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OpenAI's ChatGPT has been found to fall short of the EU's data accuracy standards, according to a report by the EU's privacy watchdog. The report highlights concerns about the probabilistic nature of the system and its potential to generate biased or fabricated outputs. This finding is significant as the EU has been implementing stringent AI regulations, impacting tech giants like Microsoft, Apple, and Amazon.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 2:26 pm

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USO

Israeli minister Benny Gantz spoke with U.S. Secretary of State Blinken regarding the ICJ ruling on Rafah, as reported by Axios' Barak Ravid.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 2:23 pm

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EMB

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Investors are increasingly worried about the impact of rising U.S. debt on the bond market, especially as the presidential election approaches. Concerns are growing that large fiscal deficits could overshadow an anticipated bond rally, affecting Treasury yields and bond ETFs like Vanguard Total Bond Market ETF (BND) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). Major indices like Invesco QQQ Trust (QQQ) and SPDR S&P 500 (SPY) are showing resilience despite these concerns.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 2:09 pm

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Airbus SE is showcasing its Optimate demonstrator vehicle at VivaTech to enhance airport safety through automated taxiing. The project aims to reduce ground collision risks and improve flight safety. The initiative involves collaboration with Ree Automotive Ltd and highlights the potential for automation in maneuvering large jets safely through crowded airports.

Portfolio Pulse from Shivani Kumaresan

May 24, 2024 | 2:06 pm

EIS

ISRA

Israel's Finance Minister Smotrich has responded to a World Court ruling, stating that demanding Israel to stop the war is equivalent to asking it to cease to exist. He emphasized that Israel will not agree to such demands.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:54 pm

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The iconic Japanese dog that inspired Dogecoin, Floki, and Shiba Inu has passed away at 18, causing a tumble in these cryptocurrencies. Janet Yellen acknowledges the rising cost of living amid persistent inflation. Bitcoin spot ETFs record $108M inflows, while Ethereum ETF potential remains uncertain. Ethereum is set for a 60% rally following ETF approval, according to an expert.

Portfolio Pulse from Akanksha Bakshi

May 24, 2024 | 1:54 pm

Boeing is collaborating with the union and the FAA to review employee safety reports. This initiative aims to address safety concerns and improve workplace conditions.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:35 pm

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SPY

The World Court has ordered Israel to stop military operations in Rafah, ensure access to Gaza for investigators, open the Rafah border for humanitarian aid, and report progress within a month. The court declared the humanitarian situation in Rafah as 'disastrous' and noted that current measures are insufficient.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:34 pm

SPY

The World Court has ordered Israel to ensure access to the Gaza Strip for investigators. This decision could have geopolitical implications and may affect market sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:32 pm

SPY

Federal Reserve Governor Christopher Waller stated that the real return on capital is not suitable for gauging the neutral rate. Instead, he suggested that the real 10-year Treasury yield is a good proxy for the neutral rate. Waller emphasized the need for humility when citing numerical values for the neutral rate.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:24 pm