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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Shares of MP Materials gained 20%, closing at $58.22, a record closing high. Apple stock rose 0.2%, while the S&P 500 and Dow ...
Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...
The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.
MP Materials stock has risen 255% after a $400 million deal from the Pentagon and a $500 million magnet contract with Apple.
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...
US-based rare earth producer MP Materials has entered into a definitive, long-term agreement with tech giant Apple to supply ...
MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced.
MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares ...
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Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...