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Prominent tech leaders have expressed their concerns and condemnation over the ongoing Israel-Hamas conflict. Sundar Pichai, CEO of Alphabet Inc., and Satya Nadella, CEO of Microsoft Corporation, have prioritized the safety of their employees in Israel. Elon Musk, CEO of Tesla Inc., criticized the rhetoric of Iranian Supreme Leader Ali Khamenei. Antonio Neri, CEO of Hewlett Packard Enterprise, and Marc Benioff, CEO of Salesforce.com, condemned the attacks and pledged support to their teams and victims. NVIDIA Corporation has cancelled its upcoming AI Summit, while Oracle and Intel are providing support and ensuring the safety of their employees.

Portfolio Pulse from Ananya Gairola

October 13, 2023 | 11:44 am

EIS

SPY

Israel's Defense Minister, Gallant, has announced plans to topple the Hamas government and destroy its military capability.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 11:43 am

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Shares of oil companies are trading higher due to the rise in crude oil prices following the US sanctions on two shipping companies for violating the price cap on Russian oil. The ongoing Israel-Hamas conflict has also contributed to supply uncertainty.

Portfolio Pulse from Bill Haddad

October 13, 2023 | 10:34 am

BIDU

China's National Information Security Standardization Committee has proposed a blacklist of sources that cannot be used for training generative AI models, including censored content. The proposal requires a comprehensive security assessment of the training data used in generative AI models. It also mandates organizations using individuals' personal information for AI model training to secure user consent. This comes as domestic tech firms like Baidu (NASDAQ:BIDU) have been granted permission to launch generative AI-driven services.

Portfolio Pulse from Ananya Gairola

October 13, 2023 | 3:57 am

EIS

SPY

USO

The White House's Kirby stated that there is no specific evidence implicating Iran in the recent attack on Israel, but broadly they are considered complicit. This statement could potentially impact the geopolitical landscape and related assets.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 5:37 pm

EIS

SPY

USO

The White House's Kirby has stated that the number of American hostages held by Hamas is still believed to be less than a handful. No specific impact on EIS, SPY, or USO is mentioned.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 5:18 pm

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The White House has reported that 27 Americans have died following a Hamas attack, with 14 still unaccounted for. Starting Friday, the U.S. government will arrange charter flights from Israel to Europe.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 5:16 pm

EIS

SPY

U.S. Secretary of State, Blinken, has met with families of Americans who were killed or taken hostage by Hamas in Israel. The U.S. is doing everything it can to secure the release of the hostages.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 4:26 pm