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ETHUSD

Former President Donald Trump has profited significantly from the recent cryptocurrency rally, with his portfolio now worth $8.65 million. His largest holdings include Maga Coin and Ethereum, which saw substantial increases in value. Trump's pro-crypto stance is also a key part of his ongoing election campaign.

Portfolio Pulse from Aniket Verma

May 22, 2024 | 9:35 am

YSG

Yatsen Holding (NYSE:YSG) reported Q1 losses of $(0.11) per share, missing the analyst estimate of $(0.08) by 37.5%. Sales were $107.11M, also missing the estimate of $112.57M. Both figures represent declines from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 9:06 am

VIPS

Vipshop Holdings reported Q1 adjusted EPADS of $0.65, beating the estimate of $0.39. However, sales were $3.83 billion, missing the estimate of $3.93 billion.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 9:03 am

AAPL

AMD

CAT

KMI

SCHW

SO

SPY

Congresswoman Marjorie Taylor Greene has resumed stock transactions, adding shares of Apple, AMD, Caterpillar, Charles Schwab, Kinder Morgan, and Southern Company to her portfolio. She also invested significantly in short-term US Treasury Bills. This comes as the S&P 500 hits record highs, with bullish sentiment driven by rate-cut hopes.

Portfolio Pulse from Shanthi Rexaline

May 22, 2024 | 9:01 am

C

UK regulators have fined Citigroup Inc (NYSE:C) $79 million for trading control failures at its subsidiary, Citigroup Global Markets Limited (CGML). The fine was imposed due to deficiencies in CGML's trading controls, which led to significant trading incidents. The fine was reduced by 30% after Citigroup agreed to address the issues.

Portfolio Pulse from Benzinga Neuro

May 22, 2024 | 8:48 am

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) has applied to the EPA for certification of its 2025 model year R1T and R1S, revealing significant updates including a heat pump, smaller battery, and new aerodynamic wheels. The company aims to improve efficiency and reduce costs with these changes.

Portfolio Pulse from Anan Ashraf

May 22, 2024 | 8:17 am

BTCUSD

PZZA

May 22 is celebrated as Bitcoin Pizza Day, marking the first commercial use of Bitcoin when 10,000 BTC were exchanged for two pizzas from Papa John's. Bitcoin's value has since skyrocketed, making the pizzas worth nearly $700 million today. Shares of Papa John's saw a slight increase in after-market trading.

Portfolio Pulse from Aniket Verma

May 22, 2024 | 8:00 am

PLRX

Pliant Therapeutics presented data on their bexotegrast program at the American Thoracic Society 2024 International Conference. The data showed that bexotegrast was well tolerated across multiple studies, including Phase 1 and Phase 2 trials, with most adverse events being mild to moderate.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:51 am

KBDC

Kayne Anderson BDC has priced its initial public offering (IPO) of 6 million common shares at $16.63 per share.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:46 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) is urging shareholders to approve CEO Elon Musk's 2018 compensation package and the re-domestication of Tesla in Texas ahead of the annual meeting. The company emphasizes Musk's role in driving growth and creating shareholder value, while criticizing the Delaware Chancery court's decision to nullify the pay plan. Shareholder approval is deemed crucial for Tesla's future plans, with speculation that Musk might step down if the proposal fails.

Portfolio Pulse from Shanthi Rexaline

May 22, 2024 | 7:43 am