The stock market hasn’t hit its lows just yet, but there are stocks worth buying before the trough, says Morgan Stanley There is a debate on Wall Street as to whether the stock market is set to rally ...
Tag: quarrying
Rio Tinto profit slumps 41% to $12.42 billion, cuts shareholder payouts after iron and copper prices fell
Rio Tinto PLC reported a 41% fall in net profit for 2022 and cut its payout to shareholders, reflecting a downswing in iron ore and copper prices. The world’s second-biggest miner RIO, -1.16% RIO, +1....
Tesla may get into the lithium-mining business, and these stocks are cratering
Tesla Inc. TSLA, -5.25% reportedly is on the prowl for its own lithium-mining company, and losses are piling up for the stocks of lithium producers. Shares of Albemarle Corp. ALB, -6.22% were down mor...
Lithium Stocks Crashed. Now We Know Why. What It Means for Tesla, EV Stocks.
Lithium stocks cratered on Friday. The reason was a mystery. Now investors have an answer—it was down to the world’s largest electric-vehicle battery maker, Contemporary Amperex Technology , or CATL, ...
Albemarle, Lithium Stocks Beat the Market for Years. Until Now.
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Cleveland-Cliffs Stock Falls After Earnings Beat Estimates. Here’s Why.
Steel maker Cleveland-Cliffs had a tough finish to the year as prices for its products fell. Still, quarterly results came in better than expected, but investors Tuesday weren’t giving the company muc...
Newmont Makes $17 Billion Offer for Australia Gold Miner Newcrest
Newmont has made an offer worth around $17 billion to acquire Australia’s Newcrest Mining an approach which could set off competing bids as international gold miners seek to secure the most promising ...
How Gautam Adani Made (and Could Lose) a $147 Billion Fortune
Listen to article (2 minutes) AHMEDABAD, India—Gautam Adani is ubiquitous in this country. His name is plastered on roadside billboards and on the airports and shipping docks he operates. His power pl...
Why a Winning Streak for Gold Could Help Barrick and Newmont Stock Rise
The market slumps of 2022 drove investors to many havens, including gold. While the price of the precious metal has risen 4% over the past year, that rally didn’t fully extend to gold miners’ stocks. ...
Piedmont Lithium Stock Is Soaring After Amended Tesla Deal
Lithium-mining start up Piedmont Lithium and electric-vehicle giant Tesla have amended a deal that will give Tesla greater domestic supply of the metal that goes into EV batteries. Tuesday, Piedmont (...
Freshpet and Peabody Energy Stock See Action From Activist Investors
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequen...
Markets for Critical Minerals Are Too Prone to Failure
Text size Workers inspect an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Tafadzwa Ufumeli/Getty Images About the authors: Cullen Hendrix is senior fellow at the Peter...
Why Splunk Stock Is Worth a Look
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
18 semiconductor stocks that shine when compared with Nvidia this earnings season
Nvidia Corp., which said yesterday that quarterly sales slumped, exemplifies the cyclical nature of the semiconductor industry despite the company’s inroads into fast-growing markets. Still, many chip...
What the midterm elections mean for the housing market — and one ‘politically contentious’ issue that splits Democrats and Republicans
The midterm U.S. elections are coming. And elections have consequences for the housing market, according to a new report from investment bank Cowen. The report by Cowen’s Jaret Seiberg noted that the ...
Fannie Mae, Freddie Mac to use alternative credit scores: What it means for homebuyers
NASHVILLE, Tenn. — The federal government is expanding how it collects credit scores, which may allow more Americans to potentially buy homes. The Federal Housing Finance Agency on Monday announced at...
Mortgage rates surge to a 20-year high, leading to steep decline in home sales
The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie Mac on Thursday. That’s...
Why It’s Time to Buy This Uranium Miner’s Stock
Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At...
Uranium Miner Cameco Agrees to Buy Stake in Nuclear Services Firm, Stock Drops
Cameco stock was tumbling after agreeing, along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, the ...
Cameco Stock Tumbles on Agreement to Buy Stake in Westinghouse Electric
Cameco was falling nearly 10% after agreeing along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, t...
Overlooked by Investors, Royalties Are Fetching Princely Sums
Sept. 18, 2022 9:00 am ET Listen to article (2 minutes) ADELAIDE, Australia—A rush of deals for royalties on resources projects is drawing attention to an asset that many investors didn’t even know ab...
Newmont Is a Hedge Against Uncertainty With a 5% Dividend Yield
A processing plant at the Merian gold mine in Suriname, owned and operated by Newmont. The company’s stock may be the safest way to bet on a gold revival. Ranu Abhelakh/Reuters/Alamy Text size Gold ha...
ConocoPhillips CEO Ryan Lance Buys Freeport-McMoRan Stock
Text size Ryan Lance, chairman and CEO of ConocoPhillips. Aaron M. Sprecher/Bloomberg Freeport-McMoRan stock has slid this year, and director Ryan Lance has bought a large block of shares of the coppe...
Auto makers warn most electric vehicles won’t qualify for federal tax credit
But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large. That’s mainly because of the bill’s requirement that, to qualify for the credit, an e...
AMC takes aim at massive debt burden with ‘APE’ special dividend
AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bo...
With the Fed raising rates, should you pause plans to buy a house or car?
As if wasn’t already tough enough to make a major purchase at a time when living costs are skyrocketing, the interest rates to finance those pricey purchases are going up. Now consumers are confrontin...
Cleveland-Cliffs Stock Plunges as Earnings Miss Estimates
Text size Cleveland-Cliffs stock has fallen a bit more than the broader market so far this year. Dreamstime Cleveland-Cliffs reported lower earnings than expected, news that sent the stock sharply low...
Gold Has Been a Disappointment This Year. What Could Change That.
Rising interest rates and strength in the dollar contributed to gold’s drop to $1,700.20 an ounce on July 20, the lowest finish since March 30, 2021. Here: a row of gold ingots in a foundry. Andrey Ru...
Freeport-McMoRan and Rio Tinto Stock Could Be Golden
Text size Freeport-McMoRan and Rio Tinto are top picks of Jefferies analyst Chris LeFemina. Above, copper rods used to machine parts. Photo by Scott Olson/Getty Images Freeport-McMoRan and Rio Tinto m...
Prosecutors Say JPMorgan Traders Scammed Metals Markets by Spoofing
CHICAGO—JPMorgan Chase & Co.’s precious-metals traders consistently manipulated the gold and silver market over a period of seven years and lied about their conduct to regulators who investigated ...
Cleveland-Cliffs Stock Has Gotten Crushed. Why It May Be Worth a Look.
Text size Steel prices had a roller coaster year; they went up in March and down in May. Tom Mihalek/Getty Images Recession panic has slammed Cleveland-Cliffs stock. But long-term demand for steel, pa...
Intel stock’s dividend sticks out among chip makers. But a cut may be coming.
Semiconductor stocks have been on a tear so far this year, following a difficult 2022. But now that we’re in the thick of fourth-quarter earnings season, investors will be questioning whether or not I...