Streetbeat News

Security

X

The White House, through Brainard, has announced that the U.S. national security review concerning U.S. Steel will continue as planned, without any deviations.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:16 pm

X

White House's Lael Brainard commented on the significance of the steel industry to national security, economic security, and supply chain considerations, highlighting its critical role in the U.S. economy.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:16 pm

CSCO

Cisco Systems, Inc. (NASDAQ:CSCO) has launched Cisco Hypershield, a significant security innovation aimed at securing data centers and clouds amidst the AI revolution. Hypershield enhances security by transforming network ports into security enforcement points, protecting applications, devices, and data across various environments. It addresses key challenges such as Distributed Exploit Protection, Autonomous Segmentation, and Self-qualifying Upgrades. Cisco's Chair and CEO, Chuck Robbins, highlighted the company's unique position to leverage AI due to its data advantage and strength in security, infrastructure, and observability platforms. Following the announcement, CSCO shares saw a 0.46% increase to $48.01.

Portfolio Pulse from Nabaparna Bhattacharya

April 18, 2024 | 3:53 pm

EIS

ISRA

SPY

USO

VGK

The U.S. has introduced new restrictions on Iran's access to certain 'low-level' technology following its attack on Israel and its cooperation with Russia against Ukraine. This move could potentially impact various sectors and related ETFs due to geopolitical tensions and market reactions to the increased sanctions.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 3:29 pm

GLD

SPY

USO

The U.S. has imposed new sanctions on Iran targeting individuals, organizations, and industries in response to an attack on Israel. These sanctions, announced by the Treasury's OFAC, focus on Iran's UAV capabilities and steel industry, aiming to undermine Iran's destabilizing activities and support for terrorism. The UK and EU are aligning with the U.S. in imposing similar sanctions. Market reactions were muted, with slight declines in oil prices and minor movements in major indices and gold.

Portfolio Pulse from Piero Cingari

April 18, 2024 | 2:57 pm

NOC

Northrop Grumman is collaborating with Elon Musk's SpaceX to work on a U.S. spy satellite system, according to Reuters News. This partnership leverages SpaceX's advanced rocket technology to enhance the capabilities and efficiency of national security payloads.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 2:38 pm

USO

Yemen's Houthi group has conducted 14 operations in the Red Sea, Gulf of Aden, Arabian Sea, and the Indian Ocean, targeting a total of 98 ships, according to their chief.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 2:04 pm

UAL

VIX

Israeli officials have indicated an imminent attack on Iran, which could spike volatility and oil prices while impacting stock prices, including United Airlines Holdings, Inc. (UAL). The article recalls a successful bullish trade on UAL following the Israel-Hamas war, suggesting a similar strategy could be effective if Israel attacks Iran. The CBOE VIX Volatility Index (VIX) is also mentioned, with its current level suggesting market participants are not yet reacting to the potential conflict.

Portfolio Pulse from David Pinsen

April 18, 2024 | 1:50 pm

AUID

authID Inc. (NASDAQ:AUID) has been selected by the National Notarial Centralized Verification System (NNCVS) to deploy its biometric identity verification platform. This collaboration aims to enhance the security and efficiency of online notarization services by providing real-time identity assurance using advanced biometric and document-based verification methods. authID's technology will help combat fraud, deepfakes, and AI-generated attacks, ensuring a secure and seamless user experience for notaries and their clients nationwide.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:09 pm

USO

Iran's Guards Commander Haghtalab announced readiness to launch powerful missiles at designated targets in Israel, according to Reuters citing Iran's Tasnim.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:31 am