USA Rare Earth (USAR) stock jumps on US government stake. The rare earth miner and producer based in Oklahoma received and agreed to a non-binding letter with the US Dept of Commerce to give the government an equity stake for a $1.3 billion loan and $277 million in fed funding. The company will also conduct a $1.5 billion capital raise. This deal for USAR will give them preferred domestic platform in the US for rare earth development.

From Diamond to Dog. Booz Allen Hamilton (BAH) jumped 8% last week on earnings and guidance, but the stock is pulling back 11% as the US Treasury Depart cancelled all its contracts with the company after its was revealed the company failed to protect sensitive data including taxpayer’s IRS data. The department had 31 contracts worth $21 million.

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