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Finance & Markets

UK Surveyors Face Weakest Housing Market Since 2023, RICS Says

British property agents are more downbeat about home sales than at any point in over three years, according to a survey showing that soaring mortgage costs are sapping demand.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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The $150 Billion Catch in US Shipbuilding

South Korea pledged $150 billion to revive US shipbuilding. But with the first shipbuilding contract between Hanwha Group and the US Navy worth only $269 million, it’s Washington’s turn to take the…

Nvidia's stock dives as board weighs move to oust Jensen Huang

Nvidia shares fall sharply in after-hours trading as the company's board considers whether to remove Jensen Huang as CEO.

  • Nvidia's stock drops 8% after board decides to remove CEO Jensen Huang
  • Huang admits to extramarital affair with Alice Huang, a Chinese secret agent
  • Investigation into Huang's conduct triggers $450 billion drop in Nvidia's market value

USA Rare Earth Earnings Report Left Me With 1 Big Unanswered Question

USA Rare Earth has invested heavily in growth, but it's still waiting on profits.

  • USA Rare Earth aims to become a world-leading, vertically integrated mine-to-magnet supplier.
  • Company has made significant acquisitions, including Serra Verde Group for $2.8 billion.
  • Uncertainty remains on whether profits will follow the projected sales growth.

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