>>> US Gapping up

Gapping up

Other news:

  • XPEV +8.9% (June deliveries)
  • AJX +8.5% (Great Ajax and Ellington Financial (EFC) announce merger agreement)
  • TSLA +6.4% (reports Q2 deliveries of 466,140 vehicles)
  • LI +6% (June deliveries)
  • NIO +5% (June deliveries)
  • NRGV +4.4% (files for $300 mln mixed securities shelf offering)
  • DMAC +4.2% (files for 11,011,406 shares of common stock by selling shareholders)
  • GCT +3.6% (announces it ceases to qualify as a foreign private issuer)
  • LH +3.4% (completed the spin-off of Fortrea (FTRE))
  • NOK +2.2% (signs a new patent cross-license agreement with Apple (AAPL) which will replace the current license that is due to expire at the end of 2023)
  • BITF +2% (mines 385 BTC in June)
  • MS +1.2% (to increase its quarterly dividend to $0.85/share from $0.775/share and reauthorizes a share repurchase program of up to $20 bln) . 

Analyst comments:

  • ACMR +7% (upgraded to Buy from Underperform at Jefferies)
  • LAZ +1.1% (upgraded to Peer Perform from Underperform at Wolfe Research)
  • SO +0.9% (upgraded to Conviction Buy from Buy and placed on Conviction List)