Streetbeat News

Security

EIS

USO

Israeli Defence Minister declares that post-war, Hamas will not govern Gaza and no Israeli civilians will reside there. Palestinian authorities will manage the area, provided they do not act against Israel.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 6:55 pm

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New economic data suggests a stronger jobs picture than the market consensus, with lower weekly initial claims and higher ADP employment change than expected. This goes against the 'immaculate everything' consensus regarding the economy. A Wall Street analyst downgraded Apple Inc, affecting tech stock rallies. The Middle East situation is tenser after a deadly attack in Iran, increasing the probability of conflict. German CPI data shows inflation in line with expectations. Money flows are mixed for major tech stocks, negative for Apple and Amazon, and mixed for SPY and QQQ. Oil inventories show a larger draw than anticipated, and Bitcoin rises on ETF rumors. The Arora Report advises investors to maintain protection bands and hold cash for new opportunities, with a cautious approach to long-duration bond allocations.

Portfolio Pulse from The Arora Report

January 04, 2024 | 4:08 pm

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The U.S. Navy reported that a Houthi drone boat exploded in the Red Sea on Thursday. The incident occurred miles away from any U.S. Navy vessels, indicating no immediate threat to U.S. naval assets.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 3:20 pm

DOV

Dover Fueling Solutions (DFS), a part of Dover Corporation (NYSE:DOV), has announced a collaboration with Click & Find to deliver a fuel transportation volume monitoring and tracking solution in the EMEA region. This solution integrates ProGauge magnetostrictive probe technology to enable fuel retailers and transportation companies to control operations, mitigate risks, and streamline processes. It provides security from loading to delivery, integrates with various software systems, and complies with industry standards.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:18 pm

The White House has not provided an update on the national security review of the acquisition of U.S. Steel Corp. by Nippon.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 7:32 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has received Authority to Operate (ATO) from FedRAMP, sponsored by the U.S. Department of Veterans Affairs. This allows Knightscope to be listed on the FedRAMP Marketplace as an approved provider for federal agencies and begin deployment for the VA contract. The company's 2024 Roadmap includes growth, margin improvements, acquisitions, and pre-orders for the new K7 in 2025.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:32 pm

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techUK, representing companies like Apple, Google, and Microsoft, opposes UK's proposed surveillance laws, fearing data security threats and legal conflicts. The group, which includes Apple, Alphabet's Google, Microsoft, Adobe, and Amazon, seeks to discuss the Investigatory Powers Act changes that could undermine encryption and impact tech investments in the UK. Apple has previously resisted such laws and threatened to withdraw iMessage and FaceTime over encryption issues.

Portfolio Pulse from Rounak Jain

January 03, 2024 | 2:21 pm

SentinelOne, a cybersecurity firm, has announced the acquisition of PingSafe, an AI-driven cloud security company. This move is aimed at expanding SentinelOne's cloud security capabilities. The financial terms of the deal have not been disclosed. SentinelOne's stock, which trades under the ticker symbol S, may be influenced by this strategic acquisition as it enhances the company's product offerings in the cloud security space.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:22 pm

MSFT

Microsoft's Xbox banned a user for one year for capturing gameplay footage of 'Baldur's Gate 3', a popular role-playing game released in 2023. The footage was flagged as explicit content by Xbox's safety systems, with each clip resulting in an individual infraction. The ban has raised questions among users, especially since Microsoft approved the game for its platform. Users can disable automatic uploads of captured clips to avoid similar issues.

Portfolio Pulse from Rounak Jain

January 03, 2024 | 9:51 am

QCOM

Qualcomm Inc (NASDAQ:QCOM) shares fell by 3.6% amid a broader decline in semiconductor and chip stocks, influenced by rising Treasury yields and the Netherlands' decision to block exports of some lithography systems to China. This decision, which affects ASML Holding, aligns with U.S. export limits and has contributed to the sector's pullback after gains earlier in 2023.

Portfolio Pulse from Henry Khederian

January 02, 2024 | 8:54 pm