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BXSL

Blackstone Secured Lending Fund (BXSL) has priced its public offering of 6.5 million common shares at $27.33 per share, raising $177.6 million.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:12 am

VCXB

Clinical stage gene therapy company, Addimmune, is set to go public through a business combination with SPAC 10x Capital Venture Acquisition Corp. III (VCXB).

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:55 am

JNJ

KVUE

Kenvue (KVUE) will be included in the S&P 500 following the completion of an exchange offer by Johnson & Johnson (JNJ).

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:48 am

FSM

Fortuna Silver Mines (NYSE:FSM) reported Q2 earnings of $0.01 per share, missing the analyst consensus estimate of $0.04 by 75%. The company also reported quarterly sales of $158.40 million, missing the analyst consensus estimate of $170.70 million by 7.21%. This represents a 5.66% decrease over sales of $167.90 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:39 am

DIS

Disney's streaming platform in India, Disney+ Hotstar, has lost 12.5 million subscribers in the recent quarter, marking its third consecutive dip. The platform has lost around 21 million subscribers since October 2022. This is largely due to the loss of cricket content, particularly the IPL, to Viacom18, supported by Mukesh Ambani's Reliance Industries. There are rumors that Disney is considering a sale or a potential joint venture in India.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 10, 2023 | 5:35 am

DOGEUSD

An unknown wallet transferred 67.81 million Dogecoin (CRYPTO: DOGE) worth over $5 million to the cryptocurrency exchange, Coinbase. The intentions behind this transfer are unknown, but it raises the possibility of a whale dump, which could lead to market fluctuations. This development occurs amidst a legal battle between Elon Musk, the CEO of Tesla, and a group of disgruntled Dogecoin investors.

Portfolio Pulse from Mehab Qureshi

August 10, 2023 | 5:26 am

BTC-USD

In a recent podcast, Joe Rogan and musician Post Malone expressed strong opposition to central bank digital currencies (CBDCs), voicing concerns about potential implementation of a social credit score system linked to CBDCs. This comes amid growing opposition to CBDCs, with Republican presidential candidate and Florida Governor Ron DeSantis criticizing the Biden Administration's approach to cryptocurrencies. At the time of writing, Bitcoin was trading at $29,568.83, down 2.50% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 10, 2023 | 4:38 am

META

NVDA

TSLA

Short sellers have faced over $175 billion in losses due to a surge in tech stocks, driven by investor enthusiasm for AI. Only 30% of shorted stocks were profitable trades in 2023. Factors like the release of OpenAI’s ChatGPT and hopes of a lenient Federal Reserve monetary policy have boosted tech stocks. Nvidia (NASDAQ:NVDA), Meta (NASDAQ:META), and Tesla (NASDAQ:TSLA) have been the least profitable shorts.

Portfolio Pulse from Benzinga Neuro

August 10, 2023 | 4:25 am

TSLA

Tesla CEO Elon Musk stated that the auto industry has yet to catch up with Tesla's achievements from over ten years ago. In Q3 2012, Tesla delivered over 250 Model S vehicles and launched its supercharger network. Currently, Tesla has delivered a total of 466,140 vehicles in Q2 2023 and has over 45,000 superchargers globally. Several automakers, including Ford, General Motors, and Volvo, are collaborating with Tesla to access its supercharger network.

Portfolio Pulse from Anan Ashraf

August 10, 2023 | 3:59 am

NVDA

PLTR

RBLX

ROKU

Ark Invest, led by Cathie Wood, purchased shares of Roblox Corp (RBLX) following its recent quarterly earnings report. The purchase was made through ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and Ark Fintech Innovation ETF (ARKF). Despite a 22% YoY growth in Q2 FY23 Bookings, Roblox's revenue missed the consensus by over $100 million. Ark Invest also bought shares of Palantir Technologies (PLTR) and sold shares of NVIDIA Corp (NVDA) and ROKU Inc (ROKU).

Portfolio Pulse from Benzinga Neuro

August 10, 2023 | 3:11 am