Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs

This Time Is Different? Earnings & Price Break 90-Year Trends Authored by Lance Roberts via RealInvestmentAdvice.com, September, so far, is living up to its reputation. The market slipped to the 50-day moving average, with the tape taking orders from crude oil. For the week, crude rose about 9% over four sessions, which pulled the 10-year Treasury yield higher right along with it, closing just under 5%. The corners of the market that hate higher rates slid while the S&P 500 dipped 0.68% to close the week at 7,666. However, that rather...

USA Rare Earth Actively Pursuing Acquisition Opportunities Around The World At the Semafor World Economy forum, USA Rare Earth CEO Barbara Humpton explained that the company is actively pursuing acquisition opportunities worldwide across the entire critical minerals supply chain. This includes everything from extraction and refining to magnet production. Highlighting the company’s international strategy, she pointed to a recent agreement to acquire a stake in Carester, a rare earth processing firm based in France, in partnership with French investor Infravia, according to Semafor.  Speaking in Washington, DC, Humpton noted that this move...

Oil Slides As Russia Willing To Resume Trilateral Talks With Ukraine, After 'Productive' Witkoff Visit The Kremlin has on Wednesday communicated to Trump envoy Steve Witkoff that Russia is "in principle, ready to resume" trilateral negotiations involving the US and Ukraine, toward finding a permanent settlement to the war. Oil prices slipped lower on the report... Witkoff briefed President Putin at Constantine Palace in St. Petersburg on Wednesday, coming off the prior Tuesday Oslo meeting involving Ukraine's Zelensky. Kremlin file imageRussia described a generally 'productive' atmosphere and talks, but no particular breakthroughs were announced,...