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BITQ

BTBT

CIFR

COIN

CS

F

MSTR

PLTR

SQ

TSLA

Bitcoin SV surged 51%, outperforming Bitcoin and Ethereum. Microstrategy's increased Bitcoin holdings prompted Canaccord Genuity to raise its price target. Ark Invest bought ProShares Bitcoin ETF shares and sold Coinbase, Block, and Palantir shares. In other markets, Bit Digital and Cipher Mining stocks moved higher. US politics and economy saw developments, including corporate default warnings from Fitch and a recession forecast by Peter Schiff. Tech giants like Google, Apple, and Microsoft made headlines with AI and security updates. In the EV sector, Tesla and Xiaomi made news, while Ford recalled F-Series cars. Credit Suisse was fined by Singapore, and New Fortress Energy secured a significant contract in Brazil.

Portfolio Pulse from Akanksha Bakshi

December 28, 2023 | 2:10 pm

ZKIN

ZK International Group Co., Ltd. (ZKIN) announced a series of positive developments including the launch of a new website, rebranding, a successful $8M bid with Chongqing Gas Group, a $5M financing round, and Nasdaq compliance. The new website aims to enhance stakeholder engagement and transparency. The $8M bid strengthens ZK International's presence in the Western China Gas Market. The $5M financing will support the company's growth and international expansion. ZKIN has also resolved its bid price deficiency and is now Nasdaq compliant, with assistance from Donohoe Advisory Associates LLC.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 2:06 pm

GETY

Getty Images has entered into a multi-year agreement to become the official photo distribution and licensing provider for the College Football Playoff (CFP). The deal includes rights to distribute and license photos from all CFP games and events, including the National Championship and the expanded 12-team playoff format for the 2024 and 2025 seasons, through gettyimages.com.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 1:59 pm

DATS

DatChat has launched a new AI social gaming platform along with a developer program aimed at game designers and content creators. The company also released its full HabyPets AI-powered interactive game.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 1:49 pm

FKWL

Sinnet Capital Partners has written to the board of Franklin Wireless (FKWL), urging them to return cash to shareholders through a special dividend and a stock buyback. They highlight FKWL's cash growth from $12.9 million to $33.6 million since March 2020, with no debt and $2.86 per share in cash. Sinnet suggests a $1.00 per share dividend and a $10 million Dutch tender buyback. They also recommend hiring an IR firm to issue press releases for significant events and earnings, noting the lack of national press releases has affected stock performance, which has declined despite significant contracts and revenue growth.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 1:11 pm

FSR

Fisker has upgraded its loyalty program to provide lifetime benefits, rewards, exclusive perks, and giveaways to its customers. This enhancement aims to improve customer retention and brand loyalty.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 11:34 am

TM

TSLA

Craig Irwin, a senior research analyst at Roth MKM and a bear on Tesla Inc (NASDAQ:TSLA), considers the stock 'egregiously overvalued' compared to Toyota Motor Corp (NYSE:TM). He cites competition in China and potential EV price cuts as challenges for Tesla. Elon Musk rebuts, stating Tesla is an AI/robotics company, not just an automaker. Despite the bearish view, Tesla's stock closed up 1.89% and gained 142% this year.

Portfolio Pulse from Anan Ashraf

December 28, 2023 | 9:46 am

TSLA

Elon Musk criticized a media report suggesting a robot 'attacked' an employee at Tesla's Texas gigafactory. The incident, involving a Kuka robot arm, occurred in 2021 and was unrelated to Tesla's humanoid bot Optimus. Musk clarified the robot was a standard industrial arm, not the Optimus, and expressed disappointment over the media's portrayal of the event.

Portfolio Pulse from Anan Ashraf

December 28, 2023 | 6:11 am

LOPE

The FTC has filed a lawsuit against Grand Canyon University, its marketer, and its CEO for deceptive advertising regarding the cost and course requirements of its doctoral programs, as well as its nonprofit status. The lawsuit also alleges that the university engaged in illegal telemarketing practices.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 9:19 pm

DIS

Disney's 'Percy Jackson and the Olympians' reboot premiered on Disney+ and Hulu, attracting 13.3 million viewers in six days. The series, based on Rick Riordan's books, could boost Disney+ subscriptions, complementing its content library alongside 'Bluey', the most-watched series for kids in 2023. Despite calls to cancel Disney+ and Hulu subscriptions, strong content offerings for kids and teens may keep Disney+ competitive in the streaming market.

Portfolio Pulse from Chris Katje

December 27, 2023 | 4:57 pm