Streetbeat News

Security

MPW

Medical Properties Trust (MPT) has responded to a Wall Street Journal article regarding its investment in PHP Holdings LLC. MPT claims that the author disregarded information provided by the company and that the article was published before Prospect, who is dealing with a ransomware attack, could provide necessary clarifications.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 6:29 pm

FXI

SPY

The Biden administration has tightened controls on the export of materials and components for nuclear power plants to China. The Bureau of Industry and Security (BIS) and the Nuclear Regulatory Commission (NRC) now require exporters to get specific licenses for certain items. The move is seen as necessary to further the national security interests of the United States. Westinghouse, a U.S. company, has four AP1000 reactors in China. The changes are seen as more symbolic than substantive and are not expected to have a significant impact on China's nuclear weapons program.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 3:47 pm

SPY

VGK

The New York Times, citing U.S. officials, reports that the Ukraine war has resulted in nearly 500K troop deaths and injuries, with Russia's military casualties nearing 300K, including up to 120K deaths. Ukrainian deaths are estimated at around 70K, with 100K-120K wounded.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 3:43 pm

KMI

Kinder Morgan has reported an explosion and fire at one of its natural gas compressor stations due to an equipment failure near Centerville, Tennessee in Hickman County.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 3:39 pm

SPY

VGK

Belarus' President Lukashenko has stated that Russia is not pressuring Belarus to enter the war with Ukraine. He also mentioned that Belarus would resort to using tactical nuclear weapons if faced with aggression. Lukashenko added that Russia would never give up Crimea.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 4:21 pm

RBLX

Roblox (NYSE:RBLX) is under scrutiny following a short report by The Bear Cave, which alleges the company has facilitated child abuse cases, and that its games include inappropriate content. The report also claims that users are encouraged to commit ad fraud and gambling activities to earn free Robux, the in-game currency. Roblox shares are down 4% to $28.01 at the time of writing, and have fallen 41% over the last year.

Portfolio Pulse from Chris Katje

August 17, 2023 | 3:17 pm

RBLX

The Bear Cave has published a report alleging that Roblox (NYSE:RBLX) has facilitated hundreds of known child abuse cases, with popular Roblox game developers being arrested on child abuse allegations. The report also claims that Roblox games include images of dismembered bodies and Nazi logos, and the company has been linked to child suicide attempts and the widespread production of child pornography. The Bear Cave believes Roblox has facilitated more child abuse than any public company in history.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 2:32 pm

BNBUSD

Nearly half of the proceeds from financial scams in Australia are being laundered through cryptocurrency platforms, according to the Australian Financial Crimes Exchange (AFCX). The AFCX estimates that Australians lost over $3 billion to financial scams in the past year. Banks have responded by imposing limitations on transfers to certain crypto exchanges deemed high-risk. Binance (CRYPTO: BNB), which faces legal challenges, has had transfers halted by many banks.

Portfolio Pulse from Murtuza Merchant

August 17, 2023 | 1:19 pm

FSLY

Fastly, Inc. (NYSE:FSLY) has announced the acquisition of Domainr, a real-time domain availability API provider, and the general availability of Certainly, its TLS Certification Authority. These developments aim to enhance trust and security for Fastly's customers and across the internet. The acquisition of Domainr will allow Fastly to integrate Domainr's real-time domain availability API into its services and infrastructure. The launch of Certainly will provide Fastly customers with trusted TLS certificates, enhancing security and legitimacy of their websites or applications.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 12:42 pm