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HPK

HighPeak Energy has priced its 12.9 million share offering at $10.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:12 pm

BLUE

SEV

Several stocks experienced significant pre-market movements. Notably, bluebird bio, Inc. (NASDAQ:BLUE) shares gained 14% after B of A Securities upgraded the stock from Neutral to Buy and raised the price target from $6 to $10. On the other hand, Sono Group N.V. (NASDAQ:SEV) fell 31.8% after receiving a notice of delisting from the Nasdaq. Other notable movers include 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP), Deep Medicine Acquisition Corp. (NASDAQ:DMAQ), and Startek, Inc. (NYSE:SRT).

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:12 pm

META

MSFT

Microsoft Corp (NASDAQ:MSFT) plans to charge 53% - 83% more for new artificial intelligence features in its Microsoft 365 service. The company announced Bing Chat Enterprise and Microsoft 365 Copilot pricing at its annual partner conference. Microsoft also plans to offer a more secure version of its Bing search engine to businesses. The pricing decision has raised concerns about affordability and market competition. Meta Platforms Inc (NASDAQ:META) has partnered with Microsoft for a commercial version of its open-source large language models.

Portfolio Pulse from Anusuya Lahiri

July 19, 2023 | 12:11 pm

AUR

Aurora has announced the pricing of its upsized public offering of 73,333,333 shares of its Class A common stock at $3 per share. The company expects to receive total gross proceeds of approximately $820 million from the public offering and concurrent private placement.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:10 pm

SCHW

Charles Schwab Corporation (NYSE:SCHW) reported better-than-expected Q2 results with net revenues of $4.66 billion, beating the consensus of $4.61 billion. Adjusted EPS was $0.75, exceeding the consensus of $0.71. Following the earnings announcement, analysts from Raymond James, Barclays, and JMP Securities raised their price targets on Charles Schwab.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:10 pm

GNPX

Genprex, Inc. (GNPX) has announced a registered direct offering with an institutional investor for the sale and issuance of 7,425,744 shares and warrants at a combined price of $1.01 per unit. The offering is priced at-the-market under Nasdaq rules. The gross proceeds from this offering are expected to be approximately $7.5 million. The funds will be used for working capital and general corporate purposes.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:09 pm

BTCUSD

The article discusses the potential gains if someone had invested $100 in Bitcoin (BTC) during its crash in 2013, which could now be sufficient to pay off their student debt loans. The cost of college education has steadily increased over the past three decades, leading to a rise in student loan balances. The article also mentions the current trading price of Bitcoin.

Portfolio Pulse from Mehab Qureshi

July 19, 2023 | 12:08 pm

NSANY

RIVN

TSLA

Tesla is set to release its Q2 results amidst growing excitement. The company has received a boost from Nissan, which has adopted the North American Charging Standard (NACS) in collaboration with Tesla. This makes Nissan the first Japanese automaker to collaborate with Tesla in this manner. From 2024, Nissan will offer a NACS charging adapter for its Ariya models and by 2025, plans to introduce EVs for the U.S. and Canadian markets featuring a NACS port. Other major automakers including General Motors, Ford, and Rivian have also adopted the NACS charging standard.

Portfolio Pulse from Shanthi Rexaline

July 19, 2023 | 12:04 pm

BLUE

CNK

CSCO

DPZ

ENPH

FWRD

GLBE

HWC

SCHW

SNX

Several companies have had their price targets adjusted by various analysts. Domino's Pizza (DPZ) had its price target increased from $365 to $430 by Wedbush. Bluebird bio (BLUE) saw its price target raised from $6 to $10 by B of A Securities. Cisco Systems (CSCO) had its price target increased from $55 to $62 by JP Morgan. TD SYNNEX (SNX) had its price target raised from $100 to $105 by CFRA. Wayfair (W) saw its price target increased from $70 to $80 by Needham. Global-e Online (GLBE) had its price target raised from $38 to $45 by Morgan Stanley. Forward Air (FWRD) saw its price target increased from $106 to $130 by Baird. Charles Schwab (SCHW) had its price target raised from $64 to $77 by Raymond James. Enphase Energy (ENPH) saw its price target increased from $260 to $267 by Keybanc. Cinemark Holdings (CNK) had its price target cut from $21 to $18 by JP Morgan. Hancock Whitney (HWC) saw its price target cut from $50 to $46 by Piper Sandler.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:02 pm

PCTY

In the last quarter, Paylocity Holding (NASDAQ:PCTY) received 4 somewhat bullish and 6 indifferent ratings from analysts. The average 12-month price target for the company is $236.5, representing a 3.92% decrease from the previous average of $246.14.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 12:00 pm