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META

Meta Platforms Inc.'s Threads platform has reached 100 million users, leading to an increase in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 1:40 pm

NTRS

UBS analyst Brennan Hawken has downgraded Northern Trust (NASDAQ:NTRS) from Buy to Neutral and lowered the price target from $100 to $80.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 1:36 pm

JD

NVO

QQQ

SPY

TSLA

The U.S. consumer price index (CPI) inflation report for June is set to be released on Wednesday. Economists anticipate the annual U.S. headline inflation rate to drop from 4% to 3.1%, marking the 12th consecutive month of declines. The core CPI is expected to decline from 5.3% to 5%. The market remains uncertain about the possibility of two rate hikes this year. Previous CPI readings have impacted various stocks and ETFs.

Portfolio Pulse from Piero Cingari

July 10, 2023 | 1:36 pm

AAP

Advanced Auto Parts (AAP) shares are trading lower after Atlantic Equities downgraded the stock from Neutral to Underweight and lowered its price target from $130 to $50.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 1:31 pm

ALPP

Alpine 4 Holdings Inc's shares are trading higher after its subsidiary, Vayu Aerospace Corporation, received a $5.25 million purchase order from All American Contracting. This is the first order from a $100 million supply agreement. The company's CEO, Kent Wilson, expressed optimism about the potential for significant revenue generation.

Portfolio Pulse from Adam Eckert

July 10, 2023 | 1:31 pm

SSYS

Stratasys shares are trading higher after Nano Dimension increased its special tender offer from $20.05 to $24 per share.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 1:31 pm

BTGOF

BT Group PLC's CEO, Philip Jansen, has announced his intention to step down within the next 12 months. The Board has begun the search for a new CEO, with an update expected this summer. This follows BT Group's announcement in May of plans to cut its global workforce from 130k to between 75k-90k over FY28-FY30. BTGOF shares closed higher by 2.30% at $1.555 on Friday.

Portfolio Pulse from Lekha Gupta

July 10, 2023 | 1:31 pm

ALPP

Alpine 4's subsidiary, Vayu Aerospace, has received its first $5.25 million purchase order from its $100 million supply agreement with All American Contracting, a U.S. government contractor. This has led to a rise in Alpine 4's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 1:30 pm

BBIG

Vinco Ventures Inc's (BBIG) shares are trading lower after reports that the company's deal to buy the National Enquirer collapsed. The company had formed a joint venture with Icon Publishing to buy the National Enquirer from a360 Media, but the purchase agreement has since expired.

Portfolio Pulse from Adam Eckert

July 10, 2023 | 1:28 pm

BBIG

Vinco Ventures' deal to acquire the National Enquirer has reportedly collapsed, according to a Wall Street Journal report. This news has led to a decrease in Vinco Ventures' share price.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 1:27 pm