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DOGEUSD

XRPUSD

Dogecoin co-founder Billy Markus commented on the recent court ruling favoring Ripple Labs, stating that XRP is not a security. This decision is a significant turning point in the legal battle between Ripple and the SEC. The SEC has identified 19 other cryptocurrencies as securities in lawsuits against platforms like Binance and Coinbase. At the time of writing, DOGE was trading at $0.070, up 9% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

July 14, 2023 | 11:53 am

BLK

BlackRock Inc (NYSE:BLK) reported a Q2 revenue decline of 1% Y/Y to $4.46 billion, slightly below the consensus of $4.47 billion. Total net inflows stood at $80.2 billion, reflecting the continued strength of a broad-based platform. Adjusted EPS rose 26% Y/Y to $9.28, beating the consensus of $8.46. Total AUM were $9.43 trillion as of June 30, 2023. The company repurchased shares worth $375 million in Q2. BLK shares are trading lower by 0.92% at $733.00 premarket on the last check Friday.

Portfolio Pulse from Lekha Gupta

July 14, 2023 | 11:43 am

GIS

HSY

SMFL

XXII

The article lists four oversold stocks in the consumer staples sector that may present buying opportunities. These include 22nd Century Group, Inc. (NASDAQ:XXII), General Mills, Inc. (NYSE:GIS), The Hershey Company (NYSE:HSY), and Smart for Life, Inc. (NASDAQ:SMFL). The stocks are considered oversold as their Relative Strength Index (RSI) values are near or below 30.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 11:41 am

WFC

XLRE

During a conference call, Wells Fargo stated that we are still in the early stages of the commercial real estate cycle.

Portfolio Pulse from Charles Gross

July 14, 2023 | 11:41 am

USO

Russian oil exports from western ports are expected to decrease by 100,000-200,000 barrels per day in the next month from July levels, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 11:36 am

AUGG

DFCO

EVLO

Insiders at Evelo Biosciences, Dalrada Financial Corporation, and Augusta Gold Corp. have recently made significant purchases of their companies' stocks. Noubar Afeyan, a 10% owner of Evelo Biosciences, acquired 5,411,255 shares at an average price of $2.31, costing around $12.5 million. Brian Bonar, CEO of Dalrada Financial, bought 79,550 shares at an average price of $0.14, spending around $11,510. Richard Warke, Executive Chairman of Augusta Gold, purchased 10,000 shares at an average price of $0.78, costing around $7,750.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 11:30 am

VWAGY

Volkswagen AG reported a 48% YoY increase in all-electric vehicle deliveries in H1 2021, with a total of 321,600 units. The majority of these deliveries were in Europe (68%), followed by China (19%) and the USA (9%). In the USA, deliveries increased by 76% to 29,800 vehicles. However, in China, deliveries were 2% below the previous year's level due to a competitive market environment. The company expects this positive trend to continue in the coming months.

Portfolio Pulse from Nabaparna Bhattacharya

July 14, 2023 | 11:20 am

BLK

JPM

QQQ

SPY

US stock futures are mixed as traders assess the impact of big bank earnings. Positive reports from JPMorgan Chase & Co and Blackrock, Inc. could fuel hopes for a strong reporting season. The June producer price inflation number and downward revisions to the previous two months' data served as confirmatory data for the slowdown in inflation. The major averages opened higher and stayed in the green throughout the session before closing notably higher. The Nasdaq Composite and the S&P 500 Index closed at fresh 15-month highs, while the Russell 2000 Index settled at its highest since early February.

Portfolio Pulse from Shanthi Rexaline

July 14, 2023 | 11:18 am

FREQ

Frequency Therapeutics has agreed to merge with Korro Bio in an all-stock transaction. This has led to an increase in Frequency Therapeutics' share prices.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 11:14 am

UNH

UnitedHealth's shares are trading higher following the company's report of better-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 11:11 am