Streetbeat News

Security

DDOG

Shares of Datadog (DDOG) are trading higher due to a rebound in cybersecurity stocks.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:30 pm

EWU

FXI

MSFT

SPY

The UK's National Cyber Security Centre (NCSC) is collaborating with Microsoft to understand the impact of a Chinese hack that affected US government agencies. The extent of the damage and the potential implications for the UK are currently under investigation.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:43 pm

SPY

VGK

President Biden has stated that Russia is already interfering in American elections. However, he does not believe there is a real prospect of Putin using nuclear weapons.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 3:00 pm

EFNL

EWD

SPY

VGK

President Biden has stated that Finland and Sweden joining NATO would make the world safer. This could potentially impact the ETFs EFNL (iShares MSCI Finland ETF), EWD (iShares MSCI Sweden ETF), SPY (SPDR S&P 500 ETF Trust), and VGK (Vanguard FTSE Europe ETF).

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:59 pm

EFNL

SPY

VGK

President Biden has stated that the US will defend every inch of NATO territory, including Finland. This statement could potentially impact the geopolitical landscape and the performance of related ETFs.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:48 pm

ADBE

AMZN

GOOG

HYMTF

MDT

META

PEP

SONY

TSLA

VSAT

XOM

Several companies have made significant announcements. Meta Platforms is preparing to launch a commercial version of its AI model, competing with Microsoft and Alphabet. Viasat shares dropped after an unexpected event during satellite deployment. The UK's CMA is investigating Adobe's $20B acquisition of Figma. PepsiCo reported better than expected Q2 earnings. Exxon Mobil is acquiring Denbury for $4.9B. Hyundai's Kia is investing $200M in a Georgia facility. Medtronic is facing a whistleblower lawsuit alleging a bribery scheme. The FDA is reviewing an energy drink founded by YouTube stars. Google is launching its AI chatbot, Bard, in Europe and Brazil. The NLRB filed a complaint against Amazon. Tesla plans to sell a $1,670 electric quad bike for children in China. JD.com is developing AI applications. Carlyle Group and Trustar Capital plan to exit part of their stakes in McDonald's China. Sony is ramping up R&D spending in its game business.

Portfolio Pulse from Vandana Singh

July 13, 2023 | 2:10 pm

CAG

Conagra Brands (CAG) estimates that its Q4 volume was impacted by transitory supply chain disruptions due to a cybersecurity incident at Americold.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 1:52 pm

CELUSD

LUNAUSD

Alex Mashinsky, the former CEO and co-founder of the now-defunct cryptocurrency lender Celsius (CRYPTO: CEL), was arrested following a Department of Justice inquiry into the company's downfall. The Securities and Exchange Commission (SEC) has filed a lawsuit against Mashinsky and Celsius for securities fraud. The Commodity Futures Trading Commission and Federal Trade Commission have also taken legal actions. The collapse of the TerraUSD (CRYPTO: LUNA) stablecoin and a downturn in the digital-asset markets left Celsius with a significant deficit, leading to its inability to handle customer withdrawal requests.

Portfolio Pulse from Murtuza Merchant

July 13, 2023 | 1:51 pm

ROKU

DoubleVerify (DV) and Roku have announced they will continue to collaborate and conduct investigations into emerging ad fraud schemes within the TV streaming industry. This follows their success in neutralizing SmokeScreen, a sophisticated ad fraud scheme. The companies aim to identify and curb new fraud schemes, preserving advertiser confidence and securing the integrity of the CTV advertising ecosystem. They will leverage Roku's Advertising Watermark technology and DV's Fraud Lab and anti-fraud solutions.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:08 pm

GOOG

GOOGL

VGK

Google has released its chatbot in Europe after addressing privacy concerns, as reported by Financial Times. The move is expected to enhance Google's presence in the European market.

Portfolio Pulse from Charles Gross

July 13, 2023 | 9:12 am