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Pentagon suppliers urge delay on China rare earth magnet ban for US military contracts.

Market News
18 May 2026
Namrata Sen
View Source
Neutral
pluang ai news

US defense contractors are requesting a postponement of the January 1, 2027 ban on sourcing rare earth magnets from China for military contracts. These magnets, crucial for advanced weapons and tech products, are currently dominated by Chinese production. The ban aims to reduce US reliance on China amid supply chain risks and geopolitical concerns. The Trump administration is pushing for stricter enforcement of sourcing rules and has launched initiatives like Project Vault to build a domestic critical minerals stockpile. The delay request reflects challenges in quickly shifting supply chains away from China.

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First Hawaiian to release Q2 2026 results on July 24 with a conference call scheduled.

First Hawaiian to release Q2 2026 results on July 24 with a conference call scheduled.

First Hawaiian, Inc. announced it will release its second quarter 2026 financial results on July 24, 2026, before the market opens. The company will hold a conference call at 1:00 p.m. Eastern Time the same day to discuss the results, accessible via ...

Company Fundamentals
Neutral
2 hours ago
Scully Royalty bans shareholder reimbursements without 75% approval to protect company resources.

Scully Royalty bans shareholder reimbursements without 75% approval to protect company resources.

Scully Royalty Ltd.'s Board of Directors has implemented a new policy that prohibits the company from reimbursing or funding shareholder costs unless approved by at least 75% of voting shareholders. This policy aims to preserve company resources and ...

Company Fundamentals
Neutral
4 hours ago
Circle mints $250M USDC on Solana, boosting stablecoin liquidity and Solana's DeFi role in 2026

Circle mints $250M USDC on Solana, boosting stablecoin liquidity and Solana's DeFi role in 2026

Circle has issued an additional $250 million USDC on the Solana blockchain, contributing to a total USDC minting on Solana of about $64.25 to $64.78 billion in 2026. This move reflects strong demand for dollar liquidity within Solana's network, enhan...

Protocol Fundamentals
Bullish
4 hours ago
Calamos Global Dynamic Income Fund downgraded to Hold amid high rates and limited growth potential.

Calamos Global Dynamic Income Fund downgraded to Hold amid high rates and limited growth potential.

The Calamos Global Dynamic Income Fund (CHW) has been downgraded to a Hold rating due to concerns over rising interest rates and limited upside potential. Although CHW trades at a 9.45% discount to its net asset value and offers an 8.1% yield with st...

Analyst Insights
Bearish
4 hours ago
Solo home miner wins $200,000 Bitcoin jackpot with $150 Bitaxe device

Solo home miner wins $200,000 Bitcoin jackpot with $150 Bitaxe device

A solo Bitcoin miner using a $150 Bitaxe device won the full 3.1382 BTC block reward, worth about $200,000, after mining block #957382 on July 9, 2026. The miner operated the device at nearly 1 TH/s for eight hours, beating massive network competitio...

Protocol Fundamentals
Bullish
4 hours ago
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