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The U.S. national security panel has delayed its decision on Nippon Steel's $14 billion bid for U.S. Steel until after the presidential election, due to national security concerns. The Committee on Foreign Investment in the United States (CFIUS) will allow the companies to refile their application, initiating a new 90-day review period. The deal faces opposition from political figures and the United Steelworkers union.

Portfolio Pulse from Benzinga Neuro

September 18, 2024 | 2:40 am

USO

A coordinated attack in Lebanon involving exploding Hezbollah pagers has resulted in numerous casualties. The U.S. claims no prior knowledge of the attack, which Hezbollah blames on Israel. The incident has heightened tensions in the ongoing conflict between Israel and Hezbollah, impacting markets such as the United States Oil Fund (USO), which saw a price increase.

Portfolio Pulse from Anthony Noto

September 17, 2024 | 8:30 pm

CSCO

Cisco has conducted its second layoff of 2024, affecting thousands of employees, including those in its Talos Security unit. The company aims to invest in growth opportunities and drive efficiencies despite reporting a strong financial year. The layoffs have created a toxic work environment, and there is no indication of executive pay cuts.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:35 pm

CRWD

CrowdStrike and Dazz have announced a partnership to enhance cloud security through CrowdStrike Falcon Cloud Security, integrating Dazz's security remediation insights. This collaboration aims to provide comprehensive cloud security with actionable recommendations for code fixes and remediation.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:04 pm

NET

Cloudflare is experiencing a rolling outage affecting website access in various regions. The outage coincides with scheduled maintenance in Singapore and Nashville, but Cloudflare's status page shows no issues. Users report access problems, particularly over IPv4, while IPv6 remains accessible.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:57 pm

EIS

ISRA

SPY

The U.S. State Department is seeking a diplomatic resolution to the Israel-Hezbollah conflict and is concerned about potential escalation in the Middle East. The department urges Iran not to exploit the situation and states it's too early to assess the impact of a recent attack on Gaza ceasefire talks.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:00 pm

CRWD

ZS

Zscaler and CrowdStrike have announced AI-powered zero trust integrations aimed at enhancing security operations. These integrations focus on advanced threat detection, response, and risk management.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:04 pm

EIS

ISRA

The article discusses a statement from Lebanon's Hezbollah, warning that Israel will receive 'its fair punishment'. This geopolitical tension could impact markets, particularly those related to Israel and the broader Middle East region.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:03 pm

USO

Simultaneous explosions of encrypted communication devices across Lebanon have left over 1,000 Hezbollah militants wounded, marking a significant blow to the group. Despite escalating tensions, financial markets, including oil prices and currency markets, have shown limited reaction.

Portfolio Pulse from Piero Cingari

September 17, 2024 | 3:56 pm