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AMZN

NVDA

The article covers various topics including a significant increase in Shiba Inu's burn rate, Amazon drivers being classified as employees, and Nvidia's expected strong earnings driven by AI demand. It also mentions the impact of Jerome Powell's upcoming speech on US markets.

Portfolio Pulse from Akanksha Bakshi

August 23, 2024 | 1:27 pm

ASTS

LOT

LUNR

MADE

NVDA

QQQ

RBLX

RKLB

TLRY

WAY

The article lists the top 10 trending stocks on WallStreetBets as of August 23, 2024, according to Swaggy Stocks. The stocks mentioned are NVDA, WAY, MADE, TLRY, RBLX, RKLB, LUNR, QQQ, LOT, and ASTS.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 1:17 pm

JAZZ

Jazz Pharmaceuticals reported results from a Phase 3 trial in Japan for Epidiolex, a CBD treatment for severe epilepsy. The trial did not meet its primary goal but showed numeric improvements and no new safety issues. Jazz plans to engage with Japanese regulatory authorities for a potential new drug application.

Portfolio Pulse from Nina Zdinjak

August 23, 2024 | 1:15 pm

PTON

Peloton Interactive reported better-than-expected Q2 results, with reduced losses and increased sales. Following the earnings announcement, analysts revised their price targets, leading to a significant stock price increase.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 1:11 pm

INTU

Intuit reported strong Q4 results, beating revenue and EPS estimates, and issued FY25 guidance above expectations. The company announced a $3 billion share repurchase program. Analysts raised their price targets for Intuit, reflecting optimism about its future growth.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 1:03 pm

NUWE

Nuwellis has announced a direct offering and private placement, issuing 496,901 shares at $1.8450 per share and warrants for an additional 496,901 shares with a $1.72 exercise price. The closing is expected on August 26, 2024, with proceeds aimed at supporting working capital and corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 1:02 pm

APP

Analysts have mixed ratings for AppLovin (NASDAQ:APP) with a recent bearish sentiment. The average 12-month price target has increased to $91.6, indicating a positive outlook. AppLovin has shown strong financial performance with high revenue growth and profitability, but faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 1:01 pm

WOLF

Wolfspeed (NYSE:WOLF) has been analyzed by 11 analysts, showing a range of sentiments from bullish to bearish. Recent evaluations indicate a decline in average price targets, with several analysts lowering their ratings. The company's financials reveal challenges, including a decline in revenue, negative net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 1:01 pm

UBER

In the past three months, 23 analysts have provided ratings for Uber Technologies, with a mix of bullish and somewhat bullish sentiments. Analysts have set a 12-month average price target of $88.13 for Uber, reflecting a 2.03% increase from the previous target. The company's financial performance shows strong market capitalization, revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 1:01 pm

NTES

Analysts have mixed views on NetEase (NASDAQ:NTES) with recent ratings showing a shift towards bullish sentiment. The average 12-month price target has decreased by 9.91% to $105.4. Analysts have adjusted their ratings and price targets, reflecting changing market conditions. NetEase shows strong financial performance with a high net margin and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 1:00 pm