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Why Shares of MP Materials Are Ripping Higher Today
Key PointsA rare-earths producer, MP Materials is developing a rare-earth magnet production facility in Texas.MP Materials and Apple are partnering to produce rare-earth magnets.Rare-earth magnet production at the Texas facility is expected to start in 2027.10 stocks we like better than MP Materials...The Motley Fool
Tue, Jul 15
Stocks
LIVE MARKETS-Tiptoe through the tariffs: CPI and Empire State
Nasdaq up ~0.65%, S&P edges up, Dow declines ~0.6%Tech only S&P sector gainer; Materials weakest groupEuro STOXX 600 index off ~0.2%Dollar, gold rise; crude declines; bitcoin down >2.5%US 10-Year Treasury yield rises to ~4.47%Welcome to the home for real-time coverage of markets brought t...Reuters
Tue, Jul 15
Other
ECB to test banks' resilience to political risk amid war, tariffs
Banks will be asked to come up with adverse scenariosSupervisors are already zooming in on foreign exposuresBy Francesco Canepa and Jesús Aguado FRANKFURT/MADRID, July 15 (Reuters) - The European Central Bank will test banks' resilience to geopolitical turmoil next year, chief ECB supervisor ...Reuters
Tue, Jul 15
Cryptocurrencies
Best Presales to Invest In as New Buyers Stockpile Bitcoin at All Costs, Outpacing Supply
Demand for Bitcoin ($BTC) has once again overtaken the monthly issuance rate of the cryptocurrency, according to a report. While institutional investors and ETFs have driven much of the demand, a huge chunk also came from smaller investors and high-net-worth individuals. This growing acceptance of d...Bitcoinist
Tue, Jul 15
Other
Merchandise trade volume growth stronger than expected in Q1 2025, says WTO report
By Olivia Le Poidevin GENEVA, July 15 (Reuters) - The volume of world merchandise trade grew more than forecast in the first quarter of 2025 from the previous three months, but growth is expected to slow, a new World Trade Organization report said on Tuesday. The volume of world merchandise trade...Reuters
Tue, Jul 15
Stocks
Grocer Albertsons lifts sales view on steady demand, margin pressure weighs on shares
By Anuja Bharat MistryJuly 15 (Reuters) - Albertsons ACI.N raised its annual sales forecast and beat first-quarter estimates on Tuesday, leaning on its competitive pricing strategy to ensure steady demand for essentials at its grocery stores and pharmacies despite inflationary pressures.While the re...Reuters
Tue, Jul 15
Cryptocurrencies
Nasdaq Composite inches higher as US, China trade tensions ease
The Nasdaq Composite is up 0.26% from Monday’s close, responding positively to what economic commentators have coined as a “breakthrough in US-China trade talks.” The bump was supposedly caused by news that the US government will grant Nvidia licenses to resume exports of its advanced H20 artificial intelligence chips to China. The decision reverses a […]Cryptopolitan
Tue, Jul 15
Stocks
US STOCKS-S&P 500, Nasdaq touch record highs as Nvidia jumps; data, bank results in focus
Indexes: Dow down 0.24%, S&P 500 up 0.25%, Nasdaq up 0.69%Nvidia surges as H20 chip sales to China set to resumeCitigroup up after Q2 profit beats estimatesBy Pranav Kashyap and Nikhil Sharma July 15 (Reuters) - The Nasdaq and the S&P 500 crept up to new record highs on Tuesday on the...Reuters
Tue, Jul 15
Other
Stellantis Will Withdraw Support For A Joint Hydrogen-Vehicle Venture With Michelin & Forvia - Bloomberg News
July 15 (Reuters) - STELLANTIS NV WILL WITHDRAW ITS SUPPORT FOR A JOINT HYDROGEN-VEHICLE VENTURE WITH MICHELIN AND FORVIA - BLOOMBERG NEWSSource text: https://tinyurl.com/22c2m4etReuters
Tue, Jul 15
Cryptocurrencies
GameStop bought Bitcoin to guard against inflation, not to copy MicroStrategy
GameStop boss Ryan Cohen said Tuesday on CNBC’s Squawk Box that the company’s recent crypto play is strictly about protecting itself from inflation, not trying to copy other firms. “I look at it as a hedge against inflation and global money printing, and we’ll see what happens,” Ryan said. The statement came days after GameStop […]Cryptopolitan
Tue, Jul 15
Other
SpaceX Plans Starship Program For In-Orbit Drug Research- Bloomberg News
July 15 (Reuters) - SPACEX PLANS STARSHIP PROGRAM FOR IN-ORBIT DRUG RESEARCH- BLOOMBERG NEWSSPACEX PLANS TO MAKE STARSHIP PROGRAM FOR IN-ORBIT DRUG RESEARCH OPERATIONAL ROUGHLY BY THE END OF THE DECADE- BLOOMBERG NEWSSource text: https://bloom.bg/4lxaW5TReuters
Tue, Jul 15
Cryptocurrencies
Unraveling The Bitcoin Boom: Experts Decode Record $123,000 Surge
In a major display of bullish momentum, the market’s leading cryptocurrency, Bitcoin (BTC), surged to a new record high on Monday, surpassing $123,000 for the first time. US House Kicks Off ‘Crypto Week The Bitcoin price climbed more than 90% year-to-date with Monday’s rally, reaching $123,200...NewsBTC
Tue, Jul 15
Other
Italy's Meloni welcomes harder U.S. stance towards Russia
ROME, July 15 (Reuters) - The United States is becoming more hawkish towards Russia and that is a good thing, Italian Prime Minister Giorgia Meloni said on Tuesday."We see today a change of posture on the part of the United States and we obviously welcome that," Meloni said in a press confer...Reuters
Tue, Jul 15
Economic Indicator
INSTANT VIEW-US consumer prices tick up as anticipated in June
WASHINGTON, July 15 (Reuters) - U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation that has kept the Federal Reserve cautious about resuming its interest rate cuts. The Consumer Price Index increased 0.3% last month after edgin...Reuters
Tue, Jul 15
Other
FDA Issues Warning Letters To Firms Marketing Products Containing 7-Hydroxymitragynine
July 15 (Reuters) - FDA:FDA ISSUES WARNING LETTERS TO FIRMS MARKETING PRODUCTS CONTAINING 7-HYDROXYMITRAGYNINEFDA: WARNING LETTERS LETTERS SPECIFICALLY FOCUS ON PRODUCTS CONTAINING 7-OH AS AN ADDED INGREDIENT OR ENHANCED LEVELS OF 7-OHFDA: ISSUED WARNING LETTERS TO SHAMAN BOTANICALS, MY SMOKE WHOLES...Reuters
Tue, Jul 15
Stocks
National Fuel Gas jumps to record high after BofA double upgrade
** Shares of National Fuel Gas NFG.N jump 5.9% to record high $89.05 early Tues after BofA Global Research upgrades to 'buy' from 'underperform'** Brokerage boosts PT by $22 to Street-high $107, implying ~27% upside to stock's last close** BofA says in note it estimates FY26 EPS ...Reuters
Tue, Jul 15
Other
Merchandise trade volume growth stronger than expected in Q1 2025, says WTO report
GENEVA, July 15 (Reuters) - The volume of world merchandise trade grew more than forecast in the first quarter of 2025 from the previous three months, but growth is expected to slow, a new World Trade Organization report said on Tuesday. The volume of world merchandise trade rose by 3.6% in the firs...Reuters
Tue, Jul 15
Stocks
Newmont falls; company's CFO resigns
** Shares of gold miner Newmont NEM.N down 4.7% at $57.95 ** Company's CFO Karyn Ovelmen resigned on Monday ** Ovelmen's departure, which comes a little over two years into her role, was not due to any disagreement on operations, financial statements, or accounting policies, the company said...Reuters
Tue, Jul 15
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