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GSIT

GSI Technology has been granted U.S. Patent #12008068 for in-memory matrix multiplication and its usage in neural networks. This patent could enhance the company's technological capabilities and market position in the AI and neural network sectors.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 6:37 pm

CCOEY

Resident Evil Village has sold over 10 million copies, making it the fastest-selling game in the series. The game's success is attributed to its engaging gameplay and popular characters. Capcom ADR's Resident Evil Village Gold Edition has also contributed to sustained sales. The franchise is expected to continue with more remakes and a new installment.

Portfolio Pulse from Franca Quarneti

June 11, 2024 | 6:37 pm

GME

Keith Gill, aka Roaring Kitty, has reignited interest in GameStop (NYSE:GME) with his large holdings and options set to expire soon. Gill's return to social media and his significant stake in GameStop have boosted the stock, but recent earnings and a new share offering have caused volatility. Gill faces a decision to either sell or exercise his options, both of which carry risks.

Portfolio Pulse from Chris Katje

June 11, 2024 | 6:32 pm

AISP

BNED

CURI

CVGW

CXW

TH

TPET

U.S. stocks traded mixed with the Nasdaq Composite gaining around 100 points. CoreCivic shares plummeted after receiving a termination notice from ICE. Calavo Growers reported strong Q2 results, boosting its stock. Trio Petroleum, CuriosityStream, and Airship AI saw significant gains, while Target Hospitality and Barnes & Noble Education experienced sharp declines.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 6:31 pm

AAPL

NVDA

Brad Gerstner, founder and CEO of Altimeter Capital, has become more bullish on Apple Inc (NASDAQ:AAPL) as the company unveils new AI-powered features at its annual developers conference. Gerstner announced on CNBC that he bought Apple stock ahead of the 2024 WWDC, citing Apple's positioning in the premium consumer space and its partnership with OpenAI. He believes Apple will be a key player in the AI race. Gerstner also continues to be bullish on Nvidia Corp (NASDAQ:NVDA), which he has been buying since late 2022, predicting an 'AI supercycle.'

Portfolio Pulse from Adam Eckert

June 11, 2024 | 6:31 pm

BIDU

Options market data indicates a bearish sentiment among large investors towards Baidu (NASDAQ:BIDU). The majority of recent trades are puts, suggesting expectations of a price decline. Analysts have mixed ratings, with price targets ranging from $125 to $180.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:31 pm

JD

Financial giants have shown a bullish interest in JD.com (NASDAQ:JD) with 23 unusual options trades. 69% of these trades were bullish, focusing on a price range between $25.0 and $60.0. Analysts have mixed ratings, with price targets ranging from $35 to $55.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:31 pm

CVS

Investors have taken a bullish stance on CVS Health, with significant options trades detected. The sentiment is predominantly bullish, with a focus on a price range between $55.0 and $67.5. CVS Health is currently trading at $59.9, down by 0.63%. Analysts have mixed ratings, with a consensus target price of $73.5.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:31 pm

BRO

Brown & Brown (NYSE:BRO) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.3%. A $1000 investment in BRO 5 years ago would be worth $2,724.79 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:30 pm

FLUT

Flutter Entertainment (NYSE:FLUT) has outperformed the market over the past 5 years, delivering an average annual return of 20.19%. A $100 investment in FLUT 5 years ago would be worth $250.81 today. The company currently has a market capitalization of $32.98 billion.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:30 pm