Latest news for Dividend Gwth Split (OTC:DDWWF) Stock

Dividend Growth Split Corp is a Canada-based mutual fund corporation. It invests in an equal-weighted portfolio comprised of large-capitalization Canadian equities that have a high dividend growth rate. Its investment objective of the company is to provide holders of preferred shares with fixed, cumulative, preferential quarterly cash distributions to return the original issue price to their holders and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in net asset value per Class A share. Its products include ETFs, Preferred shares, Split shares corps, and Other TSX traded funds.

DIVIDEND GROWTH SPLIT A by Dividend Growth Split Corp.

Dividend Growth Split Corp

Looking for the perfect gift this holiday season? You can&#8217;t go wrong with tech.
The Magnificent 7 companies—Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)—offer some of the best gadgets, accessories, and experiences.
So, this Christmas, whether you&#8217;re shopping for a techie, a gamer, or someone who just loves convenience, there's something for everyone.
Apple
Apple Watch Strap: Add some flair to an Apple Watch with a durable, comfy band. Available in multiple colors. The starting price is $49.
AirTag: Perfect for tracking keys, bags, or anything else you misplace. Compact and easy to use. Price: $29.
Amazon
Echo Dot (5th Gen): A smart speaker with Alexa to control devices, play music, and more. Compact and stylish. Price starting at $22.99.
Amazon Fire TV Stick 4K: Stream your favorite shows in 4K resolution. Supports 4K Ultra HD, Dolby Vision, HDR10+, and Dolby Atmos. Easy to set up and use.&nbsp;
See Also:&nbsp;<a data-google-interstitial="false" style="white-space: normal; box-sizing: border-box; border: 0px solid rgb(229, 231, 235); color: rgb(44, 162, 209); text-decoration: inherit; font-family: &quot;Helvetica Neue&quot;, Helvetica, OpenSans, Arial, sans-serif; font-size: 17.6px; font-variant-ligatures: normal; orphans: 2; widows: 2;" href="https://www.benzinga.com/tech/24/12/42378596/openais-chatgpt-makes-headway-in-search-threatening-googles-reign" target="_blank" rel="noopener"><span style="box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;">OpenAI&#8217;s ChatGPT Makes Headway In Search, Threatening Google&#8217;s Reign</a>
Alphabet
Chromecast with Google TV: A versatile streaming device that integrates various streaming services into a single user-friendly interface. Features a compact design that connects directly to the HDMI port of your TV and comes with a voice remote equipped with Google Assistant.&nbsp;
YouTube Premium Subscription: Enjoy ad-free videos, background play, and YouTube Music access. Priced at $13.99 per month.
Meta
Meta Quest 3 Elite Strap: For those who like to extend their virtual reality experience, this is a perfect gift. Addresses common discomfort issues by redistributing weight more evenly across the head, reducing pressure on the face and neck. Priced at $69.99.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Microsoft
Xbox Wireless Controller: The controller features a sleek, updated design with improved ergonomics, textured grips, and a hybrid D-pad for superior comfort and precision during gameplay. It offers compatibility with both Xbox Wireless and Bluetooth.
Microsoft Bluetooth Mouse: A simple, modern mouse that works with Windows and Mac can boost your productivity infinitely. Great for daily use.
Nvidia
GeForce NOW Priority Membership (One year): Stream top games with priority access and extended sessions. Users can stream games in up to 1440p resolution—an improvement from the previous 1080p—and enjoy support for ultrawide resolutions. A gamer's dream. Price: $9.99/month or $99.99/ year.
Tesla
Tesla Key Card: A handy backup or replacement key for Tesla owners. Makes life easier. Price: $40.
Tesla Wireless Portable Charger: A sleek, fast charger compatible with most smartphones. It offers magnetic, wireless charging and boasts a robust 5000mAh battery capacity. Perfect for on-the-go charging. Price: $95.
From sleek devices to powerful experiences, these gifts from the Magnificent 7 companies are sure to impress anyone on your list.
The best part? You can't go wrong with these trusted brands.
Happy shopping!
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41141844/after-googles-2-7b-acquisition-of-founders-and-staff-this-ai-startup-abandons-large-language-model-p" target="_blank" rel="noreferrer noopener">After Google's $2.7B Acquisition Of Founders And Staff, This AI Startup Abandons Large Language Model Plans And Shifts Focus Away From Chatbots</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

News

Tech

AAPL

AMZN

GOOG

GOOGL

MSFT

NVDA

TSLA

Tech, Toys, And Tesla: The Ultimate Santa Tech Wishlist From Magnificent 7 Companies

Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang has shared his thoughts on his company's relationship with Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and the remarks by President-elect Donald Trump.
What Happened: Earlier this month, during WIRED&#8217;s &#8220;The Big Interview&#8221; series, Huang was asked about Trump's accusation about Taiwan taking some of the chip business from the U.S. and its implications for Nvidia&#8217;s close partnership with TSMC.
In response, Huang highlighted the pivotal role of TSMC in the global tech supply chain, praising the company as an &#8220;extraordinary&#8221; innovator with strong leadership.
&#8220;If anything, TSMC as a company gets better and better every single year that we work with them so our relationship with TSMC is going to continue,&#8221; he stated.
See Also: <a href="https://www.benzinga.com/tech/24/12/42608964/samsung-one-ui-6-1-1-update-is-turning-this-galaxy-series-phones-into-paperweights-bricking-random-reboots-and-overheating-reported?itm_source=parsely-api">Samsung One UI 6.1.1 Update Is Turning This Galaxy Series Phones Into Paperweights: Bricking, Random Reboots And Overheating Reported</a>
The Nvidia CEO also confirmed reaching out to Trump to congratulate him and expressed Nvidia&#8217;s readiness to support the new administration.
He expressed confidence that the incoming administration would recognize the importance of AI and offered to provide any necessary support to help the administration succeed in this area.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Jensen Huang, Zach Snyder, Mira Murati &amp; More - The Big Interview Live 2024 &#x7C; WIRED" width="500" height="281" src="https://www.youtube.com/embed/CC6H2dBt5WE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Trump&#8217;s concerns about Taiwan&#8217;s semiconductor industry have been a recurring theme. In October, while appearing on the Joe Rogan podcast, Trump accused Taiwan of <a href="https://www.benzinga.com/government/24/10/41604100/trump-goes-after-taiwan-semiconductor-on-joe-rogan-podcast">undermining the U.S. chip industry</a> and criticized the U.S. CHIPS Act.
He pledged to impose tariffs on Taiwanese chips, which could significantly impact TSMC, a major supplier for companies like Nvidia and Apple Inc.
Despite Trump&#8217;s critical remarks, TSMC announced that its <a href="https://www.benzinga.com/government/regulations/24/11/41845483/taiwan-semiconductor-us-expansion-plans-unfazed-by-trump-win-report">U.S. expansion plans remain</a> unchanged. The company proceeded with a $65 billion investment in advanced semiconductor production facilities in Arizona.
TSMC also plans a significant global expansion, with a <a href="https://www.benzinga.com/government/regulations/24/11/42032114/taiwan-semiconductor-plans-major-global-expansion-sets-record-38-billion-investment-target">record $38 billion investment</a> target. The company aims to increase its production capacity by constructing several new semiconductor fabrication plants worldwide by 2025.
Nvidia and TSMC have partnered since 1995, with TSMC historically serving as the primary manufacturer of Nvidia&#8217;s high-performance GPUs.&nbsp;
In October, TSMC reported consolidated third-quarter revenue of NT$759.69 billion ($23.50 billion), reflecting a <a href="https://www.benzinga.com/news/earnings/24/10/41373163/nvidia-supplier-tsmc-reports-q3-revenue-earnings-beat-amid-rising-demand-for-ai-chips">39% year-over-year increase</a>.
Price Action: TSMC&#8217;s stock has increased by 103.22% year-to-date, while Nvidia&#8217;s stock has risen by 191.09% during the same period, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">data from Benzinga Pro</a>.
The latest analyst reports from Barclays and Needham set an average price target of $226.67 for TSMC, indicating a potential upside of 9.87%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/TSM/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/25061619/Screenshot-2024-12-25-at-4.46.11%E2%80%AFPM-1024x376.png" alt="" class="wp-image-706808" /></a></figure>
Meanwhile, reports from DA Davidson, Phillip Securities, and Truist Securities set an average price target of $154.67 for Nvidia, suggesting a potential upside of 10.65%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/NVDA/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/25061648/Screenshot-2024-12-25-at-4.46.39%E2%80%AFPM-1024x376.png" alt="" class="wp-image-706810" /></a></figure>
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42666738/how-apples-upcoming-smart-doorbell-compares-to-amazons-ring?itm_source=parsely-api">How Apple&#8217;s Upcoming Smart Doorbell Compares To Amazon&#8217;s Ring</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo by Sundry Photography on Shutterstock

Equities

Markets

Amid Donald Trump's Concerns About Taiwan's Rising Chip Business, Jensen Huang Praises TSMC For Its Unquestionable Innovation — Vows Nvidia's Support For The Incoming US Administration

Fraudsters in China are capitalizing on the popularity of the South Korean TV series &#8220;Squid Game&#8221; to exploit the financially vulnerable in a struggling economy, offering prize money, debt restructuring, and other deceptive schemes.
What Happened: Unlike the life-threatening challenges in the original series, the Chinese version&#8217;s &#8220;self-discipline&#8221; challenges do not pose a risk to participants&#8217; lives. However, some contestants in isolation challenges, who pay substantial fees to follow strict rules in the hope of winning up to 1 million yuan ($140,000), have been found to be victims of scams, reported Reuters on Wednesday.
These challenges, often promoted on Douyin (the Chinese version of TikTok), have gained popularity amid the country&#8217;s economic slowdown. The challenges come with a long list of rules, including strict time limits for toilet breaks and restrictions on the use of electronic devices.
See Also: <a href="https://www.benzinga.com/24/12/42609769/elon-musk-is-a-legendary-entrepreneur-but-also-a-bully-says-openai-ceo-sam-altman-now-its-me-its-been-bezos-gates-zuckerberg-lots-of-other-people?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk A Legendary Entrepreneur But Also A Bully, Says OpenAI CEO Sam Altman: ‘Now It's Me, It's Been Bezos, Gates, Zuckerberg, Lots Of Other People'</a>
Regulators have intervened in some cases, with a court in Shandong province ordering a challenge organizer to refund a player&#8217;s sign-up fees, ruling the contract as unfair and against public order and morals.
The National Financial Regulatory Administration (NFRA) has also warned the public about dubious debt relief claims. These claims are made by &#8220;debt intermediaries&#8221; who promise to help restructure debts or improve credit profiles for a high fee.
Why It Matters: The rise of such fraudulent schemes coincides with China&#8217;s economic slowdown. In 2024, the Chinese economy is expected to experience a more severe downturn, with no clear industry catalyst for recovery, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36422871/analyst-says-chinas-economic-downturn-to-deepen-in-2024-will-be-slower-than-2023">according to analysts.</a> This economic pressure has led to a surge in these deceptive practices, taking advantage of the financially distressed.
China&#8217;s economic challenges have also prompted policymakers to consider significant measures, such as <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42473889/china-eyes-yuan-devaluation-to-counter-trumps-tariffs-will-it-work">allowing the yuan to weaken</a> significantly in 2025 to counter the potential impact of a 60% tariff on Chinese imports by the United States. This potential devaluation, if implemented, could further exacerbate the economic strain on Chinese households, potentially increasing their vulnerability to such fraudulent schemes.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42666738/how-apples-upcoming-smart-doorbell-compares-to-amazons-ring?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">How Apple's Upcoming Smart Doorbell Compares To Amazon's Ring</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image via Shutterstock

General

China's 'Squid Game'-Inspired Scams Target Financially Distressed Amid Economic Slowdown

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is gearing up to launch the AirTag 2, featuring significant upgrades in range and safety.
Everything we know so far about Apple's upcoming item tracker:&nbsp;
Ultra Wideband Chip For Longer Range
One of the most anticipated upgrades for the AirTag 2 is the integration of Apple's second-generation Ultra Wideband (UWB) chip. This new chip, first seen in the iPhone 15 and Apple Watch Ultra 2, significantly <a href="https://www.benzinga.com/media/24/12/42501665/apples-2025-airtag-to-feature-iphone-15s-ultrawide-band-chip-for-smarter-longer-range-tracking-report">boosts the tracker's range</a>—potentially up to three times the distance of the first-generation AirTag.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Improved Safety Measures To Address Stalking Concerns
One rumored change involves the tracker's built-in speaker, which is expected to be more difficult to remove. This tweak could help address concerns about AirTags being used for unauthorized tracking or stalking.
See Also: <a href="https://www.benzinga.com/24/12/42609769/elon-musk-is-a-legendary-entrepreneur-but-also-a-bully-says-openai-ceo-sam-altman-now-its-me-its-been-bezos-gates-zuckerberg-lots-of-other-people?itm_source=parsely-api">Elon Musk A Legendary Entrepreneur But Also A Bully, Says OpenAI CEO Sam Altman: &#8216;Now It&#8217;s Me, It&#8217;s Been Bezos, Gates, Zuckerberg, Lots Of Other People&#8217;</a>
Better Integration With Apple Vision Pro
While specific details remain scarce, rumors suggest that the AirTag 2 will <a href="https://www.benzinga.com/news/24/05/38911822/upgraded-apple-airtag-with-advanced-chip-and-superior-location-tracking-set-for-2025-launch-says-mar">feature better compatibility</a> with Apple Vision Pro, the company's mixed-reality headset. This integration could unlock new possibilities for spatial tracking.
Design Consistency Overhaul Unlikely
Unlike some of Apple's other product updates, the AirTag 2 is not expected to undergo a major design overhaul. The current circular and compact form factor has proven effective, and Apple seems to be focusing on internal upgrades rather than aesthetic changes for its second-generation tracker.
Why It Matters: According to verified market research, the AirTag keychain market, valued at $0.6 billion in 2023, is anticipated to surge to $4.2 billion by 2030.
This reflects a compound annual growth rate of 35.19% from 2024 to 2030.
In January 2023, it was reported that Apple had sold over <a href="https://www.benzinga.com/news/23/01/30446236/apple-airtags-and-bluetooth-trackers-are-officially-a-billion-dollar-industry-heres-what-to-know-tre">$1 billion worth of AirTags</a>—approximately 55 million units—since its debut in April 2021.
Earlier this year, Apple was also hit with a lawsuit claiming that AirTags were being used by <a href="https://www.benzinga.com/news/24/03/37764878/apple-loses-motion-to-dismiss-lawsuit-claiming-airtags-are-weapon-of-stalkers-determination-cannot-b">stalkers for malicious purposes</a>.
However, AirTags have also <a href="https://www.benzinga.com/news/23/07/33226618/how-an-apple-airtag-led-to-the-capture-of-a-sneaky-thief">demonstrated their value</a> in numerous scenarios, including helping to recover stolen possessions. Last month, Cupertino also launched a new feature enabling users to <a href="https://www.benzinga.com/tech/24/11/41931360/apples-airtag-users-can-now-share-location-with-airlines-for-faster-recovery-of-lost-luggage">share the location</a> of lost items with third parties, like airlines, via the Find My app.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.&nbsp;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42666738/how-apples-upcoming-smart-doorbell-compares-to-amazons-ring?itm_source=parsely-api">How Apple&#8217;s Upcoming Smart Doorbell Compares To Amazon&#8217;s Ring</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo by Moma okgo on Shutterstock

What To Expect From Apple's AirTag 2: Ultra Wideband Boost, Enhanced Tracking, Safety Upgrades And More

U.S. financial markets will observe the Christmas holiday with modified trading hours, marking a brief pause in what has been an <a href="https://www.benzinga.com/markets/equities/24/12/42665923/is-stock-market-open-on-christmas-eve-2024-a-quick-guide-for-market-hours-banks-and-whats-closed-for-santa-claus">eventful year for Wall Street</a>.
The New York Stock Exchange and Nasdaq will remain fully closed on Wednesday, Dec. 25, for Christmas Day. The bond market will follow a similar schedule, with the Securities Industry and Financial Markets Association <a href="https://www.sifma.org/resources/general/holiday-schedule/">announcing</a> a 2 p.m. ET close on Christmas Eve.
The adjusted schedule affects a broad range of market participants, from institutional investors to retail traders. Regular trading will resume on Thursday, Dec. 26, giving market participants time to position themselves before the year&#8217;s final trading week.
Meanwhile, the SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) which tracks the S&amp;P 500 saw its year-to-date returns climb by 27.35%, while that of the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which represents the Nasdaq composite, rose by 29.41%.
While traditional markets pause, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), and other cryptocurrencies will continue trading non-stop on global exchanges, demonstrating the digital asset market&#8217;s unique 24/7 accessibility.
See Also: <a href="https://www.benzinga.com/news/24/12/42676790/mega-millions-jackpot-hits-1-billion-on-christmas-eve-amid-year-of-rare-wins">Christmas Eve Mega Millions: Jackpot Soars To Record $1 Billion In Year Of Rare Wins</a>
Looking ahead, investors should note that while stock markets will maintain regular hours on New Year&#8217;s Eve, the bond market will close early at 2 p.m. ET on Dec 31. All U.S. markets will be closed on Jan. 1, 2025, for New Year&#8217;s Day.
The holiday closures come as Asian markets maintain varying schedules. The Hong Kong Stock Exchange will operate abbreviated sessions around Christmas, while the Shanghai Stock Exchange and Tokyo Stock Exchange will continue normal operations during this period.
Major U.S. financial institutions, including Bank of America Corp, JPMorgan Chase &amp; Co, and Citigroup Inc., will close their branches on Christmas Day, aligning with the market holiday schedule.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/12/42676444/biden-harris-and-pope-francis-deliver-messages-of-hope-and-inclusion-on-christmas-eve-trump-promotes-his-new-book-as-hottest-gift">Biden, Harris, And Pope Francis Deliver Messages Of Hope And Inclusion On Christmas Eve, Trump Promotes His New Book As &#8216;Hottest Gift&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

$BTC

$DOGE

$ETH

Is Stock Market Open Or Closed On Christmas Day 2024? Here Is What You Can Trade Today

Tesla Inc. CEO Elon Musk has raised fresh concerns about MacKenzie Scott&#8216;s charitable donations, highlighting growing tensions over billionaire philanthropy and its societal impact.
What Happened: Responding to a social media post about Scott&#8217;s donations to liberal nonprofits, Musk offered a one-word critique: &#8220;Concerning.&#8221; The comment came after author John LeFevre highlighted Scott&#8217;s contributions to organizations focused on racial equity, social justice, and LGBTQ+ rights.
Scott, who received Amazon.com Inc. shares worth billions in her 2019 divorce from Jeff Bezos, has emerged as one of America&#8217;s most prolific philanthropists. Through her Yield Giving organization, she has donated over $19 billion to more than 2,450 nonprofits since 2019, while maintaining a net worth above $30 billion due to <a href="https://www.benzinga.com/tech/24/12/42568686/mackenzie-scotts-mission-driven-investing-pushes-back-against-wealth-concentration-amazon-stock-rich-philanthropist-pledges-2-billion-in-donations">Amazon&#8217;s stock performance</a>.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Concerning <a href="https://t.co/C11Lnm8XeH">https://t.co/C11Lnm8XeH</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1871163247593996349?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
This marks Musk&#8217;s latest criticism of Scott&#8217;s giving. In March, he suggested in a now-deleted post that &#8220;super rich ex-wives who hate their former spouse&#8221; could contribute to the decline of Western civilization. Shortly after his comment, Scott announced an additional $640 million in <a href="https://www.benzinga.com/news/24/03/37839087/shrugging-off-elon-musks-western-civilization-jab-jeff-bezoss-ex-wife-doubles-her-donation-efforts-t">donations to 361 organizations</a>.
See Also: <a href="https://www.benzinga.com/24/12/42676821/how-to-stream-the-nfl-christmas-gameday-live-on-netflix">How To Watch NFL Christmas Gameday Live On Netflix With Mariah Carey, Beyoncé And Epic Football Matchups</a>
What Happened: Scott recently <a href="https://www.benzinga.com/news/large-cap/24/11/42009316/jeff-bezos-ex-wife-mackenzie-scott-sells-more-amazon-shares">sold 11% of her Amazon holdings</a>, valued at over $8 billion, signaling a shift toward mission-aligned investments rather than traditional portfolio management. 
The debate over billionaire philanthropy has drawn in other prominent voices, including Melinda French Gates, who has publicly supported Scott&#8217;s rapid-giving approach while criticizing other tech billionaires, including Musk, for prioritizing public influence over charitable giving. 
In a recent New York Times interview, French Gates questioned whether certain tech leaders should even be called philanthropists, suggesting they use their platforms primarily to <a href="https://www.benzinga.com/personal-finance/24/08/40231450/melinda-french-gates-questions-philanthropy-of-musk-thiel-i-would-not-call-those-men-philanthrop">shape public opinion rather than contribute</a> meaningfully to charitable causes.
Her giving strategy contrasts sharply with other tech billionaires, including Musk, who has focused his <a href="https://www.benzinga.com/news/24/12/42640044/trump-fires-back-at-critics-and-denies-ceding-presidency-to-elon-musk-and-im-safe-he-wasnt-born-in-this-country">recent attention on political causes</a>, including substantial support for President-elect Donald Trump&#8216;s campaign.
Scott&#8217;s donations for 2024 include significant support for economic security initiatives and repeat grants to organizations like CAMFED, which supports girls&#8217; education in Africa, demonstrating her continued commitment to addressing systemic inequalities despite <a href="https://www.benzinga.com/tech/24/12/42568686/mackenzie-scotts-mission-driven-investing-pushes-back-against-wealth-concentration-amazon-stock-rich-philanthropist-pledges-2-billion-in-donations">criticism from fellow billionaires</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/12/42676608/will-amazon-dethrone-walmart-this-holiday-season-here-is-what-you-should-know">Will Amazon Dethrone Walmart This Holiday Season? Here Is What You Should Know</a></li>
</ul>
Image via Flickr
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Global

Elon Musk Calls Jeff Bezos' Ex-Wife MacKenzie Scott's $19 Billion Charitable Donations 'Concerning'

Nvidia Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CES 2025 keynote is set to be one of the biggest tech events of the year.
What Happened: The tech world is eagerly waiting for the commencement of CES 2025 and all eyes are on Nvidia CEO Jensen Huang's keynote.
When And Where To Watch
Huang will deliver Nvidia's keynote on Jan. 6, 2025, at 9:30 pm ET. The event will be live-streamed on YouTube and Nvidia's official website.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="NVIDIA CEO Jensen Huang Keynote at CES 2025" width="500" height="281" src="https://www.youtube.com/embed/k82RwXqZHY8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
See Also: <a href="https://www.benzinga.com/24/12/42609769/elon-musk-is-a-legendary-entrepreneur-but-also-a-bully-says-openai-ceo-sam-altman-now-its-me-its-been-bezos-gates-zuckerberg-lots-of-other-people?itm_source=parsely-api">Elon Musk A Legendary Entrepreneur But Also A Bully, Says OpenAI CEO Sam Altman: &#8216;Now It&#8217;s Me, It&#8217;s Been Bezos, Gates, Zuckerberg, Lots Of Other People&#8217;</a>
What To Expect
RTX 5000 Series GPU: Nvidia is <a href="https://www.benzinga.com/news/24/10/41227135/next-gen-nvidia-gpus-could-be-revealed-at-ces-2025-what-you-need-to-know">expected to unveil</a> its next-generation RTX 5000 series GPUs. These GPUs could redefine gaming and creative workflows with even greater performance and efficiency.
AI and Robotics Innovations: Huang will likely showcase Nvidia's advancements in AI and robotics. From AI-powered tools to next-gen robots, the keynote could highlight how Nvidia's chips are driving these fields.
Automotive Technology Updates: Nvidia's impact on autonomous vehicles will also reportedly take center stage.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: With a market cap exceeding $3.433 trillion, Nvidia currently is the second most valuable company in the world after Apple Inc.
Nvidia is at the heart of the AI revolution, powering companies like ChatGPT-parent OpenAI, Alphabet Inc., and Meta Platforms, Inc. with its advanced chips.&nbsp;
Year-to-date, Nvidia shares have increased by 191.09%, significantly outperforming NASDAQ 100 which is at 31.76%, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">data from Benzinga Pro</a>.
Price Action: Nvidia&#8217;s stock gained 0.39% on Tuesday, closing at $140.22. So far this year, the stock has climbed 191.09%. The latest analyst reports from DA Davidson, Phillip Securities, and Truist Securities set an average price target of $154.67, suggesting a potential upside of 10.65%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/NVDA/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/25033227/Screenshot-2024-12-25-at-2.02.21%E2%80%AFPM-1024x376.png" alt="" class="wp-image-706764" /></a></figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42608964/samsung-one-ui-6-1-1-update-is-turning-this-galaxy-series-phones-into-paperweights-bricking-random-reboots-and-overheating-reported?itm_source=parsely-api">Samsung One UI 6.1.1 Update Is Turning This Galaxy Series Phones Into Paperweights: Bricking, Random Reboots And Overheating Reported</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Nvidia CES 2025 Keynote: How To Watch Jensen Huang Unveil The RTX 5000 Series GPUs

U.S. Treasury yields could trade in the 4.75-5.00% range for much of 2025, according to Mohamed El-Erian, Chief Economic Advisor at Allianz, as markets digest the Federal Reserve&#8217;s <a href="https://www.benzinga.com/24/12/42564443/santa-came-early-with-rate-cut-but-federal-reserve-brings-coal-next-year-experts-weigh-in-on-rate-cut-feds-2025-p">revised rate outlook and end-of-year dynamics</a>.
What Happened: The benchmark 10-year Treasury yield touched 4.613% on Tuesday, its highest level since May 30, before settling at 4.594% in a holiday-shortened trading session. 
The recent yield movement follows the Federal Reserve&#8217;s December meeting, where officials reduced their projected interest rate cuts for 2025 from four to two.
&#8220;The yield on the 10-year U.S. government bond is flirting again with the 4.60% level,&#8221; El-Erian wrote on X, formerly Twitter, suggesting sustained pressure on government debt prices could persist well into next year.
Rising Treasury yields typically signal heightened concerns for stock investors as they can draw money away from equities into lower-risk fixed-income securities, compress stock valuations, and discourage consumer and business borrowing &#8211; all of which can impact economic growth and corporate profits.
This impact was evident in October when stocks tumbled as the 10-year yield breached 4% for the first time since August.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The yield on the 10 year US government bond is flirting again with the 4.60% level. It would not surprise me if this yield traded in the 4.75-5.00% range for a good part of 2025. <a href="https://twitter.com/hashtag/markets?src=hash&amp;ref_src=twsrc%5Etfw">#markets</a> <a href="https://twitter.com/hashtag/investing?src=hash&amp;ref_src=twsrc%5Etfw">#investing</a> <a href="https://twitter.com/hashtag/investors?src=hash&amp;ref_src=twsrc%5Etfw">#investors</a> <a href="https://t.co/b1Xi5EnBzj">pic.twitter.com/b1Xi5EnBzj</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1871315853280718925?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/24/12/42676432/cathie-woods-pre-christmas-sale-ark-invest-dumps-even-more-tesla-palantir-stock">Cathie Wood&#8217;s Pre-Christmas Sale: Ark Invest Dumps Even More Tesla, Palantir Stock</a>
Why It Matters: The yield outlook comes amid broader market optimism, with major U.S. stock indices advancing in what traders call the &#8220;Santa Claus rally&#8221; period. The S&amp;P 500, as tracked by SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) gained 1% on Tuesday, marking its third consecutive session of gains, while the tech-heavy Nasdaq 100 tracked by Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp; rose 1.3%.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) led the market surge with a 7.35% jump, its strongest single-day performance since November. Other notable gainers included Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) and Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), rising 2.4% and 2.5% respectively.
Historical data suggests the year-end rally could continue, with the S&amp;P 500 having posted gains in 64 of the past 96 years during the Dec. 24-31 period, <a href="https://www.benzinga.com/general/education/24/12/42675763/santa-rally-serial-winners-10-stocks-historically-poised-for-big-year-end-gains">averaging a 0.85% return</a>. The strongest Santa rally occurred in 2018 when the index surged 6.6%.
Financial markets will remain closed on <a href="https://www.benzinga.com/markets/equities/24/12/42665923/is-stock-market-open-on-christmas-eve-2024-a-quick-guide-for-market-hours-banks-and-whats-closed-for-santa-claus">Wednesday for the Christmas holiday</a>, with trading set to resume on Thursday.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42676821/how-to-stream-the-nfl-christmas-gameday-live-on-netflix">How To Watch NFL Christmas Gameday Live On Netflix With Mariah Carey, Beyoncé And Epic Football Matchups</a></li>
</ul>
Image via Pixabay
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Bonds

Economics

NFLX

Treasury Yields Could Hit 5% In 2025, Mohamed El-Erian Warns: Will Next Year Bring Head Winds For Surging Markets?

<h3>Companies Reporting Before The Bell</h3>
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Earnings Scheduled For December 25, 2024

Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) will be the global streaming platform for two marquee NFL games on Christmas Day, 2024. Here's everything you need to know about how to stream the matchups and star-studded performances:
What Happened: Netflix will be streaming two live games. Kansas City Chiefs vs. Pittsburgh Steelers (1 PM ET) and Baltimore Ravens vs. Houston Texans (4:30 PM ET).
Special Performances You Won't Want to Miss
Mariah Carey will kick off the day with a new pre-recorded rendition of her iconic holiday hit, "All I Want for Christmas Is You."
Before the Chiefs vs. Steelers game, the Voices of Service, a quartet of retired military veterans, will perform the national anthem.
Later, Grammy-winning a cappella group Pentatonix will take the stage for another powerful anthem performance.
During halftime, Beyoncé will debut live tracks from her highly anticipated "Cowboy Carter" album.
See Also: <a href="https://www.benzinga.com/tech/24/12/42641667/is-this-nancy-pelosis-stock-pick-set-to-overtake-nvidia-ai-chip-race-to-heat-up-by-2025-as-meta-and-microsoft-look-beyond-jensen-huangs-chip-maker-says-expert?itm_source=parsely-api">Is This Nancy Pelosi&#8217;s Stock Pick Set To Overtake Nvidia? AI Chip Race To Heat Up By 2025 As Meta And Microsoft Look Beyond Jensen Huang&#8217;s Chip Maker, Says Expert</a>
How To Stream NFL Christmas Gameday Live
Users will need to log into their Netflix account. These games are available across all Netflix plans, so no matter which subscription tier you're on, you're covered.
Log in to Netflix and tune in at the scheduled times to catch the action as it unfolds.
If you&#8217;re new to Netflix, you can easily subscribe and get started by visiting the Netflix website.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
How Long Will The NFL Christmas Gameday Be Available On Netflix
In the U.S., the NFL Christmas games will be available for three hours after the livestream ends. Outside the U.S., the games will remain available for 24 hours after the livestream wraps up.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42664762/after-investing-nearly-14-billion-in-openai-microsoft-reportedly-moves-to-reduce-its-dependence-on-chatgpt-parent?itm_source=parsely-api">Microsoft Invested Nearly $14 Billion In OpenAI But Now Its Reducing Its Dependence On The ChatGPT-Parent: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Entertainment

How To Watch NFL Christmas Gameday Live On Netflix With Mariah Carey, Beyoncé And Epic Football Matchups

Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) filed a lawsuit against San Francisco, accusing the city of overcharging the ride-hailing services company by $100 million in taxes from 2019 to 2023. 
Lyft argues that the city has misclassified the payments made by passengers to drivers as company revenue, which is not how Lyft operates, <a href="https://www.bloomberg.com/news/articles/2024-12-24/lyft-accuses-san-francisco-of-overcharging-100-million-in-taxes">reported</a> Bloomberg on Tuesday. 
According to the company, Lyft generates revenue through fees paid by the drivers, not passenger payments, aligning with the U.S. Securities and Exchange Commission&#8217;s treatment of driver compensation. 
The dispute highlights ongoing challenges within the gig economy, as companies like Lyft and Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) face scrutiny over their contractor models. Lyft seeks refunds, including penalties and interest, for the overcharged taxes.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42676432/cathie-woods-pre-christmas-sale-ark-invest-dumps-even-more-tesla-palantir-stock">Cathie Wood&#8217;s Pre-Christmas Sale: Ark Invest Dumps Even More Tesla, Palantir Stock</a></li>
</ul>
Image Via Shutterstock

LYFT

UBER

Lyft Sues San Francisco Over $100 Million Tax Bill, Says Payments To Drivers By Passengers Misclassified

The Mega Millions jackpot has reached $1 billion for Tuesday&#8217;s Christmas Eve drawing, marking only the seventh time in the game&#8217;s history that the prize has crossed the billion-dollar threshold.
What Happened: The winning numbers drawn on Dec. 24 are 38, 45, 14, 46, and 11, with a Mega Ball of 3 and a 3X Megaplier. The cash option stands at $448.8 million, representing the largest December prize in the game&#8217;s history.
The massive jackpot comes during what has been an unusually quiet year for lottery winners. Only three Mega Millions jackpots have been claimed in 2024, the lowest number of wins since the game&#8217;s inception.
The last winner emerged in Texas on Sep. 10, with 29 consecutive drawings passing without a grand prize winner.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42676374/rip-bitcoin-obituaries-declares-expert-death-notices-dwindle-as-top-crypto-gains-acceptance-from-politicians-billionaires">&#8216;RIP Bitcoin Obituaries,&#8217; Declares Expert — Death Notices Dwindle As Top Crypto Gains Acceptance From Politicians, Billionaires</a>
Why It Matters: The odds of winning <a href="https://www.benzinga.com/personal-finance/24/08/40663658/575-million-mega-millions-jackpot-heres-how-much-you-could-get-after-taxes-in-every-state">remain extraordinarily steep</a> at 1 in 302,575,350. For perspective, the probability of being struck by lightning or encountering a grizzly bear attack in Yellowstone National Park (1 in 3.5 million) is significantly higher.
History shows that massive <a href="https://www.benzinga.com/general/education/24/05/39005560/5-lottery-winners-who-wished-they-never-struck-the-jackpot">lottery wins can bring unexpected challenges</a>. Jack Whittaker, who won a $315 million Powerball jackpot on Christmas in 2002, faced numerous personal tragedies and legal disputes following his win. Abraham Shakespeare, who won $17 million in 2006, was murdered three years later by someone who befriended him after his win.
Mega Millions tickets, priced at $2 each, are available in 45 states, Washington, D.C., and the U.S. Virgin Islands. A win on Christmas Eve would mark only the second time in the game&#8217;s history that a jackpot has been claimed on Dec 24.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/12/42676444/biden-harris-and-pope-francis-deliver-messages-of-hope-and-inclusion-on-christmas-eve-trump-promotes-his-new-book-as-hottest-gift">Biden, Harris, And Pope Francis Deliver Messages Of Hope And Inclusion On Christmas Eve, Trump Promotes His New Book As &#8216;Hottest Gift&#8217;</a></li>
</ul>
Image Via FMT 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Christmas Eve Mega Millions: Jackpot Soars To Record $1 Billion In Year Of Rare Wins

On Tuesday, OpenAI CEO Sam Altman turned to the users to gather their suggestions on the company&#8217;s future projects and improvements for 2025.
What Happened: Altman&#8217;s query on X, formerly Twitter elicited a variety of responses.
While many of the suggestions were geared toward refining existing models, one recurring request stood out: significant upgrades to OpenAI's Sora <a href="https://www.benzinga.com/tech/24/12/42501018/marc-andreessen-praises-openais-sora-video-model-we-may-have-basically-just-solved-the-fundamental-challenge-of-robotics">video model</a>.
Previously, tech YouTuber, Marques Brownlee also reviewed that Google's Veo 2 AI video generator, owned by Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) surpasses OpenAI's Sora model.
In response to users, Altman has assured that many improvements to Sora are on the way.
See Also: <a href="https://www.benzinga.com/tech/24/12/42641667/is-this-nancy-pelosis-stock-pick-set-to-overtake-nvidia-ai-chip-race-to-heat-up-by-2025-as-meta-and-microsoft-look-beyond-jensen-huangs-chip-maker-says-expert?itm_source=parsely-api">Is This Nancy Pelosi&#8217;s Stock Pick Set To Overtake Nvidia? AI Chip Race To Heat Up By 2025 As Meta And Microsoft Look Beyond Jensen Huang&#8217;s Chip Maker, Says Expert</a>
Other highly requested features included a stronger 4o replacement, seamless integrations of GPT, reasoning models, and Sora into ChatGPT, and improvements in context length and knowledge updates.
Family accounts with parental controls also made the list, with one user suggesting the ability to create accounts for their children with certain restrictions. Altman responded favorably to this idea, acknowledging the need for a &#8220;grown-up mode.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">what would you like openai to build/fix in 2025?
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1871730475909419115?ref_src=twsrc%5Etfw">December 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Earlier this month, under the &#8220;<a href="https://www.benzinga.com/tech/24/12/42332451/sam-altman-teases-12-days-of-openai-christmas-magic-users-predict-unveiling-of-sora-o1-reasoning-model-and-more">12 Days of OpenAI</a>&#8221; event, the ChatGPT-maker made significant announcements.
The AI startup unveiled its next-generation reasoning model, o3, as the successor to o1, launched the ChatGPT Search <a href="https://www.benzinga.com/tech/24/12/42523020/chatgpt-search-goes-free-openai-challenges-googles-unbroken-search-dominance">engine for all users</a>, and rolled out a <a href="https://www.benzinga.com/tech/24/12/42356469/openai-unveils-200-chatgpt-pro-subscription-inside-the-o1-reasoning-model-and-what-it-means-for-power-users">$200/month</a> ChatGPT Pro subscription, among other things.
Meanwhile, it was reported that Microsoft Corporation is <a href="https://www.benzinga.com/24/12/42664762/after-investing-nearly-14-billion-in-openai-microsoft-reportedly-moves-to-reduce-its-dependence-on-chatgpt-parent">planning to reduce</a> its dependence on OpenAI despite having invested nearly $14 billion in the company.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42608964/samsung-one-ui-6-1-1-update-is-turning-this-galaxy-series-phones-into-paperweights-bricking-random-reboots-and-overheating-reported?itm_source=parsely-api">Samsung One UI 6.1.1 Update Is Turning This Galaxy Series Phones Into Paperweights: Bricking, Random Reboots And Overheating Reported</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

OpenAI CEO Sam Altman Crowdsources 2025 Goals — Sora Upgrades Top User Wishlist

As retail giants Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) enter the crucial holiday shopping season, their diverging growth trajectories and profitability models paint a compelling picture for <a href="https://www.benzinga.com/24/11/42148340/black-friday-cyber-monday-deals-on-wall-street-why-buying-walmart-or-amazon-before-the-holidays-might-backfire">investors watching the retail space</a>.
The fourth quarter, encompassing Black Friday, Cyber Monday, Thanksgiving, and Christmas shopping, traditionally represents the most critical period for retailers, often accounting for up to 40% of their annual sales. 
This extended shopping period, which kicks off with Black Friday deals and continues through post-Christmas clearances, has become increasingly competitive as consumers seek both in-store and online bargains, making it a crucial battleground for retail dominance.
Market data shows Amazon&#8217;s remarkable rise, with its $2.365 trillion market capitalization now dwarfing Walmart&#8217;s $740.99 billion. Both companies have delivered strong five-year returns to shareholders, with Amazon up 142.84% and Walmart closely trailing at 140.09%.
The upcoming fourth quarter could mark a historic shift in retail dynamics. According to Forrester analyst Jitender Miglani, Amazon&#8217;s quarterly revenues are projected to surpass Walmart&#8217;s for the first time in Q4 2024, with estimates of $186 billion compared to Walmart&#8217;s expected $180 billion.
<h4 class="wp-block-heading">December Stock Gains: A Five-Year Snapshot</h4>
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Year</th>
<th>Amazon (%)</th>
<th>Walmart (%)</th>
</tr>
</thead>
<tbody>
<tr>
<td>2019</td>
<td>-2.2</td>
<td>+0.5</td>
</tr>
<tr>
<td>2020</td>
<td>+2.8</td>
<td>+2.1</td>
</tr>
<tr>
<td>2021</td>
<td>-4.9</td>
<td>+1.1</td>
</tr>
<tr>
<td>2022</td>
<td>-0.5</td>
<td>-1.7</td>
</tr>
<tr>
<td>2023</td>
<td>+1.5</td>
<td>+0.7</td>
</tr>
</tbody>
</table>
</figure>
Historical Q4 Net Sales Performance (in billions of dollars):
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Year</th>
<th>Amazon Net Sales</th>
<th>Walmart Net Sales </th>
</tr>
</thead>
<tbody>
<tr>
<td>2019</td>
<td>87</td>
<td>137</td>
</tr>
<tr>
<td>2020</td>
<td>125</td>
<td>140</td>
</tr>
<tr>
<td>2021</td>
<td>137</td>
<td>151</td>
</tr>
<tr>
<td>2022</td>
<td>149</td>
<td>162</td>
</tr>
<tr>
<td>2023</td>
<td>170</td>
<td>171.91</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Statista</figcaption></figure>
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42628985/traders-fight-the-grinch-to-save-the-santa-rally-10-sp-500-stocks-poised-for-a-year-end-surge">Traders Fight The Grinch To Save The Santa Rally: 10 S&amp;P 500 Stocks Poised For A Year-End Surge</a>
Walmart has significantly expanded its digital presence to compete with Amazon&#8217;s online dominance. The company has invested heavily in its e-commerce infrastructure, including the launch of the Walmart+ membership program, expansion of online grocery delivery, and the development of its marketplace platform for third-party sellers. 
The profitability gap between the two retail giants continues to widen. Wall Street analysts project Amazon&#8217;s net income to reach $51 billion in 2024, with an 8% margin, while Walmart is expected to achieve $20 billion with a 3% margin in financial year 2025.
Looking ahead, Forrester forecasts the combined U.S. retail sales of Amazon and Walmart to reach $1.5 trillion by 2029, representing one-fourth of the total U.S. retail market. Their combined e-commerce sales are expected to capture two-thirds of total U.S. online retail sales, reaching $1.1 trillion.
Both companies remain significant employers, with Walmart leading at 2.1 million employees compared to Amazon&#8217;s 1.525 million. 
Read Next: <a href="https://www.benzinga.com/news/large-cap/24/12/42629219/fed-cuts-interest-rates-but-powell-spoils-santa-claus-rally-dollar-surges-to-over-2-year-high-bitcoin-sinks-below-100000-this-week-in-the-market">Fed Cuts Interest Rates, But Powell Spoils Santa Claus Rally; Dollar Surges To Over 2-Year High, Bitcoin Sinks Below $100,000: This Week In The Market</a>
Image via Unsplash
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Will Amazon Dethrone Walmart This Holiday Season? Here Is What You Should Know

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) intends to participate in the upcoming U.S. antitrust trial involving Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google.
What Happened: The move comes as Apple seeks to defend its billion-dollar revenue-sharing agreements with Google, a significant source of income for the tech giant, reported Reuters.
According to court documents filed in Washington on Monday, Apple has no plans to develop its own search engine to compete with Google, irrespective of the continuation of the payments.
Apple said, &#8220;Google can no longer adequately represent Apple's interests: Google must now defend against a broad effort to break up its business units.&#8221;
See Also: <a href="https://www.benzinga.com/tech/24/12/42665380/want-500-in-google-store-credit-heres-what-you-need-to-do?itm_source=parsely-api">Want $500 In Google Store Credit? Here&#8217;s What You Need To Do</a>
Apple is preparing to present witnesses at the trial, which is set for April.
The prosecution&#8217;s goal is to prove that <a href="https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly">Google needs to take several measures</a>, including selling its Chrome web browser and possibly its Android operating system, to reestablish competition in the online search market.
In 2022 alone, Apple&#8217;s agreement with Google brought in an <a href="https://www.benzinga.com/24/11/42083150/googles-20b-search-deal-with-apple-faces-collapse-after-antitrust-ruling-what-it-could-means-for-both-tech-giants">estimated $20 billion</a>.
Alphabet did not immediately respond to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga's</a> request for comments.
Why It Matters: On Dec. 20, Google responded to the proposed remedies in its search distribution case with the DOJ, focusing on <a href="https://www.benzinga.com/24/12/42646134/alphabet-defends-doj-case-new-buyback-likely-from-this-2025-top-pick">non-exclusivity and increased flexibility</a> to limit regulatory overreach.
Last year, Apple&#8217;s Eddy Cue justified the <a href="https://www.benzinga.com/news/23/09/34946635/apple-defends-its-19b-google-search-deal-even-as-it-laments-its-privacy-policies">billion-dollar deal with Google</a>, citing it as the best available option despite lamenting Google&#8217;s privacy policies.
Price Action: On Tuesday, Alphabet's Class A shares gained 0.76%, closing at $196.11, while Class C shares advanced 0.81%, ending at $197.57, as per <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>. Apple shares climbed 1.15% during regular trading hours, closing at $258.20, but dipped 0.039% in after-hours trading.
Photo Courtesy: Koshiro K On Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42666738/how-apples-upcoming-smart-doorbell-compares-to-amazons-ring?itm_source=parsely-api">How Apple&#8217;s Upcoming Smart Doorbell Compares To Amazon&#8217;s Ring</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Media

Google Can No Longer 'Adequately Represent' Apple's Interests — iPhone-Maker Seeks To Defend $20 Billion Search Deal In Landmark Antitrust Case

Wall Street experienced a <a href="https://www.benzinga.com/news/treasuries/24/12/42674886/santa-rally-kicks-off-on-wall-street-stocks-gain-tesla-soars-bitcoin-hits-98000">positive start to the Santa Rally season</a>, with all major indices and sectors closing higher in a shortened session ahead of the Christmas holiday. The S&amp;P 500 climbed 1.1%, marking its third consecutive session of gains following last week&#8217;s volatile Federal Reserve meeting. Meanwhile, the tech-heavy Nasdaq 100 gained 1.35%, nearly erasing last week&#8217;s losses. The Dow Jones Industrial Average ended the session higher by 0.9%.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Tesla Inc. surged 7.35% to close at $462.25, reaching an intraday high of $462.78 and a low of $435.14. The stock has a 52-week high of $488.54 and a low of $138.80. CEO Elon Musk stated that Tesla could <a href="https://www.benzinga.com/24/12/42667044/teslas-valuation-could-exceed-all-transport-companies-but-spacex-ceo-elon-musk">surpass the value</a> of all transport companies except SpaceX, provided there is a lot of work and good ideas.
Avinger Inc. soared 125.72% to $1.45, with an intraday high of $1.93 and a low of $1.01. The stock&#8217;s 52-week high is $5.45, and the low is $0.39. The company said last week that it had <a href="https://www.benzinga.com/24/12/42666807/why-carbon-revolution-shares-are-trading-higher-by-around-62-here-are-20-stocks-moving-premarket">received a Notice of Allowance</a> for a U.S. patent titled "Catheter Device With Detachable Distal End (For The Treatment Of Peripheral Artery Disease)."
Jet.AI Inc. jumped 79.24% to $6.13, hitting an intraday high of $9.99 and a low of $5.85. The stock&#8217;s 52-week high is $607.51, with a low of $3.29. The company launched &#8220;Ava,&#8221; an advanced AI model designed to <a href="https://www.benzinga.com/news/small-cap/24/12/42674451/why-is-jet-ai-stock-trading-over-100-on-tuesday">streamline private jet bookings</a>, which significantly boosted its stock.
Teva Pharmaceutical Industries Limited saw a modest increase of 0.95% to $22.42, with an intraday high of $22.50 and a low of $22.19. The stock&#8217;s 52-week high is $22.50, and the low is $10.34. Stanley Druckenmiller&#8217;s Duquesne Family Office <a href="https://www.benzinga.com/24/12/42668157/stanley-druckenmiller-offloads-streets-hottest-ai-stocks-heres-what-the-billionaire-investor-is-loading-up-on">increased its stake</a> in Teva Pharmaceutical by acquiring over 1.4 million shares in the third quarter.
Netflix Inc. rose 2.27% to $932.12, reaching an intraday high of $935.85 and a low of $911.70. The stock&#8217;s 52-week high is $941.75, with a low of $461.86. Netflix recently <a href="https://www.benzinga.com/24/12/42675098/netflix-takes-vmware-to-court-over-patent-infringement-claims">filed a lawsuit</a> against Broadcom&#8217;s subsidiary VMware over patent infringement, which could impact future operations.
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42639340/bernie-sanders-is-all-for-canada-becoming-the-51st-state-if-the-u-s-will-also-adopt-universal-healthcare?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bernie Sanders Is &#8216;All For&#8217; Canada Becoming The 51st State If The U.S. Will Also Adopt Universal Healthcare</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

AVGR

JTAI

TEVA

Tesla, Avinger, Jet.Ai, Teva, And Netflix: Why These 5 Stocks Are On Investors' Radars Ahead Of Christmas

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) needs to address a &#8220;critical safety issue&#8221; regarding its Full Self-Driving system&#8217;s ability to detect emergency vehicles, according to prominent investor Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management.
What Happened: In comments posted on X on Tuesday, Gerber noted that while FSD version 13.2.2 shows improvement over previous iterations, it falls short of full autonomy. He revealed that Tesla is developing audio detection capabilities to identify approaching emergency vehicles, addressing a key limitation in the current system that relies primarily on visual inputs.
&#8220;Tesla now working on adding hearing so it can know when an emergency vehicle is around. Yes humans use more than one sense to drive,&#8221; Gerber wrote, emphasizing the importance of multi-sensory detection in autonomous driving systems.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">FSD 13.2.2 is much improved over 12 but not level 5. Tesla now working on adding hearing so it can know when an emergency vehicle is around. Yes humans use more than one sense to drive… this is a critical safety issue that tesla needs to address! <a href="https://twitter.com/search?q=%24tsla&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$tsla</a>
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1871562958570164245?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The development comes as Tesla continues to expand its FSD capabilities. In early December, Tesla began rolling out FSD version 13, which company CEO Elon Musk claimed would enable drivers to travel five to ten times more miles <a href="https://www.benzinga.com/startups/24/09/40899899/tesla-switches-to-full-self-driving-supervised-for-new-cars-and-the-conspiracy-theories-are-already">autonomously before requiring intervention</a>.
Gerber, who also owns a Cybertruck, observed that the FSD performance in Tesla&#8217;s newest vehicle appears to lag behind other Tesla models. However, he praised Tesla&#8217;s overall software capabilities, noting they remain &#8220;amazingly better than any vehicle,&#8221; while acknowledging improvements from competitors like Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>).
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tesla adds more to the infotainment system and is giving a free trial to SiriusXM. So happy to have my dead channel back on the Cybertruck. Tesla software is amazingly better than any vehicle. Although rivian is improving nicely as well. <a href="https://twitter.com/search?q=%24tsla&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$tsla</a> <a href="https://twitter.com/search?q=%24rivn&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$rivn</a> <a href="https://twitter.com/search?q=%24siri&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$siri</a>
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1871563784772538422?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/treasuries/24/12/42674886/santa-rally-kicks-off-on-wall-street-stocks-gain-tesla-soars-bitcoin-hits-98000">Santa Rally Kicks Off On Wall Street: Stocks Gain, Tesla Soars, Bitcoin Hits $98,000</a>
What Happened: The comments come amid Tesla&#8217;s strong market performance, with the stock recently crossing the symbolic $420 level. Morgan Stanley analysts have named Tesla their top stock pick for 2025, citing the company&#8217;s <a href="https://www.benzinga.com/24/12/42452806/teslas-red-hot-stock-meets-meme-magic-420-level-musk-celebrates-the-prophecy-analysts-react">advancements in autonomy and robotics</a>.
Tesla plans to launch a ride-hailing service in Texas and California next year, subject to regulatory approval, though initial operations may require human drivers to <a href="https://www.benzinga.com/markets/equities/24/12/42642575/dan-ives-vs-gary-black-diverging-views-on-teslas-future-with-wedbush-analyst-bullish-on-robotaxis-and-optimus-while-the-future-fund-remains-cautious-on-earnings-growth">meet state requirements</a>.
Price Action: Tesla stock closed at $462.25 on Tuesday up 7.35%for the day. After-hours, it rose an additional 0.64%1. Year-to-date, the stock is up 86.08%, according to <a href="https://www.benzinga.com/pro/">Benzinga Pro data</a>.
Tesla has a <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">consensus price target</a> of $280.41 from 33 analysts, with a high of $515 and a low of $24.86. The latest ratings from Baird, Mizuho, and Goldman Sachs, averaging $446.67, imply a 3.99% downside.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24221331/Screenshot-2024-12-25-at-8.42.34%E2%80%AFAM-1024x379.png" alt="" class="wp-image-706644" style="width:672px;height:auto" /></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42671903/investors-aggressively-bought-stocks-etfs-despite-fed-volatile-week-bank-of-america-reveals-largest-inflows-since-2017">Investors Aggressively Bought Stocks, ETFs In Volatile Fed Week: Bank Of America Reveals Largest Inflows Since 2017</a></li>
</ul>
Image via Flickr
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

RIVN

Tesla Tackling 'Critical Safety Issue' In FSD With Audio Detection For Emergency Vehicles, Says Ross Gerber: 'Humans Use More Than One Sense To Drive'

On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) in less than four days.
What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin. He said, &#8220;Whales bought 270 million #Dogecoin&nbsp;$DOGE in the last 96&nbsp;hours!&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Whales bought 270 million <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> in the last 96 hours! <a href="https://t.co/b86lCyGDsr">pic.twitter.com/b86lCyGDsr</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1871651560540762452?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
At the price prevailing at the time of writing, the whale transactions amount to $91.8 million.
This revelation comes amidst a broader rally in altcoins, with Dogecoin gaining over 5% in the last 24 hours. The meme coin&#8217;s performance has been linked to <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42665334/will-dogecoin-hit-the-widely-anticipated-1-target-in-q1-2025-probably-not-but-musk-led-doge-could-hold-the-key">similar trends</a> observed in 2017 and 2021 by Ali, suggesting a potential &#8220;parabolic rally&#8221; in the future.
So far this year, DOGE has shot up a whopping 274% outperforming larger market cap coins such as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) which gained 132% and 53% in a similar period.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/24/12/42664692/bitcoin-flat-ethereum-dogecoin-spike-ahead-of-christmas-analyst-says-decline-in-btc-dominance-leaves-room-for-altcoins-to-pick-up?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin Flat, Ethereum, Dogecoin Spike Ahead Of Christmas: Analyst Says Decline In BTC Dominance Leaves &#8216;Room For Altcoins To Pick Up&#8217;</a>
Why It Matters: The cryptocurrency has been buoyant ever since Donald Trump won the 2024 presidential election and <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42640482/dogecoin-turns-green-as-trump-appoints-loyalist-katie-miller-to-the-department-of-government-efficiency">announced the appointment</a> of DOGE-bull Elon Musk as co-head of the Department of Government Efficiency — a proposed presidential advisory commission that shares its acronym with the meme coin.
The substantial purchase by whale investors indicates a renewed interest in Dogecoin, despite&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42645811/dogecoin-shiba-inu-could-underperform-stronger-cryptos-trader-warns-heres-why">warnings from traders</a>&nbsp;about the meme coin&#8217;s potential to underperform other trending cryptocurrencies.
However, Ali&#8217;s post and the subsequent whale activity could be a positive sign for Dogecoin. If history repeats itself, as the analyst suggests, Dogecoin could be in for a significant rally in 2025.
Price Action: At the time of writing Dogecoin rose 4.6% over 24 hours to trade at $0.34, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro.</a>
Read Next:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42635671/analyst-bullish-on-shiba-inu-sees-235-surge-despite-recent-fall?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall</a>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

DOGE

Dogecoin Whales Load Up Coins Worth $92 Million Over 4 Days As Meme King Outperforms Bitcoin, Ethereum In 2024

President Joe Biden, Vice President Kamala Harris, and spiritual leaders marked Christmas Eve 2024 with messages of hope, peace, and inclusion, while Pope Francis conducted a significant ceremonial opening of the Holy Door, marking the beginning of Jubilee 2025.
President Biden and First Lady Jill Biden expressed special recognition for military service members spending the holiday season away from their families. &#8220;Jill and I hold a special place in our hearts for the brave men and women in uniform who defend our nation,&#8221; Biden wrote on social media.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Jill and I hold a special place in our hearts for the brave men and women in uniform who defend our nation, many of whom are away from their families this holiday season. Wishing you and your loved ones a safe Christmas Eve. <a href="https://t.co/BRIxLcaWmY">pic.twitter.com/BRIxLcaWmY</a>
&mdash; Joe Biden (@JoeBiden) <a href="https://twitter.com/JoeBiden/status/1871595465424166950?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The President later shared updates from the North American Aerospace Defense Command&#8217;s Santa tracking system, maintaining a lighthearted holiday tradition while also extending broader seasonal wishes for &#8220;peace and light&#8221; to the nation.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Folks, I&#39;ve just received intel from the experts at <a href="https://twitter.com/NoradSanta?ref_src=twsrc%5Etfw">@NoradSanta</a> that Santa Claus is on his way! <a href="https://t.co/AMPnaT6qtx">pic.twitter.com/AMPnaT6qtx</a>
&mdash; President Biden (@POTUS) <a href="https://twitter.com/POTUS/status/1871715198542729614?ref_src=twsrc%5Etfw">December 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Vice President Harris took a community-focused approach to the holidays, hosting Washington, D.C. students at her residence. The event highlighted student-designed ornaments that Harris noted, &#8220;filled our home with holiday cheer.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We welcomed students from across Washington, D.C. to celebrate the holidays with us. The ornaments they designed have filled our home with holiday cheer. <a href="https://t.co/C4p5cN1Vq4">pic.twitter.com/C4p5cN1Vq4</a>
&mdash; Vice President Kamala Harris (@VP) <a href="https://twitter.com/VP/status/1871685411988250947?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
At the Vatican, Pope Francis marked Christmas Eve with the ceremonial opening of the Holy Door, a ritual symbolizing spiritual renewal and the commencement of Jubilee 2025. &#8220;Tonight, the door of hope has opened wide to the world,&#8221; the Pope stated, emphasizing that hope remains alive even in challenging times.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tonight, the door of hope has opened wide to the world. Tonight, God speaks to each of us and says: there is hope also for you! <a href="https://twitter.com/hashtag/Christmas?src=hash&amp;ref_src=twsrc%5Etfw">#Christmas</a> <a href="https://twitter.com/hashtag/Jubilee2025?src=hash&amp;ref_src=twsrc%5Etfw">#Jubilee2025</a> <a href="https://t.co/TbFHVU9cbl">pic.twitter.com/TbFHVU9cbl</a>
&mdash; Pope Francis (@Pontifex) <a href="https://twitter.com/Pontifex/status/1871662382482657446?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Pontiff&#8217;s Christmas message stressed active engagement with faith rather than passive waiting. &#8220;Christian hope is not a &#8216;happy ending&#8217; which we passively await, but rather, a promise, the Lord&#8217;s promise, to be welcomed here and now in our world of suffering and sighs,&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Christian hope is not a "happy ending" which we passively await, but rather, a promise, the Lord's promise, to be welcomed here and now in our world of suffering and sighs. <a href="https://twitter.com/hashtag/Christmas?src=hash&amp;ref_src=twsrc%5Etfw">#Christmas</a> <a href="https://twitter.com/hashtag/Jubilee2025?src=hash&amp;ref_src=twsrc%5Etfw">#Jubilee2025</a>
&mdash; Pope Francis (@Pontifex) <a href="https://twitter.com/Pontifex/status/1871662634170519798?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Tesla Inc. CEO Elon Musk shared holiday greetings through a repost featuring the company&#8217;s humanoid robot, Optimus, in a festive scene with its &#8220;older brother.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">They grow up so fast Merry Xmas from Optimus &amp; his older brother, Optimus <a href="https://t.co/R2oCey0WVC">pic.twitter.com/R2oCey0WVC</a>
&mdash; Tesla Optimus (@Tesla_Optimus) <a href="https://twitter.com/Tesla_Optimus/status/1871712134188720545?ref_src=twsrc%5Etfw">December 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
President-elect Donald Trump, while not posting direct Christmas wishes, had previously promoted his new book &#8220;SAVE AMERICA&#8221; as a Christmas gift option, saying &#8220;The hottest gift is my new book,&#8221; on Dec. 15.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Christmas is coming! The hottest gift is my new book, "SAVE AMERICA." No other book captures our Movement, our Campaign, and our FUTURE. Get your copy today! <a href="https://t.co/awtik9uN8p">https://t.co/awtik9uN8p</a> <a href="https://t.co/YdteHKrdJk">pic.twitter.com/YdteHKrdJk</a>
&mdash; Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1868085790485758308?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, Vice President-elect J.D. Vance shared a more personal moment, posting about baking family biscuits with his three-year-old child.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Baking some Vance family biscuits with the world's best three-year-old sous chef. Merry Christmas everyone! <a href="https://t.co/j5agMYJXGV">pic.twitter.com/j5agMYJXGV</a>
&mdash; JD Vance (@JDVance) <a href="https://twitter.com/JDVance/status/1871730366417109225?ref_src=twsrc%5Etfw">December 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
These varied Christmas messages from political, spiritual, and business leaders reflect different approaches to the holiday season, ranging from traditional religious observance to family-centered celebrations and public service recognition.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/treasuries/24/12/42674886/santa-rally-kicks-off-on-wall-street-stocks-gain-tesla-soars-bitcoin-hits-98000">Santa Rally Kicks Off On Wall Street: Stocks Gain, Tesla Soars, Bitcoin Hits $98,000</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Biden, Harris, And Pope Francis Deliver Messages Of Hope And Inclusion On Christmas Eve, Trump Promotes His New Book As 'Hottest Gift'

A day before Christmas, on Tuesday, Cathie Wood-led Ark Invest made significant adjustments to its portfolio, notably selling shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), and Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>). Notably, Ark has been <a href="https://www.benzinga.com/24/12/42664623/cathie-wood-led-ark-invests-monday-moves-dumps-tesla-palantir-stock-adds-amazon">shedding shares</a> of both Palantir and Tesla this week. Palantir shares have run up a whopping 397% so far this year, while Tesla has appreciated 86% in a similar period. 
The Tesla Trade
Ark Invest executed a notable transaction by selling 18,847 shares of Tesla Inc. through its ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>). This sale, valued at approximately $8.7 million based on Tesla&#8217;s closing price of $462.28, comes amid discussions surrounding Tesla&#8217;s future valuation. Elon Musk recently speculated that Tesla could <a href="https://www.benzinga.com/24/12/42667044/teslas-valuation-could-exceed-all-transport-companies-but-spacex-ceo-elon-musk">surpass the value of all transport companies</a> except SpaceX. Despite these ambitious projections, Tesla&#8217;s stock has been influenced by potential challenges, such as the possible cancellation of the $7,500 EV tax credit in the U.S., which could impact sales.
The Palantir Trade
Ark Invest also reduced its Palantir holdings, selling 42,293 shares from the ARKK fund. This transaction was valued at approximately $3.5 million, given Palantir&#8217;s closing price of $82.38. Palantir&#8217;s stock has been on a <a href="https://www.benzinga.com/24/12/42673408/palantir-stock-is-trading-at-all-time-highs-whats-going-on">remarkable upward trajectory</a>, reaching all-time highs. The company&#8217;s strong performance is largely attributed to its strategic positioning in the AI sector, with shares surging over 380% this year, driven by robust demand for AI solutions.
The Block Trade
In another strategic move, Ark Invest sold 23,962 shares of Block Inc. from the ARKK fund, amounting to about $2.2 million based on the closing price of $91.08. The Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)-focused company&#8217;s recent financial performance has been mixed, with its <a href="https://www.benzinga.com/news/earnings/24/11/41826457/block-shares-sink-after-mixed-q3-results-eps-beat-revenues-miss">third-quarter earnings</a> surpassing expectations but revenues falling short.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42619049/celebrities-like-ellen-degeneres-david-beckham-and-simon-cowell-have-turned-englands-idyllic-cotswolds-into-a-list-mecca?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Celebrities Like Ellen DeGeneres, David Beckham And Simon Cowell Have Turned England&#8217;s Idyllic Cotswolds</a>
Other Key Trades:
<ul>
<li>Sold 50,163 shares of Adaptive Biotechnologies Corp from ARKG.Bought 35,598 shares of CRISPR Therapeutics AG via ARKK and ARKG.</li>
<li>Bought 269,976 shares of GitLab Inc via ARKK.Bought 53,371 shares of 10X Genomics Inc for ARKK and ARKG.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42635671/analyst-bullish-on-shiba-inu-sees-235-surge-despite-recent-fall?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ARKK

PLTR

Cathie Wood's Pre-Christmas Sale: Ark Invest Dumps Even More Tesla, Palantir Stock

Dividend Growth Split Corp. Class A (TSE:DGS) has released an update. Brompton Funds has introduced risk ratings for the preferred shares of severa...

Brompton Funds Unveils Comparable Risk Ratings for Shares

Dividend Growth Split Corp. Class A (TSE:DGS) has released an update. Brompton Funds has announced scheduled distributions for several of its inves...

Brompton Funds Announces Upcoming Shareholder Distributions

Dividend Growth Split Corp. declares CAD 0.10 dividend

Dividend Growth Split Corp. Class A (TSE:DGS) has released an update. Dividend Growth Split Corp. announces the renewal of its at-the-market equity...

Dividend Growth Split Corp. Renews Equity Program

Dividend Growth Split Corp. Class A (TSE:DGS) has released an update. Brompton Funds has announced upcoming distributions for several funds, payabl...

Dividend Growth Split Corp. Class A (TSE:DGS) has released an update. Brompton Funds has announced distributions for several of its funds, with pay...

Comments

Dividend Gwth Split

News

Latest news for Dividend Gwth Split (OTC:DDWWF) Stock

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga