Streetbeat News

Security

ACN

GOOGL

Accenture and Google Cloud are advancing their strategic alliance to enhance solutions in generative AI and cybersecurity for enterprise clients. They are increasing investments to support businesses in scaling AI projects and securing operations.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:01 pm

IYG

MA

XLF

Mastercard has launched its Payment Passkey Service globally to enhance online shopping security by using tokenized transactions and biometric authentication. The service aims to reduce fraud and improve approval rates, initially piloted in India, and will expand globally. Mastercard's stock is accessible via ETFs like iShares U.S. Financial Services ETF (IYG) and Financial Select Sector SPDR Fund (XLF).

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 1:00 pm

FXI

SPY

U.S. National Security Adviser Jake Sullivan announced that leaders from the U.S. Indo-Pacific Command and the Chinese Southern Command will engage in talks. This development could influence geopolitical relations and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 10:18 am

MA

Mastercard has launched a new payment passkey service in India, which uses biometrics to enhance security and convenience for online transactions. This move aims to elevate security standards for both consumers and businesses.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:32 am

CRWD

Crowdstrike is actively assisting its customers in recovering from a cybersecurity incident that occurred on July 19th. The company is focused on mitigating the impact and ensuring customer security.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:06 pm

OKTA

Okta has raised its financial outlook for Q3 and FY25, expecting higher EPS and revenue than previously estimated. The company anticipates Q3 EPS of $0.57-$0.58 and revenue of $648M-$650M, and FY25 EPS of $2.58-$2.63 and revenue of $2.555B-$2.565B. Despite a challenging macro environment and a recent security incident, Okta projects strong growth and improved margins.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:03 pm

EWQ

VGK

Telegram's CEO, Pavel Durov, has been placed under formal investigation by French authorities following four days of questioning. This development could have implications for Telegram's operations and its perception in the market.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 7:46 pm

DKS

DICK'S Sporting Goods disclosed a cyberattack that exposed confidential data. The company has engaged cybersecurity experts and reported the breach to law enforcement. Operations remain unaffected, and the incident is not considered material.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 3:48 pm

SPY

The U.S. Labor Department experienced a technical glitch that delayed the release of key payroll data, leading to some individuals receiving the information before it was publicly available. The Bureau of Labor Statistics will implement new safeguards to ensure equal access to data in the future.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:18 pm

PDCO

Patterson Companies Inc. (NASDAQ:PDCO) reported a 2.2% decline in Q1 2025 net sales, missing Wall Street expectations. The shortfall was attributed to a cyberattack on Change Healthcare and timing of corporate expenses. Adjusted EPS also missed consensus, leading to a 9.11% drop in premarket stock price.

Portfolio Pulse from Vandana Singh

August 28, 2024 | 1:28 pm