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The article discusses the performance of various industry ETFs in July. The top performers were SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Invesco QQQ Trust (QQQ), and iShares Russell 2000 ETF (IWM). The best performing industry ETFs were in semiconductors, agriculture, oil & gas, oil services, and regional banks. The worst performers were in water resources, biotech, real estate, airlines, and solar.

Portfolio Pulse from Piero Cingari

July 31, 2023 | 2:59 pm

COIN

ETHUSD

Ethereum (ETH), launched in 2015, has become the second most valuable cryptocurrency, worth $226 billion today. Its momentum was boosted by its listing on Coinbase Global Inc (NASDAQ:COIN). Ethereum saw increased attention and a surge in valuation related to the boom of non-fungible tokens in 2021. An investment of $1,000 in Ethereum at launch would be worth $2,527,943.42 today based on a price of $1,870.68.

Portfolio Pulse from Chris Katje

July 31, 2023 | 2:55 pm

PLTR

Shares of Palantir Technologies, Inc. (NYSE:PLTR) are trading higher on above-average volume, continuing the upward momentum from last week. This follows an Outperform rating and $25 price target from Wedbush analyst Dan Ives. The stock is trending among retail investors on StockTwits and Yahoo! Finance. Palantir is set to release its Q2 financial results on August 7, with an expected EPS of 5 cents and revenue of $529.94 million.

Portfolio Pulse from Erica Kollmann

July 31, 2023 | 2:54 pm

DIA

IWM

QQQ

SPY

Major indexes are experiencing an uptick due to positive market sentiment following recent earnings reports and last week's inflation data.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:53 pm

MAT

TGT

Mattel Inc's brand Fisher-Price has launched its first-ever Sensory Bright line of toys, designed to offer visual, auditory, tactile, and olfactory experiences for children aged three and older. The new toy line will be exclusively available at Target Corp. The launch has led to a 2.94% increase in Mattel's share price.

Portfolio Pulse from Shivani Kumaresan

July 31, 2023 | 2:53 pm

INTU

RKT

Rocket Companies, Inc (NYSE:RKT) has announced the appointment of Varun Krishna as the new CEO, effective from September 5, 2023. Krishna, who has over 20 years of experience in fintech, will succeed Bill Emerson, the interim CEO. Emerson will continue in his role until Krishna joins and will remain on the board to ensure a smooth transition. Krishna previously served as Executive Vice President and General Manager, Consumer Group of Intuit Inc (NASDAQ:INTU). Rocket Companies' stock has gained 57% year-to-date.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 2:52 pm

PAAS

Pan American Silver has announced the divestment of its interest in the MARA project, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:52 pm

Trading of SharkNinja shares has resumed.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:48 pm

CURR

Avenir Wellness Solutions, Inc. (OTCPK:CURR) reported Q1 2023 results with net revenue of $1.2 million, a 15.1% YoY increase and 35.6% sequential growth from Q4 2022. Gross profit was $977,000, and gross margin was 78.9%. The company ended the period with $1.4 million in cash. However, a delay in receiving proceeds from a July 2022 asset sale will negatively impact Q2. The company's shares were trading 20.05% higher at $0.1 per share.

Portfolio Pulse from Vuk Zdinjak

July 31, 2023 | 2:48 pm

JBHT

NKLA

Nikola Corporation (NASDAQ:NKLA) has announced an agreement with J.B. Hunt Transport, Inc. (NASDAQ:JBHT) for the purchase of 13 Nikola zero-emission Class 8 EV trucks. The order includes 10 battery-electric and three hydrogen fuel cell vehicles, with the first deliveries expected in August. Following the announcement, NKLA shares rose by over 20% on heavy trading volume. Nikola will release its Q2 financial results on Friday.

Portfolio Pulse from Erica Kollmann

July 31, 2023 | 2:48 pm