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Helena Cheng

USA Rare Earth gains after delivering better-than-expected quarterly results

USA Rare Earth is rising in postmarket trading after releasing better-than-expected Q1 results.

Key numbers:

  • Revenue of $5.67 million (compared to analyst estimates of $4.22 million).

  • An adjusted loss per share of $0.12 (estimate: a $0.14 loss).

Management aims to achieve 3,000 metric tons per annum of run rate for metal-making and alloy capacity by year-end, along with 600 MTPA of run rate for magnet manufacturing capacity.

The results come during a period of unease in the global rare earth market. China previously moved to drastically curb critical mineral access in October, adding five new elements to its export controls and freezing supplies to semiconductor manufacturers. These materials may be on the agenda during discussions between US and Chinese leadership this week.

In response, the US has scrambled to build domestic production buffers. In January 2026, USA Rare Earth secured a landmark $1.6 billion government-backed package from the Department of Commerce, which included a $1.3 billion senior secured loan under the CHIPS and Science Act and $277 million in direct incentives in exchange for a 10% federal equity stake.

The company also announced a definitive agreement to acquire Serra Verde Group, owner of the Pela Ema rare earth mine and processing plant in Goiás, Brazil. The $2.8 billion acquisition is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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