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LTHM

Livent Corp (NYSE:LTHM) has acquired a minority stake in the parent company of ILiAD Technologies, a subsidiary of EnergySource Minerals. ILiAD Technologies specializes in direct lithium extraction technology. Livent will have rights to license ILiAD's technology for use in Argentina, with commercial utilization expected by 2025. Livent's stock (LTHM) is up 1.74% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

December 15, 2023 | 11:18 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has released a report indicating that its Powerwall, when combined with solar power, is more cost-effective than traditional backup generators. The report suggests that users could save approximately $20 per month on electricity bills, leading to the system being up to 20% less expensive over a 10-year period. Tesla has increased Powerwall production to meet demand and is now focusing on generating new demand. The Powerwall has been part of significant renewable energy initiatives in Texas and Puerto Rico, contributing to energy generation and grid support.

Portfolio Pulse from Benzinga Neuro

December 15, 2023 | 11:13 am

RKLB

Shares of Rocket Lab USA, Inc. (NASDAQ:RKLB) are up in premarket trading after the company's successful launch of its 42nd Electron rocket, marking its 10th launch this year and setting a new annual record. The Electron rocket has been the second most frequently launched U.S. rocket annually for five years. Rocket Lab also deployed a satellite for Japan's Institute for Q-shu Pioneers of Space, Inc. The satellite, TSUKUYOMI-I, will collect high-resolution Earth images. The stock rose by over 10% premarket on Friday.

Portfolio Pulse from Nabaparna Bhattacharya

December 15, 2023 | 10:30 am

TSLA

The Dutch Vehicle Authority (RDW) has confirmed that there is no planned recall for Tesla vehicles in Europe. This announcement comes amidst scrutiny and recalls in other regions, but for now, European Tesla owners can be assured that no such action is required by the RDW.

Portfolio Pulse from Charles Gross

December 15, 2023 | 10:03 am

AMZN

Jeff Bezos attributed his departure as CEO of Amazon to his desire to focus on Blue Origin, aiming to accelerate its progress. He envisions a future with 'trillion humans' living in space, facilitated by giant space stations. Bezos sees space as a domain with room for multiple winners, similar to the internet, and regards SpaceX as a potential successful player alongside Blue Origin.

Portfolio Pulse from Anan Ashraf

December 15, 2023 | 10:01 am

DIS

Disney (NYSE:DIS) is set to see the original 1928 'Steamboat Willie' version of Mickey Mouse enter the public domain in 2024, ending nearly a century of exclusive rights. Despite the potential loss, Disney's modern versions of Mickey Mouse remain copyrighted and trademarked, ensuring continued control over the character's most recognized forms. The expiration reflects the culmination of copyright laws that Disney once influenced to extend protections. The move has sparked discussions on Disney's copyright practices and could lead to new creative interpretations of the character.

Portfolio Pulse from Benzinga Neuro

December 15, 2023 | 9:46 am

HUIZ

Huize Holding Limited (NASDAQ:HUIZ), a digital insurance platform, has partnered with PICC Life Insurance to launch 'Darwin Critical Care No.8 – Advanced', a new critical illness insurance product in the 'Darwin Critical Care' series.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 9:03 am

GM

General Motors Co. (NYSE:GM) is laying off over 1,300 employees due to the end of production for the Chevrolet Camaro and Bolt at two Michigan plants. The Lake Orion plant will lay off 945 workers and retool for electric truck production, while the Lansing Grand River plant will lay off 369 workers but continue producing Cadillac models. The Bolt EV and EUV are GM's best-selling EVs, contributing significantly to last quarter's sales. GM withdrew its EV production targets during the third-quarter earnings call without setting new ones.

Portfolio Pulse from Anan Ashraf

December 15, 2023 | 8:21 am

RKLB

Rocket Lab successfully completed 10 launches of its Electron rocket within a year, deploying a satellite for a Japanese imaging company. This achievement demonstrates Rocket Lab's growing capabilities and reliability in the space launch market.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 7:44 am

SNY

The European Medicines Agency (EMA) has given a positive opinion to Fexinidazole Winthrop, developed by Sanofi, DNDi, and the HAT-r-ACC consortium, as the first oral treatment for the acute form of sleeping sickness (rhodesiense) in East and Southern Africa. This treatment is applicable for adults and children six years and older, weighing at least 20 kg. The CHMP's positive opinion is based on clinical trials in Malawi and Uganda and follows a previous positive opinion for the treatment of the T.b. gambiense form of sleeping sickness in 2018.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 7:37 am