Streetbeat News

Security

ALK

Alaska Airlines experienced a ground stop due to an IT issue, as reported by CNBC. This temporary halt in operations could impact the airline's schedule, potentially affecting customer satisfaction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:07 pm

BTCUSD

Pavel Durov, co-founder of Telegram, revealed holding 'a few hundred million dollars' in Bitcoin and fiat, emphasizing the importance of secure communication tools amid increasing government surveillance. Durov highlighted the challenges faced by privacy-focused services, including attempts by the FBI to infiltrate Telegram. He advocates for the UAE as a base for such enterprises due to its geopolitical neutrality and discussed the financial independence of his company from venture capital. The context includes warnings about expanded NSA surveillance capabilities.

Portfolio Pulse from Murtuza Merchant

April 17, 2024 | 2:56 pm

SIGA

Traders are closely monitoring SIGA Technologies following circulation of a U.S. Sun article reporting the discovery of a mutant strain of Mpox with pandemic potential in the Democratic Republic of Congo. This development could impact SIGA Technologies, known for its involvement in health security and disease treatment.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:55 pm

BA

Boeing has expressed full confidence in the safety of its 787 Dreamliner and 777 models, according to Bloomberg. This statement comes amidst scrutiny and concerns over aircraft safety standards.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:01 pm

AAPL

BB

GOOGL

BlackBerry has identified a resurgence of the LightSpy espionage campaign, targeting Apple's iPhones, particularly in Southern Asia. Originating from China, this sophisticated malware campaign aims to extract sensitive information from targeted individuals. The campaign's revival highlights the escalating cyber threats globally, with Apple and Google reporting increased cyber espionage activities. Apple's stock saw a slight increase in premarket trading following the report.

Portfolio Pulse from Rounak Jain

April 17, 2024 | 1:31 pm

MCHI

Chinese exporters at the Canton Fair are facing challenges despite China's 5.3% economic growth in Q1, including a decline in exports and producer prices. Increased economic and political tensions with the U.S., global trade slowdowns, and manufacturing overcapacity are key issues. Some sectors, like high-tech, remain optimistic due to government support. Trade tensions could worsen with potential U.S. tariffs and blacklisting of Chinese companies. The iShares MSCI China ETF (MCHI) saw a 1.02% dip.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 12:58 pm

EIS

SPY

USO

Iran is preparing its Air Force for potential strikes and has directed its Navy to escort ships in the Red Sea in anticipation of retaliatory actions from Israel. This development comes amid escalating tensions in the Middle East, which could have significant implications for regional stability and global oil markets.

Portfolio Pulse from Charles Gross

April 17, 2024 | 11:15 am

BTCUSD

META

The SEC has banned the use of third-party messaging apps on its employees' work phones to improve record-keeping and security, following a $3 billion fine on financial firms for similar issues and a security breach via an SEC social media account that led to a fake Bitcoin ETF announcement.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 10:12 am

GOOG

GOOGL

Marc Andreessen criticized Google's internal issues, including employee protests and security breaches involving AI chip designs. He highlighted the risks of AI safety and the need for urgent regulatory measures. Elon Musk supported Andreessen's concerns, emphasizing the dangers of AI. Google faces internal dissent over its cloud contract with the Israeli government, affecting employee morale.

Portfolio Pulse from Rounak Jain

April 17, 2024 | 9:37 am

META

SNAP

The SEC has implemented a new policy prohibiting the use of third-party messaging apps and texts on its employees' work mobile phones, including popular platforms like WhatsApp. This move aims to enhance security and compliance within the agency.

Portfolio Pulse from Charles Gross

April 16, 2024 | 8:45 pm