Streetbeat News

Security

EIS

GLD

KSA

The conflict between Israel and Hamas has reached day 42 with significant developments in hostage negotiations, military operations, and international reactions. Hamas has agreed in principle to release hostages, while President Biden has accused Hamas of war crimes. IDF operations continue at Shifa Hospital, and Israel has taken control of Gaza's harbor. International condemnation of Israel's actions has come from Saudi Arabia and South Africa. The Israeli shekel and stock market rose, as did Saudi stocks, while U.S. Treasury yields fell. The iShares MSCI Israel ETF (EIS) and iShares MSCI Saudi Arabia ETF (KSA) both saw gains, while the SPDR Gold Trust (GLD) rose and Bitcoin (BTC) fell.

Portfolio Pulse from Piero Cingari

November 16, 2023 | 3:43 pm

EIS

SPY

USO

The White House's John Kirby has stated that the U.S. believes Hamas is using the Al Shifa medical facility as a command center and possibly as a storage facility for military purposes, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:40 pm

AMZN

ESTC

Elastic (NYSE:ESTC) has entered into a two-year global Strategic Collaboration Agreement with Amazon Web Services (AWS) to integrate Amazon Bedrock with the Elastic AI Assistant. This collaboration aims to facilitate the development and scaling of generative AI-powered applications using Elastic Cloud on AWS. The integration will initially focus on security use cases, with observability applications to follow. Randstad Group Netherlands has expressed interest in leveraging this integration to enhance their security operations.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:18 pm

GEN

Avast, a brand under Gen Digital, has reported blocking a record 1 billion unique cyber attacks monthly, a 50% increase attributed to AI-supported finance and dating scams, mobile scams, adware, spyware, and malvertising. This surge in cyber threats highlights the growing sophistication and frequency of online attacks.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:15 pm

MSFT

Programmer Charlie Holtz used OpenAI's GPT-4 Vision and a Python script to create an AI version of Sir David Attenborough that can narrate videos in Attenborough's style. The AI uses real-time image recognition to describe what it sees. This development highlights the potential for AI to be used for creative purposes but also raises concerns about the misuse of AI in creating deepfakes and spreading disinformation, as evidenced by incidents involving deepfake images and audio of celebrities.

Portfolio Pulse from Rounak Jain

November 16, 2023 | 1:26 pm

PSN

Parsons Corporation's Sealing Technologies and InfiniteTactics have partnered to launch a new high-performance computing solution called the Mobile Tactical Edge, designed to enhance capabilities for defense and law enforcement applications.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:33 am

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) has introduced Astro for Business, a new security solution for small and medium-sized businesses that leverages robotics, smart security, and AI. The service offers customizable subscriptions, including Ring Protect Pro and Astro Secure, with additional options like Virtual Security Guard for professional monitoring. This launch comes as businesses face significant losses, with nearly $100 billion reported in 2022. Amazon's stock closed lower by 1.78% at $143.20 on Wednesday.

Portfolio Pulse from Anusuya Lahiri

November 16, 2023 | 10:25 am

LI

MSFT

Microsoft CEO Satya Nadella stated the company is focusing on global markets excluding China, in light of US national security concerns. Microsoft, which has been present in China since 1992 and provides AI services to Chinese firms like Li Auto and Xiaomi, is adhering to US government restrictions. This comes after the US introduced export restrictions on AI chips for China. Nadella mentioned the importance of following US trade, competition, and security policies, and does not see China's manufacturing role for Microsoft's Surface PCs as a major issue unless supply chain disruptions occur.

Portfolio Pulse from Benzinga Neuro

November 16, 2023 | 10:09 am

AAPL

BTDR

Apple is expected to allow EU iPhone users to sideload apps, which could increase phishing risks for crypto users, according to blockchain security firms. The move is in response to the EU's Digital Markets Act. Security experts warn of the potential for phishing attacks, asset theft, and password theft. Apple has previously warned about the dangers of sideloading apps. Bitcoin saw a price increase of 3% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 16, 2023 | 5:07 am

FXI

SPY

President Biden has indicated that his discussions with China's President Xi Jinping are progressing positively. A senior U.S. official reported that the talks lasted over four hours, suggesting a significant diplomatic engagement between the U.S. and China.

Portfolio Pulse from Charles Gross

November 15, 2023 | 11:35 pm