Newmont, Eastman Chemical Among Top Quant Picks in Materials as Earnings Loom

Seeking Alpha14:19 ET

Here's How Much You Would Have Made Owning Freeport-McMoRan Stock In The Last 5 Years

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 22.62% on an annualized basis producing an average annual return of 35.9%. Currently, Freeport-McMoRan has a market

BenzingaJul 11 11:30 ET

US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.

Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high

wallstreetcnJul 8 18:41 ET

Metals & Mining Monitor | Base and Precious Metals Prices Bounce Back; Freeport Cuts Q2 Outlook for Copper, Gold Sales

Base and precious metals prices bounce back; Freeport cuts Q2 outlook for copper, gold.

Moomoo News AUJul 8 05:26 ET

The Fed's Ambivalence: What Investors Can Expect from Its Dovish Shift

While the Federal Reserve has kept interest rates unchanged, recently released economic data such as PCE, CPI, and the unemployment rate suggest that inflation is trending in the right direction, leading the market to believe that a cycle of decreasing interest rates will begin soon. However, the debate continues; it's not about "whether or not," but rather "when and how" rate cuts will occur.

Analysts NotebookJul 5 02:55 ET

Freeport McMoRan Cuts Q2 Guidance for Copper, Gold Sales on Indonesia License Delay

Seeking AlphaJul 2 11:41 ET