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Coinbase Global, Inc. (NASDAQ:COIN) shares are volatile due to increased activity in the crypto market. A U.S. judge ruled that Ripple (CRYPTO: XRP) sales do not constitute an offer of investment contracts, causing several crypto tokens to surge. Coinbase relisted Ripple on its exchange, and its shares gained over 35%. Wedbush analyst Moshe Katri maintained Coinbase with an Outperform rating and raised the COIN price target from $75 to $110.

Portfolio Pulse from Erica Kollmann

July 14, 2023 | 2:58 pm

NVDA

NVIDIA's stock price is on the rise following Truist's decision to increase its price target for the company from $470 to $545.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:58 pm

ACI

CALM

DIT

IMKTA

PRDO

Benzinga Insights has identified five value stocks in the consumer defensive sector, including Albertsons Companies (ACI), Amcon Distributing (DIT), Perdoceo Education (PRDO), Cal-Maine Foods (CALM), and Ingles Markets (IMKTA). The selection is based on a quantified analysis, with a focus on the price-to-earnings (P/E) multiple. The report also includes recent earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:58 pm

LILM

Lilium NV's shares have dropped by 17.65% after the company announced the pricing of an upsized $192 million offering. The underwritten public offering is for 57,692,308 shares at $1.30 per share. The underwriter, B. Riley Securities, has a 30-day option to purchase up to 8,653,846 additional shares to cover over-allotments. The net proceeds from the offering will be used for general corporate purposes.

Portfolio Pulse from Henry Khederian

July 14, 2023 | 2:57 pm

WIT

Wipro Limited reported its Q1 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:56 pm

SGMT

Sagimet Biosciences has priced its IPO at $16 per share, with 5.3125 million shares being offered. The IPO is currently indicating $17 on 216K shares.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:56 pm

OPRA

Opera Limited (OPRA) shares are trading lower after the company filed for a mixed shelf of up to $300 million.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:55 pm

AMD

Advanced Micro Devices, Inc. (AMD) shares are trading higher by 3.87% to $120.41 despite a lack of company-specific news. The stock is moving higher along with major indexes following the release of June CPI data, which indicated lower than expected inflation rates. AMD shares have rallied 88% on a year-to-date basis amid increased investor attention towards AI-related stocks.

Portfolio Pulse from Henry Khederian

July 14, 2023 | 2:54 pm

CJET

Shares of Chijet Motor Company have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:52 pm

NKLA

Nikola Corporation's shares are trading higher following an agreement with BayoTech for the purchase of up to 50 Nikola Class 8 fuel cell electric vehicles over the next five years. Nikola will also receive hydrogen from BayoTech's network of hubs and acquire up to ten of the company's transport trailers. The stock rose over 50% after the agreement was announced.

Portfolio Pulse from Erica Kollmann

July 14, 2023 | 2:52 pm