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UONEK

Urban One (NASDAQ:UONEK) reported a significant decline in its Q4 earnings per share (EPS) and sales compared to the same period last year. The company posted a loss of $(0.23) per share, a 560% decrease from $0.05 per share last year. Sales also fell by 8.86% to $120.34 million from $132.04 million.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 10:49 am

IYW

MSFT

SONY

XLK

Microsoft's Xbox Division unveiled new all-digital Xbox Series X and S consoles and trailers for over a dozen upcoming games at the Xbox Games Showcase. The company aims to boost console sales amid declining gaming industry revenues and layoffs. Key highlights include a disc-less Series X and S, a special edition Series X with 2TB storage, and new game titles like 'Doom: The Dark Ages' and a 'Gears of War' sequel. Microsoft focuses on Xbox Game Pass to attract consumers by offering major titles at launch. Microsoft stock has gained over 27% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 10:28 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) has been a top performer in the S&P 500, driven by its leadership in AI technology. The company's Data Center business, which now accounts for 87% of its revenue, has seen a 427% year-over-year growth. Nvidia's stock has surged 730% since the start of 2023 and 144% this year. A $1,000 investment in Nvidia in 2008 would be worth $260,631.68 today, reflecting a 25,963.17% return.

Portfolio Pulse from Shanthi Rexaline

June 10, 2024 | 10:11 am

BITF

RIOT

Bitfarms' Board has unanimously approved a Shareholder Rights Plan to protect the integrity of its strategic alternatives review process. The plan allows Riot to proceed with an unsolicited take-over bid under Canadian securities laws and becomes exercisable if a person or related persons acquire 15% or more of Bitfarms' shares before September 10, 2024, or 20% thereafter without complying with the plan's provisions.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 10:05 am

CMA

DSY

HOVR

KKR

ROMA

SBFM

SPEC

KKR & Co. Inc. (NYSE:KKR) shares surged 10.4% in pre-market trading after it was announced that the company will join the S&P 500, replacing Comerica Inc. (NYSE:CMA). Other notable pre-market movers include Big Tree Cloud Holdings Limited (NASDAQ:DSY), New Horizon Aircraft Ltd. (NASDAQ:HOVR), and Spectaire Holdings Inc. (NASDAQ:SPEC) among gainers, while Sunshine Biopharma, Inc. (NASDAQ:SBFM) and Roma Green Finance Limited (NASDAQ:ROMA) were among the losers.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 9:59 am

GME

Keith Gill, aka Roaring Kitty, reignited interest in GameStop (NYSE:GME) by posting his trading account details, causing significant stock volatility. Despite the SEC's lack of rules on social media influencers, Chamath Palihapitiya noted no clear deception in Gill's actions. GameStop's stock saw dramatic fluctuations, influenced by Gill's posts and the company's early earnings release and stock offering.

Portfolio Pulse from Shanthi Rexaline

June 10, 2024 | 9:50 am

OCS

Oculis announced positive topline results from its Phase 2b RELIEF trial for Licaminlimab, an anti-TNFα biologic eye drop. The trial showed significant improvements in corneal inflammation, especially in patients with the TNFR1 genetic biomarker. The company plans to finalize Phase 3 development plans after an End-of-Phase 2 meeting with the FDA.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:13 am

BTCUSD

Arthur Hayes, co-founder of BitMEX, shared his bullish trading strategies for the 2024 cryptocurrency market, emphasizing the importance of holding Bitcoin amid monetary expansion and potential financial incentives from upcoming elections.

Portfolio Pulse from Aniket Verma

June 10, 2024 | 9:00 am

AAPL

Apple Inc. (NASDAQ:AAPL) will host its WWDC 2024 keynote on June 10, revealing new software updates including iOS 18, iPadOS 18, macOS 15, tvOS 18, watchOS 11, and visionOS 2. The event will also feature announcements on new AI features and a potential partnership with OpenAI.

Portfolio Pulse from Ananya Gairola

June 10, 2024 | 8:55 am

TMO

Morgan Stanley's Aaron Dunn advises investors to diversify beyond major tech stocks, recommending BJ's Wholesale Club Holdings Inc (NYSE:BJ) and Thermo Fisher Scientific (NYSE:TMO) for their strong financials and growth potential.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 8:54 am