Streetbeat News

Security

VFC

VF Corp reported on December 13 that it detected unauthorized activities on part of its IT systems, affecting its ability to fulfill orders despite consumers being able to place them on most of its brand e-commerce sites globally.

Portfolio Pulse from Charles Gross

December 18, 2023 | 11:42 am

EWJ

EWY

SPY

Japan's Defense Ministry reported that North Korea has launched a ballistic missile on Monday morning, according to NHK. This event may increase geopolitical tensions in the region.

Portfolio Pulse from Charles Gross

December 17, 2023 | 11:56 pm

EWJ

EWY

SPY

North Korea has warned that any use of nuclear weapons against it will be met with a preemptive and destructive response, as reported by Reuters citing KCNA.

Portfolio Pulse from Charles Gross

December 17, 2023 | 2:14 pm

EWJ

EWY

SPY

Japan's Ministry of Defense reported that North Korea has launched a possible ballistic missile, according to NHK news.

Portfolio Pulse from Charles Gross

December 17, 2023 | 2:08 pm

AAPL

GOOG

Apple Inc. (AAPL) had a notable week with several developments. The company settled a class-action lawsuit related to Family Sharing for $25 million and delayed two iOS 17 features to 2024. Apple introduced a new anti-theft feature, 'Stolen Device Protection,' for iPhones and tightened user data privacy, requiring a court order for push notification data. Additionally, Apple launched a standalone USB-C charging case for the second-generation AirPods Pro. Alphabet Inc. (GOOG, GOOGL) was also mentioned in the context of providing notification data to governments.

Portfolio Pulse from Benzinga Neuro

December 17, 2023 | 2:00 pm

USDCUSD

Circle, the issuer of USDC, is facing renewed accusations from the Campaign for Accountability (CFA) regarding its Cross Chain Transfer Protocol (CCTP) being used for illicit finance through the Tron blockchain. CFA has raised concerns to Senators Elizabeth Warren and Sherrod Brown, citing law enforcement actions involving Tron. Circle's Dante Disparte responded in November, denying the claims and stating that Circle monitors blockchain activity and has cut ties with Justin Sun and related entities. Despite this, CFA criticizes Circle for lack of transparency and regulatory approval for offering USDC on Tron and other offshore blockchains.

Portfolio Pulse from Khyathi Dalal

December 16, 2023 | 5:47 pm

EWY

FXI

SPY

VGK

The White House has issued a stern warning that any nuclear attack by North Korea on the United States or its allies would be unacceptable and would lead to the termination of the Kim regime. This statement underscores the high stakes of nuclear diplomacy and the U.S. commitment to deterrence.

Portfolio Pulse from Charles Gross

December 16, 2023 | 2:30 pm

ADA-USD

AVAX-USD

BTC-USD

ETH-USD

LINK-USD

XRP-USD

Bitcoin and Ethereum saw declines over the past week, while BONK and Avalanche led the gainers. BONK was listed on Binance despite volatility warnings. Terra Classic and Chainlink were among the top losers. Avalanche's transaction growth and positive analyst outlook, along with Cardano's network activity, contributed to their gains. Chainlink's new staking pool and XRP's legal concerns impacted their prices. The FOMC meeting and an anti-crypto bill by Sen. Elizabeth Warren influenced market sentiment. BlackRock's move and SEC meetings regarding Bitcoin ETFs were notable developments. A security breach at Ledger due to a phishing attack was also reported.

Portfolio Pulse from Khyathi Dalal

December 15, 2023 | 9:52 pm

AAPL

FXI

The Chinese government and state-owned enterprises are increasingly banning the use of iPhones, as reported by Reuters. This move could be part of broader efforts to reduce reliance on foreign technology and promote domestic alternatives.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 9:03 pm

EIS

The armed wing of Hamas, Al Qassam Brigades, has launched missiles towards Jerusalem according to a statement cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:58 pm