Freeport-McMoRan Inc
The copper market shows how tariffs are putting traders and businesses in a bind
Lingering uncertainty over the 90-day suspension of President Donald Trump’s high tariffs could scramble some traditional market signals as traders and businesses try to get ahead of government policy. Copper is one asset caught up in such a push-pull scenario, according to Morgan Stanley. The metal, sometimes referred to as ” Dr. Copper ,” has […]
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Stocks making the biggest moves midday: PepsiCo, Texas Instruments, ServiceNow, IBM and more
Check out the companies making headlines in midday trading: Hasbro — The toymaker soared 16.3% after the company’s first-quarter report beat expectations. Hasbro earned $1.04 per share, excluding items, on $887.1 million in revenue. Analysts polled by FactSet forecast 67 cents in earnings per share and $771.1 million in revenue. Hasbro added it is not […]
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Stocks making the biggest moves premarket: Five Below, Microchip Technology, ProAssurance and more
Check out the companies making headlines before the bell. QXO — The building products distributor added 4.8% after announcing it would acquire rival Beacon Roofing Supply in a deal worth $11 billion. The deal is expected to close by the end of April. Shares of Beacon were trading 2% higher. PDD Holdings — The Temu […]
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A stock poised to break out as copper prices climb — How to play it
Freeport-McMoRan (FCX) is set for a potential breakout as copper prices approach their 52-week highs, driving renewed interest in the largest global copper mining company. FCX, which generates most of its revenue from copper, is starting to outperform both the S & P 500 and its sector, signaling a bearish-to-bullish turnaround. The company’s recent earnings […]
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Stocks making the biggest moves premarket: Nvidia, Snowflake, Salesforce, eBay and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling ticked up about 1% after Nvidia reported earnings and revenue that surpassed Wall Street estimates in the fourth-quarter . It also issued a better-than-expected outlook for revenue in the current quarter. To be sure, Nvidia also warned that global competition […]
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Stocks making the biggest moves midday: AppLovin, Flywire, Bloomin’ Brands, Advance Auto Parts and more
Check out the companies making headlines in midday trading: General Motors — Shares jumped 5% after the automaker said it would raise its quarterly dividend by 25% to 15 cents per share. GM also initiated a $6 billion share repurchase plan, with $2 billion in buybacks planned for the second quarter. Anheuser-Busch InBev — Shares […]
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These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
Trivariate Research is laying out some U.S. companies that could win big in China’s latest stimulus deal. Last week, China’s central bank released a raft of support measures to help stimulate economic growth and boost a struggling real estate market in the second-largest economy in the world. The measures included cutting the amount of cash […]
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Morgan Stanley’s shopping list for commodity stocks to get a boost from China stimulus
These commodity stocks could win big as China moves to boost its struggling real estate sector and economy, according to Morgan Stanley. The picks from the investment firm come after China’s central bank laid out plans to support a lagging housing market and said it would slash the amount of cash needed on reserve for […]
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A key chart breakout by this materials stock suggests more upside to come
While gold and silver have been on a tear in August and September, one leading copper miner has struggled to find support. But improved price action this week suggests Freeport-McMoRan, Inc. (FCX) may be poised for further upside into the fourth quarter. Before we get this week’s breakout, we first need to understand how the […]
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An AI knowledge heart growth is coming, Jefferies says, naming top rated shares to obtain appropriate now
Synthetic intelligence is set to give the world wide data centre sector a significant strengthen, according to Jefferies, and usher in a “new era of electrical power demand from customers.” “As GPUs [graphics processing units] have develop into a greater element of the facts center ecosystem and generate AI investments, desire for electricity and facts […]
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