F-35 Parts Fall into Chinese Custody as Markets Worry About Security and AI
Stock markets are facing several concerns as of Thursday morning, with index futures in the red after U.S. equities closed lower on Wednesday due to rising Treasury yields and expectations of further rate hikes.
A major security breach has been discovered involving a Lockheed Martin LMT F-35 cockpit canopy and weapons-bay door that was mistakenly routed to Hong Kong through UPS. The parts, coated with radar-absorbing material, were taken into Chinese government custody, sparking concerns about supply chain security.
Meanwhile, Google's (GOOG, GOOGL) upcoming Gemini 4 AI model is nearing its launch, as announced by DeepMind chief Koray Kavukcuoglu. This development comes as the company seeks to compete with Anthropic and OpenAI in the AI space.
A federal judge has ordered President Donald Trump to temporarily restore White House press credentials for CNN, MSNBC, and Politico after they were removed without due process. Gene-editing companies such as Beam Therapeutics (BEAM), CRISPR Therapeutics (CRSP), Intellia Therapeutics (NTLA), Prime Medicine (PRME), Q32 Bio (QTTB), and LENZ Therapeutics (LENZ) have declined in response to Anthropic's AI model discovering a new enzyme system similar to CRISPR.
Meta Platforms (META) has introduced its Meta Charm, a handheld AI device with an OLED touchscreen and 5G connectivity. The device is expected to ship in December but pricing remains undisclosed.