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AMZN

MSFT

X

Jim Cramer criticized FTC Chair Lina Khan's policies on CNBC's 'Mad Money', claiming they harm investor returns by opposing mergers and acquisitions. He cited the blocked merger between Nippon Steel and U.S. Steel as an example of undervaluation due to these policies. Cramer also mentioned potential mergers like Merck with Bristol-Meyers and Kraft Heinz with Hershey or General Mills, arguing they could increase competitiveness. He highlighted the FTC's attempts to stop Microsoft's acquisition of Activision-Blizzard and Amgen's purchase of Horizon Therapeutics, noting that only large companies can afford the litigation costs of acquisitions.

Portfolio Pulse from Benzinga Neuro

December 19, 2023 | 2:58 am

AMZN

MARA

NIO

TSLA

X

US Steel (X) shares surged 26.09% after being acquired by Nippon Steel for $14.1 billion. Marathon Digital (MARA) rose 8.69% amid a recovery in Bitcoin prices. Amazon (AMZN) gained 2.73% on potential sports media deals. NIO (NIO) increased 4.77% after a strategic investment from CYVN Holdings. Tesla (TSLA) slightly declined by 0.56% but is making strategic labor moves at its Nevada Gigafactory.

Portfolio Pulse from Benzinga Neuro

December 19, 2023 | 2:00 am

AAPL

MASI

Apple Inc. (AAPL) is facing a potential U.S. ban on its smartwatch products, which could impact its $17 billion smartwatch business. The International Trade Commission is set to enforce the ban on Dec. 25 over a patent infringement claim by Masimo Corp. (MASI) regarding blood oxygen level monitoring technology. Apple is attempting to modify the technology to comply with the ban and has begun preparing its stores for the change, including halting sales of certain models. Masimo insists that a software fix is not enough and hardware changes are necessary. The ban could significantly affect Apple's revenue and highlights the legal complexities in the tech industry.

Portfolio Pulse from Ananya Gairola

December 19, 2023 | 1:47 am

SONY

Sony Group Corp. is set to launch its new Alpha 9 III SLR camera in the U.S. on February 21. The camera features a 24.6-megapixel image sensor with a global shutter, capable of taking 120 shots per second with automatic focusing. It will be first released in Japan on January 26, priced at $6,190. The global shutter allows for clear snapshots of fast-moving subjects and is a first for mirrorless SLR cameras. Sony's camera sales are projected to surpass TV sales in the fiscal year ending March 2024.

Portfolio Pulse from Ananya Gairola

December 19, 2023 | 1:36 am

NEE

NextEra Energy Inc. (NYSE:NEE) stock opened at $63.54 on Dec. 14, showing a 2.98% increase in the early trading hours. The article discusses how to earn a monthly income from NextEra Energy's dividends, with an example of requiring an investment of approximately $369,231 to earn $1,000 per month based on the current dividend yield of 3.25%. It also explains the inverse correlation between stock price and dividend yield, using numerical examples to illustrate changes in yield with stock price fluctuations.

Portfolio Pulse from Chris Bibey

December 19, 2023 | 12:55 am

TSLA

Tesla Inc. (NASDAQ:TSLA) is increasing hourly wages at its Nevada Gigafactory, with raises between $2 to $8.30 per hour. The adjustments, termed as 'cost of living adjustments,' will reflect a 10% or more increase for most hourly workers starting in early January. This move is perceived as a strategy to mitigate potential unionization efforts among Tesla employees, in the wake of labor unrest and strikes affecting the auto industry, including actions by the United Auto Workers (UAW) union against major automakers.

Portfolio Pulse from Benzinga Neuro

December 19, 2023 | 12:36 am

AIG

American International Group Inc. (AIG) has shown significant growth since its last stock split on July 1, 2009, with its stock price rising from $18.08 to $65.99 as of December 4. This represents a 265% increase, turning a $1,000 investment into approximately $3,650. The article highlights AIG's resilience and the benefits of long-term strategic investments, suggesting that while the growth period has passed, future opportunities in alternative assets could yield substantial returns.

Portfolio Pulse from Chris Bibey

December 19, 2023 | 12:32 am

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

MT

X

Arcelor Mittal SA (NYSE:MT) shares rose nearly 7% on Monday, potentially due to an M&A deal between Nippon Steel Corp (OTC:NISTF) and United States Steel Corporation (NYSE:X). U.S. Steel's shares surged over 27% after Nippon Steel's announcement to acquire it for $55 per share in an all-cash transaction valued at $14.9 billion, including debt. The deal is expected to close in the second or third quarter of 2024, enhancing Nippon's manufacturing and technology capabilities and diversifying its global footprint. Arcelor Mittal's stock movement was accompanied by a trading volume of 5.56 million shares, significantly higher than its average of 2.06 million shares. Arcelor Mittal was also a bidder for U.S. Steel, reportedly ready to offer $45 per share.

Portfolio Pulse from Ryan Gustafson

December 18, 2023 | 10:53 pm

AVAXUSD

BTCUSD

ETCUSD

Avalanche (AVAX) is experiencing significant growth, with an 85% increase in the last month, outpacing Bitcoin (BTC) and Ethereum (ETC). The network's trading volume has risen by 21%, and a record number of tokens have been burned, valued at $16.7 million. New partnerships, such as with Masa for a ZK-data network, are also contributing to the positive outlook. However, technical indicators suggest a potential short-term price drop for AVAX.

Portfolio Pulse from Khyathi Dalal

December 18, 2023 | 10:35 pm