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COIN

Coinbase Global, Inc. (NASDAQ: COIN) shares are trading higher following a report that the U.S. federal appeals court ruled the SEC was wrong to reject Grayscale's spot bitcoin ETF application. This ruling could be seen as a positive development for the cryptocurrency industry and could lead to increased optimism among investors, especially those interested in companies operating in the crypto space like Coinbase.

Portfolio Pulse from Henry Khederian

August 30, 2023 | 2:33 pm

RUN

Sunrun Inc's shares are trading higher after Citigroup upgraded the stock from Neutral to Buy. The rise also follows a drop in Treasury yields, which can create positive sentiment in the stock market. The U.S. economy's growth projections for the second quarter have been revised downwards, which may lead to expectations of the Federal Reserve keeping monetary policy accommodative to support economic growth.

Portfolio Pulse from Henry Khederian

August 30, 2023 | 2:33 pm

SPY

UNG

USO

USA gasoline inventories have reported a draw of 0.214M, which is less than the estimated draw of 0.933M. This follows a build of 1.467M in the prior period.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 2:32 pm

CUTR

Cutera's CEO Taylor Harris and Interim CFO Stuart Drummond have purchased 30,000 and 5,000 shares respectively, at average prices of $9.91 and $9.80. This has led to an increase in Cutera's share price.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 2:32 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a build of 1.235 million in weekly distillates stocks, compared to an estimated build of 0.189 million and a prior build of 0.945 million.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 2:31 pm

ALAR

Alarum Technologies announced a $4.25 million private placement of 187,225 units consisting of 10 restricted American Depositary Shares at a price of $2.72 per ADS. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 2:31 pm

DELL

HPQ

NVDA

HP Inc's Q3 report showed a drop in total revenue by 9.9% YoY to $13.20 billion, falling short of Refinitiv’s consensus estimate of $13.37 billion. The company's shares fell 5.6% in after-market trading. HP's PC rival, Dell Technologies, is set to report its Q2 results on August 31st. HP's CEO, Enrique Lores, expects sequential growth in Q4 but has lowered the company's outlook due to slower than expected external conditions. HP is turning to AI for growth opportunities as its legacy businesses fade.

Portfolio Pulse from Upwallstreet

August 30, 2023 | 2:30 pm

IR

Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years by 11.56% on an annualized basis, producing an average annual return of 20.83%. If an investor had bought $1000 of IR stock 5 years ago, it would be worth $2,575.14 today.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:30 pm

ARGX

argenx (NASDAQ:ARGX) has outperformed the market over the past 5 years by 30.47% on an annualized basis, producing an average annual return of 39.74%. If an investor had bought $1000 of ARGX stock 5 years ago, it would be worth $5,328.50 today.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:30 pm

ADTX

Trading of Aditxt (ADTX) shares has resumed.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 2:29 pm