Streetbeat News

Equity Actions

YTEN

Yield10 Bioscience has filed for a common stock offering, although the size of the offering has not been disclosed.

Portfolio Pulse from Charles Gross

July 14, 2023 | 10:03 am

ARKK

BAC

BYDDF

TSLA

XRP-USD

Ark Invest purchased 1.4M shares of Quantum-Si. Citigroup is expected to report lower Q2 earnings. Bank of America is adopting AI and Metaverse for new employee onboarding. Tesla may soon include AirPlay for in-car entertainment. BYD, backed by Warren Buffett, is planning to enter India's EV market with a $1B proposal. Over $33M worth of XRP shorts were liquidated in 12 hours.

Portfolio Pulse from Akanksha Bakshi

July 14, 2023 | 9:55 am

SPY

Tucker Carlson and former White House adviser Neil Patel are reportedly seeking to raise funds to start a new media company, according to the Wall Street Journal. No specific details about the potential investors or the amount of funds being sought were provided.

Portfolio Pulse from Charles Gross

July 14, 2023 | 9:31 am

EWM

TSLA

Malaysian Prime Minister Anwar Ibrahim has welcomed Tesla's decision to invest in Malaysia, following a video call with Tesla CEO Elon Musk.

Portfolio Pulse from Charles Gross

July 14, 2023 | 9:02 am

BRKA

BYDDF

TSLA

China’s largest EV maker, BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway, has proposed a $1 billion investment to build electric cars and batteries in India through a joint venture with a local engineering company. This move could challenge Tesla Inc’s dominance in the EV market and expand BYD's global presence. BYD has already invested $200 million in India and plans to manufacture 100,000 EVs annually in India over the next few years.

Portfolio Pulse from Arpit Nayak

July 14, 2023 | 8:36 am

CRBU

Caribou Biosciences has announced the pricing of its upsized $125M public offering.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 6:49 am

CDXS

KTOS

QSI

SDGR

TER

Ark Invest, led by Cathie Wood, purchased over 1.4 million shares of Quantum-Si Inc (NASDAQ:QSI) valued at $3.7 million. This is the largest purchase of Quantum-Si shares by Ark Invest so far. The shares were bought through the Ark Genomic Revolution ETF (ARKG). Ark Invest also sold shares of Kratos Defense & Security (NASDAQ:KTOS), Codexis Inc (NASDAQ:CDXS), and Schrodinger Inc (NASDAQ:SDGR), and bought shares of Teradyne Inc (NASDAQ:TER).

Portfolio Pulse from Benzinga Neuro

July 14, 2023 | 3:39 am

ACRHF

Cannabis firm Botanica has raised $9 million in Series B funding from institutional cannabis investors including KEY Investment Partners and GreenAxs Capital. The funding will support Botanica's expansion plans and growing market share for its edible brands, Mr. Moxey's and Journeyman. The company also plans to increase market share for Mr. Moxey's and introduce Journeyman Lemonade to new markets, including Illinois, Colorado, and Oregon, in 2023. Botanica's partnership with multi-state operator Acreage Holdings Inc. (OTCQX:ACRHF) would further support its expansion plans.

Portfolio Pulse from Joana Scopel

July 13, 2023 | 10:36 pm

SXTP

60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) recently went public, offering 1.42 million shares at $5.30 per share. On its first day of trading, the stock increased 24.80% from its opening price of $3.75 to its closing price of $4.68. The company has an insider lock-up period of 180 days, ending on January 08, 2024, during which major shareholders cannot sell their shares.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:30 pm

DIS

The Walt Disney Company (NYSE:DIS) has been in a persistent conflict with Florida Governor Ron DeSantis over the Florida Parental Rights in Education Act. The governor's wealth has increased significantly since his election, with a net worth of $1.17 million at the end of 2022. Disney shares hit all-time highs in March 2021 during the COVID-19 pandemic, and there is optimism about a return to these highs with former CEO Bob Iger back at the helm. Investors purchasing 5,794.66 shares of Disney today could see their investment value soar to $1.17 million if Disney shares reach their all-time high of $201.91 again.

Portfolio Pulse from Chris Katje

July 13, 2023 | 9:09 pm