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Security

FXI

SPY

China's Defence Ministry has urged the U.S. to stop any provocative actions that undermine regional peace and stability. The Chinese military is committed to defending its national sovereignty, security, and maritime rights and interests.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:46 pm

FXI

SPY

China, the world's top graphite producer, will require export permits for some graphite products to protect national security. This move is seen as a response to challenges over its global manufacturing dominance. The new restrictions will apply from Dec. 1 and will affect two types of graphite, including high-purity, high-hardness and high intensity synthetic graphite material, and natural flake graphite and its products. This could impact countries like Japan, the United States, India and South Korea, which are top buyers of graphite from China.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:24 pm

MSFT

Microsoft Corporation's CEO, Satya Nadella, shared a letter to shareholders highlighting the company's strong fiscal year 2023 results, with record revenue of $211 billion and over $88 billion in operating income. LinkedIn, a Microsoft subsidiary, surpassed $15 billion in revenue for the first time. Nadella also outlined Microsoft's vision for a new era of AI and its impact on software and businesses globally. He mentioned Microsoft's commitment to enhancing security operations and its impact on various sectors, including gaming and web browsing.

Portfolio Pulse from Ananya Gairola

October 20, 2023 | 4:31 am

CHKP

EIS

ESLT

ICL

ISRA

ITEQ

IZRL

NICE

TEVA

The ongoing conflict between Israel and Hamas has led to a pullback in Israeli ETFs and stocks. Major ETFs like iShares Msci Israel ETF (EIS), Ark Israel Innovative Technology ETF (IZRL), BlueStar Israel Technology ETF (ITEQ), and VanEck Israel ETF (ISRA) have seen significant drops since the conflict began. Large-cap Israeli companies listed in the US, such as Check Point Software Technologies (CHKP), Nice Ltd. (NICE), Teva Pharmaceutical Industries (TEVA), Icl Group (ICL), and Elbit Systems (ESLT) have also been impacted, with varying degrees of stock price changes.

Portfolio Pulse from Natan Ponieman

October 19, 2023 | 9:57 pm

GLD

QQQ

SPY

TLT

USO

The Israeli military has been given the 'green light' to enter Gaza, potentially leading to a ground invasion. This has caused a rise in the CBOE Volatility Index, a drop in the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust, and an increase in the SPDR Gold Trust and the United States Oil Fund. The iShares 20+ Year Treasury ETF has also fallen. The US State Department has issued a global travel warning due to increased tensions.

Portfolio Pulse from Piero Cingari

October 19, 2023 | 8:37 pm

EIS

SPY

The Pentagon has announced that it will take necessary actions to protect US troops following attacks on US personnel in Iraq and Syria.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 7:38 pm

EIS

SPY

The Pentagon has confirmed that a U.S. warship shot down three missiles and drones in the Northern Red Sea. The intended targets of the missiles are uncertain, but they may have been aimed at Israel.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 7:36 pm

EIS

SPY

Multiple blasts were heard inside Iraq's Ain Al-Asad Airbase due to an attack by drones and rockets, as reported by Reuters. The impact on US-listed companies or ETFs is not directly mentioned in the news.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 6:44 pm

EIS

SPY

The Israeli military has been given the 'green light' to move into Gaza, according to an official statement. This development could escalate the ongoing conflict in the region.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 6:36 pm

SPY

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has proposed a new rule to increase transparency in Convertible Virtual Currency Mixing (CVC mixing), which is identified as a primary money laundering concern. The rule aims to combat the use of CVC mixing by illicit actors, including terrorist groups and cyber criminals. The proposal follows multiple actions by the Treasury to target illicit finance involving the use of mixing services, including the designation of Blender.io and Tornado Cash, which provided mixing services used in significant virtual currency heists.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 6:11 pm