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WLD

Worldcoin (WLD) experienced a 10% surge over the past 24 hours, outperforming Bitcoin (BTC) and Ethereum (ETH) on Christmas Day. Technical analysis by Ali Martinez suggests a potential 80% rally for WLD, targeting a price of $6.30. Worldcoin has also scaled back its offline orb verification feature in India, with plans to relaunch in 2024. Technical indicators such as SMA, OBV, and RSI are showing bullish trends for WLD.

Portfolio Pulse from Mehab Qureshi

December 26, 2023 | 6:36 am

TSLA

Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA), responded positively to a Tesla fan's post about a potential $25K compact EV, calling it a 'Good design.' Although Tesla has not announced a timeline for this budget EV, the interaction has sparked discussions about its potential impact on the auto industry. Tesla's stock has been relatively stagnant since its gains earlier in the year, and the market is looking for a new catalyst, which could be this sub-$30,000 EV.

Portfolio Pulse from Shanthi Rexaline

December 26, 2023 | 6:30 am

AAPL

Apple Inc.'s first-generation mixed reality headset, Vision Pro, is expected to be released in early 2024, with a potential launch in late January or early February. Analyst Ming-Chi Kuo predicts a shipping volume of around 500,000 units for 2024. Positive user feedback could strengthen the market view of Vision Pro as a leading consumer electronics product, impacting related supply chain stock prices. Bloomberg's Mark Gurman corroborates the production timeline, and Apple is also developing more affordable models to broaden the product's appeal.

Portfolio Pulse from Ananya Gairola

December 26, 2023 | 6:23 am

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In Atlantic City, N.J., Catholic nuns' efforts to prevent a cannabis dispensary from opening near their convent were unsuccessful as city officials approved the business. The city aims to become the East Coast hub for cannabis, with Mayor Marty Small Sr. and cannabis czar Kashawn McKinley leading the initiative. The Franciscan Sisters of the Renewal Convent raised concerns about the dispensary's impact on their educational and sobriety programs. Despite opposition from religious groups, the city's cannabis industry is expanding, with several multi-state operators including Acreage Holdings, Ascend Wellness, AYR Wellness, Curaleaf, Green Thumb, Columbia Care, TerrAscend, and Verano Holdings.

Portfolio Pulse from Maureen Meehan

December 26, 2023 | 6:16 am

DIS

An Illinois family mistakenly bought $10,000 worth of Disney+ gift cards instead of theme park tickets. The story, shared by Andie Coston on TikTok, went viral with over 3.1 million views. Initially, the gift cards could not be returned as the numbers were scratched off. However, Disney resolved the issue by converting the Disney+ gift cards into Disney Parks gift cards. The incident occurred during a challenging time for Disney, with CEO Bob Iger facing setbacks such as a drop in share prices and underperforming movies, as well as a public dispute with Elon Musk and potential streaming competition from a Warner Bros. Discovery Inc. and Paramount Global merger.

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 5:41 am

TSLA

Tesla Inc (NASDAQ:TSLA) celebrated Christmas by showcasing its Cybertruck adorned with fairy lights and a Christmas tree in the trunk. The festive post on X (formerly Twitter) coincides with Tesla's annual 'holiday update' for its vehicles, which this year includes a trip planner, Apple podcasts, and automatic 911 calls. Additionally, Tesla responded to user feedback by providing an option to turn off auto wipers during the use of its full self-driving or autopilot features.

Portfolio Pulse from Anan Ashraf

December 26, 2023 | 2:38 am

BTCUSD

DOGEUSD

SHIBUSD

Cryptocurrency analyst Ali Martinez has observed an increase in new Dogecoin (DOGE) addresses, suggesting a potential rally for the meme-based cryptocurrency. Martinez also noted a significant withdrawal of Shiba Inu (SHIB) from exchange wallets and provided a key support level for Bitcoin (BTC) that could indicate future price movements.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 7:54 pm

META

Adam Mosseri, head of Meta Platforms Inc.'s Instagram, observed that users are sharing content differently, favoring stories and direct messages over traditional feed posts. This trend echoes observations made by Elon Musk regarding X (formerly Twitter), where video views have doubled. Mosseri also noted that most Instagram users prefer Android devices and mentioned the expansion of Threads to the EU, which has reached 100 million users. The expansion comes as some advertisers have paused ads on X.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 6:25 pm

ETHUSD

On Sunday, 4,548.49 Ether (ETH) valued at approximately $10.37 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to drop to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -3.47% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 6:00 pm

SHIBUSD

Shiba Inu's (CRYPTO: SHIB) burn rate has spiked over 5000% in the past 24 hours with 53 million SHIB tokens removed from circulation. Two anonymous addresses burned 50 million SHIB in two transactions. SHIB whales have been active, with 47 large transactions noted. Since October, over 30,000 new non-zero SHIB addresses have been created, indicating increased engagement. Analyst Ali Martinez reported a withdrawal of over 8 trillion SHIB from exchange wallets since November. SHIB is currently trading at $0.000010, down 0.24%.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 4:08 pm