Streetbeat News

Equity Actions

DHI

D.R. Horton has raised its fiscal 2023 revenue outlook to $34.70B - $35.10B, up from the previous estimate of $31.50B - $33B. The company expects to close between 82,800 and 83,300 homes, and between 6,500 and 7,000 rental homes/units. Cash provided by operations is expected to exceed $3.0 billion.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 10:37 am

ATAT

Atour Lifestyle Holdings has appointed Jianfeng Wu as Co-CFO. Wu will be responsible for overseeing the company's capital market matters, including investor relations and financing management, and will provide administrative support to the Board and assist in daily operations.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 10:03 am

BUD

Morgan Stanley analyst Sarah Simon has upgraded Anheuser-Busch InBev (NYSE:BUD) from Equal-Weight to Overweight and raised the price target from $64 to $68.5.

Portfolio Pulse from richadhand@benzinga.com

July 20, 2023 | 9:42 am

NNDM

SSYS

Nano Dimension has nominated seven directors for the Stratasys board, urging Stratasys shareholders to vote for their nominees at the Annual General Meeting on August 8th, 2023. This move is aimed at replacing the majority of the current Stratasys Board.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:30 am

EEMA

EZU

FLAX

SPY

TSLA

US markets ended higher on Wednesday, with the Dow Jones Industrial Average and the S&P 500 recording gains. Tesla reported a 47% YoY increase in Q2 revenue, beating estimates. Asian markets showed mixed results, with Japan's Nikkei 225 and China's Shanghai Composite closing lower, while Australia's S&P/ASX 200 closed higher. European markets were trading higher, and commodities showed mixed results. US futures showed mixed results, and the US Dollar Index slid 0.09%.

Portfolio Pulse from Akanksha Bakshi

July 20, 2023 | 9:30 am

TSLA

Tesla CEO Elon Musk announced that the first Optimus bot, integrated with Tesla-designed actuators, is expected to be operational by November. The actuators, which are lighter, tighter, and more capable, are designed for volume production. Musk also mentioned that these bots could be useful in Tesla factories by next year. The Optimus bot was initially designed to perform unsafe, repetitive, or boring tasks.

Portfolio Pulse from Anan Ashraf

July 20, 2023 | 6:09 am

NCPL

Netcapital has priced its public offering of 1.725 million shares at $0.70 per share.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 5:27 am

COTY

Coty Inc. has announced the pricing of its upsized $750 million senior secured notes due 2030, which were previously $600 million. The notes will have an interest rate of 6.625%.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 5:24 am

IFBD

Infobird has announced plans to relocate its operations to Hong Kong as part of its strategy to expand its global presence.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 5:21 am

LGIH

LGI Homes has expanded its presence in Florida by launching new homes in Port Charlotte. This move is expected to increase the company's market share in the region.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 4:29 am