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DSY

KWE

SKYE

Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply by 19% after the company announced the discontinuation of its SBI-100 Ophthalmic Emulsion Phase 2a trial. Other notable movers include Big Tree Cloud Holdings Limited (NASDAQ:DSY) which jumped 123% following a business combination, and KWESST Micro Systems Inc. (NASDAQ:KWE) which gained 79.8% after being awarded a significant sub-contract. Several other stocks experienced significant gains or losses during Monday's mid-day session.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 6:10 pm

AAPL

Apple has announced 'Apple Intelligence' at the WWDC24 event, a new feature that will enable iPhone, iPad, and Mac to understand and create language and images.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 6:10 pm

AAPL

Apple has unveiled a new AI offering called 'Apple Intelligence' at the WWDC24 event. This new product is expected to enhance Apple's ecosystem and drive future growth.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 6:07 pm

GME

A crypto trader suggested that GameStop (NYSE:GME) could benefit from adopting a Bitcoin standard by raising over $5 billion through share issuance and converting it into Bitcoin. This move could increase demand for GameStop’s stock and expand its base of Bitcoin holders, potentially making it the biggest Bitcoin adoption story of the year.

Portfolio Pulse from Khyathi Dalal

June 10, 2024 | 6:06 pm

ARM

MSFT

NVDA

SEMI

SHOC

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings Plc (NASDAQ:ARM) with a price target of $180, citing positive themes from Computex in Taiwan. The analyst also considers Nvidia Corp (NASDAQ:NVDA) a top secular pick. Arm's CEO aims to capture over 50% of the Windows PC market within five years. Investors can gain exposure to the semiconductor sector via EA Series Trust Strive U.S. Semiconductor ETF (NYSE:SHOC) and Columbia ETF Trust I Columbia Seligman Semiconductor And Technology ETF (NYSE:SEMI).

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 6:01 pm

OTLY

Non-alcoholic beverage maker Mixoloshe has rebranded as Smashd following a successful marketing campaign. The campaign, which featured an employee's quest to gain followers on social media, led to a significant increase in social media traffic and product sales. The company is now expanding into Walmart stores and aims to raise $10 million in venture capital.

Portfolio Pulse from Anthony Noto

June 10, 2024 | 6:00 pm

AAPL

Apple Inc. (NASDAQ:AAPL) has unveiled iOS 18, featuring significant updates such as home screen customization, satellite messaging, privacy improvements, and more. Key enhancements include Apple Pay 'Tap To Cash,' Game Mode, and advanced messaging and mail functionalities.

Portfolio Pulse from Rounak Jain

June 10, 2024 | 6:00 pm

AAPL

Apple has announced updates to its Safari browser for macOS Sequoia during its latest event. These updates include enhanced privacy features, improved performance, and new tools for developers.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:58 pm

AAPL

Apple has introduced a new 'Password' app in its latest macOS Sequoia update, which will be available across all Apple devices.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:57 pm

DUOL

Duolingo shares have moved higher following the company's mention at Apple's WWDC 24 event.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:56 pm