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BLK

BTCUSD

XRPUSD

Ex-SEC head Jay Clayton stated that approval of a Bitcoin ETF could be a 'hard to resist' prospect, acknowledging the significant strides made in the digital asset space. He noted that a well-defined regulatory framework could make the approval of an ETF more likely. Leading financial firms including BlackRock Inc and Fidelity have recently lodged their Bitcoin ETF applications.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 9:22 pm

ASTR

Astra Space's board of directors has approved a reverse stock split, which is expected to be completed on or before October 2, 2023. The exact ratio and timing of the split will be determined by the board, but it will be in the range of 1-for-5 to 1-for-15.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 9:18 pm

DWAC

Digital World has appointed Eric Swider as its permanent CEO, effective from July 6, 2023. Swider has been serving as the Interim CEO since March 19, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 9:16 pm

INCR

Intercure has announced its plans to voluntarily delist from the Toronto Stock Exchange. However, it will continue to be listed on the NASDAQ and TASE.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 9:01 pm

GBTG

American Express Global Business Travel (GBTG) has announced a simplification of its corporate structure, including the elimination of its Up-C structure. This move is expected to improve market data integrity and increase its weighting on indices.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:54 pm

IOVA

Iovance Biotherapeutics has announced a proposed public offering of common stock worth $150 million. The proceeds will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:35 pm

AMD

AMD has announced the appointment of Phil Guido as the new Chief Commercial Officer. Guido, who has over 30 years of experience at IBM, will be responsible for leading the AMD worldwide sales organization. The company aims to accelerate the adoption of its products with commercial and data center customers. Darren Grasby, the former Chief Sales Officer, will transition into a new role as executive vice president, strategic partnerships.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 8:18 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

TQQQ

TSLA

The Nasdaq 100 Index, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), is set to undergo a significant rebalancing on July 24 to curb the dominance of large corporations including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), NVIDIA (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA). This may lead to significant price shifts in the tech-heavy index. ETFs that follow the Nasdaq 100 Index, like the ProShares UltraPro QQQ ETF (NASDAQ:TQQQ), are also preparing for the rebalance.

Portfolio Pulse from Piero Cingari

July 10, 2023 | 8:15 pm

VSTO

Vista Outdoor Inc. (NYSE:VSTO) has appointed Jordan Judd as president of its brand Simms Fishing Products, effective Aug. 1. Judd previously served as president and general manager of Salomon North America, a brand owned by Amer Sports. Vista Outdoor acquired Simms in 2022, and the brand will be included in the new Outdoor Products Company upon completion of the previously announced separation.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 8:08 pm

WDFC

WD-40 Company has announced a share buyback program of 50 million shares. This move is typically seen as a sign of confidence in the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:07 pm