MP Materials selects Texas for rare earth magnet manufacturing site

Key Points

MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus.
The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S.
The Department of Defense took a stake in MP Materials in 2025 as the Trump administration looks to secure access to minerals critical for everything from defense and data centers to personal electronics.

Source

Finance

Stocks making the biggest moves premarket: Nvidia, J.M. Smucker, Trade Desk, Nutanix & more

February 26, 2026

Check out the companies making the biggest moves in the premarket: J.M. Smucker — The food stock popped 7% on better-than-expected fiscal third-quarter results. Smucker earned $2.38 per share, excluding certain items, on revenue of $2.34 billion. Analysts polled by FactSet expected a profit of $2.27 per share on revenue of $2.32 billion. Qnity — […]

Finance

Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

February 26, 2026

Key Points Nvidia said it has yet to generate any revenue from chip sales to China. Chip sales have come under scrutiny from both Washington and Beijing amid a tech race. Chinese AI firms gained ground through IPOs and lower-cost tech. Source

Finance

Stocks making the biggest moves after hours: Nvidia, Salesforce, Snowflake, Nutanix & more

February 25, 2026

Check out the companies making headlines in after-hours trading. Nvidia — Nvidia reported strong earnings and revenue for the fiscal fourth-quarter , leading shares to add more than 1% in extended trading. Nvidia reported adjusted earnings of $1.62 per share, while analysts expected $1.53 per share, according to LSEG. The chipmaker’s revenue of $68.13 billion […]