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COIN

MRNA

SNOW

VRTX

Insiders at Moderna, Vertex Pharmaceuticals, Coinbase Global, and Snowflake have recently sold shares. Moderna's President sold 15,000 shares at an average price of $120.60, while Vertex's CEO and President sold 7,828 shares at an average price of $355.00. Coinbase's Director sold 4,580 shares at an average price of $106.65, and Snowflake's SVP of Product Management sold 1,500 shares at an average price of $184.94.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:26 pm

CELH

Maxim Group analyst Anthony Vendetti has downgraded Celsius Holdings (NASDAQ:CELH) from Buy to Hold.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 12:26 pm

AUR

GS

Aurora has entered into a $600 million common stock purchase agreement with certain existing institutional and strategic investors. The company will issue and sell 222,222,216 shares of its Class A common stock at $2.70 per share. The sale is expected to close on July 21, 2023. Goldman Sachs & Co. LLC and Allen & Company LLC are acting as joint book-running managers.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:26 pm

AQMS

Aqua Metals, Inc. (NASDAQ:AQMS) has priced its underwritten public offering of 15.82 million shares of its common stock at $1.10 per share, expecting to raise $17.4 million. The company plans to use the proceeds for working capital, including expenditures related to the commencement of the Phase One build-out of its recently acquired five-acre recycling campus at the Tahoe Reno Industrial Center in McCarran, Nevada.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:21 pm

ETHUSD

An Ethereum ICO participant deposited 61,216 Ethereum, worth $116 million, to the cryptocurrency exchange, Kraken, after 8 years of dormancy. The initial investment of $18,961.76 surged by approximately 619,009% due to Ethereum’s current market price of $1,918 per token. This large deposit could signify the intention to actively trade or convert the holdings, potentially impacting market liquidity and the overall price movement of Ethereum.

Portfolio Pulse from Mehab Qureshi

July 19, 2023 | 12:20 pm

QCOM

Qualcomm has partnered with Meta Platforms to utilize its Llama 2 large language models directly on-device. This collaboration has led to an increase in Qualcomm's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:19 pm

FWBI

First Wave BioPharma has announced the pricing of its public offering of 3.285 million shares of its common stock at $0.64 per share, aiming to raise $2.1 million.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:19 pm

HPK

HighPeak Energy has priced its 12.9 million share offering at $10.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:12 pm

BLUE

SEV

Several stocks experienced significant pre-market movements. Notably, bluebird bio, Inc. (NASDAQ:BLUE) shares gained 14% after B of A Securities upgraded the stock from Neutral to Buy and raised the price target from $6 to $10. On the other hand, Sono Group N.V. (NASDAQ:SEV) fell 31.8% after receiving a notice of delisting from the Nasdaq. Other notable movers include 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP), Deep Medicine Acquisition Corp. (NASDAQ:DMAQ), and Startek, Inc. (NYSE:SRT).

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:12 pm

META

MSFT

Microsoft Corp (NASDAQ:MSFT) plans to charge 53% - 83% more for new artificial intelligence features in its Microsoft 365 service. The company announced Bing Chat Enterprise and Microsoft 365 Copilot pricing at its annual partner conference. Microsoft also plans to offer a more secure version of its Bing search engine to businesses. The pricing decision has raised concerns about affordability and market competition. Meta Platforms Inc (NASDAQ:META) has partnered with Microsoft for a commercial version of its open-source large language models.

Portfolio Pulse from Anusuya Lahiri

July 19, 2023 | 12:11 pm