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NSC

A non-Norfolk Southern train derailed near Plymouth, PA, causing expected delays of at least 12 hours on shipments moving to and from the Morrisville Intermodal Facility.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 4:12 pm

VIRI

Virios Therapeutics announced data showing improvement in multiple Long-Covid symptoms following treatment with a combination of Valacyclovir and Celecoxib in a proof of concept study. However, the company's shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 4:12 pm

DIS

Walt Disney Company (NYSE:DIS) shares are trading lower, down by more than 8% over the last month. The entertainment industry is facing disruption due to the SAG-AFTRA strike of actors and writers. Disney's CEO, Bob Iger, expressed concerns about the unrealistic expectations of the unions. Additionally, Disney is in a legal dispute with Governor DeSantis and the state of Florida over its self-governing control over its theme park. Disney's shares are trading on higher than average volume.

Portfolio Pulse from Erica Kollmann

July 17, 2023 | 4:08 pm

FSR

Fisker Inc (NYSE:FSR) plans to produce 100 Fisker Extreme Vigyan Edition all-electric SUVs for the Indian market, with deliveries expected to begin in Q4 2023. The pricing is expected to match Europe, where the Fisker Ocean Extreme is priced at €69,950 in Germany. Fisker's shares are trading higher by 3.8% at $6.41.

Portfolio Pulse from Shivani Kumaresan

July 17, 2023 | 4:07 pm

NVDA

Nvidia's shares reached a record high of $480.88, marking a year-to-date increase of over 200%. The company's GPUs have been used in training OpenAI's ChatGPT. The stock may experience a slight setback before reaching the $500 milestone, but this is seen as a strategic pause for future growth.

Portfolio Pulse from Zaheer Anwari

July 17, 2023 | 4:06 pm

DIS

PARA

PARAA

Media stocks are trading lower due to the SAG-AFTRA union strike. The companies mentioned are Disney (DIS), Paramount Global (PARA), and Paramount Global Class A (PARAA).

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 4:06 pm

AFRM

Affirm Holdings has seen a significant option alert for August 18 $17.5 calls. A total of 578 contracts were traded near the ask price at $1.664, compared to an open interest of 5083. The company is expected to announce its earnings on August 24 after market close.

Portfolio Pulse from Charles Gross

July 17, 2023 | 4:04 pm

VZ

Verizon's stock is trading lower due to recent concerns over lead-sheathed cables, which has negatively impacted some telecom stocks.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 4:03 pm

TSLA

Senator Elizabeth Warren has called for an SEC investigation into Tesla over Elon Musk's acquisition of Twitter last year, citing potential conflicts of interest and misappropriation of corporate assets. Warren accused Tesla's board of inadequate disclosures and inaction, raising concerns about the effectiveness of the board's corporate governance and potential violation of securities laws. She also suggested that Musk's relationships with board members may have contributed to their inaction. Tesla is set to report Q2 financial results this week.

Portfolio Pulse from Adam Eckert

July 17, 2023 | 4:03 pm

ATVI

There is an option alert for Activision Blizzard (ATVI) for Friday $95 calls at the ask price of $0.4. This is against an open interest of 112306. The company's earnings are expected to be announced on 7/31 after the market closes. The reference price is $92.87.

Portfolio Pulse from Charles Gross

July 17, 2023 | 4:02 pm