Streetbeat News

Equity Actions

PEP

PepsiCo's CFO, Johnston, has stated that the company is facing challenges in developing and emerging markets due to inflation. This information was revealed in an interview cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 12:15 pm

ELEV

Elevation Oncology has appointed Joseph Ferra as its CEO, who was previously serving as the interim CEO and CFO. The company has also promoted Tammy Furlong from Vice President of Finance and Accounting to CFO.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 12:10 pm

ACIW

ACI Worldwide (NASDAQ:ACIW) and Security Bank Corporation have partnered to revolutionize the Bank's real-time payment hub. Security Bank will implement ACI's cloud-native Enterprise Payments Platform solution, unifying its payments platform and facilitating interoperability of payment services. The modernized payment hub will allow Security Bank to roll out innovative products and services faster. Real-time payment transactions in the Philippines are expected to grow from 625 million in 2022 to 1.5 billion by 2027, representing a CAGR of 18.7%.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:09 pm

XWELL

XWELL, Inc. has appointed Suzanne Scrabis as its new Chief Financial Officer. No further details were provided in the article.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 12:09 pm

EXLS

EXL has announced a five-for-one forward stock split, which is expected to begin on August 2.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 12:05 pm

BGI

EBET

GNLN

The article lists three consumer stocks that are currently oversold and could present buying opportunities. These include Birks Group Inc. (BGI), Greenlane Holdings, Inc. (GNLN), and EBET, Inc. (EBET). Birks Group reported a 2.9% growth in comparable store sales for the year ended March 25, 2023, despite economic headwinds. Greenlane Holdings recently announced a $4 million public offering. EBET, Inc. received a limited waiver of some financial covenants until June 30, 2023.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 11:58 am

SVRA

Savara Inc. has priced a public offering of 21 million shares at $3.00 per share and 5.7 million pre-funded warrants to purchase common stock at $2.999 per pre-funded warrant. The gross proceeds from this offering are expected to be approximately $80 million.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:07 am

SONY

Sony Group has announced plans to increase its R&D spending in its gaming business, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:57 am

AAPL

GOOGL

LCID

MSFT

TSLA

Investor sentiment improves following inflation report. Cathie Wood's Ark Invest continues to sell Tesla stocks despite its rise and AI potential. China issues new AI guidelines following Elon Musk's remarks. Apple releases first iOS 17 public beta and Siri now supports English and Hindi. Google is accused of stealing content on the internet. Microsoft expresses disappointment at FTC for pursuing case against Activision acquisition. Tesla plans to set up its own supply chain ecosystem in India. Lucid's stock slumps by 11%. Shiba Inu's burn rate plunges 100%. Elon Musk's new ChatGPT competitor ignites 750% rally for an unrelated token.

Portfolio Pulse from Akanksha Bakshi

July 13, 2023 | 10:44 am

TTD

The Trade Desk (TTD) shares are trading higher after the company announced it would join the Nasdaq-100 Index starting July 17th, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:40 am