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TFC

Truist Finl (NYSE:TFC) reported Q2 earnings of $0.95 per share, missing the analyst consensus estimate of $1.01 by 5.94%. This is a 20.83% decrease from the same period last year. The company also reported quarterly sales of $5.92 billion, missing the analyst consensus estimate of $5.99 billion by 1.20%. However, this is a 4.65% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 3:04 am

ARKQ

TSM

Cathie Wood's Ark Invest has made a significant investment in Taiwan Semiconductor Mfg. Co. Ltd. (TSM) through its ARK Autonomous Technology & Robotics ETF (ARKQ), purchasing 28,909 shares valued at $2.83 million. This comes after TSM's Q2 earnings report showed a revenue decline of 13.7% but beat consensus estimates. Ark Invest also sold 72,519 shares of General Motors Co (GM) through ARKQ.

Portfolio Pulse from Benzinga Neuro

July 21, 2023 | 2:01 am

BGLC

DWAC

GFAI

SIRI

TSLA

US stocks traded mixed with the Nasdaq Composite falling nearly 250 points. Digital World Acquisition Corporation (DWAC) settled fraud charges with the SEC related to material misrepresentations made to investors. Guardforce AI (GFAI) announced a partnership with Concorde to provide automated security solutions in Singapore. Tesla (TSLA) reported quarterly record revenue of $24.93 billion. BioNexus Gene Lab (BGLC) announced the pricing of its Public Offering of 1,250,000 shares. Sirius XM (SIRI) shares surged on abnormally high volumes and were halted several times for volatility.

Portfolio Pulse from Benzinga Neuro

July 21, 2023 | 1:29 am

PARA

PARAA

Country music artist Jason Aldean's controversial song 'Try That In A Small Town' has been taken off the airwaves by CMT, owned by Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA). The song, seen as pro-gun and pro-violence, has sparked controversy, leading to its removal from CMT's rotation. Despite this, the song has garnered nearly six million views on YouTube in six days. Several Republican presidential candidates have voiced their support for Aldean amidst the controversy.

Portfolio Pulse from Chris Katje

July 20, 2023 | 11:09 pm

DWAC

The merger between Donald Trump’s Trump Media & Technology Group and Digital World Acquisition Corporation (DWAC) has faced several delays. The U.S. Securities and Exchange Commission (SEC) has settled fraud charges against DWAC for misleading investors by failing to disclose prior discussions to acquire the Trump-led media company. The SEC and DWAC agreed on an $18 million penalty if the merger closes and a cease-and-desist order. DWAC shares are up 27.02% to $16.91 in after-hours trading.

Portfolio Pulse from Chris Katje

July 20, 2023 | 9:58 pm

ALTG

RILY

Alta Equipment has announced the commencement of a public offering of 2 million shares of common stock by an affiliate of B. Riley Financial. The selling stockholder will also grant the underwriters a 30-day option to purchase up to an additional 300,000 shares.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:48 pm

CSX

XOS

In Thursday's after-market session, several industrial stocks saw significant movement. Xos, Singularity Future Tech, Polar Power, Velo3D, and Aqua Metals saw increases in their stock prices, while Knightscope, Recruiter.Com Group, Gaucho Group Holdings, Quhuo, CSX, and Energy Vault Holdings saw decreases. CSX's Q2 earnings were also released.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:32 pm

MRIN

PHUN

QUIK

SASI

In Thursday's after-market session, several information technology stocks saw significant movement. Marin Software (MRIN), Phunware (PHUN), Rubicon Technologies (RBT), Intrusion (INTZ), SatixFy Communications (SATX), and Remark Holdings (MARK) all saw increases, with Marin Software leading the gainers with a 15.3% rise. On the other hand, Sigma Additive Solutions (SASI), QuickLogic (QUIK), Airspan Networks Holdings (MIMO), MicroCloud Hologram (HOLO), and Cyngn (CYN) experienced decreases, with Sigma Additive Solutions leading the losers with a 36.2% fall.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:32 pm

APVO

AZTR

BSGM

CING

EVLO

INTS

ISRG

MEDS

MESO

NOVN

TFFP

TRIB

In Thursday's after-market session, several health care stocks saw significant movement. Evelo Biosciences, TFF Pharmaceuticals, Anitra, Intensity Therapeutics, Aptevo Therapeutics, and Mesoblast saw gains ranging from 6.58% to 11.7%. On the other hand, BioSig Technologies, Trinity Biotech, Novan, Trxade Health, Cingulate, and Intuitive Surgical saw declines ranging from 4.54% to 7.2%. Intuitive Surgical's Q2 earnings report was released.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:32 pm

AGRI

BOF

BSFC

BTTR

EAST

HPCO

SMFL

STKH

VINE

VWE

WNW

WTER

During Thursday's after-market session, several consumer staples stocks saw significant movement. Blue Star Foods, Better Choice Co, Hempacco, Vintage Wine Estates, AgriFORCE Growing Systems, and Alkaline Water Co all saw increases in their share prices. Conversely, Meiwu Technology Co, Smart for Life, Branchout Food, Steakholder Foods, Eastside Distilling, and Fresh Vine Wine all experienced declines.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:32 pm