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Bitcoin and Ethereum traded higher following the release of US inflation data, which eased to 3% in June. Conflux was the top gainer over the past 24 hours, while Wrapped Bitcoin was the biggest loser. The global crypto market cap rose to $1.19 trillion, recording a 24-hour gain of 0.9%.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 1:43 pm

HCTI

Shares of Healthcare Triangle Inc. (HCTI) have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:40 pm

TTOO

T2 Biosystems has announced preliminary Q2 2023 results, expecting total revenue of $2 million, including $1.3 million from sepsis test panel revenue. The company has also secured a multi-year contract with a European distributor. However, T2 has reduced its full-year 2023 total sepsis and related product revenue forecast to $9.5 million-$10.5 million, down from $11.0 million-$13.0 million. Following the announcement, T2 shares are trading lower by 12%.

Portfolio Pulse from Nabaparna Bhattacharya

July 12, 2023 | 1:38 pm

LPSN

Contrary to previous reports, trading of LivePerson (LPSN) shares has not been halted and continues as normal.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:38 pm

NVDA

NVIDIA Corp (NASDAQ:NVDA) shares are trading higher following reports that the company is in talks to be an anchor investor in the upcoming Arm IPO. Arm aims to bring Nvidia on board at a valuation of around $80 billion, but Nvidia is reportedly interested at a valuation closer to $35 or $40 billion. This news comes after Nvidia was forced by regulators to abandon an acquisition of Arm for $66 billion last year. Nvidia was also named a top pick by analysts at Goldman Sachs.

Portfolio Pulse from Adam Eckert

July 12, 2023 | 1:38 pm

GMRE

Global Medical REIT (NYSE:GMRE) is set to reward its shareholders with a dividend payout of $0.21 per share, demonstrating an annualized dividend yield of 9.08%. The company has shown a steady increase in its dividend per share from $0.80 in 2019 to $0.84 in 2022. Additionally, the company's earnings per share have also increased from $0.74 in 2019 to $0.98 in 2022, indicating a strong financial position and potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:37 pm

LPSN

Shares of LivePerson (LPSN) were halted on a circuit breaker to the upside, with the stock now up 34.4%.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:35 pm

META

Elon Musk's employees are signing up for Mark Zuckerberg's Twitter clone, Threads, developed by Meta Platforms Inc. (NASDAQ:META). Some Twitter employees find Threads to be a better app than Twitter. Threads has crossed 100 million users, becoming the fastest app to reach this milestone.

Portfolio Pulse from Rounak Jain

July 12, 2023 | 1:34 pm

BCS

Barclays is considering increasing the capital allocated to its sub-scale businesses as part of a share price revival plan. The bank is reviewing additional investment in its U.S. cards, global wealth, and payments units, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:22 pm

AXAHF

AXAHY

AXA SA is reportedly planning to sell or list its property reinsurance business, XL Re unit, on the stock market to reduce risks related to natural disasters. The company's Property & Casualty Reinsurance revenues declined to $3.2 billion in 2022 from $4.6 billion in 2021. The move comes as AXA aims to reduce exposure of the business to increase profitability.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 1:21 pm