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Security

TSLA

Tesla Inc (NASDAQ:TSLA) is recalling 3,878 Cybertruck vehicles due to a risk of unintended acceleration caused by the accelerator pedal pad potentially dislodging. The company will repair or replace the accelerator pedal assembly at no cost. Tesla has not reported any related collisions or injuries and is taking precautionary measures to equip new Cybertrucks with updated pedals and fix those in delivery.

Portfolio Pulse from Anan Ashraf

April 19, 2024 | 10:55 am

EIS

SPY

USO

The Biden administration is considering allocating over $1 billion in new arms for Israel, in addition to a military aid bill currently before the House. This move comes amid ongoing conflict in Gaza.

Portfolio Pulse from Charles Gross

April 19, 2024 | 9:35 am

AAPL

META

Apple Inc. has removed Meta Platforms' apps, WhatsApp and Threads, from its China App Store following a Chinese government directive citing national security concerns. This action aligns with China's new regulation requiring app registration with the government. Apple's compliance with Chinese laws continues amidst U.S.-China tensions, while Meta faces challenges in China partly due to CEO Mark Zuckerberg's image. Apple's stock closed slightly lower, while Meta's stock saw an increase.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 6:03 am

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) has reportedly stopped 24-hour trading amid escalating tensions between Iran and Israel, causing concern among investors. Finance influencer Amit suggested this halt is a normal response to intense selling during such events, while others expressed frustration over not being able to trade in after-hours. The situation has raised speculation about the opening price for Robinhood stock and broader market implications.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 5:39 am

EIS

ISRA

SPY

USO

Reuters reports, citing Iranian Press TV, that the situation in Iran's Isfahan is normal with no explosion occurring on the ground, and Iran's nuclear facilities remain unharmed.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:58 am

EIS

ISRA

Israeli military reports that sirens have sounded in northern Israel, indicating a potential security situation. This news may impact related ETFs.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:54 am

TSLA

Elon Musk, CEO of Tesla Inc, commented on the recent Israeli airstrike on Iran, highlighting the irony of U.S. tax dollars being used against U.S.-supplied equipment. The airstrike targeted Iran's 8th Tactical Airbase, escalating tensions between Iran and Israel. Musk's remarks on X (formerly Twitter) reflect on the broader geopolitical conflict and its implications.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 2:54 am

EIS

ISRA

SPY

USO

Three explosions were reported near an army base in northwest Isfahan, Iran, according to the Fars News Agency. Air defense systems were activated in response to an object suspected to be a drone. The situation suggests heightened tensions in the region, which could have implications for global security and oil markets.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:53 am

EIS

ISRA

SPY

USO

Israeli missiles targeted a site in Iran, confirmed by a U.S. official to ABC News. The attack follows Iran's launch of hundreds of missiles and drones into Israel, which was largely intercepted by Israel's Iron Dome defense system. The Iron Dome's performance, intercepting 99% of the threats, is highlighted as a significant strategic achievement. The escalation has led to a suspension of flights to Tehran, Isfahan, and Shiraz in Iran.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:34 am

FXI

META

The Cyberspace Administration of China has mandated the removal of Meta's WhatsApp and Threads apps from the China storefront, citing national security concerns, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:32 am