Copper selloff accelerates but JPM analysts say slip could be healthy long term
Copper futures fell for the sixth time in seven sessions and aluminum pulled back from a two-year high on the London Metal Exchange. A temporary drop in copper prices could pave the way for higher prices in the longer term, Morgan analysts say. Copper prices likely to stay elevated through 2024, RBC Capital says.
Seeking Alpha · 28m ago
Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q1 2024 Update
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Should You Invest in the Materials Select Sector SPDR ETF (XLB)?
NASDAQ · 1d ago
The Copper Trade Is Done. Buy These 8 'Greenflation' Stocks Instead.
Barron‘s · 1d ago
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Seeking Alpha · 1d ago
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NASDAQ · 1d ago
Copper To $40,000 A Tonne, Says Hedge Fund Titan Pierre Andurand: What ETF Investors Should Watch
Hedge fund manager Pierre Andurand predicts copper prices will reach $40,000 per tonne. The Global X Copper Miners ETF (COPX) offers a compelling investment opportunity in copper mining companies. Benzinga touches on the drivers behind Andur and's bullish outlook for copper. The energy transition is expected to double the demand for the metal.
Benzinga · 2d ago
Weekly Report: what happened at FCX last week (0520-0524)?
Weekly Report · 3d ago
Guru Fundamental Report for FCX
NASDAQ · 3d ago
The five-year decline in earnings might be taking its toll on Freeport-McMoRan (NYSE:FCX) shareholders as stock falls 5.0% over the past week
Freeport-McMoRan Inc. Shares have gained 431% over the last five years. The company reported a 35% gain in the last three months. Over the same period shareholders have received a total shareholder return of 50%. The company's earnings per share is down over the past five years, but the company's revenue is growing. The stock is showing 2 warning signs in our analysis of the company. Freeport- McmoRan is showing a pullback in its share price but is still a good investment.
Simply Wall St · 4d ago
Freeport-McMoRan (FCX) Advances But Underperforms Market: Key Facts
NASDAQ · 5d ago
Hedge Funds Tweak Portfolios In Q1: Marvell, TD Synnex, AES Get More Love As Focus Shifts To AI
Hedge funds made strategic adjustments to their portfolios throughout the first quarter of 2024. Firms are looking for high-return opportunities beyond the mega-cap tech giants. Hedge funds are focusing on cyclical sectors and artificial intelligence-related infrastructure stocks. Information Technology remained the largest net sector underweight relative to the Russell 3000.
Benzinga · 5d ago
Notable Thursday Option Activity: VFC, FCX, LYV
NASDAQ · 6d ago
Why Is Freeport-McMoRan (FCX) Up 6.2% Since Last Earnings Report?
NASDAQ · 6d ago
Freeport-McMoRan Down Nearly 7%, on Pace for Largest Percent Decrease Since June 2022 -- Data Talk
Dow Jones · 05/22 14:40
Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom
MarketWatch · 05/22 08:49
3 Stocks To Watch As Copper Surges To Record Highs: 'Something Is Cooking In China'
Copper prices continue to soar to new record highs. The metal has surged over 30% year to date and is on course for its best year since 2010. Increasing demand from electrification and strategic stockpiling by China are fueling the rise in copper prices. China's copper inventories are at an all-time high for this time of year.
Benzinga · 05/21 15:12
Medals for metals: What to think about the gold, silver and copper highs
Seeking Alpha · 05/21 11:13
FCX (Freeport-McMoRan) Favors Upside Bullish Sequence
Freeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for Copper, Gold, Molybdenum, Silver & other metals. It is based in Phoenix, Arizona & trades as “FCX” ticker at NYSE. FCX - Elliott Wave Daily View: It broke to new weekly high as bullish sequence.
Barchart · 05/21 10:36
Is Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) a Strong ETF Right Now?
NASDAQ · 05/21 10:20
Webull provides a variety of real-time FCX stock news. You can receive the latest news about Freeport-Mcmoran Inc through multiple platforms. This information may help you make smarter investment decisions.
About FCX
Freeport-McMoRan Inc. is an international mining company. The Company operates geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposits, and significant mining operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. Its segments include the Morenci, Cerro Verde and Grasberg (Indonesia mining) copper mines, the Rod & Refining operations and Atlantic Copper Smelting & Refining. In North America, it operates seven copper mines: Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines: Henderson and Climax in Colorado. In South America, it also operates the El Abra copper mine. The Morenci mine produces copper cathode, copper concentrate and molybdenum concentrate.