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CLSK

CleanSpark, Inc. (NASDAQ:CLSK) released its unaudited bitcoin mining and operations update for the quarter ending June 30, 2023. The company mined 1,624 bitcoins during the quarter, and its bitcoin holdings grew 170% quarter over quarter. CleanSpark funded growth and operations through the sale of 413 bitcoins in June 2023 at an average of approximately $27,200 per BTC. The company also announced progress in its expansion plans in Washington and Dalton, Georgia.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 1:00 pm

ABEO

Abeona Therapeutics has announced a $25 million registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 12:46 pm

NKLA

TSLA

Nikola Corp (NASDAQ:NKLA) and Tesla Inc (NASDAQ:TSLA) stocks are trading higher due to strength in clean energy stocks, driven by Tesla's better-than-expected Q2 delivery numbers. Tesla produced 479,700 vehicles in Q2, up from 440,808 in Q1. Tesla's Q2 deliveries were up more than 83% YoY. Nikola shares are up more than 130% over the last month.

Portfolio Pulse from Adam Eckert

July 03, 2023 | 12:45 pm

BABA

BIDU

BILI

FXI

JD

KWEB

Alibaba Group Holding Limited (BABA) and its peers are trading higher amid expectations of improved U.S.-China relations. U.S. Treasury Secretary Janet Yellen is set to visit China to discuss financial and economic affairs. China's central bank also plans to support small businesses and slow the currency slump. Chinese stocks, including Alibaba, Baidu (BIDU), JD.Com (JD), and Bilibili (BILI), as well as Chinese ETFs KraneShares Trust KraneShares CSI China Internet ETF (KWEB) and iShares China Large-Cap ETF (FXI), are trading higher.

Portfolio Pulse from Anusuya Lahiri

July 03, 2023 | 12:41 pm

RIVN

Rivian's shares are trading higher following the release of the company's Q2 production figures.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 12:39 pm

XXII

22nd Century announced a 1-for-15 reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 12:38 pm

TTCF

Tattooed Chef has announced its intention to file for voluntary Chapter 11 Bankruptcy protection, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 12:36 pm

PLM

Polymet Mining Corp. announced that Glencore has made a non-binding proposal to acquire the company for $2.11 per share. This has led to a rise in Polymet's share price.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 12:34 pm

CHRS

Coherus has launched YUSIMRY, a biosimilar of Humira, in the U.S. at a price of $995 per carton, representing a discount of over 85% compared to Humira. This move is expected to meet a high unmet need by providing patients, employers, physicians, and payers with low-cost access to adalimumab treatment.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 12:32 pm

BABA

Alibaba Group Holding Limited's co-founder, Jack Ma, made an unexpected visit to Pakistan, sparking investor speculation over potential business opportunities. Ma's visit included meetings with prominent business people and officials from various chambers of commerce. The purpose of Ma's visit remains confidential. Alibaba's shares closed lower by 0.24% at $83.35 on Friday, but were up 1.9% during premarket trading on Monday.

Portfolio Pulse from Anusuya Lahiri

July 03, 2023 | 12:30 pm