USA Rare Earth secures up to $1.6B CHIPS funding for US expansion
USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under
Business
Stocks
US Spot Bitcoin ETFs See Record 11-Day Outflow Streak
According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under $70,000 from US spot bitcoin ETFs. This
Investing
France beats UK and Germany to remain Europe’s top FDI destination
France has maintained its position as Europe’s leading destination for foreign direct investment projects, according to the latest EY Europe Attractiveness Survey. The
Investing
US dollar resilient as traders brace for key economic updates
The US Dollar held its ground on Wednesday as investors assessed escalating tensions in the Middle East while preparing for a series of
Economy
OECD sees slower growth ahead as Hormuz shock hits global economy
The Organisation for Economic Co-operation and Development (OECD) delivered a cautious global economic outlook on Wednesday, downgrading growth forecasts while raising inflation projections
Economy
EU industries brace for layoffs as Iran War drives energy costs
European automotive, construction, metals, chemicals, and transport sectors could lose up to 1.3 million jobs this year due to a sharp rise in
Economy
Interview: RF Lafferty’s Robert Hackel says Dell, HPE among top hidden AI plays
US equities remain remarkably resilient, even as a standoff between the United States and Iran over the Strait of Hormuz continues. The S&P
Gold
Tesla extends growth streak as China-made EV sales climb 39.4%
Tesla’s Chinese-made electric vehicle sales increased 39.4% year-on-year in May, marking the sixth consecutive month of growth as the company maintained its position
Gold
CHZ surges 7% on Chiliz fan token partnership
Chiliz has emerged as one of the best-performing cryptocurrencies among the top 100 by market capitalization on June 2nd. The token is up
Gold
FTSE 100 rises as mining stocks rally on stronger metal prices
The UK’s blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under