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ARKF

ARKK

ARKW

DKNG

HOOD

Cathie Wood's ARK Investment Management bought a $5.3 million stake in Robinhood Markets Inc (HOOD) while offloading over 163,000 shares of DraftKings Inc (DKNG) worth an estimated $4.1 million. The Robinhood purchase was conducted via ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and Ark Fintech Innovation ETF (ARKF).

Portfolio Pulse from Bhavik Nair

June 23, 2023 | 1:19 am

FOX

FOXA

OceanGate Expeditions announced the death of five passengers onboard a submersible vessel visiting the Titanic shipwreck, drawing comparisons to a 2006 episode of 'The Simpsons'. The animated comedy has aired on Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA) since 1989 and has been credited with predicting several real-life events.

Portfolio Pulse from Chris Katje

June 22, 2023 | 10:23 pm

TRUP

Trupanion Inc (NASDAQ:TRUP) shares are rising after California and New York approved the company's requested rate increases. California approved a 12% rate increase and New York approved an 18% rate increase. Trupanion expects to have 19.7% pricing action flowing through its book by the end of August and 21.6% by the end of September.

Portfolio Pulse from Adam Eckert

June 22, 2023 | 9:46 pm

OUST

Ouster has reaffirmed its Q2 revenue guidance of $18M-$20M and stated that it is on track to achieve annualized merger cost synergies of at least $80M-$85M.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:38 pm

EGLE

Eagle Bulk Shipping has repurchased approximately 3.8 million shares of its common stock from Oaktree Capital Management, representing Oaktree's entire 28% ownership in the company, for an aggregate purchase price of $219.3 million.

Portfolio Pulse from Charles Gross

June 22, 2023 | 9:35 pm

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MSFT

Microsoft plans to raise the prices of Xbox Series X consoles in several countries, excluding the U.S., Japan, Chile, Brazil, and Colombia, starting in August. The company will also implement the first-ever price increase for its Xbox Game Pass and Xbox Game Pass Ultimate subscriptions, effective next month. The price adjustment is unrelated to Microsoft's proposed acquisition of Activision Blizzard.

Portfolio Pulse from Franca Quarneti

June 22, 2023 | 9:34 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has outperformed the market over the past 5 years, producing an average annual return of 18.97%. A $100 investment in REGN 5 years ago would be worth $238.39 today.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 9:32 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has outperformed the market over the past 5 years, producing an average annual return of 29.66%. A $100 investment in PANW 5 years ago would be worth $369.48 today.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 9:31 pm

ACB

CARA

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CRON

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XXII

Marijuana stocks experienced a bullish Thursday, with Aurora Cannabis, Cara Therapeutics, 4Front Ventures, Cronos Group, and BioHarvest Sciences among the top gainers. However, 22nd Century Group and Village Farms Intl closed down.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 9:30 pm

OUST

Ouster, a leading provider of high-resolution digital lidar sensors, announced restructuring initiatives that are expected to result in aggregate charges ranging from $7.5 million to $9.0 million.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:26 pm