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Reddit is expanding its ad inventory by introducing ads within the comments section, aiming to provide brands with more advertising opportunities. This move was announced at the Cannes Lions event.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:28 pm

AAPL

ETHUSD

NVDA

SPY

TSLA

The article covers a range of topics including the tight race between Biden and Trump, Apple's focus on making devices thinner, cautious start for Wall Street, and various updates in the tech, crypto, and healthcare sectors. Key highlights include Goldman Sachs raising the S&P 500 year-end target, potential launch of a spot Ethereum ETF, and Apple's potential partnership with Japanese firms.

Portfolio Pulse from Akanksha Bakshi

June 17, 2024 | 2:18 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for June 17th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines potential bullish and bearish scenarios for each asset, emphasizing the importance of monitoring these levels for potential breakouts or reversals. The memo also notes limited significant data releases for the day and anticipates a challenging week of trading due to light volume and erratic volatility.

Portfolio Pulse from RIPS

June 17, 2024 | 2:16 pm

GME

GameStop's annual shareholders meeting, postponed to June 17, has garnered significant interest due to technical difficulties, a $3 billion fund raise, and the involvement of Keith Gill (Roaring Kitty). Investors are keen to learn about the usage of the funds, business transformation plans, and potential cryptocurrency investments.

Portfolio Pulse from Chris Katje

June 17, 2024 | 2:10 pm

UA

The University of Maryland and Under Armour have extended their partnership for another 12 years, solidifying their commitment to supporting student-athletes through 2036.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:02 pm

IREN

Shares in US-listed, Australian-born bitcoin miner Iren (formerly Iris Energy) are rallying due to its ability to source cheap green power to run Nvidia's AI chips in its data centers. The Nasdaq-listed company has seen a significant rise in its stock price this year.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:01 pm

ACN

LHX

L3Harris (LHX) and Accenture (ACN) have announced a partnership to build a digital core aimed at enhancing innovation, service improvements, and affordability as part of L3Harris's LHX NeXt transformation initiative.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:01 pm

AVTE

Aerovate Therapeutics Inc (NASDAQ:AVTE) announced that its Phase 2b trial for AV-101, a treatment for pulmonary arterial hypertension, did not meet its primary or secondary endpoints. As a result, the company is halting further trials. The stock plummeted 90.6% on high trading volume.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 1:52 pm

AGRI

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) shares surged 17% after announcing a $1 million share repurchase program. The company also received a patent for its Automated Growing Systems, adding value to its technology portfolio. Heavy trading volume was observed following the announcement.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 1:50 pm

QBTS

D-Wave and Davidson Technologies are collaborating to place a second US-based D-Wave Advantage Quantum Computer in Huntsville, AL. This initiative aims to target certification for sensitive applications using annealing quantum computing.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:43 pm