Streetbeat News

Security

NVO

Germany's federal drug regulator, BfArM, has warned pharmacies and drug distributors about counterfeit batches of Novo Nordisk's diabetes medication, Ozempic. The counterfeit injection pens closely resemble the authentic ones in terms of packaging. The regulator has assumed control of the investigation and has called upon distributors and pharmacies to exercise extreme caution. Novo Nordisk also faces significant challenges in ramping up production to meet the overwhelming demand for Ozempic and the weight-loss drug Wegovy.

Portfolio Pulse from Vandana Singh

October 12, 2023 | 11:36 am

EIS

SPY

USO

Syrian air defenses have launched in response to aerial attacks on airports in Damascus and Aleppo. The attacks are reportedly from Israel, according to Syria State TV.

Portfolio Pulse from Charles Gross

October 12, 2023 | 11:25 am

AAPL

Several iPhone users have reported that their devices are restarting overnight, potentially due to a bug in an Apple Inc. (NASDAQ:AAPL) app. The issue, dubbed 'sleepgate', has been reported by users of various iPhone models and iPads, even those not running the latest iOS 17 update. Some users suggest that the Apple Music app could be causing a memory overflow, leading to the devices rebooting.

Portfolio Pulse from Rounak Jain

October 12, 2023 | 8:57 am

BTCUSD

Hamas has reportedly received $41 million in cryptocurrency donations between August 2021 and June 2023, according to blockchain analytics platform Elliptic. The transactions were traced back to the cryptocurrency platform Binance. Israel has taken action against cryptocurrency accounts associated with Hamas. Bitcoin was trading at $26,837.77, down 0.85% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

October 12, 2023 | 4:25 am

EIS

SPY

USO

The U.S. State Department has raised the travel advisory for Israel and the West Bank to Level 3, advising citizens to reconsider travel due to terrorism and civil unrest. The travel advisory for Gaza remains at Level 4, advising against all travel due to terrorism, civil unrest, and armed conflict.

Portfolio Pulse from Charles Gross

October 11, 2023 | 9:41 pm

PAAS

Pan American Silver announced the resumption of operations at its La Colorada Mine in Mexico on October 16, 2023, following a temporary suspension due to security concerns after an armed robbery. No physical injuries were reported among the company's personnel.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 9:26 pm

GOOG

GOOGL

Teamsters union and community groups are uniting to protest at the launch of Waymo's self-driving trucks in Los Angeles County. The groups are concerned about job losses and safety issues.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:11 pm

EIS

EWQ

EWU

FXI

SPY

The UN Security Council is scheduled to meet on Friday to discuss the ongoing conflict between Israel and Gaza, according to Reuters citing diplomats. The meeting could potentially impact global markets and ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 7:46 pm

CZR

MGM

Stifel analyst Steven M. Wieczynski has reiterated a Buy rating on Caesars Entertainment, Inc. (NASDAQ:CZR), raising the price target to $80 from $74. The recent sell-off due to cyber-attacks has created a compelling entry point for CZR. The analyst highlights multiple catalysts that should drive shares higher and believes the long-term impact of the cyber-attacks should be minimal. The analyst also raised FY23E EPS to $4.12 from $3.98, with revenues of $11.56 billion.

Portfolio Pulse from Nabaparna Bhattacharya

October 11, 2023 | 6:35 pm

EIS

TSLA

UBS

As the conflict between Israel and Hamas escalates, Israel has formed a wartime cabinet and is preparing for a ground offensive in Gaza. The U.S. has pledged support to Israel, with a plane carrying ammunition landing in the country. ETFs investing in Israeli stocks, such as BlackRock's Ishares Msci Israel ETF (NYSE:EIS), are experiencing substantial outflows. UBS Group (NYSE:UBS) has postponed all business travel to the Middle East due to the conflict. Tesla (NASDAQ:TSLA) CEO Elon Musk announced that all Tesla-branded charging stations in Israel would be free.

Portfolio Pulse from Anthony Noto

October 11, 2023 | 6:08 pm