Rare Earth Stocks Pop After G7 Unveils Plan To Reduce Dependence On China For Critical Minerals

US Boosts Venezuela Earthquake Aid To $300 Million As 50,000 Remain Missing Summary: US Increases Earthquake aid Aftershock rattles Caracas on Monday morning  +50,000 people remain missing according to independent monitoring platform US Military Begins Humanitarian Operation In Quake-Ravaged Venezuela US Increases Earthquake Aid The US has increased its financial commitment to Venezuela's earthquake response to more than $300 million, according to the State Department. We reported this past weekend that U.S. military personnel were, in fact, on the ground and had begun search-and-rescue operations. The latest pledge includes an additional $50 million in funding for partner operations, on top...

Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades Roblox shares plunged 21% in premarket trading in New York - the most in two years if losses hold through the cash session - after second-quarter users and bookings missed Bloomberg Consensus estimates, reflecting softer engagement following the rollout of new child-safety measures. Daily active users reached 123 million versus the 128.7 million consensus, while bookings totaled $1.56 billion, below the $1.6 billion estimate. Roblox forecast third-quarter bookings of $1.58 billion to $1.65 billion, representing a 14% to 18% decline...

Interceptor-Drone Arms-Race Emerges The next type of aerial system likely to be stockpiled at scale by militaries worldwide is the interceptor drone. We've already seen early evidence of this across Eurasia, with Ukraine selling its interceptor drones to the highest bidder. The Russia-Ukraine war accelerated the development of cheap one-way attack drones. Early in the war, missile interceptors used by Ukraine were too costly and drained the stockpiles of Western militaries at dangerous rates. The proliferation of cheap interceptor drones levels the playing field and provides a low-cost solution against Russian-produced Geran...