Streetbeat News

Security

REKR

Rekor Systems announced that its Rekor Scout and Rekor Discover platforms have successfully completed the SOC 2 Type II audit, joining the already SOC 2 compliant Rekor Command platform.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 11:37 am

MS

A luxury yacht sank off the coast of Sicily, leaving six passengers missing, including British tech entrepreneur Mike Lynch and Morgan Stanley International Chairman Jonathan Bloomer. The search for survivors continues, but hopes are fading. The incident has drawn international attention.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 3:38 am

EFXT

Enerflex has received a notice from its customer intending to terminate the EH Cryo project contract effective September 8, 2024. Enerflex views this as a wrongful attempt, following a Force Majeure notice due to a drone attack, and plans to dispute the termination.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:10 pm

MCHP

Microchip Technology (NASDAQ:MCHP) shares fell after the company reported a cybersecurity incident affecting its IT systems and business operations. The incident has disrupted server use and impacted manufacturing and order fulfillment. The financial impact is still being assessed.

Portfolio Pulse from Erica Kollmann

August 20, 2024 | 9:10 pm

MCHP

Microchip Technology shares fell after the company reported potentially suspicious activity in its IT systems. The impact on financial condition or operations is yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:33 pm

MCHP

Microchip Technology is investigating a suspicious IT activity incident and has not yet determined if it will materially impact their financial condition or operations.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:22 pm

MCHP

Microchip Technology detected potentially suspicious activity in its IT systems, leading to disruptions in some manufacturing facilities and business operations. The company is working to contain and remediate the issue.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:21 pm

FXI

SPY

President Biden has approved a new classified nuclear strategy focusing on the growing nuclear threat from China, alongside Russia and North Korea. This strategy marks a shift in U.S. nuclear deterrence, preparing for potential coordinated nuclear challenges from these nations. The strategy reflects concerns over China's rapid nuclear expansion and the emerging partnership between Russia and China.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:46 pm

LMT

Lockheed Martin's short interest has increased by 47.06%, with 2.51 million shares sold short, representing 1.25% of its float. This is below the peer group average of 2.98%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 3:45 pm

LAES

SEALSQ Corp (NASDAQ:LAES) is strengthening its position in the Autonomous Aerial Vehicles market through key partnerships with major drone manufacturers. Their semiconductors, compliant with NIST FIPS 140-2 and 140-3, are being adopted for secure data transmission and cyber threat protection.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:32 pm