Streetbeat News

Security

DJT

SPY

U.S. intelligence has received information about an Iranian plot to assassinate former President Donald Trump. There is no known connection to the recent shooting at a rally. The news could impact market sentiment, particularly affecting assets like DJT and SPY.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:09 pm

ZM

Zoom Video Communications Inc (NASDAQ:ZM) experienced a meteoric rise during the COVID-19 pandemic, with its stock value increasing by almost 900% in a year. However, security issues and misrepresentation of encryption practices led to a significant decline in stock value and a class-action lawsuit. In October 2023, Zoom settled the lawsuit by agreeing to pay $150M to affected investors. Despite improvements in security, Zoom faces stiff competition from Microsoft Teams and Google Meet.

Portfolio Pulse from Stan Vick

July 16, 2024 | 5:58 pm

SPY

The U.S. State Department has acknowledged reports of the deaths of two U.S. citizens in Thailand.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:41 pm

SPY

The Biden campaign is set to resume advertising after a temporary suspension following an assassination attempt on former President Trump, according to Reuters sources.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 4:40 pm

IYT

JETS

LUV

A Southwest Airlines flight took off from a closed runway in June, prompting investigations by the NTSB and FAA. The crew missed a crucial notice about the runway closure. Despite the incident, the flight landed safely. Southwest Airlines is cooperating with the investigation to prevent future occurrences.

Portfolio Pulse from Shivani Kumaresan

July 16, 2024 | 3:20 pm

AFRM

VB

VTI

Affirm Holdings Inc (NASDAQ:AFRM) faces new regulatory changes as the CFPB plans to extend credit card protections to the BNPL industry. The new rules, effective July 30, require BNPL firms to offer dispute resolution, refunds for canceled purchases, and regular billing statements. A trade group representing BNPL companies, including Affirm, has requested a delay in implementing the rule. Affirm has also faced challenges this year, including a cybersecurity breach. Investors can gain exposure to Affirm through Vanguard Small-Cap ETF (NYSE:VB) and Vanguard Total Stock Market ETF (NYSE:VTI).

Portfolio Pulse from Anusuya Lahiri

July 16, 2024 | 1:51 pm

ASML

The Eindhoven University of Technology, a key talent source for ASML Holding NV, is under scrutiny from the U.S. due to its large number of Chinese students amid the U.S.-China chip war. The Dutch government is pressured to curb China's semiconductor capabilities. ASML's investment in the university is threatened, and the company faces espionage concerns and U.S. demands to restrict services to Chinese clients.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 1:13 pm

AMD

DIS

SNOW

T

Disney has suffered a significant data breach by the hacking group Nullbulge, which leaked sensitive internal data from Disney's Slack channels. The breach includes discussions about ad campaigns, studio technology, and candidate interviews, and spans back to 2019. Disney is currently investigating the breach.

Portfolio Pulse from Anusuya Lahiri

July 16, 2024 | 1:08 pm

S

SentinelOne has partnered with the Cybersecurity and Infrastructure Security Agency (CISA) to enhance cyber defense across federal IT assets using its Singularity™ Platform for real-time threat detection and response.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 1:03 pm

TEAM

Atlassian has secured the FedRAMP 'In Process' designation, which is a significant step towards achieving full FedRAMP authorization. This designation indicates that Atlassian's cloud services are on track to meet the stringent security requirements set by the U.S. federal government.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:56 pm