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PEGY

Scott Maskin, Interim CEO of Pineapple Energy Inc. (PEGY), has purchased additional shares in the company, signaling confidence in its long-term viability in the renewable energy sector. The size or amount of the purchase was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:17 pm

NRDY

Nerdy Inc.'s CEO, Charles K. Cohn, has purchased 347,275 shares of the company's stock at an average price of $1.88 per share, according to a recent SEC Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:15 pm

SWN

Southwestern Energy's short interest has decreased by 5.56%, with 40.19 million shares sold short, representing 4.08% of its float. This is lower than the peer group average of 7.57%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 1:15 pm

ANET

Arista Networks (NYSE:ANET) has seen a 6.19% increase in its short percent of float, now at 1.2% of all regular shares available for trading. This indicates a rise in bearish sentiment, although the company's short interest is still lower than its peers' average of 9.72%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 1:15 pm

AAPL

AI

AVGO

GRND

HPE

MU

NVDA

TSLA

TSM

WAY

The top 10 trending stocks on WallStreetBets as of June 17, 2024, include NVDA, GRND, AI, TSLA, HPE, AAPL, WAY, MU, AVGO, and TSM. This data is sourced from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:14 pm

MRNS

Marinus Pharmaceuticals announced mixed results from its Phase 3 RAISE trial for IV ganaxolone in treating refractory status epilepticus (RSE). While the drug showed significant efficacy in stopping status epilepticus within 30 minutes, it failed to achieve statistical significance in preventing progression to IV anesthesia. The company plans to continue analyzing the data and engage with the FDA for further steps.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 1:14 pm

RIO

Rio Tinto (NYSE:RIO) is set to receive approval from Serbia to develop Europe's largest lithium mine, the Jadar project, by 2028. This project aims to produce significant amounts of lithium carbonate, boric acid, and sodium sulfate, crucial for the EV industry and other industrial applications. Despite past environmental concerns and opposition, new guarantees from Rio Tinto and the EU have addressed these issues, leading to the project's revival.

Portfolio Pulse from Stjepan Kalinic

June 17, 2024 | 1:12 pm

ADSK

Autodesk Inc (NASDAQ:ADSK) shares surged after activist investor Starboard Value acquired a $500 million stake and pushed for margin improvements and board changes. Starboard's letter to shareholders emphasized the potential for growth and profitability improvements. The investor also filed a lawsuit to reopen the nomination window for the company's board.

Portfolio Pulse from Adam Eckert

June 17, 2024 | 1:10 pm

NVDA

NVIDIA has contributed the largest ever indoor synthetic dataset to the AI City Challenge at the CVPR conference, aiding the development of AI models for smart cities and industrial automation. The dataset, created using NVIDIA Omniverse, includes 212 hours of 1080p video and features nearly 1,000 cameras and 2,500 digital human characters. This initiative aims to enhance operational efficiency in physical settings such as retail and warehouse environments.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:10 pm

NVDA

NVIDIA won the Autonomous Grand Challenge at the CVPR conference with its Hydra-MDP model for end-to-end driving. The company also showcased its advancements in accelerated computing and generative AI for autonomous vehicle development, including the NVIDIA Omniverse Cloud Sensor RTX microservices.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:10 pm