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Security

AAPL

GOOGL

Google is launching its Find My Devices network, compatible with Apple's Find My network, to help users locate their devices and implement anti-stalking measures. This comes after a year of collaboration between Google and Apple, addressing safety concerns linked to tracking devices like Apple's AirTag.

Portfolio Pulse from Ananya Gairola

April 05, 2024 | 6:29 am

TSLA

Elon Musk, CEO of Tesla Inc. and SpaceX, announced a 'major purge' on his social media platform X (formerly Twitter) to address the overwhelming explosion of adult content. This decision comes in response to user complaints about the excessive spam and adult content on the platform. Musk's announcement has raised concerns among users about potential follower count reduction, reminiscent of previous account purges for inactivity. The proliferation of explicit material on X, including scams and promotions for OnlyFans, has escalated, causing discomfort among users and raising concerns about the platform's ability to protect minors.

Portfolio Pulse from Ananya Gairola

April 05, 2024 | 4:19 am

CHKP

EIS

ITEQ

IZRL

MBLY

NICE

Israeli stocks and ETFs are facing declines due to escalating tensions with Iran, except for large Israeli tech companies with a global presence. The TA-35 Index dropped over 3% this week following Iran's retaliation promise. However, U.S.-listed Israeli tech firms like Mobileye, Check Point Software, and Nice Ltd are showing resilience. ETFs like EIS, IZRL, and ITEQ have varied responses, with EIS down 2.6%, while IZRL and ITEQ saw slight gains.

Portfolio Pulse from Natan Ponieman

April 04, 2024 | 7:52 pm

EIS

SPY

President Biden has called for an immediate ceasefire in Gaza, according to a Wall Street Journal report. This development could have implications for the geopolitical landscape and potentially impact markets.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 5:52 pm

BTCUSD

DOGEUSD

Anonymous blogger Polynya criticizes the cryptocurrency community for its 'broken moral compass,' highlighting the rise of predatory practices, scams, and the emergence of offensive meme coins. Despite acknowledging some positives in crypto, Polynya is taking an indefinite hiatus from writing about the industry, expressing disappointment in its current state. The critique comes amid a surge in meme coin popularity, driven by social media hype rather than intrinsic value, contributing to the market's volatility and potential for scams.

Portfolio Pulse from Ivan Crnogatić

April 04, 2024 | 3:37 pm

MQ

SQ

The Bear Cave released a report on Marqeta (MQ), criticizing its financial stability and its association with facilitating criminal payments through Cash App, owned by Block (SQ). Marqeta, a card issuing platform, is under scrutiny due to its major customer Block and banking partner Sutton Bank facing regulatory investigations. The report highlights Marqeta's role in processing payments for a child pornography site, emphasizing the use of Cash App for transactions. Marqeta's revenue heavily relies on Block, contributing 68% in 2023. Despite controversies, Marqeta's payment processing volume doubled from 2021 to 2023.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:32 pm

SPY

Fed's Harker commented that inflation remains excessively high and expressed uncertainty about whether artificial intelligence will significantly enhance productivity.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:03 pm

V

Skipify, a fintech company, partners with Visa (NYSE:V) to enhance its Connected Wallet through the Visa Digital Commerce Program. This collaboration aims to simplify and secure the checkout process by integrating Visa's Click to Pay cards with Skipify's digital wallet, leveraging Visa's tokenization technology to reduce fraud risk. The partnership will expand Skipify's reach and offer a more seamless checkout experience, benefiting both merchants and consumers.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:02 pm

ETH-USD

VanEck predicts Ethereum Layer 2 networks will surpass a $1 trillion valuation by 2030, based on an evaluation of 46 L2 networks. Currently, Arbitrum leads with $18 billion in locked tokens. Despite potential growth, VanEck remains bearish on many networks due to competition and risks like an oversupply of L2 tokens.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 12:54 pm

HCTI

Healthcare Triangle, Inc. (HCTI) shares surged following the announcement of its partnership with Cynomi to bolster cybersecurity measures in the healthcare sector. This collaboration aims to address the growing concerns over data security in healthcare, leveraging Cynomi's expertise to enhance protection against cyber threats.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:21 pm