USA Rare Earth has attracted billions in government and private capital, but unresolved questions about Round Top’s ore quality, delayed commercial production and Cantor Fitzgerald’s involvement continue to shadow Washington’s ambitious critical minerals bet.
Leading AI executives are expected before the U.N. Security Council as warnings over advanced models collide with Trump’s growth focused stance and a string of disclosures involving autonomous hacking, cyber incidents and other concerning behavior.
Xi Jinping’s state visit is approaching, but Beijing has not named the Chinese executives accompanying him. Microsoft CEO Satya Nadella is expected at Thursday’s dinner, while representatives from several prominent Chinese companies reportedly remain under consideration.
Bitcoin held near $86,000 as ETF demand, forced buying, and a technical breakout strengthened analysts' conviction that crypto winter has ended, although the market remains about 30% below its October record valuation.
Warner Bros. Discovery and Paramount Skydance shares jumped as settlement discussions advanced over the $111 billion acquisition, with proposed terms requiring 30 theatrical releases annually and imposing steep penalties when the combined company falls short.
Goldman expects corporate profit growth to slow rather than collapse as the AI investment boost fades. Snider still forecasts a 14% S&P 500 rally, while Bank of America warns that investor positioning remains overly bullish.
Warren Buffett is relinquishing Berkshire Hathaway’s chairmanship after six decades of extraordinary growth, leaving Howard Buffett to guard its culture while CEO Greg Abel faces pressure to deploy a $365.5 billion cash reserve and revive lagging shares.
Gold climbed against the pound and dollar after the Bank of England held its benchmark rate at 3.75%, while persistent inflation, an energy crisis, and the Federal Reserve’s latest increase shaped the broader market recovery.
The Bank of England held rates at 3.75% despite inflation reaching 3.1%, breaking with other major central banks as dissenting policymakers warned that energy shocks and entrenched price pressures could force tighter policy soon.
The Fed’s unanimous rate increase rattled stocks and lifted Treasury yields as Warsh emphasized inflation control. Officials largely expect another increase this year, although their projections become sharply divided in 2027 and beyond.
Jamie Dimon warns that inflation may remain stubborn after the Federal Reserve raised rates, stocks slipped and Treasury yields climbed, though low unemployment and corporate profitability continue to signal that an economic downturn is not imminent.
Gold remained under pressure after the Empire State Manufacturing Survey fell sharply below expectations, as traders focused instead on a potential Federal Reserve rate increase, a stronger U.S. dollar, and 10 year bond yields above 5%.
The 10 year Treasury yield reached 5.02%, its highest level since 2007, prompting fund managers to reduce bullish stock positions and raise cash while keeping faith in earnings, artificial intelligence investment, and economic growth.