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INPX

Inpixon (NASDAQ:INPX) shares are trading higher after the company announced a definitive merger agreement with XTI Aircraft Company. The merger will result in a combined publicly traded company focusing on advancing the TriFan 600 to market and continuing to offer Inpixon's real-time location systems technology. Post-merger, XTI shareholders will own approximately 60% and Inpixon shareholders will retain approximately 40% of the outstanding shares. The merger is expected to be completed by Q4 2023.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 4:55 pm

NEE

NextEra Energy Inc reported Q2 2023 revenue of $7.35 billion, surpassing the street estimate of $6.23 billion. Adjusted EPS of $0.88 also beat the consensus of $0.82. The company reaffirmed its outlook for 2023 and 2024, and expects adjusted EPS to grow 6% to 8% for 2025 and 2026. Despite the positive earnings report, NEE shares are trading lower by 0.68% at $74.99.

Portfolio Pulse from Lekha Gupta

July 25, 2023 | 4:54 pm

BLPH

Bellerophon Therapeutics (NASDAQ:BLPH) has received a delisting notice from the Nasdaq Exchange due to its status as a public shell company, following layoffs and plans to explore strategic alternatives. The company plans to request a hearing to address the deficiencies and present a plan to regain compliance. Meanwhile, its stock will remain listed and eligible for trading on Nasdaq. BLPH shares are down 38% at $0.44.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 4:53 pm

AURC

Aurora Acquisition Corp. (NASDAQ:AURC) shares are experiencing high volatility and heavy trading volume, with over 5 million shares traded compared to the 100-day average of 1,250 shares. The stock has been halted multiple times and is trending among retail investors on StockTwits. The company is a SPAC focused on the media and technology sectors. The shares are trading more than 169% higher at $34.30.

Portfolio Pulse from Erica Kollmann

July 25, 2023 | 4:52 pm

AI

There has been a significant option alert for C3.ai with Aug 18 $45 calls sweep near the ask of 211 @ $2.23 versus 4360 open interest. The company's earnings are expected to be announced on August 30 after market close. The reference price is $40.41.

Portfolio Pulse from Charles Gross

July 25, 2023 | 4:52 pm

STOK

Stoke Therapeutics Inc (NASDAQ:STOK) shares are trading lower despite the company releasing promising safety and efficacy data from its STK-001 trials in children and adolescents with Dravet syndrome. The data showed decreased seizure frequency and improved cognition and behavior, indicating potential disease modification. No significant safety issues were observed among the 74 patients treated. The company expects additional data from the ongoing trials in Q1 2024 and will update Phase 3 planning in the first half of 2024.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 4:51 pm

TBI

TrueBlue's shares are trading lower following the company's Q2 financial results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:50 pm

AMNB

American National Bankshares reported Q2 results, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:50 pm

FCX

Stephanie Link, a renowned financial analyst, announced live on CNBC that she has purchased more shares of Freeport-McMoRan (FCX).

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 4:50 pm

AMC

AMC Entertainment's proposed plan to convert preferred shares to common units and implement a stock split has been rejected by a court. This has led to volatility in the company's stock, causing it to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:48 pm