Streetbeat News

Security

META

Grace Wolstenholme, a TikTok influencer, accused Meta Platforms Inc's Facebook of failing to remove a fake account using her content to make money. Despite reporting the account in January, it took Meta five months to take action, resulting in significant financial loss for Wolstenholme. This incident highlights ongoing concerns about Facebook's handling of fraudulent accounts and scams.

Portfolio Pulse from Benzinga Neuro

May 28, 2024 | 8:56 am

ORDI

SOL

The Solana-based CAT memecoin has crashed after its creators were accused of hacking a crypto influencer's account and manipulating the coin's price. The coin's value dropped by 70% in the last 24 hours.

Portfolio Pulse from Aniket Verma

May 28, 2024 | 8:18 am

SAVE

Spirit Airlines flight NK270 from Jamaica to Florida had to return to Montego Bay due to a suspected mechanical issue. Passengers were instructed to prepare for a water landing out of caution, but the plane landed safely. The incident follows recent turbulence-related events in the aviation industry.

Portfolio Pulse from Benzinga Neuro

May 28, 2024 | 3:40 am

AAPL

GOOG

GOOGL

Android users are experiencing pixelated GIFs when receiving messages from iPhones via Google Messages. The issue, reported by several users, affects various Android devices and may be related to the Google Messages app or a bug in iOS. This comes as Apple prepares to introduce Rich Communication Services (RCS) on iPhones.

Portfolio Pulse from Ananya Gairola

May 28, 2024 | 3:32 am

EIS

USO

Tensions in the Middle East have escalated due to an Israeli airstrike in Gaza's Rafah city, resulting in significant casualties and global condemnation. Additionally, a shooting incident on the Israeli-Egyptian border has raised tensions further. The Bank of Israel has kept interest rates unchanged, citing inflation concerns. The Israeli shekel weakened, and the iShares MSCI Israel ETF (EIS) and United States Oil Fund (USO) saw minor movements.

Portfolio Pulse from Piero Cingari

May 27, 2024 | 3:28 pm

GOOG

GOOGL

The National Highway Traffic Safety Administration (NHTSA) has identified nine additional reports of 'unexpected driving behavior' in vehicles equipped with Waymo's fifth-generation automated driving system, bringing the total to 31 reports. These incidents include collisions with stationary objects and disobeying traffic rules. The NHTSA has requested further information from Waymo by June 11.

Portfolio Pulse from Anan Ashraf

May 27, 2024 | 11:58 am

BTC

ETH

SOL

Caitlyn Jenner's official X account promoted a new cryptocurrency called JENNER, raising doubts about its authenticity. Despite skepticism, the coin saw a massive surge in value. This incident highlights the risks associated with memecoins and potential scams in the crypto market.

Portfolio Pulse from Aniket Verma

May 27, 2024 | 9:11 am

AMZN

Bill Ackman has publicly supported Amazon's handling of an employee kidnapping by Hamas, urging patience and emphasizing the company's ethical stance. Ackman believes Amazon's silence on the matter is strategic and in the best interest of the situation.

Portfolio Pulse from Benzinga Neuro

May 27, 2024 | 2:41 am

META

Elon Musk has criticized Meta Platforms Inc.'s WhatsApp for its data security practices, claiming that the app exports user data every night. This follows previous criticisms and a $37 million fine for Meta over data-sharing practices.

Portfolio Pulse from Rounak Jain

May 25, 2024 | 7:56 am

AAPL

AES

MRVL

SNX

Hedge funds adjusted their portfolios in Q1 2024, focusing on AI-related infrastructure stocks and cyclical sectors. Positions in several 'Magnificent Seven' tech stocks were trimmed, except for Apple. Marvell Technology, TD Synnex, and AES Corporation saw increased hedge fund interest.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 4:20 pm