Johnson & Johnson (JNJ) shares tick higher in pre-market trading after the company raised its full-year earnings and sales guidance, though looming pharmaceutical tariffs from President Trump remain a key risk for the sector.

Following a $500 million deal with Apple Inc (NASDAQ: AAPL) to provide rare earth materials, MP Materials Corp (NYSE: MP) stock is trending on Wednesday.

The long-term bull case for the stock rests on the idea that U.S. administrations will aim for rare earth material independence from China, and MP Materials, a company that operates the only rare earth and processing facility, at Mountain Pass in California, , will be a key part of the process.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not MP Materials. Not even close.

American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said Apple CEO Tim Cook.

Rare earths producer MP Materials (MP) is powering Wall Street today after a partnership with the Department of Defense

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Deal will make the US Department of Defense the largest shareholder in MP, the sole domestic producer of rare earth elements.

Detailed price information for MP Materials Corp (MP-N) from The Globe and Mail including charting and trades.