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PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares have gained over 15% in the past five days. The company was upgraded from Market Perform to Outperform by Northland Capital Markets analyst Abhishek Sinha, with a price target of $22. Plug Power announced a large order for 100 MW of PEM electrolyzers for a green hydrogen project in Europe and was selected to supply two 5-MW PEM electrolyzer systems for green hydrogen projects in Australia. 20.29% of available shares are currently being sold short.

Portfolio Pulse from Erica Kollmann

July 14, 2023 | 4:37 pm

EWY

TSLA

Tesla Inc. has begun selling its Chinese-made Model Y vehicles in South Korea. The price of the rear-wheel drive model is $44,000, which can be reduced to $37,000 in Seoul and as low as $30,000 in some cities with additional EV incentives.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 3:56 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) has begun offering traditional and Roth individual retirement accounts (IRAs), marking a shift from its reputation as a hub for short-term trades. The move is seen as a strategic decision to diversify its user base, secure steady revenue streams, and potentially enhance its brand image. Unlike its competitors, Robinhood's revenue model for IRA accounts remains tied to trading activity. The company will also match 1% on any deposit made into the account.

Portfolio Pulse from AJ Fabino

July 14, 2023 | 3:30 pm

GILD

The FDA has approved Gilead Sciences Inc's (NASDAQ:GILD) supplemental new drug application for using Veklury (remdesivir) in COVID-19 patients with severe renal impairment, including those on dialysis. This makes Veklury the first and only approved antiviral COVID-19 treatment that can be used across all stages of renal disease. The approval was based on results from a Phase 1 study and from the Phase 3 REDPINE trial.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 3:23 pm

XRP-USD

Binance.US has announced that trading is now available for XRP on its platform.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:59 pm

NFLX

Netflix's stock has seen a steady increase of 2.20% this month following a 10.70% growth in the previous month, with a year-to-date surge of over 50%. JP Morgan has raised its stock price target for Netflix from $470 to $495, backed by continuous growth in Netflix's subscriber numbers. Analysts predict an addition of 21 million subscribers for Netflix over the year, with a crackdown on password sharing potentially contributing to this increase.

Portfolio Pulse from Zaheer Anwari

July 14, 2023 | 2:24 pm

AAL

DAL

JBLU

UAL

Delta Air Lines (NYSE:DAL) reported its highest ever quarterly earnings and raised its full year profit outlook due to strong international travel demand and lower fuel costs. Despite high inflation, consumers are prioritizing travel, maintaining the post-pandemic travel boom. Delta's total revenue per seat mile was up 1% YoY in Q2, with a 17% jump in capacity. United Airlines (NASDAQ:UAL) unveiled its first new seat in nearly a decade for premium passengers. American Airlines (NASDAQ:AAL) and JetBlue Airways (NASDAQ:JBLU) are also mentioned in the context of the industry trend.

Portfolio Pulse from Upwallstreet

July 14, 2023 | 2:18 pm

RNLSY

STLA

TSLA

WKSP

Renault (OTC:RNLSY) Chairman expressed concerns about Europe's over-reliance on China for EV supply chain, following China's decision to restrict metal exports. In the US, Worksport Ltd (NASDAQ:WKSP) announced significant progress at its US facility, aiming to deliver its Solis solar-powered tonneau cover and COR remote power storage system. Tesla Inc (NASDAQ:TSLA) stated that the US could go all-electric by the end of the decade. Toyota Motor (NYSE:TM) and Stellantis (NYSE:STLA) believe the EPA's expectations for EV market growth are overly optimistic. General Motors (NYSE:GM) aims to surpass Tesla in EV sales in the US.

Portfolio Pulse from Upwallstreet

July 14, 2023 | 2:13 pm

BLK

ERIC

JPM

META

MSFT

NOK

NVO

UNH

WFC

Hollywood studios propose using AI replicas of actors. Meta Platforms' Threads app sees a decline in engagement. Citigroup, UnitedHealth, Wells Fargo, JPMorgan Chase, and BlackRock deliver strong Q2 earnings. Nokia and Ericsson shares drop after Q2 earnings. Roivant Sciences in talks with Roche for a potential $7B drug deal. WHO labels aspartame as a possible carcinogen. Microsoft and Activision Blizzard consider UK rights divestiture to appease regulators. Nissan plans to invest in Renault's EV unit. Novo Nordisk's weight-loss drug to be launched in Germany.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 2:09 pm

NVO

Novo Nordisk's weight-loss medication, Wegovy, will be priced at €301.91 for a four-week course in Germany. The drug will be launched in Germany by the end of this month. The company has urged doctors to restrict prescriptions to medically necessary cases. Challenges in production and high demand in the US have resulted in a slower European rollout of Wegovy than anticipated. Novo Nordisk has also filed lawsuits against three pharmacies for illegally selling products claiming to contain semaglutide, the active ingredient in its weight loss and diabetes drugs.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 1:40 pm