Streetbeat News

Stock Prices

AI

BB

DJT

GME

HIMS

NVDA

PANW

QQQ

TNDM

TSLA

The top 10 trending stocks on WallStreetBets as of May 21, 2024, include NVDA, AI, HIMS, TSLA, DJT, GME, PANW, TNDM, BB, and QQQ, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:19 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) shares surged after AiLO Logistics placed a 100-truck order for Nikola hydrogen fuel cell electric vehicles. This follows an initial order of 50 trucks, with deliveries starting in 2024. The new order is scheduled for delivery in 2025. Additionally, Nikola opened a new high-pressure modular refueling station in Southern California.

Portfolio Pulse from Nabaparna Bhattacharya

May 21, 2024 | 1:18 pm

AMZN

NVDA

Amazon has paused orders of Nvidia's 'superchip' as it awaits an updated model, according to the Financial Times.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:18 pm

GTBP

GT Biopharma has announced a $3.2 million registered direct offering priced at-the-market at $4.35 per share under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:17 pm

LYRA

Lyra Therapeutics is laying off ~75% of its workforce and pausing manufacturing and commercialization efforts to extend its cash runway into 2026. The company will focus on its ENLIGHTEN Phase 3 trials for LYR-210 and has paused efforts for LYR-220.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:16 pm

IT

Gartner's (NYSE:IT) short interest has risen by 7.74%, with 1.11 million shares sold short, representing 1.67% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Gartner's short interest is still below the peer group average of 3.26%.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 1:15 pm

BTCUSD

DWAC

ETHUSD

NVDA

TSLA

Ethereum rises 20% and Bitcoin surpasses $70K fueled by ETF inflows. Wall Street opens flat with Nvidia earnings and Fed speeches in focus. Tesla's Semi fleet grows as PepsiCo takes delivery of 50 EV trucks. Trump Media & Technology Group reports over $300M loss in first earnings since going public.

Portfolio Pulse from Akanksha Bakshi

May 21, 2024 | 1:15 pm

ZM

Zoom Video Communications Inc (NASDAQ:ZM) shares are trading lower following the company's first-quarter financial results. Despite beating revenue and EPS estimates, multiple analysts lowered their price targets on the stock. Zoom's Q1 revenue was $1.14 billion, and EPS was $1.35. The company provided a mixed outlook for Q2 and the full year, with revenue projections meeting estimates but EPS projections slightly below. Analysts' price target adjustments reflect cautious sentiment.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 1:13 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) reported first-quarter revenue of $770,500, missing analyst estimates of $1.12 million, and a quarterly loss of $3.61 per share. The company has $273.7 million in cash and plans to focus on long-term product development, including live TV streaming.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 1:13 pm

PANW

Palo Alto Networks Inc (NASDAQ:PANW) shares are trading lower despite reporting better-than-expected fiscal third-quarter revenue and earnings. The company provided a positive outlook for the fourth quarter and full year, and several analysts raised their price targets. However, the stock is down 6.64% at $302.27.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 1:12 pm