FIT Hon Teng (OTC:FITGF) Stock, Quote.Headers.trade-ideas

FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.

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FIT Hon Teng Ltd

Wolfe Research analyst Myles Walton upgrades L3Harris Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) from Peer Perform to Outperform and announces $300 price target.

News

Upgrades

Price Target

Analyst Ratings

Wolfe Research Upgrades L3Harris Technologies to Outperform, Announces $300 Price Target

Needham analyst Laura Martin reiterates Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) with a Hold.

Reiteration

Needham Reiterates Hold on Warner Bros. Discovery

ChatGPT-parent OpenAI&nbsp;has disclosed that its platform is being misused by malicious entities to meddle with democratic elections across the globe.
What Happened: According to the 54-page report published on Wednesday, OpenAI has thwarted over 20 global operations and deceptive networks that sought to misuse its models. The threats ranged from AI-generated&nbsp;website articles to social media&nbsp;posts by fake accounts.
It also highlights&nbsp;that election-related uses of AI&nbsp;ranged from simple content generation requests&nbsp;to complex, multi-stage efforts to&nbsp;analyze and respond to social media posts.
&#8220;Threat actors continue to evolve and experiment with our models, but we have not seen evidence of this leading to meaningful breakthroughs in their ability to create substantially new malware or build viral audiences,&#8221; the AI startup stated.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41220759/nvidia-ceo-jensen-huang-once-spoke-about-the-importance-of-every-country-needing-a-sovereign-ai-but?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia CEO Jensen Huang Once Spoke About The Importance Of Every Country Needing A Sovereign AI — But What Exactly Is This?</a>
The majority of the social media content is related to elections in the U.S. and Rwanda, and to a lesser extent, elections in India and the EU.
Despite these attempts, OpenAI stated that none&nbsp;of the election-related operations were&nbsp;able to attract viral engagement or build sustained audiences using its tools.
OpenAI also said that a suspected China-based threat actor, &#8220;SweetSpecter,&#8221; attempted to spear phish its employees&#8217; personal and corporate email accounts but was unsuccessful.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: OpenAI&#8217;s report comes less than a month before the U.S. presidential election. Kamala Harris has a slight edge over Donald Trump, <a href="https://www.benzinga.com/news/24/10/41249424/trump-vs-harris-democratic-candidate-holds-narrow-lead-over-ex-president-in-tightening-race-new-poll">according to a recent Reuters/Ipsos poll.</a> The poll shows Harris leading with 46% compared to Trump's 43%, reflecting a closer contest as Trump reduces his previous six-point gap.
Earlier this year,&nbsp;AI image creation tools from OpenAI and Microsoft Corp&nbsp;were reported to be used for spreading <a href="https://www.benzinga.com/news/24/03/37516234/alarm-bells-ring-as-ai-generated-from-openai-microsoft-image-tools-fuel-election-misinformation-scan">election-related disinformation</a>.
Previously, networks associated with Russia, China, Iran, and Israel&nbsp;have been found <a href="https://www.benzinga.com/news/24/05/39107044/from-ukraine-to-gaza-openai-reveals-its-ai-models-exploited-for-global-disinformation-by-russia-chin">exploiting OpenAI&#8217;s AI tools</a> for global disinformation.
In February 2024, AI chatbots like GPT-4 and Google's Gemini were found to be spreading false and misleading information about <a href="https://www.benzinga.com/news/24/02/37354020/ai-reportedly-fails-voters-with-wrong-harmful-answers-on-us-elections-chatbots-not-ready-for-primeti">the U.S. presidential primaries</a>. 
Following this, Google took&nbsp;<a href="https://www.benzinga.com/news/24/03/37651538/googles-ai-chatbot-gemini-takes-a-step-back-from-election-talk-to-prevent-misinformation">preemptive measures</a>&nbsp;to prevent its AI chatbot, Gemini, from becoming a source of misinformation.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Supplier Foxconn To Build World&#8217;s Largest Nvidia Superchip Factory Amid Soaring AI Demand</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Generated Using Midjourney

Politics

Tech

GOOGL

MSFT

Ahead Of Trump Vs. Harris Faceoff, ChatGPT Parent OpenAI Uncovers Election Interference Misuse, But Sees No 'Meaningful Breakthrough'

HSBC analyst Santhosh Seshadri downgrades Arcadium Lithium (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) from Buy to Hold.

Downgrades

ALTM

HSBC Downgrades Arcadium Lithium to Hold

Q3 2024 Production highlights
<ul>
<li>Gold equivalent production of 110,820 ounces1; compared to 128,671 oz Au Eq in Q3 20232 and 116,570 oz Au Eq in Q2 20243</li>
<li>Gold production of 91,251 ounces; compared to 94,821 oz Au in Q3 20232 and 92,716 oz Au in Q2 20243</li>
<li>Silver production of 816,187 ounces; compared to 1,680,751 oz Ag in Q3 20232 and 990,574 oz Ag in Q2 20243</li>
<li>Zinc and lead production of 12.8 million and 10.0 million pounds; compared to 14.0 million and 10.3 million pounds in Q3 20232, respectively</li>
</ul>

Earnings

Commodities

Markets

Fortuna Mining Reports Production Results For The Third Quarter Of 2024 From Its Five Operating Mines In West Africa And Latin America

ALVO

Alvotech Says European Medicines Agency Has Accepted Marketing Authorization Application For AVT03, A Proposed Biosimilar Candidate To Prolia And Xgeva

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) robotaxi to be unveiled on Thursday is expected to have two front seats and doors that open upward like butterfly wings, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-10-09/elon-musk-readies-the-robotaxi-he-is-betting-tesla-s-future-on">reported</a> on Wednesday, citing people familiar with the matter.
Updates To Watch For: In addition to unveiling the robotaxi, Tesla CEO Elon Musk will also talk about the company&#8217;s intent to develop its full self-driving driver assistance software for its Semi truck at the event, Bloomberg said, citing sources. However, there will not be a demonstration of the Semi with FSD on Thursday, the report added.
Tesla deployed FSD on its Cybertruck &#8211; its latest vehicle offering &#8211; last month. Currently, all Tesla vehicles in production have the technology deployed. The Tesla Semi is only in pilot production.
Event Location And Schedule: The robotaxi unveiling event titled &#8220;We, Robot&#8221; will start at 7 p.m. California time at Warner Bros. Discovery Inc.'s movie studio near Los Angeles.&nbsp;The event will also be streamed live on social media platform X. 
Other Speculations: The robotaxi unveiling event was initially slated for Aug. 8. The company delayed it to Oct. 10 to make a few important changes aimed at improving the robotaxi and to give itself time to prepare a &#8220;couple of other things&#8221; to showcase at the event, Musk&nbsp;said in July.
Deepwater Asset Management's Managing Partner&nbsp;Gene Munster previously said that he<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41181089/tesla-robotaxi-event-might-have-3-product-announcements-but-will-likely-be-light-on"> expects three vehicles </a>to be announced at the event including a cheaper vehicle model priced around $25,000, a robotaxi, and a robovan. 
Available Details On Robotaxi: During Tesla's first-quarter earnings call, Musk casually referred to the company&#8217;s dedicated robotaxi product as the &#8220;Cybercab.&#8221; It is unclear if this is a placeholder or the final name. 
According to Musk&#8217;s biography by Walter Isaacson published last year, the robotaxi will have <a href="https://www.benzinga.com/news/23/09/34387517/elon-musk-says-teslas-robotaxi-will-look-like-the-future-remains-mum-on-25k-model-2">no steering wheel or pedals</a> as Musk was resolute that the company would not build an &#8216;amphibian frog&#8217; design that will have removable pedals or wheels.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41264769/teslas-latest-fsd-update-smooths-out-jittery-car-visualizations-fixing-4-year-bug" target="_blank" rel="noreferrer noopener">Tesla's Latest FSD Update Smooths Out Jittery Car Visualizations, Fixing 4-Year Bug</a></li>
</ul>
Image generated using Midjourney

TSLA

Tesla's Robotaxi To Take Flight With Doors That Open Like Butterfly Wings: Report

Following the success of &#8220;Oppenheimer,&#8221; renowned director&nbsp;Christopher Nolan&nbsp;has reportedly joined forces with actor&nbsp;Matt Damon&nbsp;for a new IMAX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IMAX#NYSE">IMAX</a>) film. 
What Happened: Nolan, who bagged an Oscar for &#8220;Oppenheimer,&#8221; is returning to Universal Pictures, which is owned by the&nbsp;Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) for his upcoming project, <a href="https://deadline.com/2024/10/christopher-nolan-new-movie-matt-damon-release-date-1236099940/">reported</a> Deadline, citing sources.
The film is set for an IMAX&nbsp;release on July 17, 2026,&nbsp;and shooting could start in early 2025.
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41222158/apples-smart-ring-could-launch-by-2026-in-line-with-tim-cooks-health-centric-vision?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s Smart Ring Could Launch By 2026 In Line With Tim Cook&#8217;s Health-Centric Vision, Says Analyst: &#8216;One Of His Major Legacies From Apple Would Be Around Personal Health&#8217;</a>
This will be the third collaboration between Damon and Nolan, following &#8220;Interstellar&#8221; and &#8220;Oppenheimer.&#8221;
Nolan is known for his tendency to reteam with actors, and Damon joins Christian Bale and Cillian Murphy in the list of actors who&nbsp;have worked with Nolan on&nbsp;multiple occasions.
With the project now officially underway, it is expected to attract a host of A-list talent to join Damon in the ensemble cast, the report noted.
Why It Matters: Nolan&#8217;s decision to continue with Universal is not surprising, considering the success of &#8220;Oppenheimer.&#8221; 
The film raked in $328.9 million domestically and $975.6 million worldwide, <a href="https://www.benzinga.com/general/entertainment/24/03/37600557/oppenheimer-scoops-the-96th-academy-awards-with-7-oscars-emma-stone-a-second-actress-award-">bagging seven Oscars</a> including Best Picture and Best Director.
&#8220;Oppenheimer&#8221; significantly contributed to Comcast&#8217;s third-quarter <a href="https://www.benzinga.com/news/earnings/23/10/35437693/comcast-says-oppenheimer-grossed-more-than-900m-loses-broadband-subs-in-q3-stock-tanks">financial year 2023 revenue</a> growth. The company reportedly revenue growth reaching $30.12 billion, surpassing the expected $29.69 billion at the time.
Peacock, a streaming service owned by NBCUniversal, a subsidiary of Comcast, reported an almost 80% year-over-year increase, reaching 28 million. The platform&#8217;s revenue surged by 64%, hitting $830 million during the same time.
Similarly, <a href="https://www.benzinga.com/news/earnings/23/10/35416714/imax-q3-earnings-smashes-estimates-on-box-office-strength">IMAX&#8217;s third-quarter earning</a> in financial year 2023 was also driven by the success of Oppenheimer.
At the time, IMAX reported a 51% year-over-year increase in sales, reaching $103.90 million, surpassing the analyst consensus of $100.72 million.
The movie company also noted that the third quarter was its second-highest-grossing quarter ever at the IMAX global box office.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41219900/mark-cuban-on-how-tv-will-evolve-in-the-future-says-he-saw-the-rise-of-netflix-like-platforms-before?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban On How TV Will Evolve In The Future, Says He Saw The Rise Of Netflix-Like Platforms Before They Existed: &#8216;We Were YouTube Before YouTube&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Entertainment

Media

CMCSA

IMAX

Christopher Nolan Taps Matt Damon For Mystery 2026 IMAX Epic: Is Universal's Big Bet Likely To Payoff?

Needham analyst Serge Belanger maintains Clearside Biomedical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSD#NASDAQ">CLSD</a>) with a Buy and raises the price target from $4 to $6.

CLSD

Needham Maintains Buy on Clearside Biomedical, Raises Price Target to $6

Rep. Marjorie Taylor Greene (R-Ga.), although not a <a href="https://www.benzinga.com/money/what-stocks-does-nancy-pelosi-own">prolific stock trader like former House Speaker </a>and Congresswoman Nancy Pelosi (D-Calif), is relatively active in churning her portfolio. A filing by the firebrand Republican earlier this week showed that she picked up some key tech stocks and also bought Treasury bills.
Greene Increases Chip Exposure: Greene picked up stocks of major chip-equipment makers, including Dutch company ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) and its U.S. peers Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) and Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>). She has bought shares worth $1,001-$15,000 in each of these companies.
&nbsp;The disclosure was made as a mandatory requirement necessitated by the &#8220;Stock Trading on Congressional Knowledge Act.&#8221; This act mandates U.S. lawmakers to publicly disclose financial transactions within 45 days of occurrence, typically within a value range.
Semiconductor equipment makers may be one way of gaining exposure to the hot-and-happening AI chip stocks that have run up sharply this year. As opposed to Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) year-to-date gain of 168%, Applied Materials has advanced a more modest 27%, Lam Research about 9.5% and ASML 12.4%.
See Also: <a href="https://www.benzinga.com/news/24/10/41263614/marjorie-taylor-greene-sticks-to-weather-modification-theories-amid-ongoing-hurricane-emergency-gets">Marjorie Taylor Greene Sticks To Weather Modification Theories Amid Ongoing Hurricane Emergency — Gets Head Examination Advice From Florida Republican</a>
JPMorgan Snapped Up Ahead Of Earnings: Green also picked up $1,000 to $15,000 worth of shares of big bank JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>). The company is due to report its third-quarter results before the market opens on Friday, with analysts&#8217; modeling earnings per share of $4.01, down from $4.33 reported for the year-ago quarter. Analysts, on average, expect 5% year-over-year revenue growth to $41.65 billion.
Other Purchases: The congresswoman&#8217;s other purchases include:
<ul>
<li>Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>): $1,001 to $15,000</li>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>): $1,001 to $15,000</li>
<li>FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>): $1,001 to $15,000</li>
<li>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): $1,001 to $15,000</li>
<li>Visa, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>): $1,001 to $15,000</li>
</ul>
Greene also bought U.S. Treasury bills amounting to $50,001 to $100,000.
All the transactions reported were made on Oct. 4
The congresswoman&#8217;s trades assume importance as the broader S&amp;P 500 Index is at a record high. The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the S&amp;P 500 Index, rose 0.69% to $577.14 on Wednesday, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data.</a>
Did You Know?
<ul>
<li>Congress Is Making Huge Investments.&nbsp;<a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Image via Flickr/ Gage Skidmore

Equities

Trading Ideas

AMAT

ASML

COST

DELL

LRCX

NVDA

Marjorie Taylor Greene Boosts Stock Portfolio With AI Exposure, Buys JPMorgan And This Hot Magnificent 7 Stock: Here're Congresswoman's Latest Trades

Piper Sandler analyst Brent Bracelin maintains Freshworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>) with a Overweight and lowers the price target from $17 to $13.

FRSH

Piper Sandler Maintains Overweight on Freshworks, Lowers Price Target to $13

<a href="https://www.wsj.com/finance/regulation/td-bank-faces-3-billion-in-penalties-and-growth-restrictions-in-u-s-settlement-3e09a705?mod=Searchresults_pos1&amp;page=1" title="https://www.wsj.com/finance/regulation/td-bank-faces-3-billion-in-penalties-and-growth-restrictions-in-u-s-settlement-3e09a705?mod=Searchresults_pos1&amp;page=1">https://www.wsj.com/finance/regulation/td-bank-faces-3-billion-in-penalties-and-growth-restrictions-in-u-s-settlement-3e09a705?mod=Searchresults_pos1&amp;page=1</a>

Legal

The Wall Street Journal Reported Wednesday, TD Bank Expected to Pay ~$3B in Penalties As Part Of Anti-Money-Laundering Settlement

Piper Sandler analyst Brent Bracelin maintains Braze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) with a Overweight and lowers the price target from $51 to $40.

BRZE

Piper Sandler Maintains Overweight on Braze, Lowers Price Target to $40

The Internet Archive, a <a href="https://www.benzinga.com/topic/internet-archive">global digital library</a>, has suffered a significant security breach and a DDoS attack, compromising data of 31 million accounts.
What Happened: Visitors to The Internet Archive encountered a pop-up message indicating a hack. The site&#8217;s founder, Brewster Kahle, later confirmed the breach, which involved a defacement of the website via a JavaScript library.
The pop-up message stated, &#8220;Have you ever felt like the Internet Archive runs on sticks and is constantly on the verge of suffering a catastrophic security breach? It just happened. See 31 million of you on HIBP!&#8221;
HIBP, or Have I Been Pwned? &#8211; is a platform where users can verify if their data has been exposed to cyber-attacks.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">What we know: DDOS attack–fended off for now; defacement of our website via JS library; breach of usernames/email/salted-encrypted passwords. What we've done: Disabled the JS library, scrubbing systems, upgrading security. Will share more as we know it.
&mdash; Brewster Kahle (@brewster_kahle) <a href="https://twitter.com/brewster_kahle/status/1844183111514603812?ref_src=twsrc%5Etfw">October 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Troy Hunt, the operator of HIBP, confirmed receiving a file containing data for 31 million unique email addresses nine days before the breach. The data included email addresses, screen names, password change timestamps, Bcrypt-hashed passwords, and other internal data.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This was a very uncomfortable breach to process for reasons that should be obvious from <a href="https://twitter.com/josephfcox?ref_src=twsrc%5Etfw">@josephfcox</a>&#39;s article. Let me add some more &quot;colour&quot; based on what I found: <a href="https://t.co/cLka2K6wgv">https://t.co/cLka2K6wgv</a>
&mdash; Troy Hunt (@troyhunt) <a href="https://twitter.com/troyhunt/status/1843788319785939422?ref_src=twsrc%5Etfw">October 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
After the breach, the site was hit by a DDoS attack, confirmed by Jason Scott, an archivist and software curator of the Internet Archive. The site was temporarily offline, displaying a placeholder message directing visitors to the site&#8217;s account on X for updates.
See Also: <a href="https://www.benzinga.com/news/24/10/41196932/legendary-apple-co-founder-steve-jobs-once-said-being-the-richest-man-in-the-cemetery-doesnt-matter?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Legendary Apple Co-Founder Steve Jobs Once Said, &#8216;Being The Richest Man In The Cemetery Doesn&#8217;t Matter To Me'</a>
An account on X named SN_Blackmeta claimed responsibility for the attack and hinted at another possible attack the next day. The Internet Archive has been a target of similar attacks in the past.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: The Internet Archive, home to 835 billion web pages, has been <a href="https://www.benzinga.com/news/24/05/39033485/internet-archive-battles-link-rot-issue-38-of-2013-web-pages-have-disappeared-says-study">grappling with a problem known as &#8220;link rot,&#8221;</a> the phenomenon of disappearing web pages. A study by the Pew Research Center revealed that 38% of web pages that existed in 2013 have disappeared, and 8% of those from 2023 are now missing.
Despite the challenges, the Internet Archive has <a href="https://www.benzinga.com/news/24/01/36504445/elon-musk-lends-support-to-this-non-profit-digital-library-after-mocking-wokipedia-earlier">received support</a> from influential figures like Tesla Inc. CEO Elon Musk, who has emphasized its significance as a "public good that should exist." This recent attack underscores the importance of robust security measures to protect such vital digital resources.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41204898/google-starts-rolling-out-ai-powered-security-features-to-combat-android-phone-theft">Google Starts Rolling Out AI-Powered Security Features To Combat Android Phone Theft</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

General

Internet Archive Hit By Major Security Breach And DDOS Attack: 31 Million Accounts Compromised

Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) has successfully secured 281.8 billion yen, approximately $1.9 billion, via a yen-denominated bond offering. This represents the company&#8217;s <a href="https://www.benzinga.com/markets/asia/24/02/37264032/japans-nikkei-225-hits-record-highs-but-warren-buffett-is-holding-the-applause-heres-why">largest bond sale in Japan&#8217;s currency in five years</a>.
What Happened: This issuance of Samurai bonds highlights Warren Buffett&#8216;s increasing interest in Japan&#8217;s financial markets. Over the past four years, Berkshire Hathaway has invested in Japan&#8217;s top five trading houses, and this bond sale is part of its strategy to expand its exposure to Japanese assets, as per a term sheet reviewed by Reuters on Thursday.
According to a filing with the U.S. Securities and Exchange Commission, Berkshire Hathaway will use the funds for general corporate purposes. The company initially announced plans to invest in Japan&#8217;s trading houses in 2020, with a goal to hold these stakes long-term and potentially increase ownership to 9.9%.
Berkshire did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga's</a> request for comment.
This year, Berkshire Hathaway has engaged in significant yen bond sales, with the latest issue featuring bonds with maturities ranging from 3 to 30 years. The largest tranche, a 3-year bond, raised 155.4 billion yen, while the 5-year bond secured 58 billion yen.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41245350/nvidia-poised-to-overtake-apple-as-worlds-most-valuable-company-how-much-jensen-huangs-company-n?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia Poised To Overtake Apple As World&#8217;s Most Valuable Company: How Much Jensen Huang&#8217;s Company Needs To Gain By Wednesday</a>
Why It Matters: Buffett&#8217;s strategic move into Japan&#8217;s financial markets aligns with his long-term investment philosophy. In a recent <a href="https://www.benzinga.com/opinion/24/10/41213275/buy-these-2-stocks-warren-buffett-calls-the-secret-sauce-to-his-success">letter to investors</a>, Buffett emphasized the importance of companies that consistently increase dividends. This approach has contributed to Berkshire Hathaway&#8217;s impressive returns.
Despite global market volatility, Berkshire Hathaway&#8217;s Japanese investments have shown resilience. In early August, the Nikkei 225 index experienced a significant drop but managed to recover most of its losses. This underscores the strength of Buffett&#8217;s <a href="https://www.benzinga.com/markets/asia/24/08/40306868/global-market-turmoil-tests-warren-buffetts-japanese-investments-despite-initial-30-plunge-berkshire">investments in Japan&#8217;s trading giants</a>.
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Image via Flickr
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Asia

Bonds

Global

Warren Buffett's Berkshire Hathaway Reportedly Raises $1.9B Through Largest Samurai Bond Sale In 5 Years

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Watch Series 10 is in the news yet again for <a href="https://www.benzinga.com/topic/apple-watch">saving another life</a>, this time of a user's grandmother by detecting atrial fibrillation.
What Happened: A user, Nikias Molina, shared on Wednesday that his Apple Watch Series 10 identified his grandmother&#8217;s atrial fibrillation using its ECG feature.
She was promptly taken to the hospital for necessary medical attention. Molina expressed his disbelief and gratitude for the technology&#8217;s role in her care.
The incident underscores the Apple Watch&#8217;s ability to detect serious health conditions, potentially saving lives. Molina&#8217;s post highlights the real-world impact of wearable technology in healthcare.
See Also: <a href="https://www.benzinga.com/news/24/10/41219900/mark-cuban-on-how-tv-will-evolve-in-the-future-says-he-saw-the-rise-of-netflix-like-platforms-before?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban On How TV Will Evolve In The Future, Says He Saw The Rise Of Netflix-Like Platforms</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My Apple Watch Series 10 detected my grandmother's atrial fibrillation today using the ECG feature. She's now at the hospital and receiving the care she needs. I still can't believe it. <a href="https://t.co/KK2kqhL0Kb">pic.twitter.com/KK2kqhL0Kb</a>
&mdash; Nikias Molina (@NikiasMolina) <a href="https://twitter.com/NikiasMolina/status/1843749096064164107?ref_src=twsrc%5Etfw">October 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Molina&#8217;s experience adds to a growing list of life-saving stories attributed to the Apple Watch&#8217;s health monitoring capabilities.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: The Apple Watch has <a href="https://www.benzinga.com/news/23/09/34760115/never-thought-i-would-ever-need-that-feature-apple-watch-saves-life-in-a-highway-car-crash">consistently demonstrated</a> its value in emergency situations. In a previous instance, the device&#8217;s crash detection feature alerted emergency services during a highway accident.
Another case <a href="https://www.benzinga.com/general/biotech/24/09/40742928/apple-watch-saves-life-of-pregnant-woman-and-her-baby-that-information-is-like-gold">involved a pregnant woman</a> whose life and that of her unborn child were saved thanks to the watch&#8217;s health monitoring features.
Apple CEO Tim Cook has even <a href="https://www.benzinga.com/news/24/01/36445675/tim-cook-surprises-apple-watch-users-with-personal-responses-to-life-saving-stories">personally responded</a> to users who shared their life-saving experiences with the device, highlighting its impact on users&#8217; lives.
The Apple Watch continues to be a critical tool in personal health monitoring, offering features that can detect and alert users to potentially life-threatening conditions.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Health Care

AAPL

'Can't Believe It:' Popular YouTuber Shares How Apple Watch Series 10 Detected Atrial Fibrillation And Saved His Grandmother

The MOU follows the production of 6% spodumene concentrate from IRIS Metals' flagship Beecher Lithium Project in the Black Hills of South Dakota and relates to potential future spodumene concentrate production.

Contracts

AREC

American Resources' Subsidiary, ReElement Technologies, Has Signed A Memorandum Of Understanding With Iris Metals For Downstream Lithium Conversion And The Production Of Battery Grade Lithium Carbonate Equivalent

Hurricane Milton wreaked havoc across Florida on Wednesday night, causing widespread power outages as it made landfall near Siesta Key in Sarasota County before barreling through the central part of the state. 
What Happened: Over 2 million residents were left without power as the storm&#8217;s winds and heavy rains swept across the region.
The storm&#8217;s impact on Florida&#8217;s power grid has been significant, affecting major utility providers throughout the state. 
According to <a href="https://poweroutage.us/">data</a> from PowerOutage.us, which tracks about 11.5 million customers across Florida, Florida Power &amp; Light Company which is owned by NextEra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) recorded the highest number of outages, with 929,918 customers without power. 
Duke Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) followed closely behind with 666,142 outages, while Tampa Electric reported 590,437 customers affected.
Hurricane Milton's power disruptions weren't limited to Florida. In North Carolina, Duke Energy reported 50,824 customers without power, contributing to the state&#8217;s total outage count of 65,238. In Georgia, another 34,028 outages were reported.
See Also: <a href="https://www.benzinga.com/markets/asia/24/10/41265266/alibaba-jd-com-xpeng-soar-in-hong-kong-as-pbocs-fresh-stimulus-to-boost-stock-market-sends-chinese-m">Alibaba, JD.com, XPeng Soar In Hong Kong As PBOC&#8217;s Fresh Stimulus To Boost Stock Market Sends Chinese Main Stock Market Gauge Up By 3%</a>
Why It Matters: As Hurricane Milton approached, it was downgraded from a <a href="https://www.benzinga.com/news/24/10/41257552/how-strong-is-milton-what-to-expect-from-hurricane-categories-1-through-5">Category 5 to a Category 4 storm</a>. Despite the downgrade, the storm&#8217;s potential for damage remained significant, prompting evacuations and preparations across the state. 
The storm&#8217;s impact was <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41254312/hurricane-milton-descends-on-florida-analysts-warn-of-impact-on-disney-nexteras-flo">expected to affect various sectors</a>, including utilities, insurance, and regional banks, with companies like NextEra Energy Inc and Walt Disney Co taking precautionary measures.
In anticipation of the storm, Disney World closed its parks <a href="https://www.benzinga.com/markets/equities/24/10/41245886/disney-world-closes-early-as-hurricane-milton-approaches-florida-parks-brace-for-impact">early</a>, and Tesla Inc advised its vehicle owners to fully charge their electric vehicles, planning to deploy mobile <a href="https://www.benzinga.com/news/24/10/41243307/tesla-advises-owners-to-fully-charge-evs-at-home-as-hurricane-milton-approaches-plans-mobile-superch">superchargers post-storm</a>. 
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Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors

Hurricane Milton Knocks Out Power For Over 2M In Florida, NextEra Energy, Duke Energy, And Tampa Electric Report Major Outages

Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) will deploy 1000 of its Rivian-manufactured (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) electric delivery vans with a new AI-powered solution to help its delivery assistants spot the right package and save time per delivery, the online shopping giant said on Wednesday.
What Happened: Amazon has named the solution Vision-Assisted Package Retrieval or VAPR. With VAPR, delivery drivers will not have to check manually to ensure that they have the right package; they can simply look for VAPR&#8217;s green light, the company said.
On arriving at a delivery location, VAPR will project a green &#8220;O&#8221; on all the packages to be delivered at the spot and a red &#8220;X&#8221; on the remaining packages. The system will inform the driver that it has found the right packages with audio-visual cues and the driver can simply grab the green-lighted parcels from the cargo area instead of manually verifying whether they have the right package, Amazon said.
VAPR uses a form of computer vision called Amazon Robotics Identification (AR-ID) which replaces the need for manual barcode scanning. AR-ID was originally devised for fulfillment centers to help automatically identify items while stowing inventory. It locates and deciphers multiple barcodes in real-time and is optimized for an in-van environment, Amazon said. 
Rivian-Amazon Partnership: VAPR will be deployed on 1000 Rivian-made electric delivery vans by early 2025, the online retailer said. 
Amazon has committed to purchasing 100,000 delivery vans from the EV startup by 2030. In July, Amazon said that it already has over 15,000 Rivian vans deployed across the U.S. which have delivered over 800 million packages.
However, earlier this month, Rivian <a href="https://www.benzinga.com/news/24/10/41223011/rivians-production-guidance-cut-spurred-by-miscommunication-with-atlanta-based-supplier-resulting-in">cut its annual production forecast</a> by as much as 18% to between 47,000 and 49,000 electric vehicles citing production disruption owing to a component shortage.
The component, it said, is used in both the company's R1 vehicles and its&nbsp;<a href="https://www.benzinga.com/markets/esg/24/08/40512436/rivian-hits-rough-patch-production-halts-leadership-shake-ups-dent-stock" target="_blank" rel="noreferrer noopener">commercial vans</a>.
"This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues,"&nbsp;the&nbsp;<a href="https://www.benzinga.com/markets/equities/24/10/41182921/rivians-production-forecast-hits-bump-supply-shortage-sends-shares-tumbling" target="_blank" rel="noreferrer noopener">company said</a>, without giving more details.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
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Photo courtesy: Amazon

AMZN

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Amazon To Deploy AI-Powered Package Identifying Tech On 1000 Rivian Delivery Vans For Faster Deliveries

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Wednesday.
U.S. stocks settled higher on Wednesday, with the Dow Jones and S&amp;P 500 settling at record levels during the session. Tech stocks were among the top gainers, with shares of Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) adding more than 1% on Wednesday.
Investors digested the minutes from the September Federal Open Market Committee (FOMC) meeting, which revealed extensive debate over whether to cut rates by 25 or 50 basis points. Ultimately, the committee opted for the larger 50-basis-point cut, but the discussion underscored the ongoing uncertainty about the Federal Reserve&#8217;s next moves.
On the economic data front, U.S. wholesale inventories increased by 0.1% month-over-month to $904.8 billion in August, compared to the preliminary estimate of a 0.2% gain and versus a revised 0.2% rise in the previous month.
Data on Consumer Price Index inflation will be released on Thursday.
Most sectors on the S&amp;P 500 closed on a positive note, with healthcare, information technology, and industrials stocks recording the biggest gains on Wednesday. However, utilities and communication services stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 432 points to 42,512.00 on Wednesday. The S&amp;P 500 rose 0.71% to 5,792.04, while the Nasdaq Composite climbed 0.60% at 18,291.62 during Wednesday's session.
Investors are awaiting earnings results from Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) and Tilray Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 72.2, the index remained in the &#8220;Greed&#8221; zone on Wednesday, versus a prior reading of 70.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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