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Security

ADTN

Adtran has opened a new Terafactory in Meiningen, Germany, to strengthen its supply chain resilience and accelerate regional technological advancements. The facility, backed by the Thuringian government, aims to create local jobs and reduce resource consumption through advanced automation technologies. The move mirrors Adtran's strategy in the US, where it recently expanded its manufacturing facility in Huntsville, Alabama. The Terafactory will reduce Adtran's dependence on overseas suppliers and stabilize the delivery of its networking solutions.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 1:22 pm

EIS

SPY

TLT

Reports of potential negotiations for the release of hostages in exchange for a ceasefire in Israel have been dismissed by Prime Minister Benjamin Netanyahu. In other news, Yemen's Houthi rebels claim to have shot down a US drone. The Israeli shekel strengthened by 1.3%, and Israeli-related stocks tracked by the iShares MSCI Israel ETF rose by 0.3%. The S&P 500 Index also saw a slight increase, while the iShares 20+ Year Treasury ETF rose by 1.7%.

Portfolio Pulse from Piero Cingari

November 08, 2023 | 10:27 pm

EIS

SPY

According to Syrian state media, Israel has conducted an air strike on military sites in southern Syria. The potential impact on US-listed ETFs EIS (iShares MSCI Israel ETF) and SPY (SPDR S&P 500 ETF Trust) is uncertain.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 8:53 pm

GOOG

Google has announced an expansion of its partnership with AI safety and research startup Anthropic. The partnership includes collaborations on AI safety standards and AI security, and Anthropic will use Google's Cloud TPU v5e chips for AI inference. Anthropic has built one of the largest Google Kubernetes Engine clusters and uses Google's AlloyDB and BigQuery. Anthropic is also using Google Cloud's security services, including Chronicle Security Operations, Secure Enterprise Browsing, and Security Command Center. Anthropic is one of the first companies to deploy at scale TPU v5e, Google Cloud's most versatile, efficient, and scalable AI accelerator.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:04 pm

IDAI

Trust Stamp (NASDAQ:IDAI) has announced that a Fortune 500 insurance company will adopt its low-code Orchestration Platform. This follows the recent announcement that 35 financial institutions were implementing its Orchestration Layer. The platform is designed to combat the rising threat of third-party fraud in the insurance industry, particularly account takeover, which has increased by 25% over the last year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:34 pm

TRU

The Department of Veterans Affairs (VA) has awarded a contract to TransUnion (NYSE:TRU) and its partner Four Points Technology to improve veterans' experiences when accessing key services. The contract will enable TransUnion to provide TruContact™ Trusted Call Solutions across VA contact centers, major medical centers, and major programs. The solution will help the VA deliver information about essential benefits at times that matter most and protect veterans from fraud by identifying and blocking spoofed calls.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:05 pm

MSFT

SSNLF

Samsung Electronics has unveiled its proprietary generative AI model, Gauss, which could be launched with the upcoming Galaxy S24 series. The AI model, developed in-house by Samsung Research, is designed to enhance work efficiency and consumer experiences. Samsung also emphasizes consumer privacy protection by applying these models on-device and has established an AI Red Team to address security and privacy concerns. Initial rumors suggested that Samsung could use Microsoft-backed OpenAI's ChatGPT, but Samsung has instead relied on its in-house research.

Portfolio Pulse from Rounak Jain

November 08, 2023 | 11:39 am

AAPL

A report has highlighted the significant differences between genuine Apple AirPods and counterfeit versions, with the latter being of inferior construction and quality. The counterfeit versions are often made with lower-grade materials and have a significant downgrade in audio quality. The existence of such counterfeit products not only affects Apple's brand reputation but also poses consumer risks, as these products often fail to meet safety standards.

Portfolio Pulse from Ananya Gairola

November 08, 2023 | 8:03 am

EVO

Evotec SE reported a 14% YoY revenue growth in 9M FY22 to €580.1M, with adjusted group EBITDA increasing by 13% YoY to €50.2M. The company's top-line success reflects strong demand. However, costs of €43.9M were incurred in 2023 due to a cyber-incident. Total EVT Execute revenues were up 3% to €543.4M, while EVT Innovate revenues increased by 64% to €199.9M.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 7:33 am

FXI

SPY

U.S. and Chinese officials met in Washington on Monday to discuss arms control issues, according to the State Department.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:00 pm