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The Maine Secretary of State has ruled that former President Donald Trump is ineligible to appear on the 2024 ballot. This decision could have implications for Trump's political future and may influence investor sentiment regarding related assets.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 11:59 pm

AAPL

MSFT

NVDA

U.S. Congressman Pete Sessions purchased one share of NVIDIA Corporation (NASDAQ:NVDA) at $456 on Dec. 6, disclosed on Dec. 26. This follows his pattern of small stock purchases, particularly in tech and consumer staples. Sessions has sold stocks like Apple Inc (NASDAQ:AAPL) and Microsoft Corp (NASDAQ:MSFT) recently, while buying U.S. Treasury Bills and Nvidia shares throughout 2023. His actions are notable given his position on committees that could influence the chip sector, and the purchases may indicate a positive outlook for Nvidia despite its significant year-to-date increase.

Portfolio Pulse from Chris Katje

December 28, 2023 | 11:40 pm

ALRM

Alarm.com Holdings, Inc. (NASDAQ:ALRM) shares rose in after-hours trading following the announcement of a resolution to its litigation with Vivint, which includes a long-term intellectual property license agreement. The stock has seen over a 20% increase since early November, partly due to strong third-quarter earnings. After-hours, ALRM shares were up 1.98% at $64.46.

Portfolio Pulse from Ryan Gustafson

December 28, 2023 | 11:29 pm

GFI

Gold Fields Limited (NYSE:GFI) shares fell sharply by over 10.5% on Thursday after a period of price consolidation. The stock had previously benefited from positive sector trends due to Middle East tensions, a rise in gold and silver prices following a drop in the U.S. dollar from October CPI data, and the Fed's decision to leave rates unchanged in December. However, the recent downturn marks a significant pullback for the company's shares.

Portfolio Pulse from Ryan Gustafson

December 28, 2023 | 11:26 pm

BNBUSD

SOLUSD

Solana (CRYPTO: SOL) has experienced an 8% price drop, falling below $100 after a recent rally. The decline is attributed to profit booking by traders and a decrease in Total Value Locked (TVL) within the Solana ecosystem. A significant whale transaction and liquidation of leveraged long positions have also contributed to the price drop. Meanwhile, Binance Coin (CRYPTO: BNB) has seen a 19.9% increase over the past week and a 3.7% rise in the past 24 hours, reclaiming its position as the fourth-ranked crypto token.

Portfolio Pulse from Khyathi Dalal

December 28, 2023 | 11:20 pm

AMZN

CMCSA

NFLX

NKE

Former President Barack Obama shared his favorite movies of 2023, including three produced by his company Higher Ground and streamed on Netflix. The list features a mix of theatrical releases, streaming movies, and independent films. 'Leave the World Behind' on Netflix received notable attention. 'Oppenheimer' was the fourth highest-grossing movie domestically. Focus Features, a unit of Comcast, had three films on the list, while 'Barbie', the highest-grossing film, was absent.

Portfolio Pulse from Chris Katje

December 28, 2023 | 11:00 pm

AAPL

BITF

BTBT

MARA

TSLA

WULF

Bitcoin miner stocks, including Marathon Digital Holdings Inc (MARA), have seen a surge in trading volumes, surpassing those of major blue-chip companies like Tesla (TSLA) and Apple (AAPL). This increase is attributed to the anticipation of a spot Bitcoin ETF approval and the upcoming Bitcoin halving event in April 2024. Bitcoin miners are expanding operations, with Marathon Digital purchasing new mining sites and TerraWulf Inc (WULF) reporting a significant expansion. Bit Digital Inc (BTBT) and Bitfarms Ltd (BITF) also announced plans to increase their mining capacities. Bitcoin miners' revenue hit the highest level in 2023 on Dec. 28, according to Blockchain.com data.

Portfolio Pulse from Khyathi Dalal

December 28, 2023 | 10:35 pm

CBRL

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) experienced a decline in stock price on Thursday, following a recent high on Wednesday. The stock had previously seen a significant selloff after earnings in early December but had been trending higher throughout the month. The pullback of over 5% was also noted on Yahoo's Trending page. At market close, CBRL shares were down 4.90% at $78.93.

Portfolio Pulse from Ryan Gustafson

December 28, 2023 | 10:21 pm

ECX

ECARX Holdings Inc. (NASDAQ:ECX) stock rose by 11.2% after announcing a joint venture with smart for the development of intelligent automotive products. The collaboration aims to enhance technology, foster R&D through talent exchanges, and support global expansion. This partnership builds on their previous work on smart #1 and smart #3 models and the smartOS operating system.

Portfolio Pulse from Ryan Gustafson

December 28, 2023 | 10:17 pm

LINKUSD

Chainlink (LINK) has seen a significant interest from whales, with a 7 million LINK accumulation worth $105 million in the past week. An unknown wallet withdrew over 348,000 LINK from Binance, indicating active trading and potential re-accumulation. Analysts are bullish, with predictions of the price reaching $20. LINK's price increased by 7.9% over the past week and 11.4% over the past month, with a recent peak at $17.54. The number of LINK holders has also grown slightly.

Portfolio Pulse from Khyathi Dalal

December 28, 2023 | 10:12 pm