Albemarle Corp
Trump is wielding the power of the state to back critical mineral companies. These are the possible next targets
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation’s supply chain against China, said Mark Chalmers, CEO of Energy Fuels, a miner focused on uranium and rare earth minerals. The Pentagon decision to take an equity stake in MP Materials, the largest U.S. rare earth miner, in July and […]
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Stocks making the biggest moves midday: Tesla, IBM, Union Pacific, American Eagle Outfitters and more
Check out the companies making headlines in midday trading: Union Pacific , Norfolk Southern — Union Pacific said it was in advanced talks about a potential combination with Norfolk Southern, which would create the largest U.S. railroad. Union Pacific shares fell almost 3%, while Norfolk Southern slipped less than 1%. CSX — Shares rose less […]
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Stocks making the biggest moves midday: Lucid Group, Elevance Health, Albemarle, PepsiCo & more
Check out the companies making the biggest moves midday: Steven Madden — The fashion footwear company jumped more than 5% after Citi upgraded the stock to buy from neutral. The Wall Street firm said the market is underappreciating the acquisition of UK-based Kurt Geiger, while a favorable shift towards dress shoes and away from sneakers […]
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Trump froze a bribery law that previously hit suppliers for Elon Musk’s Tesla
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters The anti-bribery law whose enforcement President Donald Trump has suspended was previously used by the Department of Justice and financial regulators to win settlements totaling more than […]
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Election next week holds big implications for stock market, especially the control of Congress
A split or united government coming out of a consequential U.S. presidential election next week could hold the key to how stocks perform going forward. The Nov. 5th election is set to remove a critical overhang for markets, which have had trouble pricing in a victory for either former President Donald Trump or Vice President […]
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Rio Tinto in talks to buy lithium miner Arcadium, sources tell Reuters
Jakob Stausholm, chief executive officer of Rio Tinto Ltd., during a Bloomberg Television interview in New York, US, on Thursday, Sept. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Rio Tinto has been holding talks to buy lithium miner Arcadium, three sources with direct knowledge of the negotiations said, a deal that would make […]
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How oil-rich Arkansas became a hotbed of lithium mining
The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state. This comes at a time when global demand for lithium, driven by electric vehicles and energy-storage needs, continues to grow. In 2023, global lithium consumption reached 180,000 metric […]
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Lithium giant Albemarle halts Australia plant expansion, reviews costs on weak lithium prices
A worker walks past a pile of lithium ore at a Talison Lithium Ltd. site, a joint venture between Tianqi Lithium Corp. and Albemarle Corp., in Greenbushes, Australia. Carla Gottgens | Bloomberg | Getty Images Lithium mining giant Albemarle will halt the expansion of a manufacturing plant in Australia, as the company reviews costs due […]
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S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updates
Traders work on the floor of the New York Stock Exchange on July 22, 2024. Timothy A. Clary | AFP | Getty Images S&P 500 futures are near flat Tuesday night as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision coming Wednesday afternoon. Futures tied to the broad […]
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Shares producing the major premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and additional
Check out the organizations generating the most important moves in premarket buying and selling: CarMax — Shares sank 9% following the applied-car retailer documented an earnings and profits skip for its fourth quarter. CarMax’s earnings came in at 32 cents for each share, as opposed to the 49 cents predicted from analysts polled by LSEG. […]
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