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LQR

LQR House Inc. (NASDAQ:LQR) reported a 260% year-over-year revenue growth for June 2024, with revenues reaching $236,157.05 compared to $65,575 in June 2023. This significant increase highlights the company's strong performance and growth in the ecommerce and alcohol sectors.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:47 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has extended its offer to transfer Full Self-Driving (FSD) capability from older vehicles to new ones until the end of September. This extension allows customers to make new purchases until after the robotaxi unveiling event on August 8, which is expected to highlight Tesla's advancements in autonomous driving.

Portfolio Pulse from Anan Ashraf

July 03, 2024 | 12:43 pm

AZZ

AZZ Inc. (NYSE:AZZ) is set to release its Q1 earnings report on July 10, with analysts expecting an EPS of $1.28 and revenue of $399.38 million. The company recently announced a quarterly dividend of 17 cents per share, offering an annual yield of 0.90%. Investors need approximately $665,065 in AZZ shares to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

July 03, 2024 | 12:41 pm

DM

NNDM

SSYS

Desktop Metal, Inc. (NYSE:DM) has been acquired by Nano Dimension Ltd. (NASDAQ:NNDM) in an all-cash deal valued at $5.50 per share, representing a 27.3% premium over DM's closing price. The deal, totaling approximately $183 million, could be adjusted based on certain conditions. The transaction is expected to close in Q4 2024. The combined entity aims to leverage increased scale and diversification, with a projected 2023 combined revenue of $246 million.

Portfolio Pulse from Lekha Gupta

July 03, 2024 | 12:37 pm

RPAY

Repay shares are trading lower after the company announced pricing of its convertible notes offering.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:35 pm

STZ

Constellation Brands shares are trading higher after the company reported mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:33 pm

BAC

Bank of America Corp (NYSE:BAC) stock hit a new 52-week high of $40.96, driven by strong technical indicators and a favorable analyst outlook. The stock has outperformed the S&P 500 and the S&P Banks Index, with a year-to-date increase of 21.56%. Goldman Sachs analyst Richard Ramsden sees a valuation discount and expects Net Interest Income to reaccelerate later in the year.

Portfolio Pulse from Surbhi Jain

July 03, 2024 | 12:33 pm

OPAL

TOPS

VTNR

The article highlights three oversold energy stocks with RSI values below 30, indicating potential buying opportunities. The stocks mentioned are TOP SHIPS Inc (NYSE:TOPS), Opal Fuels Inc (NASDAQ:OPAL), and Vertex Energy Inc (NASDAQ:VTNR).

Portfolio Pulse from Avi Kapoor

July 03, 2024 | 12:33 pm

DELL

IVW

NVDA

SMCI

VGT

Nvidia Corp (NASDAQ:NVDA) is under scrutiny as its advanced AI chips are reportedly being smuggled into China despite U.S. export restrictions. The underground market for these chips is thriving, with over 70 distributors advertising Nvidia’s restricted chips online. Nvidia sells its chips through third parties like Dell Technologies Inc (NYSE:DELL) and Super Micro Computer Inc (NASDAQ:SMCI). The U.S. government plans to extend its semiconductor technology embargo to Russia. Nvidia stock has gained over 189% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

July 03, 2024 | 12:31 pm

SPY

The USA trade balance for May was reported at -$75.10 billion, an improvement from the previous month's -$76.30 billion and slightly worse than the expected -$74.60 billion.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:30 pm