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BTCUSD

A Grayscale Investments survey indicates 73% of Americans believe presidential candidates should understand AI and cryptocurrencies. Inflation concerns drive 26% towards digital assets, with 40% interested in Bitcoin regardless of their crypto knowledge. Gen Z and Millennials own more crypto than equities, viewing it as the future of finance. The survey suggests crypto is a non-partisan issue with differing views on its benefits to the economy. Democrats see it as a technology investment, while Republicans view it as a hedge against inflation. Cathie Wood mentioned Bitcoin as an election issue.

Portfolio Pulse from Khyathi Dalal

December 21, 2023 | 3:22 pm

NTDOY

SONY

Sony Group Corporation has acquired a 9.87% stake in Japanese mobile game developer Akatsuki, aiming to expand its mobile gaming reach globally. Additionally, Koei Tecmo, affiliated with Nintendo ADR, has partnered with Akatsuki, acquiring 7.97% of its shares to develop next-gen live-ops games for the global market. This follows Sony's partnership with NCSoft and comes as Microsoft plans to launch its mobile gaming store after acquiring Activision Blizzard King.

Portfolio Pulse from Franca Quarneti

December 21, 2023 | 3:16 pm

CRSR

EA

HEAR

OTGLY

RBLX

TTWO

UBSFF

Stifel Financial Corp.'s 2024 gaming report suggests a weaker lineup compared to 2023, with potential challenges in sales performance. The report forecasts a decline in consumer spending on new console and PC games, but identifies Take-Two Interactive (TTWO) and Electronic Arts (EA) as favorable prospects. Take-Two's GTA VI is expected to be a growth catalyst, while EA's live services contribute to net bookings. The report is neutral on CD PROJEKT (OTGLY) and Ubisoft (UBSFF), and sees opportunities in Corsair Gaming (CRSR), Turtle Beach (HEAR), and Roblox (RBLX) due to their market segments. The industry's software development costs and developer headcount show positive trends, but their impact may not be immediate.

Portfolio Pulse from Franca Quarneti

December 21, 2023 | 3:11 pm

MSFT

The next 'Call of Duty' game, codenamed 'Saturn' and referred to as Call of Duty 2025, is a semi-futuristic sequel to 'Call of Duty: Black Ops 2'. The game is in early development, with a release anticipated around 2030. It will feature new and remastered maps, an overhauled movement system, and the potential return of popular features from previous games. Microsoft's Activision Blizzard has shifted plans from initially including remastered maps from Black Ops 2 to a mix of new and remastered content. The game aims to balance novelty with nostalgia, building on the success of Black Ops 2.

Portfolio Pulse from Franca Quarneti

December 21, 2023 | 3:02 pm

JOBY

Joby Aviation Inc (NYSE:JOBY) stock is trading higher after the company announced the completion of air traffic simulations with NASA's Ames Research Center. The simulations tested the integration of up to 120 eVTOL operations per hour into current airspace using existing air traffic control tools and procedures. The tests, observed by FAA and National Air Traffic Controllers Association representatives, are a step towards the commercialization of air taxis. At the time of publication, JOBY shares had risen by 4.57% to $6.87.

Portfolio Pulse from Adam Eckert

December 21, 2023 | 2:51 pm

MULN

Mullen Automotive Inc (NASDAQ:MULN) delivered 38 additional Class 3 vehicles to Randy Marion Automotive Group, invoicing $2.5 million. Randy Marion has committed to ordering 1,000 vehicles for $63 million, with most deliveries expected in 2024. Mullen's CEO expressed confidence in meeting 2023 production volumes. Additionally, Mullen ONE received CARB certification, allowing sales in all 15 CARB states and D.C. Despite the news, MULN shares were down 6.37% at $7.49.

Portfolio Pulse from Adam Eckert

December 21, 2023 | 2:47 pm

MSFT

Jordan Peterson criticized Elon Musk's AI chatbot Grok for being 'woke', similar to OpenAI's ChatGPT. Peterson's comments were based on his experience using both AI tools for research. Musk responded by blaming the internet for Grok's wokeness and assured that Grok, which is in beta, will improve. Peterson expressed trust in Musk's approach, contrasting it with Microsoft-backed OpenAI. Musk has been a critic of 'woke' culture and promotes free speech.

Portfolio Pulse from Rounak Jain

December 21, 2023 | 2:40 pm

LUNA

Luna Innovations has acquired Silixa, expecting to generate approximately $30M in revenue for 2023, which indicates an annual growth of around 15%. The acquisition deal includes an upfront cash payment of $21.5M and up to $16.5M in additional payments contingent on achieving certain milestones by 2025. This acquisition enhances Luna's distributed fiber optic sensing solutions portfolio, opens up new growth markets and applications, and broadens its global presence.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:35 pm

CALT

Calliditas Therapeutics' stock is trading higher following the announcement of the FDA approval for TARPEYO, a treatment developed by the company.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:27 pm

EPOW

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) has been granted a Japanese patent for a lithium-ion battery anode material preparation method, enhancing efficiency and power. The patent, valid for 20 years, signifies technological leadership and may provide a competitive market advantage.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:27 pm