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BPTS

MICS

PLTR

Biophytis partners with SEQENS to produce Sarconeos (BIO101) active compound, causing a surge in BPTS stock by 87%. Singing Machine expands retail presence with Walmart, leading to a 50% increase in MICS stock. Palantir's FedStart offering now includes BloodHound Enterprise from SpecterOps, resulting in a 4% rise in PLTR stock.

Portfolio Pulse from ryanfaloona@benzinga.com

July 18, 2023 | 12:40 pm

GMRE

SBRA

SLG

Three high-yielding dividend stocks in the real estate sector have been highlighted by Wall Street's most accurate analysts. These include SL Green Realty Corp. (SLG), Sabra Health Care REIT, Inc. (SBRA), and Global Medical REIT Inc. (GMRE). SLG recently sold its 49.9% stake in the 245 Park Avenue property at a $2 billion valuation. SBRA posted better-than-expected quarterly sales, while GMRE reported downbeat first-quarter sales.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 12:39 pm

KULR

KULR Technology Group, Inc (NYSE:KULR) has announced a collaboration with Cirba Solutions, a battery materials and management processor. The partnership aims to develop a safe transportation platform for lithium-ion batteries using KULR's SafeCASE and Cirba Solutions' logistics and recycling services. The collaboration is an exclusive nationwide program for consumer lithium-ion batteries focused on sustainability and compliant recycling in the U.S. KULR shares closed higher by 13.3% at $0.92 on Monday.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 12:31 pm

RUN

Sunrun Inc's (NYSE:RUN) shares are trading higher after Morgan Stanley raised its price target from $30 to $39. This comes after Barclays lowered its price target from $31 to $27. Sunrun shares have risen over 16% in the last month, with a 12% rally on Monday. The company is set to report Q2 financial results on Aug. 2, with an expected loss of 23 cents per share on quarterly revenue of $628.65 million. Despite the recent rally, Sunrun shares are still down approximately 9% year-to-date.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 12:31 pm

SPY

Core Retail Sales for June came in at 0.2%, slightly below the estimated 0.3%.

Portfolio Pulse from Bill Haddad

July 18, 2023 | 12:30 pm

AAPL

BRK-A

BRK-B

NVDA

TSM

Taiwan Semiconductor Manufacturing Company Ltd (TSM) shares are trading lower amid reports of a likely 27% decline in Q2 net profit due to global economic woes affecting semiconductor demand. However, analysts predict an improvement in the current quarter. TSMC, a primary supplier for Apple Inc (AAPL) and Nvidia Corp (NVDA), is expected to report a net profit of $5.58 billion for the April-June period. In May, Berkshire Hathaway Inc (BRK-A, BRK-B) reduced its stake in TSMC due to concerns over US-China tensions.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 12:30 pm

PNC

PNC Financial Services Group's Q2 revenues increased 3.5% Y/Y to $5.293 billion, missing the consensus of $5.450 billion. However, EPS of $3.36 came above the consensus of $3.28. Net interest income increased by 15% to $3.5 billion. Average deposits decreased by $20.8 billion Y/Y. The company raised the quarterly cash dividend on common stock to $1.55 per share. PNC shares are trading lower by 3.22% at $123.07 in the premarket session.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2023 | 12:30 pm

LIXT

Lixte Biotechnology has announced the pricing of a $3.5 million registered direct offering and concurrent private placement priced at-the-market under Nasdaq rules. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:29 pm

SMDM

Singing Machine has launched a new party accessory product line, which will be available at Walmart. This announcement has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:28 pm

NMTR

9 Meters Biopharma has announced that it and its subsidiaries have ceased operations and filed for bankruptcy. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:26 pm