United States
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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Mining firms power UK stocks to record high after 50% U.S. copper tariff confirmed
The smelting area, where the copper is smelted and then placed in molds and cooled, at the Codelco El Teniente processing facility in Machali, Chile, on Wednesday, April 2, 2025. Bloomberg | Bloomberg | Getty Images London-listed mining firms bounced on Thursday, shaking off recent losses to drive the U.K.’s FTSE 100 index to a […]
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Stocks making the biggest moves premarket: Delta Air Lines, WK Kellogg, PTC, AMD and more
Check out the companies making headlines in premarket trading. Delta Air Lines — Shares advanced nearly 12% before the opening bell after the airline reinstated its 2025 profit outlook , and second-quarter revenue and net income exceeded analyst estimates. Brazilian stocks — The iShares MSCI Brazil ETF (EWZ) dropped nearly 2% premarket after President Donald […]
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CNBC’s Inside India newsletter: The price of FOMO — India’s options market faces a reality check
Hi, I’m Spriha Srivastava, executive editor for digital at CNBC International. Welcome to this edition of Inside India. This week, I look at how the boom in India’s derivatives markets has brought a whole host of worries for retail investors, who are typically young and drawn in by the promise of quick profits. Mumbai, India: […]
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CNBC Daily Open: AI is drawing investors’ attention away from fresh tariffs
Cranes unload the cargo of Panamanian flagged bulk carrier Star Taishan at the Port of Rio Grande, southern Brazil, on May 6, 2025. Silvio Avila | AFP | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin […]
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CNBC Daily Open: More tariff letters are out, but investors have their eyes on AI
Aerial photo taken on April 3, 2025 shows a view of a port in Rio de Janeiro, Brazil. Wang Tiancong | Xinhua News Agency | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. […]
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Asia-Pacific markets mixed after Trump slaps 50% tariff on Brazilian imports
Opening calls from sunny Singapore Good morning from Singapore! Asia-Pacific markets are set to open mixed. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,925 while its counterpart in Osaka last traded at 39,910 against the index’s Tuesday close of 39,821.28. Futures for Hong Kong’s Hang Seng index stood at 23,863 […]
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‘Hard to ignore’: 3 stocks to play the undervalued UK market, according to an asset manager
The opportunities on offer in the U.K. stock market — long stereotyped as unloved, unexciting and full of “old economy” firms like mining and oil majors — are “becoming hard to ignore,” portfolio managers at Ninety One say. London firms have broadly been undervalued for more than a decade, worsened by the vote to leave […]
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Stock futures are little changed after S&P 500 posts first winning session in three: Live updates
Traders work on the floor of the New York Stock Exchange on July 08, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week’s tariff-fueled slide. S&P 500 futures traded just above the flatline, […]
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Bishop of major Catholic diocese exempts parishioners from Mass over fears of ICE raids
Reverend Alberto Rojas, Bishop of the Diocese of San Bernardino Ordaining Prelate and Principal Celebrant, leads the Ordination to the Priesthood mass at St. Paul the Apostle Catholic Church in Chino Hills on Saturday, May 20, 2023. Will Lester | Medianews Group | Getty Images A Catholic bishop in California has issued a rare decree […]
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