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ISPR

Ispire Technology Inc (NASDAQ:ISPR) raised approximately $8 million in a private placement of common stock, issuing over 1.1 million shares at $7.13 per share. The company plans to use the net proceeds of $7.5 million for general corporate purposes, including manufacturing operations development in Vietnam and California, R&D activities, and marketing and promotion.

Portfolio Pulse from Adam Eckert

June 27, 2023 | 1:38 pm

RIDE

Lordstown Motors Corp. shares have resumed trading after a temporary halt.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:37 pm

BCHUSD

BTCUSD

COMPUSD

ETHUSD

Bitcoin (BTC) traded higher but remained below the key $31,000 level, while Ethereum (ETH) stayed almost flat below $1,900. Bitcoin Cash (BCH) and Compound (COMP) were among the top gainers, while BitDAO (BIT) was the biggest loser. The global crypto market cap rose to $1.19 trillion, recording a 24-hour gain of 0.7%.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 1:34 pm

AREB

American Rebel shares were halted on a circuit breaker to the upside, with the stock now up 21.9%.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:33 pm

ITB

SPY

TAN

Q2 2023's top performing industry ETFs include ITB, SMH, IGV, JETS, and FDN, while the worst performers are TAN, PBW, KRE, XME, and MOO. The best and worst stocks within these ETFs have also been identified.

Portfolio Pulse from Piero Cingari

June 27, 2023 | 1:33 pm

RIDE

Lordstown Motors Corp. shares were halted on a circuit breaker to the upside, but the stock is now down 45.4%.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:33 pm

SOL

Emeren Group Ltd (NYSE:SOL) has partnered with Matrix Renewables to develop up to 1.5 GW of Battery Energy Storage Systems (BESS) in Italy. The first portfolio includes over 260 MW of standalone BESS projects. The deal is strategically relevant as Terna S.p.A. is expected to open a new capacity market auction in late 2023.

Portfolio Pulse from Shivani Kumaresan

June 27, 2023 | 1:27 pm

BIDU

F

GD

HOOD

META

SPCE

WBA

Baidu claims its Ernie Bot outperforms OpenAI's ChatGPT; Meta's WhatsApp Business app reaches 200 million users; Walgreens reports disappointing Q3 earnings. Ford plans layoffs in its engineering sections in the US and Canada. Robinhood cuts 7% of its full-time staff due to reduced customer engagement. General Dynamics and American Rheinmetall compete for a $45B US Army vehicle contract. Virgin Galactic announces the date for its first commercial spaceflight.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 1:27 pm

INFI

MEIP

Anson Funds and Cable Car Capital have issued a statement expressing concerns over the proposed transaction between MEI Pharma and Infinity Pharmaceuticals, calling it inferior and not in the best interest of shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 1:27 pm

ISPR

Ispire Technology Inc. (NASDAQ: ISPR) raised $8 million through a private placement of 1.12 million shares at $7.1318 each. The company plans to invest the proceeds in manufacturing operations in Vietnam and California, and in research and development activities.

Portfolio Pulse from Nabaparna Bhattacharya

June 27, 2023 | 1:20 pm