Beijing's suspended export controls switch back on in November, weeks before Washington bans Chinese magnets from its weapons. With NdPr back near US$100/kg, the West's $110 floor is propping up producers at the taxpayer's expense. Rare-earth bulls spent April watching the one number that matters slide the wrong way. Praseodymium-neodymium (NdPr) oxide, the blended feedstock behind the magne
United States President Donald Trump and Secretary of State Marco Rubio said on Tuesday that negotiations between the United States and Iran remain active, contradicting reports from Iranian state media that communications between the two sides had ceased. The comments came after Iran's Fars news agency reported, citing a source, that Tehran and Washington had stopped exchanging messages severa
Alphabet Inc is raising US$80 billion (A$111 billion) to fund an aggressive expansion of its artificial intelligence (AI) infrastructure with Berkshire Hathaway contributing $10 billion in a private placement. Alphabet said the capital would support growing demand for AI computing capacity across its products and services, including search, cloud computing and custom AI chips. The technology
Australia's economy grew at a slower-than-expected pace in the March quarter, with subdued household spending, weaker government consumption and weather-related disruptions weighing on activity despite strong investment in data centre infrastructure. The Australian Bureau of Statistics (ABS) reported that gross domestic product rose 0.3% during the March quarter and 2.5% over the year, marking
United States job openings unexpectedly surged in April to their highest level in nearly two years, signalling resilient demand for workers even as hiring activity slowed and employee confidence weakened. The Bureau of Labor Statistics (BLS) reported on Tuesday that available positions climbed to 7.6 million during April, an increase of 731,000 from the previous month and the highest reading si
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Anthropic announced on Tuesday it was expanding Project Glasswing - its restricted partnership built around Claude Mythos Preview, the model developed specifically for identifying software vulnerabilities - from roughly 50 organisations to approximately 200, with each new partner required to meet security clearance requirements before gaining access. The expanded group brings stronger represent
Europe saw an uptick of newly registered Tesla's in the month of May. In France, a particularly boost was seen with a 655% increase year over year on a proxy for sales. Denmark was a 131% increase, Sweden was 71% and Norway saw a 29% jump as well. This is a bounce back for the carmaker, which lost close to half of its European market share in 2025, mostly due to growing competition from C
Anthropic has taken another step toward a stock market listing by filing for an initial public offering (IPO) in a move that could spark a wave of US$1 trillion (A$1.4 trillion)-plus deals. The privately-owned artificial intelligence (AI) model developer said it had confidentially submitted a draft registration statement on Form S-1 to the United States’ Securities and Exchange Commission (SEC)
Hewlett Packard Enterprise (NYSE: HPE) reported a Q2 revenue of US$10.7 billion, a 40% jump year-on-year and the company's strongest top-line result since spinning out of Hewlett-Packard in 2015. Earnings beats were realised across every key financial metric:GAAP diluted EPS swung to $0.44 from a loss of $0.82 in the prior corresponding periodNon-GAAP diluted EPS came in at $0.79, above prior g
Global financial markets have absorbed the shock of escalating tensions in the Middle East with unexpected resilience, according to Australian Retirement Trust (ART) Senior Portfolio Manager Jimmy Louca. He said the reaction to the United States’ conflict with Iran had been more muted than during other market disruptions, particularly United States President Donald Trump’s ‘Liberation Day’ anno
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