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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

AFL

TRUP

Aflac Incorporated and Trupanion have reaffirmed their commitment to their strategic alliance in the North American pet insurance market. Since November 2020, the companies have been collaborating to offer pet medical insurance products at U.S. worksites, recognizing the importance of pets in families and the need for solutions to manage veterinary costs. They have decided to focus on the North American market after testing the alliance in Japan and choosing to withdraw from development there due to the larger opportunity in North America.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 7:29 am

GOOG

GOOGL

Google plans to test a new 'Tracking Protection' feature in Chrome that limits the use of tracking cookies by advertisers starting January 2024. This feature will initially affect 1% of Chrome users globally. The move is part of Google's broader initiative to phase out third-party cookies by the second half of 2024, which has raised concerns among advertisers about data collection for ad personalization. BofA Global Research notes that media agencies with large-scale proprietary insights may benefit from this change.

Portfolio Pulse from Benzinga Neuro

December 15, 2023 | 7:02 am

LTHM

Livent Corporation has taken a minority stake in ILiAD Technologies to enhance its position in direct lithium extraction processes. This strategic investment aims to strengthen Livent's leadership in the lithium industry.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:46 am

GM

TSLA

GM CEO Mary Barra acknowledged Tesla's significant contribution to the EV market but anticipates changes in market dynamics as competition increases. Barra envisions a future with all vehicles being emissions-free, either electric or hydrogen fuel cells, within 25 years. Despite GM being the largest U.S. auto seller, its EV sales remain a small fraction of its total sales, while Tesla sold over 435,000 EVs globally in Q3. GM withdrew its EV production targets during its Q3 earnings call without setting new ones.

Portfolio Pulse from Anan Ashraf

December 15, 2023 | 6:27 am

BTCUSD

Bitcoin's price surged past $44,000, driven by optimism around potential Bitcoin spot ETFs and positive sentiment from politicians and institutions. Eli Taranto of EQITrade discussed the growing acceptance of Bitcoin, the role of CBDCs in finance, and reflected on Cathie Wood's prediction of BTC reaching $1 million, suggesting a $500,000 target is possible. Presidential candidates are increasingly discussing crypto, indicating its integration into the global economy. BTC was trading at $42,784 at the time of the article.

Portfolio Pulse from Mehab Qureshi

December 15, 2023 | 5:52 am