A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020.Steve Marcus | ReutersThe emergence of critical minerals as a new arena of geopolitical competition has coincided with a dizzying rally in U.S.-listed rare earths mining stocks.Despite paring gains in recent weeks, shares of Critical Metals have advanced 241% over the last three months, while NioCorp Developments, Energy Fuels and Idaho Strategic Resources have all surged well above 100% over the same period.The eye-watering gains are even more remarkable year-to-date. Energy Fuels’ stock price has quadrupled through the…
Author: usaeverydaylife
CHENGDU, CHINA – JANUARY 05: Lee Teuk, Ye Sung, Dong Hae and Kim Ryeo Wook of South Korean boy group Super Junior attend a press conference on January 5, 2020 in Chengdu, Sichuan Province of China. (Photo by VCG/VCG via Getty Images)Vcg | Visual China Group | Getty ImagesK-pop prospects have brightened after Seoul and Beijing signed a content exchange deal, potentially paving the way for South Korean entertainment to re-enter the Chinese market.South Korea’s national broadcaster KBS on Saturday entered into a media exchange and cooperation business agreement with Chinese state media company China Media Group. CMG includes state…
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.BaiduBEIJING — As Baidu ramps up its robotaxi operations worldwide, fully driverless weekly rides as of Oct. 31 have now surpassed 250,000 orders, according to a spokesperson for the company’s driverless car unit Apollo Go.That’s on par with what Waymo reported in late April for its weekly paid U.S. rides. When contacted by CNBC, Waymo did not have a new specific figure to share. The Alphabet-backed robotaxi operator primarily operates in San Francisco and Los Angeles in California and Phoenix, Arizona. Waymo…
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024.Nurphoto | Nurphoto | Getty ImagesChina’s factory activity growth in October missed market expectations, as trade tensions with the U.S. intensified during the month, according to a private survey released Monday.The RatingDog China General Manufacturing PMI, compiled by S&P Global, dropped to 50.6 in October from the six-month high of 51.2 in September, missing analysts’ expectations of 50.9 in a Reuters poll. Staying above the 50-benchmark that separates growth from contraction, the private survey numbers were better compared to the official survey released last Friday that showed…
Jensen Huang, CEO of Nvidia, attends a press conference after the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 31, 2025. Kim Soo-hyeon | Reuters Traders who shorted the S&P 500 — essentially, betting that it would go down — last month were in for a rude surprise. The broad-based index ended the month 2.3% higher, defying “Octoberphobia,” a term that arose because of the market crashes in 1929 and 1987 that happened during the month.The Nasdaq Composite had an even better month than the S&P 500. The tech-heavy index climbed 4.7%, giving a hint of…
An employee works on the production line of power batteries and box chassis for new energy vehicles at a workshop on July 11, 2025 in Huaibei, Anhui Province of China.Li Xin | Visual China Group | Getty ImagesAsia-Pacific markets opened mixed Monday, after Wall Street saw all three U.S. major indexes climb Friday stateside.Investors in Asia will be watching manufacturing activity figures out from China later today, as RatingDog publishes its purchasing managers index for October.Economists from Reuters expect the reading to come in at 50.9, slightly lower than September’s 51.2. The official PMI numbers out of the National Bureau…
Traders work on the floor at the New York Stock Exchange on Sept. 17, 2025.Brendan McDermid | ReutersStock futures were little changed on Sunday night, as a new month of trading begins.S&P 500 futures ticked higher by 0.1% along with Nasdaq-100 futures. Dow Jones Industrial Average futures advanced 16 points, or less than 0.1%.Wall Street is coming off a winning session that added to the benchmark’s October gains. The S&P 500 and Dow industrials climbed 2.3% and 2.5%, respectively, for the month. The Nasdaq Composite outperformed, gaining 4.7%.Those gains were driven in part by continued momentum in the artificial intelligence…
Investing is not just a game of giant Jenga. But the pessimistic hedge funds, or the ones who must have shorts on to justify their high fees, as well as their media acolytes who sound so painfully bearish even if they are just trying to sound like informed skeptics, sure make it seem that way when they fixate on the fate of the stock market and the “Magnificent Seven.” The presumption of the gang tackle of articles about the Seven is simple: The market is too heavily concentrated in these seven stocks: Alphabet , Apple, Amazon , Meta Platforms, Microsoft…
U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | ReutersPresident Donald Trump says that Chinese President Xi Jinping has given him assurances that Beijing would take no action toward its long-stated goal of unifying Taiwan with mainland China while the Republican leader is in office.Trump said that the long-contentious issue of Taiwan did not come up in his talks with Xi on Thursday in South Korea that largely…
Jasondoiy | E+ | Getty ImagesA recent NBC News poll showed growing frustration among Americans regarding President Donald Trump’s handling of the economy less than a year after entering office.In a poll of 1,000 voters taken between Oct. 25-28, 63% said Trump had fallen short of expectations regarding the economy. Separately, 65% said Trump had fallen short of looking out for the middle class, and 66% expressed the same sentiment for the handling of inflation and the cost of living.Trump’s overall approval rating in the poll has fallen 4 points to 43% since March, while 55% disapprove of the president’s…
