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Trump Moves to Expand Rare Earths Mining, Cites China Threat
finance.yahoo.com

(Bloomberg) — President Donald Trump signed an executive order aimed at expanding domestic production of rare-earth minerals that are vital to many critical manufacturing sectors, in an effort to reduce dependence on China.The order, which declares a national emergency in the mining industry, directs the Interior Department to explore using the Defense Production Act to […]

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Microsoft Unveils Cheapest Surface Laptop Model Starting at $549
finance.yahoo.com

(Bloomberg) — Microsoft Corp. unveiled the cheapest-ever model of its Surface laptop, aiming to take a larger share of the lucrative notebook computer market by targeting students and budget shoppers. The Surface Laptop Go, starting at $549, is smaller and lighter than the company’s other notebooks and has a fingerprint scanner to log in. The device comes in three metallic finishes […]

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Tesla Contract Gives Boost To Mining Startup Looking To Produce Lithium For Batteries
finance.yahoo.com

The most ambitious project in the U.S. to free it from almost total dependence on lithium imports to make batteries has received a huge boost with a long-term deal to supply an intermediate product to Tesla, Inc. (NASDAQ: TSLA).Lithium is generally considered the most efficient battery metal, and its production will need to rise significantly […]

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Investors Are Betting Big On Canada’s New Gold Rush
finance.yahoo.com

As investors pile into safe havens like cash and precious metals, a new gold rush is starting in one of the world’s most exciting mining hotspots

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We're a Long, Long Way From Running Out of Gold
finance.yahoo.com

(Bloomberg Opinion) — Here’s one potential reason to add some bullion coins or bars to your investment portfolio: They’re not making any more of them.All the gold that’s ever been mined would fit into a cube with edges 22 meters long — small enough to fit into three Olympic-sized swimming pools. Each year, miners and pawnbrokers […]

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Palantir co-founder explains why he's proud to stick with the US over China and work with ICE
finance.yahoo.com

Palantir has attracted criticism for how it seeks to use its data-mining technology, but it's not a new issue, says Jon Lonsdale, the company's co-founder.

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Hedge Funds Have Never Been This Bullish On Akebia Therapeutics Inc (AKBA)
finance.yahoo.com

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

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Palantir's Crystal Ball Can't Guarantee a Bright Future
finance.yahoo.com

(Bloomberg Opinion) — In a hot market for new technology stocks, it was Palantir Technologies Inc.’s turn in the spotlight on Wednesday. The debut wasn’t a complete show-stopper, and that’s fine — not everything can, or should, be a market darling. The data-mining company, co-founded by billionaire and Donald Trump supporter Peter Thiel, went public through a direct listing and […]

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Palantir Direct Listing Reference Price Set at $7.25 by NYSE
finance.yahoo.com

(Bloomberg) — The New York Stock Exchange has set a reference price of $7.25 for the direct listing of Palantir Technologies Inc., the data mining company co-founded by technology billionaire Peter Thiel.No shares change hands at the reference price, though it acts as a guide to investors and is determined based on recent secondary trading […]

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Stocks Retreat With Futures After Election Debate: Markets Wrap
finance.yahoo.com

(Bloomberg) — Stocks dropped and U.S. equity-index futures sank after an acrimonious American presidential debate highlighted the risk of a contested vote in November. A gauge of the dollar held steady.S&P 500 futures fell as much as 1.3% in the hours after the chaotic sparring between Donald Trump and Democratic hopeful Joe Biden during which […]

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Hedge Funds Are Dumping BP plc (BP)
finance.yahoo.com

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

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Peter Thiel Tightens His Grip on Palantir Ahead of Public Listing
finance.yahoo.com

(Bloomberg) — Billionaire Peter Thiel was a no-show at the investor day leading up to the direct listing for Palantir Technologies Inc., the data-mining company he founded 17 years ago. And no one from the company will ring the bell at Palantir's market debut.Thiel's absence from the Wall Street pomp belies the outsize influence he'll continue to […]

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Global Stocks Rally Reverses; S&P 500 Futures Slip: Markets Wrap
finance.yahoo.com

(Bloomberg) — The September rebound in global equities reversed as investors assessed a scaled-back fiscal-stimulus proposal in the U.S. against the rising toll of the pandemic.European share declines were led by banks and other cyclical stocks. The pound added to gains from Monday amid speculation that successful Brexit trade talks could help shield Britain from […]

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Tesla Is Trying to Mine Its Own Lithium After Dropping M&A Plan
finance.yahoo.com

(Bloomberg) — Tesla Inc. secured its own lithium mining rights in Nevada after dropping a plan to buy a company there, according to people familiar with the matter.The automaker held discussions in recent months with Cypress Development Corp., which is seeking to extract lithium from clay deposits in southwest Nevada, but the parties didn’t reach […]

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Lundin Mining Provides Update on Fatal Accident at Neves-Corvo Mine
finance.yahoo.com

TORONTO, Sept. 27, 2020 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") provides an update on the fatal accident which occurred at its Neves-Corvo mine in Portugal on Friday, September 25, 2020.

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Inside the JPMorgan Trading Desk the U.S. Called a Crime Ring
finance.yahoo.com

(Bloomberg) — Billionaires have Davos. For filmmakers, there’s Sundance. For the people who mine and trade and ship everything from iron ore to platinum, there’s London Metal Exchange Week. It’s a blur of symposiums and drinks, with a reliably lavish lunch thrown by JPMorgan Chase & Co. On a balmy October day in 2018, hundreds of […]

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Cleveland-Cliffs to Buy ArcelorMittal USA for $1.4 Billion
finance.yahoo.com

(Bloomberg) — Cleveland-Cliffs Inc. will buy the U.S. operations of ArcelorMittal SA for $1.4 billion in cash and shares to become the biggest flat-rolled steel producer in North America.Ohio-based Cleveland-Cliffs expects its second major deal in less than a year to boost sales to the important automotive market and help reduce costs. Earlier in 2020, […]

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JPMorgan Says Cash Levels May Stay High as Safe Assets Struggle
finance.yahoo.com

(Bloomberg) — Investors may remain in cash more than expected as safe-haven assets seen as traditional hedges aren’t panning out, according to JPMorgan Chase & Co.Above-average allocations to cash may be an unintended consequence of easy-money policies, with cyclical assets seen as too difficult to hedge in a zero-yield environment, strategists led by John Normand […]

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Asia Stocks Rise With U.S. Futures; Dollar Steady: Markets Wrap
finance.yahoo.com

(Bloomberg) — Stocks in Asia gained Monday along with U.S. and European equity-index futures as investors weighed further signs of recovery in China against more virus outbreaks in some parts of the world.The dollar was steady against most G-10 peers Monday. S&P 500 futures ticked up after the gauge rose on Friday, while shares climbed […]

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A Beautiful Buying Opportunity in Workhorse Has Finally Arrived
finance.yahoo.com

If you want a silver lining for the recent weakness in the S&P 500, look no further than Workhorse (NASDAQ:WKHS). The momentum darling has fallen alongside the market, creating quite an attractive buying opportunity. Consider it a second chance of sorts for those that missed the epic breakout from early-September.Source: Photo from WorkHorse.com The rapid […]

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Is Gold About to Move Higher?
finance.yahoo.com

Gold prices are being influenced by a number of different contradictory factors, some traditionally good for bullion, others not.

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