ADVFN US – Market Content Editor
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Freeport Halts Grasberg Mine Operations After Seven Miners Trapped Underground
Freeport-McMoRan (NYSE:FCX) announced Tuesday that it has temporarily suspended operations at its Grasberg mine in Indonesia, one of the world’s largest copper mines, following a landslide that left seven miners trapped below ground. In a statement, Freeport said a “large flow of wet material from a drawpoint” occurred in a production block at the Grasberg…
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Gold Hits Record Above $3,650/oz on Fed Rate Cut Bets and Safe-Haven Demand
Gold prices climbed to fresh record levels in Asian trading on Tuesday, building on gains from previous sessions as investors bet on a Federal Reserve interest rate cut next week and reacted to a weaker dollar. Safe-haven demand increased amid political turbulence in France, where Prime Minister Francois Bayrou resigned after losing a vote of…
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Oil Prices Rise as OPEC+ Limits Output Increase and Russia Sanctions Loom
Oil prices climbed in early Asian trading on Tuesday, extending gains after OPEC+ opted for a smaller-than-expected production increase. Traders are also keeping a close eye on potential new sanctions targeting Russia’s crude industry amid ongoing conflict with Ukraine. Brent crude for November delivery rose 0.2% to $66.17 per barrel, while West Texas Intermediate (WTI)…
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Rate Cut Optimism Contributes To Higher Close On Wall Street
Stocks moved moderately higher during trading on Monday, regaining ground after ending last Friday’s session well off their worst levels but still mostly lower. With the upward move, the tech-heavy Nasdaq reached a new record closing high. The major averages all ended the day in positive territory. The Nasdaq climbed 98.31 points or 0.5 percent…
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Introducing Capital Compass: exclusive CEO Q&As for investors
At Investors Hub, we know how important it is for investors to stay close to the companies they follow. That’s why we’re launching Capital Compass, a series of exclusive CEO Q&A sessions designed to give you clarity on the details that matter most — from business models and strategic plans to upcoming milestones. Capital Compass…
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Tesla’s Future Hinges on Musk and AI Ambitions, Says Morgan Stanley
Morgan Stanley analysts say Tesla’s (NASDAQ:TSLA) long-term trajectory is tightly connected to CEO Elon Musk and the company’s ventures into artificial intelligence. The research note emphasizes Musk’s proposed compensation package as a crucial factor in understanding Tesla’s strategic direction. Morgan Stanley said it “puts to bed concerns over Elon’s long-term commitment to Tesla,” noting that…
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New Fortress Energy Shares Plunge Following Strategic Options Review
New Fortress Energy (NASDAQ:NFE) shares sank 48% after the company revealed it is conducting a review of strategic alternatives aimed at strengthening its capital structure amid ongoing financial pressures. The LNG infrastructure provider reported a second-quarter 2025 net loss of $557 million, up sharply from a $197.4 million loss in the prior quarter. The results…
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SPAC News From The Last Seven Days
The Last Week’s Deals Denali Capital Acquisition Corp. (USOTC:DNQAF) at a meeting on Wednesday 9/3/2025, shareholders voted through the company’s acquisition of Semnur Pharmaceuticals with less than 1% of public shares remaining. The company did not give a closing timeline. Deal Closings & Approvals Breeze Holdings Acquisition Corp. formerly (USOTC:BRZH) finalized its acquisition of YD…
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loanDepot Shares Surge as Citron Research Highlights Value of Servicing Business
loanDepot (NYSE:LDI) shares jumped 32% on Monday, building on last week’s gains after Citron Research released a positive report emphasizing the value of the mortgage lender’s servicing segment. In its analysis, Citron noted that “LDI’s loan servicing portfolio alone is worth approximately $5.50 per share based on peer valuations,” roughly 2.5 times the company’s stock…
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Duolingo Faces Slowing User Growth and Brand Challenges, Says Wells Fargo
Wells Fargo has started coverage of Duolingo (NASDAQ:DUOL) with an Underweight rating and a $239 price target, cautioning that decelerating user growth and declining brand appeal could pressure the language-learning app’s outlook. The brokerage highlighted that daily active user growth dropped to 40% in the second quarter, down from 48% in the first quarter, with…