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Equity Actions

NVDA

Bryn Talkington, a frequent guest on CNBC, announced live on the network that she has purchased more shares of Nvidia Corp.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 4:10 pm

SPKY

SPY

The Convexity Daily 1.5x SPIKES Futures ETF (SPKY) was consolidating over 5% lower after surging about 11% on Thursday. SPKY is a 1.5x leveraged fund that follows the SPIKES Futures Short-Term Index, similar to the ProShares Ultra VIX Short Term Futures ETF (UVXY). Following the Federal Reserve’s decision to apply a 0.25% rate hike, the SPDR S&P 500 (SPY) dropped 1.42% of its high-of-day on Thursday. On Friday, the SPY and SPKY were consolidating with inside bar patterns on lower-than-average volume.

Portfolio Pulse from Melanie Schaffer

July 28, 2023 | 4:09 pm

FXI

SPY

President Biden is expected to sign an order by mid-August that would limit U.S. investment in China, particularly in critical technologies. China has warned of retaliation if the U.S. imposes such restrictions.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 4:03 pm

FIXX

Homology Medicines is considering strategic options, which has led to an increase in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:51 pm

TNXP

Tonix Pharmaceuticals has priced its public offering of 7 million shares at $1 per share, which has led to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:49 pm

BJDX

Bluejay Diagnostics, Inc. (NASDAQ:BJDX) shares have surged after the company announced a 1-for-20 reverse stock split last Friday. The stock is up more than 20% since the split and over 40% for the session. Trading of BJDX was halted on Friday morning due to a circuit breaker but has since resumed. More than 7 million shares of BDJX have been traded in the session, compared to the stock's 100-day average of just under 244,700 shares.

Portfolio Pulse from Erica Kollmann

July 28, 2023 | 3:06 pm

JNJ

A significant bullish stance has been taken on Johnson & Johnson (NYSE:JNJ) as indicated by unusual options activity. The options scanner at Benzinga spotted 17 uncommon options trades for Johnson & Johnson, with a split sentiment of 52% bullish and 47% bearish among big-money traders. The whales have been targeting a price range from $140.0 to $210.0 for Johnson & Johnson over the last 3 months. The current price of JNJ is up 0.36% at $174.32. Barclays, Raymond James, JP Morgan, and Morgan Stanley have maintained their ratings on Johnson & Johnson with price targets ranging from $175 to $187.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 3:02 pm

AUR

UBER

Uber has increased its stake in Aurora to nearly 325.9 million shares from 300.9 million, despite company co-founder Sterling Anderson selling off his shares in the self-driving technology company.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 3:01 pm

GTLS

Chart Industries, Inc. (NYSE:GTLS) reported Q2 FY23 sales growth of 10.3% YoY to $908.1 million, missing the consensus of $971.81 million. Adjusted EPS was $1.19, beating the consensus of $0.93. The company's Q2 results reflect the first full quarter of ownership of Howden. The company agreed to sell Comco fans business to PX3 Partners for $80 million and a French product line for €4.25 million. GTLS anticipates generating ~$500 million from divestitures, including the $380 million from the announced Roots and Comco divestitures. GTLS shares traded higher by 8.26% at $171.68 on the last check Friday.

Portfolio Pulse from Akanksha Bakshi

July 28, 2023 | 2:58 pm

HITI

High Tide Inc. (NASDAQ:HITI) announced the opening of its 154th Canna Cabana retail cannabis store in St. Thomas, Ontario, marking its 50th location in the province. The new store will begin selling recreational cannabis products and consumption accessories for adult use on July 30. The company plans to use the location as a pilot for a potential new concept that heavily focuses on its proprietary Fastendr retail kiosk technology. High Tide aims to achieve positive free cash flow by the end of the year.

Portfolio Pulse from Vuk Zdinjak

July 28, 2023 | 2:57 pm