Streetbeat News

Security

GS

Goldman Sachs CEO has expressed concerns over higher bond yields and escalating geopolitical stresses worldwide. He also warned that if proposed capital rules are implemented, more activity will shift to shadow banks.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:40 pm

EIS

A senior Hamas armed commander, Ayman Nofal, has been killed in an Israeli air strike in Gaza, according to Reuters. The article may mention the iShares MSCI Israel ETF (EIS).

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:27 pm

GM

The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into General Motors' (GM) self-driving unit, Cruise, over concerns about pedestrian safety. The NHTSA has logged reports of Cruise autonomous vehicles encroaching on pedestrians and causing injuries. This comes after GM was under scrutiny for a bus collision incident and reports of potentially explosive airbag parts in at least 20 million vehicles. GM shares are trading lower by 0.67% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2023 | 1:17 pm

FEZ

GLD

UUP

The Israel-Hamas conflict continues to escalate, with President Biden set to visit Israel and Jordan to address the humanitarian crisis and stand in solidarity against Hamas. German Chancellor Olaf Scholz and French President Emmanuel Macron are also expected to visit Israel. Meanwhile, investor risk sentiment has faltered, with the U.S. dollar index and gold prices rising, and equity indices across Europe falling. The Invesco DB USD Index Bullish Fund ETF (UUP), SPDR Gold Trust ETF (GLD), and SPDR DJ Euro Stoxx ETF (FEZ) are directly mentioned.

Portfolio Pulse from Piero Cingari

October 17, 2023 | 1:17 pm

VRNT

Verint Systems Inc. has launched a new specialized bot designed to protect sensitive customer data and reduce compliance risk. The bot is expected to enhance the company's cybersecurity measures and potentially increase its market share in the cybersecurity industry.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:47 pm

ASNS

Actelis Networks, Inc. (NASDAQ:ASNS) has received its first order to supply a major European natural gas transmission system operator with its hybrid fiber-copper networking solution. The company's new customer operates a high-pressure natural gas pipeline network in a large European country. The Actelis solution will enable and extend instant, fiber-grade connectivity over the client's existing network infrastructure. The deployment will be done in collaboration with Actelis' local partner, denk-stein:net GmbH, based in Germany.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:41 pm

META

WhatsApp, owned by Meta Platforms Inc. (NASDAQ:META), has launched a passwordless login system for Android users, moving away from the less secure SMS-based two-factor authentication. The new feature allows users to use their device's face, fingerprint, or pin security to unlock and access the app. The introduction of passkeys is a step towards eliminating the need for memorizable passwords, which are prone to theft during data breaches or phishing attempts. The rollout for Android users is expected in the coming weeks.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 12:28 pm

GOOG

GOOGL

META

Meta Platforms Inc.'s Quest 3 headset has sparked privacy concerns due to its public recording capabilities. The device's passthrough video feature allows users to interact with the real world while wearing the headset, leading to instances of public recording. This has prompted discussions about the boundaries of technology and privacy. The situation is reminiscent of the public resistance faced by Alphabet Inc.'s Google Glass a decade ago. However, the Quest 3 differs in that bystanders may not easily discern when it's recording.

Portfolio Pulse from Ananya Gairola

October 17, 2023 | 12:25 pm

EIS

EWY

SPY

USO

South Korea's military has reported that North Korea appears to have military links with Hamas through arms trade. This news could potentially impact the geopolitical landscape and indirectly affect the performance of certain ETFs.

Portfolio Pulse from Charles Gross

October 17, 2023 | 11:15 am

AMD

Gamers are being banned from Counter-Strike 2 due to a feature in Advanced Micro Devices Inc.'s (NASDAQ:AMD) latest driver update. The Anti-Lag+ feature, introduced in the Adrenaline Edition 23.10.1 driver, improves frame syncing but is detected as tampering by the game, leading to bans. The issue also affects other games like Call of Duty: Modern Warfare 2, Apex Legends, and Call of Duty: Warzone 2. Gamers are advised to disable Anti-Lag+ until AMD issues a fix.

Portfolio Pulse from Rounak Jain

October 17, 2023 | 9:35 am