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Stock Prices

LU

Shares of Lufax Holding Ltd - ADR (NYSE:LU) are trading higher by 7.5% amid strength in Alibaba Group, following China's regulatory overhaul on fintech affiliate Ant Group. Ant Group has paid a fine for breaching consumer protection and corporate governance laws, which is expected to support its growth initiatives and revive its listing plans. The fine addresses Ant's alleged violations related to 'disorderly expansion of capital' and the financial risks associated with its previously unrestrained operations.

Portfolio Pulse from Henry Khederian

July 07, 2023 | 6:38 pm

AAL

HA

Airline stocks, including American Airlines (AAL) and Hawaiian Holdings (HA), are trading higher amid an overall market rebound.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 6:35 pm

PTON

Peloton shares are experiencing an increase in value, in line with a general market rebound.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 6:32 pm

PSNY

Polestar reported Q2 deliveries of 15,800, marking a 36% growth over last year. This positive news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 6:32 pm

AVGO

Broadcom Inc.'s shares rose by 37.84% over the past three months. The company's total debt stands at $39.31 billion, with long-term debt at $38.19 billion and current debt at $1.12 billion. After adjusting for $11.55 billion in cash-equivalents, the net debt is $27.76 billion. The debt ratio, a measure of financial leverage, is 0.55, indicating that a significant portion of the company's assets are funded by debt.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:31 pm

CZR

EXPE

H

MAR

Travel-related stocks are trading higher, rebounding after a fall on Thursday. The stocks mentioned include CZR, EXPE, H, and MAR.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 6:31 pm

GRRR

IMBI

LEVI

PWM

The Nasdaq Composite gained around 100 points on Friday, with Prestige Wealth Inc. shares spiking 200% following its IPO. Gorilla Technology Group Inc. shares also rose 143% after signing a $270 million contract with the Government of Egypt. However, iMedia Brands, Inc. shares dropped 16% after receiving a delisting notice from Nasdaq following its Chapter 11 filing, and Levi Strauss & Co. shares were down 7% after lowering its annual profit outlook.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 6:30 pm

COST

Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 20 years by 6.53% on an annualized basis, producing an average annual return of 14.21%. If an investor had bought $1000 of COST stock 20 years ago, it would be worth $14,257.07 today.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:30 pm

CDNS

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 15 years, producing an average annual return of 23.53%. If an investor had bought $1000 of CDNS stock 15 years ago, it would be worth $23,294.39 today. The company currently has a market capitalization of $62.25 billion.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:30 pm

W

Wayfair's stock is trading higher, benefiting from the overall market strength.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 6:25 pm