Streetbeat News

Security

USO

Iran has informed the International Atomic Energy Agency (IAEA) that it plans to install 8 cascades of IR-6 centrifuges at the Fordow enrichment plant over the next 3-4 weeks.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 3:29 pm

FAF

Federman & Sherwood has initiated an investigation into First American Financial Corporation (NYSE:FAF) following a data breach identified on December 18, 2023. The breach involved unauthorized access to sensitive personal information. First American Financial has taken steps to contain and remediate the incident.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:47 pm

FXI

SKGR

Tennessee has banned retail brokerage Webull from government-issued computers and smartphones of state employees due to concerns over its ties to China. This move adds to Webull's growing issues related to its Chinese connections.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:31 pm

BA

The FAA Administrator admitted that the agency was 'too hands off' with Boeing before an incident involving Alaska Airlines. Additionally, Boeing's 787 team is checking fasteners in the side-of-body area of some undelivered Dreamliners.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:21 pm

SPY

VGK

Evan Gershkovich, a Wall Street Journal reporter, has been indicted by Russian prosecutors on espionage charges. The U.S. government considers him wrongfully detained. Gershkovich has been held in Moscow's Lefortovo Prison since March 29 last year. The case will proceed to a trial court with potential secret hearings.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:02 pm

SOLUSD

Elon Musk's decision to make 'likes' private on X (formerly Twitter) has sparked controversy in the cryptocurrency community. Mert Mumtaz, CEO of Helius, criticized the move, citing increased bot activity and potential manipulation, particularly harmful to the crypto space.

Portfolio Pulse from Murtuza Merchant

June 13, 2024 | 1:42 pm

GOOG

GOOGL

Google Waymo, a subsidiary of Alphabet Inc., is recalling 672 self-driving vehicles after one collided with a pole in Phoenix. The issue was identified and fixed with a software update. The recall follows a probe by the NHTSA into Waymo's driving behaviors.

Portfolio Pulse from Anan Ashraf

June 13, 2024 | 1:36 pm

GME

MSFT

Microsoft President Brad Smith will testify before a U.S. House panel regarding security lapses after major cyberattacks by Russian and Chinese hackers. The Cyber Safety Review Board criticized Microsoft for not being transparent about a preventable Chinese hack. Lawmakers will review Microsoft's security strategies and responses.

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:35 pm

CRV-USD

Curve's (CRYPTO: CRV) token dropped 30% due to the automatic liquidation of loan positions linked to its founder, Michael Egorov. This triggered a wave of selling activity, significantly impacting the token’s market value. Egorov's addresses have accumulated nearly $100 million in stablecoin loans, predominantly crvUSD, backed by $140 million in CRV collateral. The liquidation has exerted pressure on other DeFi protocols, as CRV is commonly used as a trading pair and stabilizing asset in various trading pools.

Portfolio Pulse from Murtuza Merchant

June 13, 2024 | 1:01 pm

GOOG

GOOGL

Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) faces a privacy complaint from Austrian advocacy group NOYB, alleging improper user tracking via Chrome. This comes amid ongoing scrutiny of Google's privacy practices, including concerns from the UK's ICO and a recent lawsuit over Incognito mode tracking.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 7:18 am