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Stock Prices

MSFT

Former Microsoft CEO Steve Ballmer is set to earn approximately $1 billion annually in dividends from his shares in Microsoft Corp (NASDAQ:MSFT). Ballmer, who owns about 4% of Microsoft, has seen his stake's value increase significantly due to a 56% surge in Microsoft's stock price this year. With Microsoft's recent 10% dividend increase to $3 per share, Ballmer's annual dividend income is expected to exceed $1 billion in 2024, assuming the company continues its pattern of yearly dividend increases.

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 7:11 am

NIO

TSLA

Nio Inc (NIO) highlighted the capabilities of its EL6 SUV, suggesting it's ideal for Santa Claus with its spacious trunk and long range. The company's Christmas post showcased the EL6 carrying a Christmas tree and gifts, emphasizing its festive utility. This was in response to Tesla Inc's (TSLA) similar Christmas post featuring the Cybertruck. While both vehicles can carry a Christmas tree, they differ in payload and towing capacities, and are not available in the same markets.

Portfolio Pulse from Anan Ashraf

December 26, 2023 | 6:49 am

BTC

ETH

WLD

Worldcoin (WLD) experienced a 10% surge over the past 24 hours, outperforming Bitcoin (BTC) and Ethereum (ETH) on Christmas Day. Technical analysis by Ali Martinez suggests a potential 80% rally for WLD, targeting a price of $6.30. Worldcoin has also scaled back its offline orb verification feature in India, with plans to relaunch in 2024. Technical indicators such as SMA, OBV, and RSI are showing bullish trends for WLD.

Portfolio Pulse from Mehab Qureshi

December 26, 2023 | 6:36 am

TSLA

Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA), responded positively to a Tesla fan's post about a potential $25K compact EV, calling it a 'Good design.' Although Tesla has not announced a timeline for this budget EV, the interaction has sparked discussions about its potential impact on the auto industry. Tesla's stock has been relatively stagnant since its gains earlier in the year, and the market is looking for a new catalyst, which could be this sub-$30,000 EV.

Portfolio Pulse from Shanthi Rexaline

December 26, 2023 | 6:30 am

HOLI

A consortium led by Dazheng Group has proposed an enhanced all-cash offer of $29 per share to acquire Hollysys, which is 9.4% higher than the competing bid from Ascendent Capital. The consortium's offer is backed by secured financing and they believe it represents a superior value for Hollysys shareholders. They are confident that the Hollysys Board will favor their proposal and are prepared to proceed with a merger agreement.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 6:28 am

AAPL

Apple Inc.'s first-generation mixed reality headset, Vision Pro, is expected to be released in early 2024, with a potential launch in late January or early February. Analyst Ming-Chi Kuo predicts a shipping volume of around 500,000 units for 2024. Positive user feedback could strengthen the market view of Vision Pro as a leading consumer electronics product, impacting related supply chain stock prices. Bloomberg's Mark Gurman corroborates the production timeline, and Apple is also developing more affordable models to broaden the product's appeal.

Portfolio Pulse from Ananya Gairola

December 26, 2023 | 6:23 am

NNDM

SSYS

Stratasys Ltd. has received an unsolicited preliminary acquisition proposal from Nano Dimension Ltd. at $16.50 per share in cash. Stratasys is currently undergoing a strategic review process to explore alternatives for maximizing shareholder value, which began on September 28, 2023. The Stratasys Board, with its advisors, will consider Nano Dimension's proposal as part of this review.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 5:59 am

DIS

An Illinois family mistakenly bought $10,000 worth of Disney+ gift cards instead of theme park tickets. The story, shared by Andie Coston on TikTok, went viral with over 3.1 million views. Initially, the gift cards could not be returned as the numbers were scratched off. However, Disney resolved the issue by converting the Disney+ gift cards into Disney Parks gift cards. The incident occurred during a challenging time for Disney, with CEO Bob Iger facing setbacks such as a drop in share prices and underperforming movies, as well as a public dispute with Elon Musk and potential streaming competition from a Warner Bros. Discovery Inc. and Paramount Global merger.

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 5:41 am

ARKF

ARKK

ARKW

COIN

SHOP

YAHOY

Cathie Wood's Ark Invest has resumed investing in LY Corp (OTC:YAHOY), the operator of Yahoo! Japan, after a hiatus of over a year. Ark Fintech Innovation ETF (NYSE:ARKF) purchased approximately 1.71 million shares of LY Corp. Despite a recent data breach, LY Corp's stock has been rising due to strong quarterly results. ARKF's primary holdings include Coinbase (NASDAQ:COIN), Block Inc (NYSE:SQ), and Shopify Inc (NYSE:SHOP). Ark Invest also sold Coinbase shares and bought Tesla shares through ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW), signaling a strategic shift by Wood amidst market volatility.

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 5:20 am

BBJP

DXJ

EWJ

The Bank of Japan's Core Consumer Price Index (CPI) rose by 2.7% year-over-year, which is lower than the estimated 3.0% and equal to the prior figure of 3.0%. This indicates a slowdown in inflation compared to expectations.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 5:19 am