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DIS

DKNG

A sports bettor won nearly $500,000 on a $5 bet by correctly predicting 14 NFL players to score touchdowns in their Week 16 games. The bet was placed with DraftKings Inc (NASDAQ:DKNG) and included a mix of likely and unlikely scorers. The winning parlay had odds of +9,787,560. The news could increase interest in touchdown parlay bets for DraftKings and other sportsbooks. The final game that decided the bet was broadcasted on ABC and streamed on ESPN+, both owned by The Walt Disney Company (NYSE:DIS).

Portfolio Pulse from Chris Katje

December 26, 2023 | 5:17 pm

TIVC

Tivic Health Systems has been granted a European patent (EP3615134) for a 'Sinus Treatment Device with Adaptive Circuit'. This patent approval could potentially open up new markets for Tivic Health Systems in Europe, enhancing their intellectual property portfolio and possibly leading to increased interest in their products and technology.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 5:13 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) stock has risen over 50% in the past five sessions, with a significant increase in trading volume. The company reported mining 403 Bitcoins in November, an 81.5% year-over-year increase. The stock's surge is also attributed to the ongoing Bitcoin rally and anticipation of a spot Bitcoin ETF approval. Bitdeer's stock is up more than 175% over the past month.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 5:07 pm

NTES

SPY

TCEHY

NetEase, Inc (NASDAQ:NTES) stock is up on Tuesday after China approved 105 domestic games, including titles from NetEase and Tencent Holdings Ltd (OTC:TCEHY), following recent industry restrictions. The National Press and Publication Administration (NPPA) of China implemented new regulations last week, reminiscent of the 2021 tech sector crackdown. Despite this, NetEase's stock has gained over 20% year-to-date, outperforming the SPDR S&P 500 (NYSE:SPY).

Portfolio Pulse from Anusuya Lahiri

December 26, 2023 | 5:03 pm

WGO

DA Davidson has maintained a Neutral rating for Winnebago Industries (NYSE:WGO) but raised its price target from $60.00 to $64.00. Despite the increase in the price target, it still represents an 11.37% decrease from the current trading price of $72.21. Winnebago, known for manufacturing recreational vehicles, has seen significant growth and diversification, with towables comprising 79% of RV unit volume in fiscal 2023.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:00 pm

AMZN

GOOG

META

MSFT

SNAP

Amazon's Echo Frames and Meta's Ray-Ban Meta are the latest smart glasses targeting everyday consumers. Echo Frames, celebrating the 10th anniversary of Google Glass, focus on audio with a 14-hour battery life, customizable styles, and Alexa voice commands, priced at $270. Ray-Ban Meta emphasizes video capture and content consumption. Both products reflect the ongoing development in the smart glasses market, which has seen various successes and failures over the past decade.

Portfolio Pulse from Anusuya Lahiri

December 26, 2023 | 4:32 pm

AMD

INTC

NVDA

QQQ

SSNLF

TSM

AMD stock is trading higher despite production delays from suppliers Samsung and TSMC. Analysts predict a slight revenue decline for AMD in FY23. Analysts from Rosenblatt, Goldman Sachs, and B of A Securities remain bullish on AMD, citing its MI300 Data Center GPU and potential market share gains in server CPUs and the accelerator market. AMD's stock has seen a significant year-to-date increase, outperforming the Invesco QQQ Trust but trailing behind Nvidia's gains.

Portfolio Pulse from Anusuya Lahiri

December 26, 2023 | 4:28 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) delivered 63 additional Class 3 electric trucks to Randy Marion Automotive Group for $3.97 million, bringing the total delivered to 121 for $7.62 million. Mullen aims to deliver 150 Mullen THREEs by end of 2023, with Randy Marion committed to purchasing 1,000 vehicles for $63 million, mostly in 2024. Mullen also announced a 1-for-100 reverse stock split to comply with Nasdaq's $1.00 minimum bid price requirement. MULN shares dropped by 2.87% to $9.56.

Portfolio Pulse from Nabaparna Bhattacharya

December 26, 2023 | 4:21 pm

FDOC

MDGS

Medigus Ltd. (NASDAQ:MDGS) has initiated a wireless EV charging pilot through its subsidiary, Charging Robotics Ltd., which is operating under Fuel Doctor Holdings, Inc. (OTC:FDOC). The pilot, supported by funding from the Israel Innovation Authority, aims to address the need for automated parking systems with efficient EV solutions. The project began in August 2023 with an Israeli car park provider and received approximately $445,000 in funding. The wireless charging system is designed for automated parking and boasts over 93% efficiency. The Automated Parking System market is expected to grow to $5.2 billion by 2032. Medigus shares (MDGS) were trading lower by 1.45% at $3.77.

Portfolio Pulse from Akanksha Bakshi

December 26, 2023 | 4:08 pm

MLGO

MicroAlgo shares have risen following the announcement of a new Bitcoin trading prediction algorithm that utilizes machine learning and technical indicators.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 4:06 pm