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CMI

Cummins Inc. (NYSE:CMI) has bought out Air Liquide's 19% stake in Hydrogenics Corporation, a company it acquired in 2019. This move gives Cummins full ownership of key fuel cell and electrolyzer technologies.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 7:23 am

BTCUSD

DOGEUSD

ETHUSD

PEPEUSD

SHIBUSD

Pepe Coin (PEPE) has surged 15% in the last 24 hours, surpassing Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of market capitalization. This rise is attributed to a shift in the overall market, triggered by financial institutions like BlackRock, WisdomTree, and Fidelity filing for spot Bitcoin (BTC) ETFs. PEPE is currently trading at $0.0000017.

Portfolio Pulse from Mehab Qureshi

June 30, 2023 | 5:19 am

ETHUSD

MATICUSD

SOLUSD

Former US President Donald Trump's NFT collection has seen a 300% increase in sales and a 339% increase in trading volume in the past 24 hours. This surge comes two months after the release of a second batch of Trump's NFT trading cards, which devalued the first set. Melania Trump's NFT collection, 'The 1776 Collection', is also gaining popularity. Donald Trump's collection was sold on the Ethereum scaling network Polygon, while Melania's collection is based on the Solana blockchain.

Portfolio Pulse from Mehab Qureshi

June 30, 2023 | 4:15 am

BTCUSD

DOGEUSD

ETHUSD

Fidelity Investment has resubmitted an application for a spot Bitcoin ETF, following a trend among asset managers such as BlackRock, WisdomTree, Invesco, and Bitwise. This news has led to a rise in major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin. The US economy also exceeded expectations with a 2% expansion in the first quarter, and a significant drop in initial jobless claims. The US stock market saw a rise, propelled by gains in major bank stocks following the Federal Reserve’s annual stress test.

Portfolio Pulse from Mehab Qureshi

June 30, 2023 | 2:42 am

WEC

WEC Energy Group (NYSE:WEC) has outperformed the market over the past 20 years, producing an average annual return of 9.32%. If an investor had bought $100 of WEC stock 20 years ago, it would be worth $593.74 today. The company currently has a market capitalization of $27.52 billion.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 9:00 pm

CBAN

Colony Bank has announced the appointment of Derek Shelnutt as Executive Vice President and Chief Financial Officer, effective from July 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 8:47 pm

EML

The Eastern Company (NASDAQ:EML) has acquired certain assets of Sureflex, Inc., a manufacturer of tractor-trailer electrical connection cable assemblies. The financial terms of the transaction were not disclosed. Sureflex will become part of Eastern's Velvac subsidiary, enabling Velvac to manufacture electrical products and become cost/quality competitive.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 8:42 pm

WIT

Wipro (NYSE:WIT) has outperformed the market over the past 20 years by 1.93% on an annualized basis, producing an average annual return of 9.53%. If an investor had bought $100 of WIT stock 20 years ago, it would be worth $613.94 today.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:31 pm

BTCUSD

SPY

The article discusses the rise in Bitcoin's value since the shutdown of Silk Road, an underground marketplace that used Bitcoin as a primary payment method. It states that a $1,000 investment in Bitcoin on Oct. 2, 2013, would be worth $233,350.01 today, a return of 23,235.0%. In comparison, a $1,000 investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $3,091 today, a return of 209%.

Portfolio Pulse from Chris Katje

June 29, 2023 | 8:28 pm

FLWS

1-800-FLOWERS.COM announced that CEO Christopher McCann will step down due to personal health reasons, effective July 3, 2023. Jim McCann, who served as CEO from inception through 2016, will resume his role as CEO and remain Chairman. Christopher McCann will continue to serve on the Company's Board of Directors and as an officer of various subsidiaries.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 8:18 pm