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MP's "Strong" Quarter: Accelerated Production, Long-Term Agreements With Major Tech Companies
MP's "Strong" Quarter: Accelerated Production, Long-Term Agreements With Major Tech Companies
MP Materials Corp. reported fourth quarter revenue of $52.7 million and net income of $9.4 million, or $0.05 per diluted share, yesterday reflecting a sharp year-over-year improvement driven largely by price floor protection under its agreement with the U.S. Department of War.
Full year revenue rose 10% to $224.4 million as the company ramped separated product output and began generating magnetic precursor sales.
MP said in a press release yesterday that operationally, 2025 marked a step-change in upstream and midstream execution. MP...
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Apr 14, 2026 / Tyler Durden
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records
Rep. Eric Swalwell (D-CA) resigned from Congress on Tuesday, effective today, capping a stunning collapse of his political career just one day after he suspended his bid for California governor. The move came hours after a new accuser, Lonna Drewes, held a press conference in Beverly Hills alleging that Swalwell drugged, raped, and choked her unconscious in a West Hollywood hotel room in July 2018.
Drewes, a former model and fashion technology entrepreneur, told reporters she...
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May 16, 2026 / Tyler Durden
Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran
Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran
Via The Cradle
The UAE tried but failed to persuade neighboring states, including Saudi Arabia and Qatar, to take part in a coordinated military attack on Iran, Bloomberg reported Friday, citing sources familiar with the matter.
UAE President Mohammed bin Zayed (MbZ) spoke by phone with Saudi Crown Prince Mohammed bin Salman (MbS) and other regional leaders to propose the coordinated attacks, shortly after the US and Israel launched the war on Iran on February 28, the sources said.
During the calls, MbZ argued that...
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Aug 20, 2026 / Kyle Anzalone
North Korea Conducts Third Missile Test This Month
North Korea test-fired several short-range ballistic missiles as the US and South Korea are engaging in war games. The South Korean military reported the North Korean missile test on Thursday. The missile launch occurred after President Trump requested a meeting with Supreme Leader Kim. When asked by a reporter if he planned to meet with […]
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