MP Materials Corp
Stocks making the biggest premarket moves: PepsiCo, Starbucks, General Electric, Cars.com and more
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage company rose 3% following its second-quarter beat on both the top and bottom lines. Adjusted earnings came in at $2.12 per share on revenues of $22.73 billion, versus the $2.30 per share on revenue of $22.28 billion, according […]
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Apple makes $500 million deal with miner MP Materials for rare earths magnets
People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Adam Gray | Reuters Apple and miner MP Materials announced a $500 million deal Tuesday for rare earths magnets and the development of a recycling facility that will reinforce the iPhone maker’s U.S. supply chain. MP Materials […]
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In rare earth metals power struggle with China, old laptops, phones may get a new life
A stack of old mobile phones are seen before recycling process in Kocaeli, Turkiye on October 14, 2024. Anadolu | Anadolu | Getty Images As the U.S. and China vie for economic, technological and geopolitical supremacy, the critical elements and metals embedded in technology from consumer to industrial and military markets have become a pawn […]
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Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more
Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]
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Stocks making the biggest moves midday: MP Materials, Delta Air Lines, WK Kellogg, Hertz & more
Check out the companies making the biggest moves midday: MP Materials — The rare earth miner soared more than 47% after the company announced the Defense Department would buy $400 million in preferred stock . “We remain a thriving public company. We now have a great new partner in our economically largest shareholder, DoD, but […]
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Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California, about 60 miles outside Las Vegas. Proceeds from the Pentagon investment […]
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Stocks making big midday moves: Tesla, Uber, Royal Gold, Stellantis, WNS and more
Tesla — The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been feuding with President Donald Trump, who called the new party “ridiculous.” Uber Technologies — Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by […]
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Op-ed: It’s time for U.S. to treat rare earth metals as instruments of geopolitical power. China already does
A mining machine is seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China. China Stringer Network | Reuters In April 2025, China imposed new export controls on seven rare earth elements and the permanent magnets derived from them — materials that form the foundation of modern life and modern warfare. […]
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Morgan Stanley upgrades this mining stock as best pick to play rare earths
A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, January 30, 2020. Steve Marcus | Reuters The rare-earth miner MP Materials will enjoy growing strategic value to the U.S., as geopolitical tensions with China make the supply of critical minerals more uncertain, according to […]
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These shares stand to obtain from Biden’s historic weather monthly bill, in accordance to BofA
President Joe Biden symptoms the Inflation Reduction Act of 2022 at the White Residence on Aug. 16, 2022. Mandel Ngan | Afp | Getty Photos President Biden signed the Inflation Reduction Act into law on August 16, 2022. In the practically-calendar year due to the fact the historic weather invoice was passed, 270 new clean […]
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