Group 1 - Alibaba plans to increase its AI budget beyond the previously projected $53 billion over the next three years, leading to a surge in its shares [3][5] - Shares of Diamondback Energy and APA continued to rise alongside increasing oil prices due to a decline in U.S. crude inventories [3] - Freeport-McMoRan reported expectations of lower sales for copper and gold in the current quarter, making it the worst-performing stock in the S&P 500 [3] Group 2 - Major U.S. equity indexes showed little change after ending a record-setting streak [2][5] - Lithium Americas shares surged following reports that the Trump administration may take a stake in the company, potentially up to 10% [2][5] - Adobe shares declined after a downgrade from Morgan Stanley, raising concerns about its ability to monetize AI [4]

Core Viewpoint - Lithium Americas (LAC.US) shares surged over 90%, reaching a new one-year high of $5.88, following reports of interest from the Trump administration in acquiring up to 10% equity in the company to gain rights to the largest lithium mine in the U.S. [1] Group 1 - The Trump administration is seeking to invest in Lithium Americas, aiming for a stake of up to 10% [1] - General Motors (GM.US) announced a $650 million investment in Lithium Americas in February to jointly develop the Thacker Pass lithium mine in northern Nevada, which is the largest in the U.S. [1]

智通财经APP获悉，周三，Lithium Americas(LAC.US)飙升超90%，创一年新高，报5.88美元。消息面 上，路透社称，美国总统特朗普政府寻求投资Lithium Americas，寻求获得这家公司高达10%的股权， 希望拥有美国最大锂矿的权益。 此外，通用汽车(GM.US)今年2月宣布斥资6.5亿美元投资Lithium Americas，共同开发位于内华达州北部Thacker Pass的美国最大锂矿。 ...

Key Points Reuters reports that the U.S. government may take a 10% stake in Lithium Americas stock. Shares of the Canadian lithium miner nearly doubled on the news. Lithium Americas is a start-up that won't begin producing lithium for years. 10 stocks we like better than Lithium Americas › Lithium Americas (NYSE: LAC) stock soared 90.9% through 10 a.m. ET this morning after Reuters reported the start-up miner of lithium for electric car batteries may be in line for a big investment from the U.S. g ...

Core Viewpoint - The Trump administration's potential investment in Lithium Americas aligns with previous stakes in companies like Intel and MP Materials, indicating a strategic focus on critical minerals and technology sectors [1] Company Summary - Lithium Americas is positioned to benefit from increased government interest in securing domestic supply chains for lithium, a key component in electric vehicle batteries [1] - The company's operations are critical as demand for lithium is expected to surge due to the growing electric vehicle market [1] Industry Summary - The investment reflects a broader trend of government involvement in the lithium sector, which is essential for the transition to renewable energy and electric vehicles [1] - The lithium industry is experiencing heightened attention as global demand for electric vehicles continues to rise, necessitating a stable supply of lithium [1]

Core Viewpoint - Lithium Americas' stock experienced a significant increase of over 90% following news of the Trump administration seeking a 10% equity stake in the company, along with renegotiated terms for a $2.3 billion Department of Energy loan [1][5]. Group 1: Stock Performance - The stock price of Lithium Americas rose from $3.07 to $5.85, reflecting a dramatic turnaround in market sentiment [4]. - As of September 23, 2025, there were 27.58 million shares shorted, with a short interest of 13.29% of the float, indicating potential for a short squeeze [2][4]. Group 2: Government Involvement - The Trump administration's involvement is seen as a strategic move to gain control over critical raw material supply chains, similar to previous actions with companies like Intel and MP Materials [5]. - A White House official emphasized that while the administration supports the project, it is not providing "free money," indicating a focus on fair taxpayer treatment [5]. Group 3: Strategic Partnerships - The project is crucial for General Motors, which holds a 38% stake in Lithium Americas, and GM's shares rose nearly 2.5% following the news [6]. - The administration's involvement could accelerate Lithium Americas' strategic positioning and provide necessary capital for operations at the Thacker Pass Lithium Mine, the largest known lithium deposit in North America [5].

Core Viewpoint - Lithium Americas (LAC.US) shares surged over 102% to $6.23 amid reports that the Trump administration is seeking to invest in the company for up to 10% equity, aiming to secure rights to the largest lithium mine in the U.S. [1] Group 1: Investment and Partnerships - General Motors (GM) announced a $650 million investment in Lithium Americas in February to jointly develop the Thacker Pass lithium mine in northern Nevada, projected to be the largest lithium mine in the U.S. [1] - The Thacker Pass lithium mine is expected to start lithium production in 2028, potentially supplying materials for up to 1 million electric vehicles annually. [1] Group 2: Financial Negotiations - Lithium Americas is currently renegotiating the terms of a $2.26 billion loan from the Department of Energy related to its lithium mining project. [1]

Core Insights - Lithium Americas (LAC) stock surged over 90% in premarket trading following reports of the Trump administration's interest in acquiring a stake in the company, which operates the largest lithium mine in the U.S. [1] Company Summary - The Trump administration is reportedly seeking a stake of up to 10% in Lithium Americas as part of renegotiations for a $2.26 billion loan from the Department of Energy for the Thacker Pass lithium mine [2][3] - Lithium Americas has offered no-cost warrants on up to 10% of its common shares to the administration, which is also looking for purchase guarantees from General Motors, a stakeholder in the project [3] - The Thacker Pass project is expected to produce over 40,000 metric tons of lithium carbonate annually, enough to manufacture 800,000 electric vehicles, with production slated to begin in 2028 [4] Industry Summary - Currently, Albemarle's Silver Peak project is the only operating lithium mine in the U.S., producing less than 5,000 metric tons per year, highlighting the significant potential of the Thacker Pass project [5] - The U.S. has a minimal share of lithium refining, processing less than 3% of the world's lithium, while China refines over 65%, indicating a critical need for domestic supply chain development [6] - The administration's interest in Lithium Americas aligns with broader efforts to strengthen domestic production capabilities in key industries, including mining and semiconductor manufacturing [6]

Core Insights - Lithium Americas (LAC) stock surged by 95% following reports that the Trump administration is interested in acquiring a stake in the company, which operates the largest lithium mine in the U.S. [1] - The administration is seeking up to a 10% stake in Lithium Americas as part of renegotiations for a $2.26 billion loan for the Thacker Pass lithium mine [1][2] - General Motors (GM), which holds a 38% stake in the project, saw its shares increase by over 2% [2] Company Developments - Lithium Americas has proposed offering the administration no-cost warrants on up to 10% of its common shares [2] - The administration is also looking for purchase guarantees from GM, which has invested $625 million in the project [2] - The Thacker Pass project is expected to produce over 40,000 metric tons of lithium carbonate annually, enough to manufacture 800,000 electric vehicles, with production set to begin in 2028 [3] Industry Context - Currently, Albemarle's Silver Peak project is the only operational lithium mine in the U.S., producing less than 5,000 metric tons per year [4] - The U.S. aims to enhance domestic supply chains for lithium and other critical metals, as China is the world's third-largest lithium producer, generating over 40,000 metric tons annually [4][5] - China refines over 65% of the world's lithium, while the U.S. accounts for less than 3% of global refining capacity [5] Government Strategy - The Trump administration's interest in Lithium Americas reflects a broader strategy to secure stakes in domestic mining companies, similar to previous actions with MP Materials and Intel [5][6] - MP Materials shares have risen over 50% since a multibillion-dollar deal with the Department of Defense, making the government the largest shareholder [6] - Intel's shares have increased by more than 25% following discussions with the administration [6]

U.S.-listed shares of Lithium Americas surged more than 70% in premarket trading on Wednesday after a report said the Trump administration was seeking an equity stake of up to 10% in the miner, the la... ...