Streetbeat News

Security

AAPL

Apple has disclosed that it will provide security updates for the iPhone 15 Pro Max for a minimum of five years, which is less than the seven years offered by Samsung and Google. This announcement comes amid scrutiny over Apple's App Store fees and practices.

Portfolio Pulse from Rounak Jain

June 07, 2024 | 12:19 pm

ABDE

Edward Snowden supports Richard Stallman's warnings about proprietary software following backlash against Adobe Inc. (NASDAQ:ABDE) for its new terms and conditions, which allow content review by automated and manual methods. This has led to calls for professionals to cancel their Adobe subscriptions.

Portfolio Pulse from Ananya Gairola

June 07, 2024 | 2:01 am

EIS

USO

The Israel-Hamas conflict has escalated following an Israeli airstrike on a Gaza school, resulting in civilian casualties. The NAACP has called for a halt to US weapons deliveries to Israel, which could impact President Biden's support among Black voters. The US has also warned Israel against engaging in a war with Lebanon. The iShares MSCI Israel ETF (EIS) fell 0.5%, while the United States Oil Fund (USO) rose 1.9%.

Portfolio Pulse from Piero Cingari

June 06, 2024 | 8:24 pm

EIS

SPY

USO

The Qatari Foreign Ministry spokesperson announced that Hamas has not yet responded to the latest ceasefire proposal and is still studying it.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 7:44 pm

GOOG

MSFT

VZ

The U.S. Federal Communications Commission (FCC) has voted to advance a proposal aimed at boosting the security of information routed across the internet. This move is expected to impact several companies in the cybersecurity and telecommunications sectors.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 2:51 pm

SNOW

VGT

VTI

Snowflake Inc (NYSE:SNOW) is under scrutiny due to data breaches affecting major clients like Santander Bank and Ticketmaster. Hackers claimed to have stolen millions of customer records, and Australian authorities confirmed several compromises. Snowflake acknowledged unauthorized access but found no direct system breach. The stock is trading lower, and investors can gain exposure via Vanguard Total Stock Market ETF (NYSE:VTI) and Vanguard Information Tech ETF (NYSE:VGT).

Portfolio Pulse from Anusuya Lahiri

June 06, 2024 | 2:19 pm

EIS

USO

An Israeli military spokesperson has denied claims by the Houthi group that they attacked Haifa Port. The spokesperson stated that the claims are not true.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 1:13 pm

META

Meta Platforms Inc (NASDAQ:META) is facing 11 privacy complaints from the EU regarding its proposed use of personal data to train AI models. The complaints, filed by advocacy group NOYB, argue that Meta's changes would breach EU privacy regulations by using personal data without user consent. This comes amid ongoing scrutiny of Meta's privacy practices and legal challenges in both the EU and the U.S.

Portfolio Pulse from Benzinga Neuro

June 06, 2024 | 5:53 am

EIS

Tensions escalate at the Israel-Lebanon border following a drone attack by Hezbollah, leading to potential large-scale Israeli military operations. The Gaza conflict intensifies with ongoing assaults and failed cease-fire efforts. The U.S. House of Representatives passes a bill to impose sanctions on the International Criminal Court over its actions against Israeli officials. The iShares MSCI Israel ETF (NYSE:EIS) fell 0.6% on Wednesday.

Portfolio Pulse from Piero Cingari

June 05, 2024 | 7:44 pm

EIS

SPY

Israel President Herzog, speaking at the Jerusalem Day ceremony, highlighted the daily attacks on Israel by Iran proxies in Lebanon. He urged the world to understand the need to protect Israeli citizens and warned against reactions when the situation escalates.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:26 pm