Streetbeat News

Security

FDX

FedEx Corp is closely monitoring the situation on the Philadelphia I-95 highway collapse and making adjustments accordingly. The impact on their operations has been minimal to-date.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:33 pm

GFS

LMT

Lockheed Martin and GlobalFoundries announced a strategic collaboration to advance U.S. semiconductor manufacturing, innovation, and supply chain security for national security systems. The partnership aims to explore critical needs in semiconductor innovation and secure manufacturing across various advanced chip technologies.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:32 pm

SPY

UPS

UPS is assessing the impact of the Philadelphia I-95 highway collapse and making contingency plans to avoid the area.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:08 pm

RTX

Raytheon Technologies has delivered its fourth combat-ready laser weapon system, H4, to the U.S. Air Force. The 10kW palletized laser weapon can be moved and mounted anywhere and is designed to protect against short-range aerial threats.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:06 pm

AAPL

BTCUSD

QCOM

TSLA

Over the weekend, headlines included Trump's defiance of indictment, Peter Schiff's claim that the US banking system is insolvent, increasing Tesla Autopilot accidents, Larry Summers' warning of a red-hot US economy with inflation, and a potential steepening of the Bitcoin sell-off.

Portfolio Pulse from Shanthi Rexaline

June 12, 2023 | 12:36 pm

BTCUSD

ETHUSD

North Korean hackers have reportedly stolen billions of dollars in cryptocurrency to fund its missile program, with Sky Mavis, the company behind blockchain-based game Axie Infinity, being a notable target. The US Treasury Department identified the hackers as the Lazarus Group from North Korea.

Portfolio Pulse from Mehab Qureshi

June 12, 2023 | 5:23 am

TSLA

Tesla's Autopilot system has been involved in 736 accidents and 17 fatalities in the US since 2019, according to a Washington Post analysis of National Highway Traffic Safety Administration data. The recent data shows a significant increase in fatalities compared to a June 2022 report. The NHTSA is currently investigating Tesla Autopilot and its full-self driving features.

Portfolio Pulse from Shanthi Rexaline

June 11, 2023 | 5:46 pm

HAYN

Haynes International (NASDAQ:HAYN) announced a network outage on Saturday, indicating a potential cybersecurity threat. The company is working with third-party specialists to investigate the issue and restore full functionality.

Portfolio Pulse from Charles Gross

June 11, 2023 | 2:07 pm

ETHUSD

Ethereum co-founder Vitalik Buterin has highlighted three crucial transitions for Ethereum's future: scalability, wallet security, and privacy. He warned that high transaction costs could force products to opt for centralized solutions if Ethereum doesn't achieve scaling. Buterin also emphasized the need for smart contract wallets and privacy-preserving transactions.

Portfolio Pulse from Bibhu Pattnaik

June 11, 2023 | 12:48 pm