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ARKQ

TSLA

Cathie Wood's Ark Invest, through its Ark Autonomous Technology & Robotics ETF (ARKQ), sold 72,519 shares of General Motors Corp. (GM), valued at $2.85 million. This represents about 25% of the GM shares ARKQ acquired in 2022. The fund now owns 303,735 shares of GM, accounting for 1.05% of its portfolio. Tesla (TSLA) remains the fund's top holding, making up 13.93% of the portfolio.

Portfolio Pulse from Shanthi Rexaline

July 21, 2023 | 5:47 am

EIC

Eagle Point Income Company Inc. (EIC) has priced approximately 1.13 million shares of its 7.75% Series B Term Preferred Stock due 2028 at $25 per share.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 5:16 am

PRCH

Porch Group has disclosed an estimated $18M impact on its 2Q23 results due to catastrophic weather events. This could potentially affect the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 5:03 am

EWJ

Japan's National Core Consumer Price Index (YoY) for June was reported at 3.3%, in line with estimates and higher than the previous 3.2%.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 3:42 am

TFC

Truist Finl (NYSE:TFC) reported Q2 earnings of $0.95 per share, missing the analyst consensus estimate of $1.01 by 5.94%. This is a 20.83% decrease from the same period last year. The company also reported quarterly sales of $5.92 billion, missing the analyst consensus estimate of $5.99 billion by 1.20%. However, this is a 4.65% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 3:04 am

ARKQ

TSM

Cathie Wood's Ark Invest has made a significant investment in Taiwan Semiconductor Mfg. Co. Ltd. (TSM) through its ARK Autonomous Technology & Robotics ETF (ARKQ), purchasing 28,909 shares valued at $2.83 million. This comes after TSM's Q2 earnings report showed a revenue decline of 13.7% but beat consensus estimates. Ark Invest also sold 72,519 shares of General Motors Co (GM) through ARKQ.

Portfolio Pulse from Benzinga Neuro

July 21, 2023 | 2:01 am

BGLC

DWAC

GFAI

SIRI

TSLA

US stocks traded mixed with the Nasdaq Composite falling nearly 250 points. Digital World Acquisition Corporation (DWAC) settled fraud charges with the SEC related to material misrepresentations made to investors. Guardforce AI (GFAI) announced a partnership with Concorde to provide automated security solutions in Singapore. Tesla (TSLA) reported quarterly record revenue of $24.93 billion. BioNexus Gene Lab (BGLC) announced the pricing of its Public Offering of 1,250,000 shares. Sirius XM (SIRI) shares surged on abnormally high volumes and were halted several times for volatility.

Portfolio Pulse from Benzinga Neuro

July 21, 2023 | 1:29 am

PARA

PARAA

Country music artist Jason Aldean's controversial song 'Try That In A Small Town' has been taken off the airwaves by CMT, owned by Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA). The song, seen as pro-gun and pro-violence, has sparked controversy, leading to its removal from CMT's rotation. Despite this, the song has garnered nearly six million views on YouTube in six days. Several Republican presidential candidates have voiced their support for Aldean amidst the controversy.

Portfolio Pulse from Chris Katje

July 20, 2023 | 11:09 pm

DWAC

The merger between Donald Trump’s Trump Media & Technology Group and Digital World Acquisition Corporation (DWAC) has faced several delays. The U.S. Securities and Exchange Commission (SEC) has settled fraud charges against DWAC for misleading investors by failing to disclose prior discussions to acquire the Trump-led media company. The SEC and DWAC agreed on an $18 million penalty if the merger closes and a cease-and-desist order. DWAC shares are up 27.02% to $16.91 in after-hours trading.

Portfolio Pulse from Chris Katje

July 20, 2023 | 9:58 pm

ALTG

RILY

Alta Equipment has announced the commencement of a public offering of 2 million shares of common stock by an affiliate of B. Riley Financial. The selling stockholder will also grant the underwriters a 30-day option to purchase up to an additional 300,000 shares.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:48 pm