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Security

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EWU

SPY

USO

Israeli Prime Minister Netanyahu has informed UK Chancellor Rishi Sunak that the October 7 attack by Hamas was aimed at disrupting Israel's regional peace efforts. He also stated that the conflict in Gaza will be prolonged and that Israel requires support from the UK.

Portfolio Pulse from Charles Gross

October 19, 2023 | 10:53 am

BTC-USD

The U.S. Department of the Treasury has imposed sanctions on several individuals and organizations, including a Gaza-based exchange, for allegedly supporting Hamas terrorist operations. The sanctions target Buy Cash Money and Money Transfer Company, which is accused of financing terrorist groups. The company was previously linked to wallets confiscated by Israel’s National Bureau for Counter-Terrorist Financing in 2021 and is accused of providing significant support for Hamas, including dealing with Bitcoin (CRYPTO: BTC). The Treasury also sanctioned Ahmed M. M. Alaqad, the proprietor of the exchange.

Portfolio Pulse from Benzinga Neuro

October 19, 2023 | 7:15 am

ACIW

Nymcard, a card issuer in the Middle East and Africa, has partnered with ACI Worldwide to combat fraud and financial crime. The partnership aims to enhance security and reduce fraudulent activities.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 6:23 am

BTCUSD

Dr. James Wan, a physician from Georgia, has confessed to using Bitcoin (CRYPTO: BTC) in a plot to hire a hitman to kill his girlfriend. The plot was foiled due to an incorrect wallet address. This case highlights a worrying pattern of cryptocurrency misuse, with cryptocurrency-related crime seeing a significant surge over the past four years. The U.S. Department of Justice (DOJ) is strengthening its crackdown on illegal activities in the digital asset sector.

Portfolio Pulse from Benzinga Neuro

October 19, 2023 | 5:53 am

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The Department of Justice (DOJ) has issued an advisory on Iran's ballistic missile procurement activities. The advisory does not directly mention any US-listed companies or ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 6:26 pm

MSFT

RXT

Rackspace Technology (NASDAQ:RXT) has partnered with Straits Interactive to create an AI Data Protection Officer (DPO) Assistant on Microsoft Azure OpenAI Service. The AI DPO Assistant, one of the first in the Asia Pacific and Japan (APJ) region, is a chatbot powered by generative AI. It will enable organizations to harness generative AI for business transformation, guide organizations in data governance and navigating data protection requirements, and securely store data in a multicloud environment by Rackspace Technology.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:55 pm

PARA

PARAA

The ongoing conflict between Israel and Hamas could potentially involve the U.S. militarily, despite President Joe Biden's earlier statement that U.S. troops wouldn't be needed. The possibility of Hezbollah joining the conflict against Israel has prompted discussions of U.S. military involvement. The news comes as Biden administration has warned Hezbollah and Iran against getting involved. The U.S. has sent several warships and aircraft carriers to the region and put other military forces on alert for possible deployment. Biden expressed his support for Israel during a recent appearance on “60 Minutes,” a news program on Paramount Global owned CBS.

Portfolio Pulse from Chris Katje

October 18, 2023 | 4:22 pm

DAL

UAL

Delta Air Lines, Inc. (NYSE:DAL) shares are trading lower by 4.2% due to the impact of United Airlines' (NASDAQ:UAL) Q3 results and potential Q4 EPS drop if Tel Aviv flight suspensions continue. The suspension of flights to Israel due to conflict or security concerns can lead to significant revenue loss for airlines, negatively impacting their financial performance and stock price.

Portfolio Pulse from Henry Khederian

October 18, 2023 | 3:58 pm

BTCUSD

ETHUSD

A survey by The Hong Kong University of Science and Technology's School of Business and Management shows increased skepticism towards crypto investments among Hong Kong residents, likely due to the JPEX scandal. The survey found that 41% of respondents are disinterested in crypto, a 12% increase in individuals avoiding digital assets, and a 5% dip in future crypto investment interest. Bitcoin and Ether were the most popular virtual assets.

Portfolio Pulse from Murtuza Merchant

October 18, 2023 | 3:31 pm

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The U.S. has vetoed a UN Security Council resolution on Israel and Gaza. The U.S. envoy to the UN stated that they are actively involved in diplomatic efforts on the ground.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 2:32 pm