House Intelligence Committee Chairman Mike Turner recently requested on X, formerly Twitter, that President Biden declassify information related to potential Russian space weapons development, which Turner warns may pose a "serious national security threat." This comes amid concerning reports that Russia could be building anti-satellite or other space-based military capabilities. However, details remain scarce on Russia's exact motivations. Yahoo Finance's Rick Newman breaks down the details, noting various space technologies with potential military applications already exist such as satellites used for communications and GPS. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
House Intelligence Committee Chairman Mike Turner recently requested on X, formerly Twitter, that President Biden declassify information related to potential Russian space weapons development, which Turner warns may pose a "serious national security threat."
This comes amid concerning reports that Russia could be building anti-satellite or other space-based military capabilities. However, details remain scarce on Russia's exact motivations.
Yahoo Finance's Rick Newman breaks down the details, noting various space technologies with potential military applications already exist such as satellites used for communications and GPS.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Bridgewater Associates increased its stake in chipmaker Nvidia by 458% at the end of last year while also adding exposure to other members of the so-called Magnificent Seven group of growth and technology stocks that have driven markets higher, filings showed on Wednesday. The hedge fund founded by billionaire Ray Dalio increased its stake in Nvidia, the world's most valuable chipmaker, to 268,489 shares. Nvidia, whose shares have already risen 47% this year, briefly overtook Google-parent Alphabet's stock market capitalization to become the third-biggest U.S. company on Wednesday, with a market capitalization of over $1.8 trillion.
Dozens of former Credit Suisse officials and the auditor KPMG won the dismissal of a U.S. shareholder lawsuit claiming they allowed 20 years of "continuous mismanagement" that led to the Swiss bank's demise and takeover by UBS. In a 92-page decision released on Thursday, U.S. District Judge Colleen McMahon in Manhattan said accusations that the defendants allowed the improper "plunder" of Credit Suisse did not support racketeering claims in the proposed class action. The defendants included 29 onetime Credit Suisse executives and directors and four Credit Suisse units, as well as KPMG and 11 individuals there.
Mari Pangestu discusses her outlook for Southeast Asia's largest economy and its trade relations, after Defense Minister Prabowo Subianto declared victory in the country's election based on quick counts. She speaks with Haslinda Amin on "Bloomberg Markets Asia."
After the shutdown of the buzzy AI news app Artifact from Instagram's founders, a new app called Bulletin is also now turning to AI to help remove clickbait and summarize the day's news. Except in this case, users can customize news sources the app features, as you could in any other RSS reader, instead of relying on a curated selection of news, as Artifact did. The AI integration, meanwhile, helps to remove clickbait headlines from your news-reading experience. Plus, with a click of a button, y
The company said ChromeOS Flex will continue receiving regular security updates and features like data encryption, allowing users to keep using their Windows 10 systems. Microsoft has said that its Windows 10 will reach the end of support on Oct. 14 2025, and will no longer provide regular security updates, bug fixes, or technical support. It has asked customers to transition to Windows 11 or explore other options.
