Palantir Technologies Inc (NYSE: PLTR) slipped more than 4.0% on Friday following reports of serious cybersecurity issues in its battlefield communication system co-developed with Anduril.An internal US Army memo flagged the NGC2 platform this morning as posing “very high risk” due to vulnerabilities that could allow adversaries undetectable access.Gabrielle Chiulli…
Lithium Americas stock (NYSE: LAC) soared 30% on Friday, as the investor excitement continues over the US government’s announcement about taking a 5% stake in the company.It’s a clear signal of just how important domestic lithium production has become, especially with the booming demand for electric vehicles and the push…
USA Rare Earth Inc. (NASDAQ: USAR) soared over 20% this morning after Barbara Humpton, its chief executive, said the mining firm is in “close communication” with the Trump administrationInvestors are reading it as a sign that the Oklahoma-headquartered company – which aims to build a domestic supply chain for critical…
On Friday, Europe saw developments across geopolitics and financial markets, with an update from the unfortunate attack in Manchester on Thursday.A deadly attack at a Manchester synagogue, activity in the European stock markets, and updates on EU sanctions against Russia dominated headlines. Manchester synagogue attack and police responseIn a tragic…
Applied Materials, one of the world’s largest suppliers of semiconductor manufacturing equipment, is bracing for a significant financial setback as new US export restrictions tighten the flow of chipmaking tools to China. The company disclosed in a filing Thursday that the rules could reduce its revenue by $710 million over…
The United States closed the week with a mix of geopolitical tension, domestic political gridlock, and significant corporate developments. President Donald Trump issued a deadline for Hamas to accept a peace proposal, while Washington’s budget impasse extended the government shutdown. Meanwhile, Berkshire Hathaway restructured its leadership, Nissan announced a major…
Here’s a quick recap of the crypto landscape for Friday (October 3) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$120,724, trading 13 percent higher…
Minera Alamos (TSXV:MAI,OTCQX:MAIFF) announced that it has completed its purchase of the Pan gold mine and two development-stage projects in Nevada from Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX). The Toronto-based company said Wednesday (October 1) that it closed the previously announced transaction to acquire the Pan mine, along with the Gold Rock and…
The silver price kept surging on Friday (October 3), breaking US$48 per ounce. The white metal last reached this level in 2011, the same year it nearly hit US$50 for only the second time in history. Silver’s first run to the US$50 level came in 1980, when the Hunt brothers…
The European Central Bank (ECB) has signed a framework agreement with security technology firm Giesecke+Devrient (G+D) and its partners Nexi and Capgemini to deliver offline payment capabilities for the digital euro. The trio, led by Munich-based security firm G+D, ranked first among tenderers for the contract to design, implement and…