MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the US rare earths miner inked a supply deal with Apple.

Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.

The Dow Jones index rose Thursday on surprise jobless claims and retail sales. Nvidia chipmaker TSMC rose on earnings.

The Act creates the risk whereby an expropriated owner can only contest on their own dime compensation unilaterally decided ...