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- Meta Critical Minerals Appoints West Point Senior Advisor John Melkon to Strategic Advisory Board
Meta Critical Minerals (CSE: MTTA) has appointed John Melkon, a senior advisor to the United States Military Academy, to its Strategic Advisory Board, effective immediately. Melkon brings 30 years of experience negotiating critical supply chains for U.S. national security and is leading the Critical Minerals Consortium at West Point. The company says his expertise will help it engage U.S. government, military and industry stakeholders and advance its two Wyoming projects, Arcadia and Lake Owen. Citing the USGS 2026 Mineral Commodity Summaries, the release notes that the U.S. was 100% import-reliant on scandium and titanium sponge metal and 67% import-reliant on rare earths in 2025. The company also recently received approval for a 10,500-foot (3,200-metre) drill program at the Dugout Creek deposit within its Arcadia Project.
- Critical Metals Rises 4% on Trump’s Greenland Mineral Exploration Plan; USA Rare Earth Declines 3%, MP Materials Slips 2%
Critical Metals (CRML) rose 4% to $6.80 in morning trading after President Donald Trump said large-scale oil, gas and mineral exploration is preparing to begin in Greenland, though he named no projects, operators or timetable. It is the only one of three closely followed U.S.-listed rare earth stocks with a project on the island, the Tanbreez project in southern Greenland, which the company says contains 19 critical elements and holds the only rare-earth exploitation permit there. Peers fell, with MP Materials down 2% to $41.71, USA Rare Earth down 3% to $10.95, and the VanEck Rare Earth and Strategic Metals ETF (REMX) down 1% to $56.96. The article notes Critical Metals is a development-stage company with no operating revenue and substantial going-concern doubt, and that the gain rests on a broad policy signal until a formal program names Tanbreez.
- USA Rare Earth Drops 6% With Milestone-Based Government Funding Still Ahead of It; MP Materials Falls 6%, Critical Metals Holds Steady
Rare earth stocks sold off as a group: USA Rare Earth (USAR) fell 6% to $11.86 and is down 30% over the past month, while MP Materials dropped 6% to $43.45 and Critical Metals (CRML) held near $6.82 with a 0.5% dip. The VanEck Rare Earth ETF (REMX) fell 5%, while the SPDR S&P 500 ETF Trust (SPY) was down only 0.1%, suggesting the selling is concentrated in the sector. USA Rare Earth has not announced any news explaining the move. Its government reimbursement is milestone-based and paid only after targets are met, with a first distribution application expected in the coming months. In Q2 2026, the company reported revenue of about $6 million against $66 million in capital expenditures and roughly $1.5 billion in cash, with its main Round Top project targeting commercial operations in late 2028.
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- Intel stock pops after JPMorgan gives a Neutral upgrade
JPMorgan (JPM) upgraded Intel (INTC) to Neutral from Underweight. The note points to improving execution under CEO Lip-Bu Tan, potential foundry customers for next-generation manufacturing, and rising earnings estimates for 2027 and 2028.
- Intel leads chip stocks higher as investors jump back into AI trade
Chip stocks rebounded on Monday as investors bought the dip after last week's steep AI trade sell-off. The PHLX Semiconductor Index (^SOX) rose 2%, reversing a recent semiconductor rout. Intel (INTC) jumped 5% after JPMorgan upgraded the stock to Buy, citing "solid execution." Nvidia (NVDA) and AMD (AMD) also gained, while a Goldman Sachs upgrade of CoreWeave (CRWV) to Buy from Neutral helped lift AI sentiment. Arm Holdings (ARM), Micron Technology (MU) and SK Hynix (SKHY) also rebounded after sharp declines last week.
- Netflix stock is down roughly 25% in 2026 as Q3 earnings loom
Netflix (NFLX) reports third-quarter results after the bell on Tuesday, with the stock down more than 25% this year and closing Friday near $70, versus $93.76 at the end of 2025. Investors are worried about slowing viewership, competition from YouTube, and live sports moving to Amazon Prime Video and HBO Max. Last week Netflix cut about 6% of its workforce (roughly 1,000 employees) and named Peter Rice its new chief content officer, and five firms lowered price targets in October. Analysts expect EPS of $0.82 on revenue of $12.88 billion, up about 12% from a year earlier, in line with Netflix's own forecast. KeyBanc's Justin Patterson wants more content investment, product changes, expense cuts and a possible first-ever dividend.
- Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher
Cleveland-Cliffs (CLF) rose 10% to $13.29 after reporting third-quarter adjusted EBITDA of $612 million, beating its $575 million guidance and up sharply from $143 million a year earlier. Revenue of $5.61 billion missed the $5.72 billion expected, though sales rose 18.6% year over year on a higher average net selling price of $1,177 per ton and larger shipments. Management said imports remain well below historical levels, but it indefinitely idled the galvanizing lines at its Canadian unit Stelco due to oversupply. The company guided to about $715 million of adjusted EBITDA in Q4 and said 2027 adjusted EBITDA should exceed $4 billion based on current index price forecasts. Its target is to bring net debt to EBITDA below 2.5x by mid-2027.
- Tech rebounds as semiconductor stocks jump: AlphaCheck
Stocks were mostly higher on Monday as investors turned their focus to earnings season, with semiconductor stocks rebounding after last week's sharp sell-off. The Tech sector (XLK) rose, led by Nvidia (NVDA), AMD (AMD), Micron (MU) and SK Hynix (SKHY). Intel (INTC) also jumped after JPMorgan analysts upgraded the stock, while CoreWeave (CRWV), hammered last week, rebounded on a Goldman Sachs upgrade. Investors are watching this week's reports from Netflix (NFLX), SpaceX (SPCX), Tesla (TSLA) and Meta (META). The 10-year Treasury (^TNX) yield hovered near 5.1%, while Brent crude (BZ=F) dropped to $108 per barrel and WTI (CL=F) hovered below $98.
- AI capex may be Meta's biggest earnings test
Meta Platforms (META) reports third-quarter earnings after the close on Wednesday, alongside a wave of Big Tech peers. The GAAP EPS estimate is $3.54, though that figure may be messy because a legal settlement will be included and analysts differ on how it will be accounted for. Options imply a 3.2% move in either direction, the smallest since the fourth-quarter report before last. Estimates for next year's capex vary widely: Wedbush near $250 billion, Evercore ISI $210 billion, Bank of America $205 billion and Dan Ives around $194 billion. Most analysts say that spending is acceptable if Meta provides a Muse roadmap and confidence it can monetize it, and the stock is up about seven and a half percent year to date.
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