UBS has upgraded its copper price outlook, citing persistent mine disruptions, tight inventories, và nhu cầu dài hạn mạnh mẽ từ electrification và clean-energy investments. Key upgrades: Supply deficits widened: UBS points to disruptions at Freeport’s Grasberg mine (Indonesia), slower recovery in Chile, and ongoing protests in Peru—highlighting deep structural constraints. Demand outlook: +2.8% in...
The U.S. Export-Import Bank (EXIM) will deploy $100 billion to strengthen U.S. and allied supply chains for critical minerals, nuclear energy, and LNG, according to Chair John Jovanovic in an FT interview. This move follows growing concerns that the West is over-reliant on unfair and unstable supply sources. EXIM has $100B remaining from the $135B...
Global markets are heading into the holiday season on shaky footing as doubts over near-term Fed rate cuts and questions around overheated AI valuations trigger waves of risk aversion. The S&P 500 and Nasdaq have fallen 4% and 7% from their late-October highs, while volatility surged to its highest levels since April’s tariff shock. The...
Glass Lewis is weighing a move to register as a U.S. investment adviser, a shift that would bring the proxy advisory firm under greater SEC oversight — and potentially ease long-running criticism from corporate executives and Republican lawmakers about its influence on shareholder voting. Chief Strategy Officer Cheryl Gustitus told Reuters the firm is “seriously...
Nokia has unveiled plans to invest $4 billion in U.S.-based research, development, and production to accelerate AI-driven network connectivity. The Finland-based telecom giant said the move is being made in collaboration with the Trump administration, marking one of its largest U.S. commitments to date. According to Nokia, the expanded investment will enhance America’s ability to...
Global markets extended their sharp selloff on Friday, with Asian and European equities sliding and U.S. futures pointing lower as investors continued to dump richly valued tech stocks. Nvidia’s strong earnings failed to stem the declines, while the latest U.S. jobs report offered little clarity on the Fed’s rate path. Bitcoin also hit a 7-month...