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Security

TSLA

A fire at Tesla's Fremont factory was quickly contained with no injuries reported. The cause is under investigation. The factory is a major production site for Tesla's vehicles.

Portfolio Pulse from Anan Ashraf

May 21, 2024 | 7:43 am

MSFT

Elon Musk has suggested moving consumer desktops to Linux following Satya Nadella's promotion of Microsoft's new AI feature 'Recall' for Windows PCs. The feature, which takes constant screenshots and uses AI to process data, has raised privacy concerns. Nadella assured that the data is processed locally and users can restrict the feature if desired. Musk has previously criticized Microsoft's AI capabilities and their control over OpenAI.

Portfolio Pulse from Ananya Gairola

May 21, 2024 | 2:10 am

SPY

VGK

Ukrainian President Zelenskiy criticizes the delay in Western military support, stating that decisions are 'late by around one year.' He describes Western military aid as 'one big step forward but before that two steps back.' Zelenskiy also mentions Ukraine's attacks on Russia's energy system in response to energy shortages. Additionally, he expresses concerns over some messages from Republicans in the United States.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:13 pm

BLKB

The FTC has finalized an order against Blackbaud Inc. for security failures that led to a data breach, requiring the company to implement a comprehensive information security program and notify the FTC of future breaches.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 3:08 pm

GE

Speculative posts on social media suggest that GE Aerospace may have been the victim of a major ransomware breach. The posts are unconfirmed but have generated significant attention among traders.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 3:05 pm

BTCUSD

Zhao Tong, a Chinese teen, created Bitcoinica, the first-ever crypto margin exchange, but lost 99,000 BTC due to hacks. The incident underscores the importance of security in crypto exchanges.

Portfolio Pulse from Khyathi Dalal

May 20, 2024 | 2:44 pm

SPY

Federal Reserve Vice Chair Michael Barr announced that regulators are considering imposing restrictions on how much banks can rely on 'held-to-maturity' securities under liquidity requirements. Additionally, regulators are reviewing the regulatory treatment of certain types of deposits, including those tied to venture capital or cryptocurrency businesses.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:59 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is set to launch an upgraded version of its AirTag in 2025, featuring an advanced chip for superior location tracking. The delay in launch is due to overstock of the first-generation product. Apple is also addressing concerns about AirTag misuse for stalking by collaborating with Google to enhance unwanted Bluetooth tracking notifications.

Portfolio Pulse from Ananya Gairola

May 20, 2024 | 6:18 am

EWT

Taiwan's new president, Lai Ching-te, was sworn in amid rising tensions with China. Lai is expected to maintain the status quo in cross-strait relations and strengthen ties with the U.S. and its allies. Beijing has increased military incursions around Taiwan, viewing Lai as a separatist. The U.S. calls for peaceful resolution of cross-Strait differences.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:27 am

SPY

USO

Iranian President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian are feared dead following a helicopter crash in northern Iran. The crash occurred while Raisi was returning from a ceremony to inaugurate a dam. Search and rescue operations are ongoing, hampered by inclement weather. The incident has significant geopolitical implications.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:04 am