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WORX

SCWorx Corp. (WORX) shares have risen following the announcement of a definitive merger agreement with American Environmental Partners.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 2:13 pm

BCLI

Brainstorm Cell Therapeutics' stock is up following the announcement of granted patents for its Allogeneic Exosome Platform-Product, aimed at treating neurological disorders.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 2:07 pm

AAPL

MASI

The Biden Administration has upheld a U.S. trade tribunal's decision to ban imports of certain Apple Watch models. Apple has responded by filing an appeal to the U.S. Appeals Court to overturn the import ban.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 2:06 pm

AMD

INTC

NVDA

QQQ

SPY

SSNLF

TSM

Nvidia Corp (NVDA) is outperforming peers AMD and INTC, with expected FY23 revenue of $58.86 billion, a 118% increase year-on-year. However, production delays at key suppliers TSMC (TSM) and Samsung (SSNLF) in their Arizona and Texas plants may impact Nvidia. These plants may be delayed until after the 2024 U.S. presidential election. Additionally, a U.S. Department of Commerce survey in 2024 on legacy chip sourcing could pose risks for Nvidia's China market. Chinese companies are also developing AI products to circumvent U.S. technology embargoes. NVDA stock has gained over 241% year-to-date, outpacing gains by AMD, INTC, SPY, and QQQ.

Portfolio Pulse from Anusuya Lahiri

December 26, 2023 | 2:04 pm

AMD

INTC

NVDA

Nvidia Corp (NASDAQ:NVDA) has seen its stock more than triple in 2023, reaching $488.30 from $143.15. The company's market cap is now $1.2 trillion, with increased earnings and revenue. Nvidia's success is linked to high demand for its graphics cards used in AI training. Technical indicators are bullish, with the 50-day SMA crossing over the 100-day SMA. However, Nvidia's forward P/E of 39.70, while lower than peers AMD and Intel, is still high, and a bearish divergence in the OBV indicator suggests potential consolidation. Nvidia's 2024 guidance is optimistic, with expected growth in data center GPU shipments.

Portfolio Pulse from Surbhi Jain

December 26, 2023 | 2:02 pm

PSA

Public Storage (NYSE:PSA) has delivered an average annual return of 10.04% over the past 20 years, outperforming the market by 2.52% annually. A $1000 investment in PSA 20 years ago would be worth $6,771.14 today. The company's market capitalization stands at $52.39 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:00 pm

AXP

Over the past 15 years, American Express (NYSE:AXP) has produced an average annual return of 16.59%, outperforming the market by 4.9% on an annualized basis. A $1000 investment in AXP 15 years ago would be worth $10,308.33 today. American Express currently has a market capitalization of $135.22 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:00 pm

GRCL

HOLI

NVDA

SSYS

TSLA

USDT-USD

Sam Altman's Worldcoin outperformed Bitcoin and Ethereum during Christmas as technical indicators turned bullish. Tether issued $1B USDT on Ethereum's network. Solana surpassed $100 with increased network activity, and Dogecoin's growing addresses could signal a rally. Over 90,000 Bitcoin wallets are now worth $1M+. The SEC is in talks with major players regarding a Bitcoin ETF. US markets saw pre-market movement in stocks like Gracell Biotechnologies, Stratasys, and Hollysys Automation Technologies. The FBI is concerned about China's AI misuse for espionage. In tech, Nvidia is poised to become the biggest chipmaker by revenue, and Tesla's stock rebounded post-Christmas. An AI startup backed by LVMH can verify the authenticity of Louis Vuitton bags.

Portfolio Pulse from Akanksha Bakshi

December 26, 2023 | 1:55 pm

MIST

Milestone Pharmaceuticals' stock is trading lower following the FDA's Refusal to File letter for the New Drug Application of etripamil nasal spray, intended to treat paroxysmal supraventricular tachycardia.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 1:55 pm

AWIN

AERWINS Technologies' stock is trading higher following the announcement of a letter of intent to form a joint entity with Helicopter Technology, where AERWINS will hold a 70% stake and Helicopter Technology will hold 30%.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 1:50 pm