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SONY

App Store data indicates Meta Platforms Inc's Meta Quest app topped the 'Top Free Apps' on Christmas, suggesting high activations of Quest 3 headsets. Apple Inc is expected to launch Vision Pro in early 2024 with an estimated shipment of 500,000 units. Microsoft Corp's Xbox app and Sony Group Corp's PlayStation app also ranked high, indicating strong gaming interest. Amazon.com Inc's Alexa app ranked second, aligning with Amazon's report of record-breaking holiday sales. Meta and Amazon stocks saw slight increases.

Portfolio Pulse from Adam Eckert

December 26, 2023 | 5:29 pm

TUP

Tupperware Brands Corporation (NYSE:TUP) stock is experiencing an increase, trading higher by 25% over the past five days, likely due to the extension of the deadline for its turnaround plans. The company filed an amendment with the SEC to extend the deadline for two quarterly financial reports and its turnaround plan to February 2, with an update on efforts expected by January 19. The stock is trading above its 50-day moving average but below its 52-week high, with heavy trading volume and a significant short interest that may be contributing to the stock's recent rise.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 5:22 pm

ADEX

AZN

GRCL

IINN

MIST

ONCT

SSYS

U.S. stocks traded higher with the Dow Jones gaining over 100 points. Energy shares led the gains, while health care shares fell slightly. The S&P CoreLogic Case-Shiller 20-city home price index reported a 4.9% increase year-over-year in October. Gracell Biotechnologies surged 59% after AstraZeneca agreed to acquire it. Inspira Technologies rose 93% on positive blood sensor results. Stratasys gained 11% after a buyout proposal from Nano Dimension. Adit EdTech announced plans to de-list from NYSE American, causing its shares to drop 18%. Milestone Pharmaceuticals fell 34% after an FDA refusal to file letter. Oncternal Therapeutics dropped 12% after updating its Phase 1/2 study status.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 5:20 pm

DIS

DKNG

A sports bettor won nearly $500,000 on a $5 bet by correctly predicting 14 NFL players to score touchdowns in their Week 16 games. The bet was placed with DraftKings Inc (NASDAQ:DKNG) and included a mix of likely and unlikely scorers. The winning parlay had odds of +9,787,560. The news could increase interest in touchdown parlay bets for DraftKings and other sportsbooks. The final game that decided the bet was broadcasted on ABC and streamed on ESPN+, both owned by The Walt Disney Company (NYSE:DIS).

Portfolio Pulse from Chris Katje

December 26, 2023 | 5:17 pm

BROG

Brooge Energy's stock price is down following the announcement of a settlement with the SEC, which includes a $5 million penalty and an agreement to cease any future violations.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 5:15 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) shares have risen nearly 25% over the past five days, attributed to several factors. Citadel reported a 0.4% stake in the company in early December. Blink was also chosen as a full-service EV infrastructure provider for Mack Trucks, which may be contributing to the stock's performance. Additionally, Blink is experiencing increased retail investor interest due to its high short interest, being one of the top trending tickers on Yahoo Finance. The stock is trading on heavy volume, with over 20 million shares traded compared to its 100-day average volume of less than 4.4 million shares. At the time of publication, BLNK shares were up 13.9% at $4.09.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 5:15 pm

BROG

Brooge Energy has agreed to pay a $5 million civil penalty to settle charges by the SEC for alleged fraudulent accounting and offering conduct. The settlement includes an agreement to cease any future violations. Two former officers have also resolved related charges without admitting or denying the findings, according to an SEC filing.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 5:11 pm

NTES

TCEHY

Following a regulatory shake-up in China's gaming industry, several smaller gaming companies have announced share buybacks to reassure investors after a market downturn caused by proposed restrictions on online game incentives. The National Press and Publication Administration signaled a more flexible approach, approving 105 new game licenses, which may indicate government support for the industry. The market is now focused on the potential impact on Tencent Holdings Ltd (TCEHY) and NetEase Inc (NTES), which saw significant market value losses.

Portfolio Pulse from Franca Quarneti

December 26, 2023 | 5:11 pm

PARA

Paramount Global (NASDAQ:PARA) experienced a data breach in December 2022, affecting 82,128 individuals' sensitive financial details. The breach was discovered in August 2023 but only recently disclosed. The breach notification to Maine's attorney general did not specify the stolen information but indicated potential implications for employee data. National Amusements, owner of Paramount and CBS, faced a separate security incident in August involving customer personal data. The nature of the cyberattack and any ransom details remain undisclosed. PARA shares saw a slight increase of 0.27% to $15.04.

Portfolio Pulse from Anusuya Lahiri

December 26, 2023 | 5:09 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) stock has risen over 50% in the past five sessions, with a significant increase in trading volume. The company reported mining 403 Bitcoins in November, an 81.5% year-over-year increase. The stock's surge is also attributed to the ongoing Bitcoin rally and anticipation of a spot Bitcoin ETF approval. Bitdeer's stock is up more than 175% over the past month.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 5:07 pm