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ABAT

BHP

FEAM

5E Advanced Materials, Inc. (FEAM) has commenced mining operations at its 5E Boron Americas Complex, with plans to produce boric acid and lithium carbonate by Q1 2024. American Battery Technology Company (ABAT) has seen a 7.5% increase in short interest, now taking an average of 3.03 days to cover. BHP Group Limited (BHP) experienced unusual options activity, with a sentiment split of 75% bullish and 25% bearish based on eight transactions.

Portfolio Pulse from Austin DeNoce

January 02, 2024 | 10:06 pm

DIS

ETH-USD

The 1928 version of Mickey Mouse from 'Steamboat Willie' has entered the public domain, leading to new interpretations, including a horror film 'Mickey's Mouse Trap.' Disney (NYSE:DIS) no longer holds copyright over this version of the character. The film is not affiliated with Disney and has no release date yet. A survival horror game 'Infestation 88' is also in development. An NFT collection based on Steamboat Willie sold out quickly and has seen significant price appreciation.

Portfolio Pulse from Chris Katje

January 02, 2024 | 9:47 pm

ASTS

AST SpaceMobile has updated its fundraising progress, indicating that it now aims to close and fund a previously disclosed strategic investment with multiple parties in January 2024.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:32 pm

LRCX

Lam Research Corporation (NASDAQ:LRCX) shares dropped by 5.2% to $742.94 amid a broader decline in semiconductor and chip stocks, influenced by rising Treasury yields and a decision by the Netherlands to block the export of some lithography systems to China. This decision, affecting ASML Holding, aligns with previous U.S. export restrictions and has contributed to the sector's pullback after gains earlier in 2023. LRCX's 52-week trading range is between $407.27 and $801.29.

Portfolio Pulse from Henry Khederian

January 02, 2024 | 8:53 pm

AMD

AMZN

HUMA

KRUZ

META

MNST

MSFT

NANC

NVDA

SPY

TSLA

A report by Unusual Whales reveals that 115 members of Congress disclosed stock transactions in 2023, with about a third outperforming the S&P 500. The average gains were 31.18% for Democrats and 17.99% for Republicans, compared to the S&P 500's 24.8%. The report also highlights potential conflicts of interest related to committee positions and trading activities. Notable trades include those by Josh Gottheimer in Meta Platforms and NVIDIA, and Nancy Pelosi's scrutinized Nvidia options trades. Unusual Whales launched two ETFs, NANC and KRUZ, tracking Democratic and Republican trading activities in Congress.

Portfolio Pulse from Chris Katje

January 02, 2024 | 8:51 pm

FIS

Fidelity National Info (NYSE:FIS) has seen a 12.75% increase in short interest since the last report, with 9.92 million shares sold short, representing 1.68% of available shares. The short interest is below the peer group average of 6.00%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 8:30 pm

BTCUSD

Traders on Polymarket are betting on an 89% chance that the U.S. will approve a Bitcoin ETF by January 15. The optimism, which has grown from 50% a month earlier, has contributed to Bitcoin's price surge above $45,000. The SEC may inform the 14 spot ETF applicants of their approval status soon. Some traders are hedging with 'No' contracts against potential price drops if the ETFs are not approved.

Portfolio Pulse from Murtuza Merchant

January 02, 2024 | 7:41 pm

NYT

Farallon Capital Partners, L.P. has disclosed a 5.8% passive stake in The New York Times Company, indicating a significant investment by the firm in the media company.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 7:35 pm

BTCUSD

ETHUSD

SOLUSD

Bitcoin-based NFTs, known as Ordinals, reached a record $881M in sales in December 2023, a 130% increase from November. The Ordinals protocol allows unique data inscriptions on Bitcoin's blockchain, contributing to the market growth. The number of active buyers and sellers also hit record highs. Solana flipped Ethereum in monthly NFT sales for the first time, with $366M in sales compared to Ethereum's $353M. The performance of Bitcoin NFTs and the broader NFT market's resurgence could indicate a significant shift in the digital asset space.

Portfolio Pulse from Murtuza Merchant

January 02, 2024 | 7:10 pm

OPUSD

Optimism's cryptocurrency (OP) has seen a price decrease of 3.11% over the past 24 hours, now at $3.71, despite a 17.0% increase over the past week. The trading volume has risen by 11.0%, while the circulating supply slightly decreased by 0.09%. Optimism's current market cap is $3.38 billion, ranking it 29th.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:03 pm