Treasury Secretary Scott Bessant told us earlier this week that he's hopeful ahead of President Trump uh and President Xi's meeting today on Tik Tok's future in the US, but not everyone is sharing in that optimism. Joining us now, Congressman John Molinar is the chairman of the China uh Select Committee. And and Congressman, I was kind of saying it tongue and cheek that nuances is the word. It always is the word of the day.Um what is we we've always decided it was a big security concern and then we started ...

Speaker Johnson, um the American agenda has had a way of having some backlash on some American companies and we're kind of seeing that play out with Nvidia this morning. We just gave a comment from Nvidia's CEO where there's an article out today in the Financial Times that says Chinese authorities have told Chinese companies that they are no longer to use any chips uh or buy any chips from Nvidia. They're to cancel the orders that they have.It's probably because of the trade talks that are taking place righ ...

US-China Relations & Trade - The US-China dialogues have been focusing on tactical short-term issues rather than addressing the underlying issues in the relationship [2] - Stability in the US-China relationship is valuable, but it doesn't solve long-term challenges [5][6] - The potential meeting between President Trump and President Xi signals stability in the relationship, but a comprehensive deal is not guaranteed [4][5] TikTok & National Security Concerns - Concerns exist regarding a potential deal involving a US version of TikTok, particularly regarding national security [7] - The primary concern revolves around whether the deal adheres to the law requiring complete divestiture from Chinese ownership and influence [7][8] - There are worries that the Chinese government could potentially use TikTok to gather information on Americans or spread propaganda [9][10] - The absence of high-level national security professionals during deal negotiations raises concerns about potential backdoors or loopholes that could compromise US security [9][11] - The Chinese government's stance is that they will not take any actions on TikTok that violate Chinese law, raising questions about whether US officials will uphold US law in the same manner [12]

Industry Overview - Rare earth mineral stocks are gaining traction due to increasing global demand for electric vehicles (EVs), renewable energy, and advanced technologies, which are critical for producing permanent magnets, batteries, and high-performance materials [1] - Only a few companies outside China are successfully developing competitive supply chains in this sector [1] Company Spotlight: Energy Fuels (UUUU) - Energy Fuels has announced a breakthrough catalyst with domestically produced rare earth oxides integrated into commercial-scale permanent magnets for EVs, leading to a 6% increase in share price [2] - The company is recognized as the largest domestic producer of uranium in the U.S. and is involved in the exploration and sale of rare earth elements [4] - Energy Fuels has a market cap of approximately $2.6 billion and has seen its share price increase by 160% over the past year, significantly outperforming the S&P 500's 17% gain [5] Strategic Partnerships - Energy Fuels has established partnerships with U.S.-based companies to secure offtake and end markets for its rare-earth oxides, including a memorandum of understanding with Vulcan Elements to supply high-purity NdPr and dysprosium oxides [6] - Initial shipments of NdPr and Dy to Vulcan are expected in Q4 2025, with plans for longer-term supply contracts following material validation for magnet production [6] Financial Metrics - Energy Fuels currently trades at a price-to-sales (P/S) ratio of 35, which is significantly higher than the sector median of 1, indicating a challenging valuation compared to peers [5]

Group 1 - Asia-Pacific markets opened mixed as investors monitored U.S.-China talks in Spain and awaited data from Beijing [1] - U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met with Chinese officials, including Vice Premier He Lifeng [2] - China is expected to release data on retail sales, fixed asset investment, and urban unemployment rate [2] Group 2 - South Korea's Kospi index rose 0.67% to a record high of 3,420.23, marking its 10th consecutive session of gains [3] - The small-cap Kosdaq increased by 0.4% [3] - Hong Kong's Hang Seng Index was set to open slightly lower, with futures at 26,380 compared to the last close of 26,388.16 [3]

Space. National security. Satellite markets. Extraterrestrial life. Solana. 🌌What do all these have in common? Find out in the first episode of the Bits to Bricks pod ft. @AllPlanets and Tristan Henley with @amiravalliani.Listen and subscribe 👇 https://t.co/YsMLbx5uVM ...

former ATF director under President Biden, Steve Delach, joins us now. Welcome. Uh, what do you see as important in the manhunt, the photos out, uh, the incredible interest and and national security imperative of finding this individual.And so, I think as time goes on, there's two things that are happening. First, as time goes on, there's more time for the the suspect uh to get further away from the scene, to hide better, to do all those things, right. But as time goes on, the other thing that's happening i ...

had some news out this morning of a big manufacturing investment in state of Virginia. Is it for lovers or or Virginia. >> It's for manufacturing lovers.>> Joining us now, Virginia Governor Glenn Ynan and Hitachi Energy CEO Andre Andreas Shirbeck. Welcome both of you gentlemen. Who wants to talk. Who wants to explain it for you.you you uh you're used to talking for >> well we so the great thing is Hitachi's been in Virginia for a long time for 50 years and they're making a huge investment I'm going to let A ...

Federal Reserve & Politics - The potential firing of Fed Governor Lisa Cook by President Trump is viewed as a test case, with the legality of the action likely to be decided in court [2][3][4] - There is speculation about whether this action is a prelude to potentially removing Jay Powell as Fed Chair [4][5] - Concerns are raised about the increasing politicization of the Federal Reserve, questioning whether decisions are being made for political purposes [8][9] - The discussion touches upon whether Fed appointees are independent or loyalists to the appointing president, and the potential impact on the Fed's objectivity [10][11][12][13] - Historically, Fed appointments have been based on economic expertise, but there's a shift towards appointing politicians [14][15] Government Investment & China - The government's stake in Intel and potential future investments in other US enterprises are discussed, raising questions about government ownership of businesses [1][18][19][20] - The need for government intervention in areas like rare earth minerals and chip manufacturing to counter China's dominance is highlighted [21][23] - China controls 90% of the minerals and 95% of the processing [23] - The sale of lower power Nvidia and AMD chips to China is debated in the context of competition and potential cold war scenarios [22][24][25][26] TikTok & National Security - The inconsistencies between the approach to TikTok (a perceived national security threat) and the approach to Nvidia and AMD chip sales are noted [27][28][29] - The discussion includes the potential for TikTok's data to be managed by an American entity like Oracle to address security concerns [30][31]

Core Insights - Jacobs Solutions Inc. has secured a significant contract with the New York State Department of Transportation to provide comprehensive design services for the lower Hudson Valley region, which includes multiple counties [1][10] - The project aims to modernize highways and bridges, enhancing vital infrastructure for commuters and positively impacting Jacobs' stock performance, with shares gaining 0.5% after hours [2][9] - Jacobs will address critical safety issues across nearly 6,000 miles of state highways and over 1,000 bridges, focusing on traffic management, congestion reduction, and smart transportation technologies [3][5] Project Details - The scope of work includes major upgrades to improve safety and connectivity, reflecting Jacobs' commitment to innovative and future-ready solutions [5][10] - Jacobs is also developing a Cyber and Engineering Academic Center in collaboration with the United States Military Academy at West Point, expected to be completed by the end of 2025 [4] Financial Performance - Jacobs' backlog reached a record high of $22.7 billion at the end of the third quarter of 2025, representing a 14.3% increase year-over-year, with a book-to-bill ratio of 1.2x [8] - The company has seen a 14% year-over-year growth in gross profit in backlog, indicating a strong standing for both the near and long term [8] Market Position - Jacobs' stock has outperformed the Zacks Technology Services industry, gaining 17.8% over the past three months compared to the industry's 13.1% growth [9][10] - The company is expected to benefit from ongoing trends in infrastructure modernization, energy transition, and national security, supported by government initiatives [9]