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WBD

Warner Bros. Discovery's (NASDAQ:WBD) new film 'Wonka' grossed $39 million in its opening weekend, leading the box office but falling short of the $56.2 million opening of the 2005 Johnny Depp film. Despite the lower opening compared to the 2005 film, 'Wonka' received an A- CinemaScore and an 83% Rotten Tomatoes rating. With a budget of $125 million, the film's December release and minimal competition in the coming weeks could lead to sustained performance during the holiday season.

Portfolio Pulse from Chris Katje

December 18, 2023 | 11:41 pm

NFLX

WBD

John Oliver criticized Elon Musk on his HBO show 'Last Week Tonight,' suggesting Musk could play various movie villains due to his controversial actions and demeanor. Oliver referenced Musk's influence on fictional characters in films like 'Glass Onion: A Knives Out Mystery' and 'Don't Look Up,' where characters resembling Musk were portrayed. The episode aired on Warner Bros. Discovery-owned HBO and also included Oliver's critique of Musk's management of his social media platform and the design of the Cybertruck.

Portfolio Pulse from Chris Katje

December 18, 2023 | 11:11 pm

MSFT

SONY

Swen Vincke, director of Baldur's Gate 3, explained the game's absence from Xbox Game Pass, emphasizing its value and complete experience without microtransactions. Larian Studios' independence was crucial for the game's development, allowing them to avoid external pressures and maintain the game's integrity. Concerns about Xbox Game Pass potentially diminishing game values are contrasted with Microsoft's claim that the service complements game sales. Sony's reluctance to release major games on PlayStation Plus also raises questions about the financial viability of such services.

Portfolio Pulse from Franca Quarneti

December 18, 2023 | 10:48 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is developing a wireless inductive home charger for its electric vehicles, as confirmed by Chief Designer Franz von Holzhausen. This move represents a shift from Tesla's focus on plug-in charging solutions to a technology that aligns with its autonomous driving vision, allowing vehicles to charge without human intervention. Speculation about Tesla's commitment to wireless charging was fueled by an earlier presentation image and the integration of staff from a wireless charging startup.

Portfolio Pulse from Benzinga EV Insights

December 18, 2023 | 9:58 pm

SOL-USD

USDC-USD

Circle has launched its euro-backed stablecoin, EURC, on the Solana blockchain, which is known for low-cost and fast transactions. This addition will facilitate global trading, borrowing, lending, and instant foreign exchange trading. Solana has seen a 22.5% gain in the past 30 days, contributing to a 260% surge over the last three months. EURC is also available on Avalanche, Ethereum, and Stellar blockchains. Circle's Mint will help businesses convert EUR to and from EURC smoothly, and EURC is expected to comply with the upcoming MiCA regulation in Europe.

Portfolio Pulse from Khyathi Dalal

December 18, 2023 | 9:48 pm

AMZN

Amazon's Twitch platform recently updated its content policies to allow certain forms of artistic nudity, including digital depictions like drawings and sculptures, if properly labeled. However, after facing backlash, Twitch CEO Dan Clancy announced a reversal of this policy change, now prohibiting all real and fictional nudity except in Mature-rated games. The reversal does not affect other policy changes related to exotic dancing, body painting, or content focused on clothed body parts.

Portfolio Pulse from Franca Quarneti

December 18, 2023 | 9:42 pm

LIDR

Continental has informed AEye of its intention to discontinue their joint lidar development program, including the HRL131 Lidar product line, as per an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 9:17 pm

BTCUSD

As 2023 ends, crypto industry leaders are optimistic about 2024, expecting significant developments like a Bitcoin ETF approval, the Bitcoin halving, and advancements in blockchain technology. Bitstamp's U.S. CEO Bobby Zagotta hopes for U.S. leadership in crypto and is excited about potential regulatory acts. Bakkt CEO Gavin Michael sees regulatory clarity as key to growth and stability. Beam CEO Andy Bromberg believes 2024 could mark mainstream crypto payments adoption. Eric Risley from Architect Partners anticipates strategic M&A in the crypto sector, driven by improved company fundamentals.

Portfolio Pulse from Murtuza Merchant

December 18, 2023 | 9:12 pm

CRM

Salesforce has entered into a definitive agreement to acquire Spiff, a leading sales commission software company. The financial terms of the deal have not been disclosed. This acquisition is expected to enhance Salesforce's product offerings and strengthen its position in the sales software market.

Portfolio Pulse from Bill Haddad

December 18, 2023 | 9:08 pm

ALGN

Align Technology, Inc. (NASDAQ:ALGN) shares have risen following two significant regulatory updates. Health Canada updated the medical device license for Align's Invisalign Palatal Expander System last week, leading to a 15% increase in share price. On Monday, the U.S. FDA cleared the product for U.S. commercial availability, further boosting the stock. Shares closed up 2.62% at $261.69.

Portfolio Pulse from Ryan Gustafson

December 18, 2023 | 9:06 pm