US lawmakers on Wednesday called for a change in Washington’s strategy to evade China’s chokehold on rare earth mineral supplies, arguing that new approaches are needed in parallel with President Donald Trump’s efforts to speed up domestic production. Proposals to dismantle the chokepoint – including new technologies and development of components that do not require…
QuantumScape Corporation (NYSE: QS), a leader in solid-state lithium-metal batteries, has partnered with Corning Incorporated (NYSE: GLW), a company specializing in glass and ceramics. This partnership aims to improve the production of ceramic separators. These separators are crucial for bringing QuantumScape’s advanced battery technology to market. Ceramics Meet Innovation: A New Era for EV Batteries…
(Bloomberg) — It’s almost old hat to the market by now. Take a struggling company, cut a deal with the US government, sealed with the approval of President Donald Trump, sit back and watch the stock take off. But after shares of Lithium Americas Corp. soared 188% in just two weeks, analysts are starting to…
Nvidia is investing in OpenAI. (Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways Powell’s Cautious Remarks Shift Focus Toward Upcoming Inflation Data Nvidia’s Massive AI Investments Drive Market Cap And Sector Momentum Lithium Americas Surges On Potential Government Stake And EV Demand Major market indices fell on Tuesday with the S&P 500 dropping 0.55%…
Memory chipmaker Micron Technology (MU) reported fiscal fourth quarter results after the bell on Tuesday that topped Wall Street estimates. Micron posted revenue of $11.3bn (£8.38bn) for the quarter, ahead of the $11.15 billion expected by analysts polled by Bloomberg. Adjusted earnings per share of $3.03 also beat forecasts of $2.84. The company’s guidance for…
(Reuters) -The Trump administration is seeking an equity stake of as much as 10% in Lithium Americas (LAC) as it renegotiates terms of the company’s $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors (GM), two people familiar with the discussions told Reuters. The proposed stake is the latest example…