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PLUG

Shares of Plug Power are trading higher, possibly due to recent strong delivery numbers from electric vehicle makers, which could be a positive catalyst for clean energy vehicle companies.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 4:04 pm

AAPL

AMZN

Ahead of Amazon's Prime Day, a $50 discount is being offered on Apple's AirPods Pro 2nd Gen, bringing the price down to $199.99. The AirPods Pro 2, released in September 2022, offer significant upgrades including improved noise cancellation, sound quality, and battery life. The case is also compatible with the Apple Watch charger and supports MagSafe.

Portfolio Pulse from Sudhanshu Singh

July 05, 2023 | 3:51 pm

ALLR

Allarity Therapeutics, Inc. (NASDAQ:ALLR) shares surged after the company reported promising initial data from Phase 2 trial of Ixempra for metastatic breast cancer patients. The company saw clinical benefits in all four evaluable cases. The stock is receiving attention from retail investors and is trending on social media. Shares of Allarity are currently trading 58% higher at $9.95.

Portfolio Pulse from Erica Kollmann

July 05, 2023 | 3:42 pm

STLA

Stellantis CEO has stated that while governments can assist with investments, it is challenging to reduce the variable costs gap. The first application for the STLA Medium platform will be the new Peugeot 3008 SUV, which will be manufactured in Sochaux, France.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 3:32 pm

STLA

Stellantis CEO announced that the new STLA platform will be initially manufactured in France, Italy, Germany, and North America. The platform will be used for brands including Peugeot, Opel, Lancia, DS, and Chrysler.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 3:31 pm

LCFY

Locafy Limited (NASDAQ:LCFY) has acquired additional SEO technology, Citation Boost technologies, from Jimmy Kelley Digital. The technology will work alongside Locafy's existing software to increase the online prominence of local citations. The company plans to make this solution more widely available by the end of the 2023 September quarter or Locafy's fiscal Q1 2024. LCFY shares are trading higher by 3.11% to $6.58.

Portfolio Pulse from Nabaparna Bhattacharya

July 05, 2023 | 3:19 pm

AMZN

Amazon's stock price has surged by 51% in the first half of 2023, driven by its dominance in the marketplace. The upcoming Amazon Prime Day, which generated $12 billion in global sales in 2022, is expected to further boost the company's profits and potentially its stock price. However, investors are cautioned about a potential resistance at the weekly 200 simple moving average (SMA) of $132.95, which could impact the stock's upward trajectory.

Portfolio Pulse from Zaheer Anwari

July 05, 2023 | 3:06 pm

STLA

Stellantis N.V. has unveiled STLA Medium, a global BEV platform with features including a range of 700 kilometers, energy efficiency, and charging power. The platform can host a variety of vehicles and propulsion configurations, with the potential to build up to two million vehicles per year. This is part of Stellantis' Dare Forward 2030 strategic plan, aiming for 100% passenger car BEV sales mix in Europe and 50% in the US by 2030. The platform is designed to be future-proof, with flexibility for future battery chemistries.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 3:04 pm

ALLR

DWAC

NKLA

NVTS

PEGA

RIG

TMC

TRIN

TTI

WOLF

XPEV

Several US stocks recorded gains in Wednesday's trading session. Allarity Therapeutics' shares surged after positive initial data from a Phase 2 trial. TMC the metals company regained compliance with Nasdaq's minimum bid requirement. Pegasystems rose following an upgrade from Wedbush. Wolfspeed announced a 10-year silicon carbide wafer supply deal with Renesas Electronics. Digital World Acquisition reached a settlement with the SEC. Xpeng expects sharp growth in deliveries in H2. Trinity Capital received a Buy rating from Jefferies. Navitas confirmed continued supply of leading-edge gallium nitride power ICs. TETRA Technologies raised Q2 expectations due to strong operational performance. Transocean was upgraded by Citigroup and announced that $172 million in options have been exercised for the Transocean Encourage in Norway. Nikola plans to liquidate the assets of Romeo Power.

Portfolio Pulse from Lisa Levin

July 05, 2023 | 2:47 pm

Toyota Motor North America (TMNA) reported U.S. sales in June 2023 of 195,448 vehicles, up 14.9% YoY. Electrified vehicles made up 26.4% of total monthly sales. For the first half of 2023, TMNA reported U.S. sales of 1,038,520 vehicles, down 0.7% YoY. Electrified vehicle sales totaled 270,476, representing 26.0% of total year-to-date sales. Toyota and Lexus are expanding their electrified powertrain options, with 24 electrified vehicle options available at dealerships.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 2:33 pm