U.S. Intelligence Official Says U.S. Adversaries Targeting Election Are Outsourcing Influence Operations Using Contractors; Russia Is Using Russia-Based Influence-For-Hire Firms To Shape Public Opinion In The U.S.; Chinese Government Entities Using China-Based Technology Company To Enhance Covert Influence Operations In The U.S.; Chinese Government Probably Not Planning To Influence U.S. Election Outcome, But Using Social Media To Sow Divisions In U.S.
Portfolio Pulse from Benzinga Newsdesk
U.S. intelligence officials report that adversaries like Russia and China are outsourcing influence operations to contractors to shape public opinion in the U.S. Russia is using Russia-based firms, while China is leveraging a China-based technology company to enhance covert operations. Although China is not planning to influence the U.S. election outcome, it is using social media to sow divisions.
July 29, 2024 | 3:22 pm
News sentiment analysis
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NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) may experience short-term volatility due to concerns over foreign influence operations targeting U.S. public opinion and potential regulatory responses.
The news of foreign influence operations could lead to market uncertainty and potential regulatory actions, impacting investor sentiment and causing short-term volatility in SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) might face short-term pressure due to concerns over Russia's influence operations and potential geopolitical tensions.
Geopolitical tensions arising from Russia's influence operations could negatively impact European markets, leading to short-term pressure on VGK.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 40