Streetbeat News

Security

EIS

SPY

USO

The Israeli Army has reported that it is responding to artillery launches from Lebanon. This geopolitical tension could potentially impact the performance of certain ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:53 pm

OXY

Shares of Occidental Petroleum Corp (NYSE:OXY) are trading higher by 4.35% amid growing oil supply concerns due to the Israel-Hamas conflict. The conflict has led to increased oil price volatility, which benefits OXY as higher oil prices can increase its revenue and profitability. Any disruptions in the global oil supply due to geopolitical conflicts can impact oil prices and benefit oil companies like Occidental Petroleum.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 6:53 pm

EIS

SPY

USO

Netanyahu has stated that the presence of U.S. aircraft carriers in the region is significant to their enemies. He also equated the atrocities committed by Hamas to those of ISIS.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:46 pm

EIS

SPY

USO

Israeli Prime Minister Netanyahu has announced that a number of Palestinian gunmen are still inside Israel. No specific impact on US-listed companies or ETFs is mentioned in the article.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:44 pm

EIS

SPY

USO

Hezbollah has reportedly fired on North Israel, according to Reuters citing two security sources. The news may have implications for the iShares MSCI Israel ETF (EIS), SPDR S&P 500 ETF Trust (SPY), and United States Oil Fund LP (USO).

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:34 pm

CRWD

PANW

Cybersecurity stocks, including CRWD and PANW, are trading higher amid the ongoing Israel-Hamas conflict.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 6:11 pm

GMDA

Gamida Cell Ltd. (NASDAQ:GMDA) has issued an update on its operations in Israel amidst recent attacks. The company's President and CEO, Abbey Jenkins, confirmed that all employees are safe and the manufacturing facility is operational. The company is committed to serving its customers and patients and will continue to monitor the situation closely.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:01 pm

EGPT

EIS

SPY

USO

VGK

Operations at the Rafah Crossing between Gaza and Egypt's Sinai Peninsula have been disrupted due to a nearby strike, according to Reuters citing Egyptian security sources and a witness.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:23 pm

HUBC

Shares of Hub Cyber Security Ltd. (NASDAQ:HUBC) have surged more than 100% since Friday, possibly due to the conflict between Israel and Hamas, which has increased the potential for cyberattacks. The company recently announced the appointment of Noah Hershcoviz as chief strategy officer and Shai Schiller as a member of the strategy team. Trading volume for HUBC has also significantly exceeded its 100-day average.

Portfolio Pulse from Erica Kollmann

October 09, 2023 | 5:08 pm

CRWD

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares are trading higher, setting a new 52-week high at $185.25. The conflict between Israel and Hamas has increased the possibility of cyberattacks, leading to heightened investor interest in CrowdStrike. The company's stock is trading well above its 50-day moving average of $158.68. CrowdStrike, in partnership with Amazon Web Services (AWS), has announced the creation of the AWS & CrowdStrike Cybersecurity Startup Accelerator for EMEA-based startups.

Portfolio Pulse from Erica Kollmann

October 09, 2023 | 5:06 pm