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Security

BA

ITA

LMT

Saudi Arabia is negotiating a defense pact with the U.S., which could reshape Middle East geopolitics. The pact may not provide robust defense guarantees but could mirror U.S. agreements with Asian states or the U.S.-Bahrain pact. The deal could make Saudi Arabia a major non-NATO ally, granting it access to advanced U.S. weaponry. The pact could align Saudi Arabia and Israel, and strengthen ties between Riyadh and Washington, D.C., against China's increasing influence in the region. The news had little impact on U.S. defense stock prices, with the iShares U.S. Aerospace & Defense ETF (NYSE:ITA), Boeing Co. (NYSE:BA), and Lockheed Martin Corp. (NYSE:LMT) showing minor changes.

Portfolio Pulse from Piero Cingari

September 29, 2023 | 3:25 pm

BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad', expressed concerns about the potential introduction of a Central Bank Digital Currency (CBDC), suggesting it could erode privacy and increase surveillance. He suggested that traditional assets like gold, silver, Bitcoin, and cash could become invaluable in an era dominated by CBDCs. His comments were spurred by Citibank's announcement about implementing blockchain technology for instant cross-border transactions. The Federal Reserve acknowledges the potential advantages of CBDCs but has not yet unveiled concrete plans for its implementation.

Portfolio Pulse from Mehab Qureshi

September 29, 2023 | 9:59 am

BX

GS

MSFT

Anthony Viggiano, a former Goldman Sachs financial analyst, has been charged by the SEC with conducting insider trading using Microsoft's Xbox audio chat service. Viggiano allegedly generated over $400,000 in illicit gains through this scheme, trading insider secrets about upcoming deals. He worked for Goldman Sachs and Blackstone Inc.

Portfolio Pulse from Rounak Jain

September 29, 2023 | 8:54 am

AAPL

Cybersecurity research firm Kasada reported that bots were used to place thousands of pre-orders for the newly launched iPhone 15 models by Apple Inc. (NASDAQ:AAPL). These bots are linked to All-In-One (AIO) services known for scalping popular electronics. One AIO bot claimed to have secured nearly 2,500 iPhone 15 devices, fetching potential profits of approximately $750,000 for scalpers. Kasada warned that this could lead to increased operational costs and damage to brand reputation.

Portfolio Pulse from Benzinga Neuro

September 28, 2023 | 3:31 pm

JCI

Johnson Controls experienced a cybersecurity incident, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:22 pm

AWRE

Aware, Inc. (NASDAQ:AWRE) has launched a formal partner program to provide greater clarity and transparency around its products, roadmap, and pricing. The program also offers incentives for current and future partners. The move comes as the market for biometric authentication is expected to double by 2025. The program will allow technology providers to leverage biometrics to differentiate their offerings and increase revenue streams.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:06 pm

XPRO

Expro has suspended its vessel-deployed Lightwell Intervention (LWI) operations following an incident. The company is currently working with stakeholders and independent experts to assess the situation and plan the recovery operation.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:15 am

MSFT

Chinese hackers reportedly accessed approximately 60,000 U.S. State Department emails through a vulnerability in Microsoft Corporation’s email platform. The cyberattack compromised ten State Department accounts, primarily those involved in Indo-Pacific diplomatic efforts. The incident has raised questions about Microsoft’s significant role in providing IT services to the U.S. government. In response, the State Department is transitioning toward “hybrid” environments involving multiple vendors and enhanced multi-factor authentication.

Portfolio Pulse from Ananya Gairola

September 28, 2023 | 3:52 am

JCI

Johnson Controls has experienced disruptions in parts of its internal IT infrastructure and applications due to a cybersecurity incident. While many applications remain operational, the incident has caused and is expected to continue causing disruptions to business operations. The company is assessing whether this will impact the timely release of its Q4 and full fiscal year results, as well as its financial results.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 9:22 pm

ASNS

Actelis has achieved Third Party Validation for FIPS cyber protection standard required by government agencies, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:44 pm