Streetbeat News

Security

SPY

President Biden announced plans to expedite funding to strengthen Ukraine's position in future negotiations and address its defense needs. This move could have implications for defense-related stocks and broader market indices.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:22 pm

BTCUSD

SEC Chair Gary Gensler emphasized the need for investor protection in the crypto industry, stating that the sector will struggle without it. He clarified that Bitcoin is not classified as a security, providing clarity amid regulatory debates.

Portfolio Pulse from Murtuza Merchant

September 26, 2024 | 5:35 pm

FXI

China's newest nuclear-powered attack submarine sank in the spring, marking a significant setback for its military modernization efforts. The incident occurred at a shipyard near Wuhan and was initially covered up by Chinese authorities.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:07 pm

EIS

ISRA

The President of the State of Palestine, Mahmoud Abbas, has stated that Israel has almost entirely destroyed Gaza, rendering it unfit for life. This statement highlights the ongoing conflict and its severe impact on the region.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:44 pm

SPY

The Federal Reserve is considering a new liquidity rule that would be linked to uninsured deposits, as stated by Fed's Barr. This move aims to enhance financial stability by ensuring banks have sufficient liquidity to cover potential deposit outflows.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:31 pm

IYG

V

XLF

Visa Inc. is acquiring AI fraud specialist Featurespace to enhance its payment security solutions. This acquisition aims to bolster Visa's fraud detection capabilities and support global clients. The deal is expected to close in fiscal year 2025. Visa shares rose 1.21% following the announcement.

Portfolio Pulse from Lekha Gupta

September 26, 2024 | 2:02 pm

IVDA

Iveda (NASDAQ:IVDA) has been selected by ColoBarn to enhance the security of its data centers in Arizona and Florida using IvedaAI technology. This partnership aims to improve security management through advanced AI analytics.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:35 pm

AEYE

AudioEye has achieved HIPAA compliance and SOC 2 Type II certification, enhancing its credibility and trustworthiness in handling sensitive data. This development is significant for the company's operations in sectors requiring high data security standards, such as healthcare and finance.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:33 pm

EIS

ISRA

The Israeli military is conducting precise strikes in Beirut, which could impact geopolitical stability and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:20 pm

EVLV

Evolv Technology has partnered with Hornets Sports & Entertainment to become the Official Fan Screening Provider for the Charlotte Hornets. Evolv's AI-based screening systems will be used at Spectrum Center's entrances as part of a renovation project to enhance guest experience.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:03 pm