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The recent news of Ivanhoe Electric receiving an indication from the Export-Import Bank of the United States (EXIM) to provide up to $825 million in financing for its Santa Cruz Copper Project has sent shockwaves through the market, with shares currently trading at 6.06 as of this writing. About Ivanhoe Electric Ivanhoe Electric is a … Read more
As tensions between the US and China continue to escalate, one stock has caught our attention – MP Materials (MP). The company’s shares have surged over 20% in a single day, making it one of the biggest gainers on the market today. But what’s behind this sudden surge? The answer lies in President Trump’s plans … Read more
Demand for solar energy in power-starved Nigeria has soared in the last decade thanks to worsening grid reliability and rising fuel costs. That’s drawn investor interest to Arnergy, a cleantech startup meeting that need. The company just raised a $15 million Series B extension (on top of a $3 million B1 round last year), bringing … Read more
General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC. GM told CNBC that the cuts were not related to the ongoing trade war being waged by President Donald Trump. The company is cutting one of the two shifts at the … Read more
Customers waiting to get behind the wheel of a more affordable Cybertruck have, at long last, an entry-level option courtesy of CEO Elon Musk. But they may be in for a sticker shock—all told, Tesla shaved only $10,000 off the price of the new rear-wheel-drive pickup while simultaneously stripping away a number of features prized … Read more
Amazon CEO Andy Jassy said artificial intelligence infrastructure remains too expensive for widespread enterprise use, but that’s exactly what Amazon Web Services aims to change by developing its own chips and slashing inference costs. Speaking on CNBC’s Squawk Box, Jassy pushed back against speculation that recent advances in artificial intelligence model efficiency, such as those … Read more
Bitcoin whale demand is surging, lifting Bitcoin prices. Is BTC USD set for $90,000? In the last three months, prices plunged by nearly 30% from all-time highs, triggering massive liquidations. As prices pick up momentum, the Bitcoin hash rate is also trending higher, recently reaching all-time highs. Although the Bitcoin price pulled back yesterday, dropping … Read more
A for-sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Volatility in financial markets caused a sharp drop in mortgage interest rates last week, which resulted in a big spike in mortgage demand. Total mortgage application volume jumped 20% last week … Read more
Binance CEO Richard Teng shared his belief that growing macro instability and U.S. protectionism may ultimately strengthen the case for Bitcoin and other digital assets. Binance CEO Richard Teng said that rising global uncertainty — driven in part by renewed U.S. protectionist policies — may ultimately accelerate crypto adoption, even if the short-term outlook remains … Read more
The U.K. government has lost its bid to keep secret the details of a surveillance order it brought against Apple, according to a newly released decision by the U.K. surveillance powers’ court. The decision, posted on Monday by the Investigatory Powers Tribunal in London, means that parts of the legal case will be held in … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4