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Assets

SPY

In a CNBC interview, Bridgewater's Ray Dalio stated that U.S. Treasury bonds are a risky investment due to low interest rates and potential inflation. He suggested investors consider diversifying their portfolios.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 3:39 pm

NVDA

Nvidia's strategic investments, such as participating in Cohere's $270 million Series C funding round, have reinforced its growing influence in the AI industry. The company's stock value surged by over 24% following its earnings announcement and a further 4% increase.

Portfolio Pulse from Zaheer Anwari

June 12, 2023 | 2:57 pm

AFRM

Affirm Holdings (AFRM) has an option alert for July 21 $22.5 calls sweep with 710 contracts near the ask price of $0.8, compared to an open interest of 1292 contracts. The stock is currently trading at $17.835.

Portfolio Pulse from Charles Gross

June 12, 2023 | 2:56 pm

XSHLF

XS Financial Inc. has amended its unsecured convertible notes worth $43.5 million, extending the maturity date to either December 31, 2024 or June 30, 2024, depending on certain conditions. The amendments also include changes to the conversion price, interest rate, and removal of a debt-to-net-worth ratio restriction.

Portfolio Pulse from Vuk Zdinjak

June 12, 2023 | 2:28 pm

F

Ford has opened its Cologne Electric Vehicle Center in Germany, part of its $2 billion investment to transform the facility into an EV manufacturing center. The plant will produce Ford's all-electric Explorer and has a capacity of 250,000 electric vehicles per year. Ford aims to be carbon neutral across its European facilities by 2035.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:09 pm

APRN

Blue Apron Holdings (NYSE:APRN) sold its production and fulfillment operational infrastructure to FreshRealm for $28.5 million in cash, with an additional $4 million if certain milestones are met by September 30. The company also signed a 10-year deal making FreshRealm the exclusive supplier of its meal kits.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 2:09 pm

NVO

Novo Nordisk plans to invest DKK 15.9 billion in 2023 to expand its API production facility in Denmark, aiming to increase production capacity and support its late-phase product portfolio. The new facility is expected to start producing API by 2029 and create 340 new jobs.

Portfolio Pulse from Lekha Gupta

June 12, 2023 | 1:38 pm

LEXX

Lexaria Bioscience has appointed Mike Shankman as its new CFO, succeeding Greg Downey with immediate effect.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:24 pm

BX

Blackstone has announced a majority investment in New Tradition Media, a leading out-of-home advertising company. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:02 pm

HOOD

Robinhood Markets reported $81.8B in assets under custody at the end of May, a 6% increase from April. Net deposits for the month were $1.6B, representing a 25% annual growth rate from May.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 12:33 pm