Trump Sets Sights On This Lithium Stock After Stakes In Intel And MP Materials

Group 1 - The Trump administration is reportedly seeking to acquire an equity stake of up to 10% in Lithium Americas, indicating a move towards state capitalism [1] - The company is currently renegotiating terms of a $2.26 billion agreement with the Energy Department [1] Group 2 - The stock market experienced a decline as Fed chief Powell commented on the high valuation of stock prices [2] - Micron's earnings and guidance exceeded expectations, contributing to a rise in tech futures [1]