Why Wall Street is actually going higher after the U.S. bombed Iran

This bank stock gets added, while another is removed

It’s no secret: The Investing Club’s portfolio is rich with high-quality stocks. But a select few, which we’ve designated as “core holdings,” stand out among our 30 positions. During Friday’s Annual Meeting , Jim Cramer and Director of Portfolio Analysis Jeff Marks shared the updated list of our 12 core holdings. These are companies that…

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Hackers Spying on Android Phones in Real Time, Targeting 500+ Bank, Crypto and Payment Apps To Steal Sensitive Data: Cybersecurity Firm

Hackers Spying on Android Phones in Real Time, Targeting 500+ Bank, Crypto and Payment Apps To Steal Sensitive Data: Cybersecurity Firm

A new version of a notorious banking malware is hitting Android phones, allowing hackers to steal login details and control banking apps in real time, according to researchers. The cybersecurity firm Zimperium says the malware employs a novel virtualization technique that allows legitimate banking apps and other applications on a victim’s device to be hijacked. “Instead…

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Qatar banks’ exposure to UK totals £4.8bn: CEBR

Qatar banks’ exposure to UK totals £4.8bn: CEBR

Qatari banks’ exposure to the UK totalled about £4.8bn with investments and credit facilities accounting for a significant portion of this exposure, according to the UK-based Centre of Economics and Business Research (CEBR). Transactions through Qatar-issued cards in the UK totalled £966mn during 2023 from more than 8.5mn transactions, reflecting the “significant” consumer spending, said…

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Copper vulnerable as China holiday looms and CTA liquidations intensify – TDS

Copper vulnerable as China holiday looms and CTA liquidations intensify – TDS

Weak Chinese manufacturing PMIs kicked off the selling activity in Copper, but CTA selling activity into the liquidity vacuum has exacerbated the downside with algos on track to sell more than -7% of their max size, TDS’ Senior Commodity Strategist Daniel Ghali notes. Systematic sellers may accelerate Copper declines “Given China has been the most acute…

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Premarket: U.S. stock futures recover after selloff; quarterly earnings in focus

Premarket: U.S. stock futures recover after selloff; quarterly earnings in focus

U.S. stock index futures rebounded on Tuesday following a fall in equities in the previous session, when President Donald Trump’s escalating criticism of Federal Reserve Chair Jerome Powell rattled investors. All three major indexes ended Monday’s session more than 2% lower after Trump redoubled his attacks against Powell for not cutting interest rates, sparking concern…

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Hong Kong police arrest 8 over deepfake scams bypassing bank security checks

8 arrested over running Hong Kong scam ring, opening bank accounts with deepfakes

Hong Kong police have arrested eight people on suspicion of running a scam ring that bypassed online security checks to open bank accounts by replacing photos on stolen identity cards with deepfakes incorporating fraudsters’ facial features. Senior Superintendent Philip Lui Che-ho of the force’s financial intelligence and investigation bureau said on Saturday the raid was…

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