

July 05, 2023 | 1:37 pm

AAPL

BABA

HLN

MDLZ

NKLA

PFE

RIVN

TSM

UPS

Apple lost an appeal over 4G patent infringement in London court, marking another victory for Optis Cellular Technology. Deutsche Bank and Commerzbank face a $348M lawsuit by RusKhimAlyans, a Gazprom subsidiary. Nikola Corp plans to liquidate the assets of battery maker Romeo Power. Pfizer and Samsung Biologics signed two agreements for long-term manufacturing of Pfizer's biosimilar portfolio, worth $897M. Airbus is investing in a new Wing Technology Development Centre at its Filton site in the UK. TSMC expects a significant revenue rebound due to the launch of new Apple iPhones and strong demand for AI chips. Rivian Automotive reported Q2 production and delivery numbers. Evotec secured a US government contract for orthopoxvirus antibody. Mondelēz recalled two varieties of belVita biscuits in the US over peanut contamination. BYD plans to invest $620M in Brazil's Camaçari Industrial Complex. Alibaba is conducting a strategic review of video streaming platforms Youku and Tudou. UPS drivers consider going on strike after failed labor talks. OMV and ADNOC are in talks to create a chemicals and plastics company worth over $30B. Haleon is considering divesting some smoking cessation products to sell non-core businesses.

Portfolio Pulse from Vandana Singh

July 05, 2023 | 1:23 pm

DUK

Duke Energy Corp has agreed to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners for $364 million. The company expects to receive approximately $259 million from this transaction. The sale includes REC Solar operating assets, development pipeline, and O&M portfolio, and distributed fuel cell projects. This move supports Duke Energy's long-term regulated clean energy strategy.

Portfolio Pulse from Akanksha Bakshi

July 05, 2023 | 1:22 pm

RTX

Raytheon Technologies (RTX) has been awarded a $117.5 million contract by the US Army for advanced targeting sensor systems. This could potentially boost the company's revenues and profitability.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:22 pm