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AAPL

AI

AMC

AMD

DELL

GME

LOT

NVDA

TSLA

WAY

The top 10 trending stocks on WallStreetBets as of June 10, 2024, include NVDA, AAPL, AI, WAY, LOT, AMD, TSLA, AMC, DELL, and GME, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:15 pm

MKSI

MKS Instruments, Inc. (NASDAQ:MKSI) announced plans to build a Super Center factory in Penang, Malaysia, to support wafer fabrication equipment production. The construction will occur in three phases, with groundbreaking expected in early 2025.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:14 pm

MRNA

Moderna announced that its Phase 3 trial of the mRNA-1083 combination vaccine against influenza and COVID-19 met its primary endpoints.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:13 pm

SOUN

SoundHound AI, Inc. (NASDAQ:SOUN) has prepaid its $100 million debt, saving over $55 million in interest and fees, and freeing up $14 million of restricted cash. The company now has a cash balance of $180 million and no outstanding debt, providing strong liquidity and flexibility.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:13 pm

MRNA

Moderna Inc (NASDAQ:MRNA) shares are trading higher after the company announced positive Phase 3 trial data for its combination vaccine against Influenza and COVID-19. The vaccine, mRNA-1083, met its primary endpoints by eliciting a higher immune response than comparator vaccines. Moderna plans to present the data at a medical conference and engage with regulators for next steps.

Portfolio Pulse from Adam Eckert

June 10, 2024 | 1:12 pm

BTCUSD

An anonymous crypto analyst, CrediBULL Crypto, predicts a significant surge in Bitcoin's price, expecting it to break $100,000 after a brief dip to around $62,000. This aligns with other market analyses and recent investor interest in digital assets.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 1:08 pm

NVDA

NVIDIA announced a 10-for-1 stock split, reducing its stock price to approximately $120 per share, making it more accessible to investors. The company has seen a 213% surge in stock price over the past year and is now valued at $3 trillion. NVIDIA is expected to benefit from up to $10 billion in AI investments by 2024.

Portfolio Pulse from Zaheer Anwari

June 10, 2024 | 1:07 pm

LBPH

Longboard Pharmaceuticals announced positive interim results from the 52-week open-label extension of the PACIFIC study evaluating Bexicaserin (LP352) in participants with developmental and epileptic encephalopathies. The study showed a median seizure reduction of 56.1% over approximately 6 months, with favorable safety and tolerability results. An End of Phase 2 Meeting is scheduled for this summer.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:03 pm

AIRI

EZFL

FPAY

HBIO

Insiders have been buying shares of four penny stocks: Harvard Bioscience, EZFill Holdings, Air Industries Group, and FlexShopper. These transactions may indicate confidence in the companies' prospects despite recent mixed financial results.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 1:01 pm

U

Over the past three months, 7 analysts have shared their opinions on Unity Software (NYSE:U), with ratings ranging from bullish to bearish. The average 12-month price target is $27.43, with a high of $33.50 and a low of $16.00. Recent analyst actions include both downgrades and maintained ratings, reflecting mixed sentiments. Unity Software faces financial challenges, including a decline in revenue growth, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 1:01 pm