Base Metal Stocks Articles

Tech Talk for Monday September 25th 2023

25/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:30 AM EDT. Walt Disney added $0.60 to $81.85 and Netflix gained $3.74 to $383.55 on news that the Writers Guild and the movie studios have reached a tentative labour agreement. Amazon advanced $1.23 o $130.35 after announcing a $4 billion investment in Anthropic, a company involved in Artificial Intelli...Read More

Tech Talk for Friday September 22nd 2023

22/09/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 15 points at 8:35 AM EDT.The Canadian Dollar was unchanged at US 74.49 cents following release of July Canadian Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.4% versus a gain of 0.1% in June. Actual was an increase of 0.3%. Excluding auto sales, consensus was an increase of 0.5% versus a gain of 0.8% in J...Read More

Tech Talk for Thursday September 21st 2023

21/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 43 points at 8:35 AM EDT.FedEx gained $14.38 to $264.90 following release of higher than consensus first quarter earnings. The company also offered positive guidance. KB Homes slipped $0.81 to $47.25 despite reporting higher than consensus fiscal third quarter earnings. The company also reported less than consensus sa...Read More

Tech Talk for Tuesday September 19th 2023

19/09/2023 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT.The Canadian Dollar was unchanged at US 74.64 cents following release of the August Consumer Price Index at 8:30 AM EDT. Consensus was a year-over-year increase of 3.8% versus a gain of 3.3% in July. Actual was an increase of 4.0%. Excluding food and energy, consensus was a gain of 3.7% versus upwa...Read More

Tech Talk for Monday September 18th 2023

18/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT.Walt Disney added $0.25 to $85.83. Raymond James launched coverage with an Outperform rating and a $97 target price.DoorDash added $1.77 to $82.70 after Mizuho upgraded the stock from Neutral to Buy.Dropbox fell $0.61 to $26.34 after William Blair downgraded the stockClorox dropped $2.26 to $14...Read More

CORRECTED-Canada's Roxgold officially opens Ivory Coast gold mine

Sep 15 2023 11:08AM / Reuters

(Corrects Sept. 15 story to clarify Roxgold is a subsidiary ofFortuna and Jorge Ganoza is CEO of Fortuna not Roxgold) SEGUELA, Ivory Coast, Sept 15 (Reuters) - Canada'sRoxgold, a subsidiary of Fortuna Silver Mines , onFriday opened its gold mine in the north-western region of IvoryCoast, aiming to produce about 130,000 ounces of gold per year,the company said on Friday."We have more than 10...Read More

Tech Talk for Friday September 15th 2023

15/09/2023 / Staff reporter

Equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:35 AM EDT.S&P 500 futures slipped 3 points following release of the September Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was a recovery to -10.00 from -19.00 in August. Actual was a recovery to +1.9.Today is "quadruple witching" day, the last trading day for listed September equity and ind...Read More

Tech Talk for Thursday September 14th 2023

14/09/2023 / Staff reporter

Index futures were higher this morning. S&P 500 futures were up 15 points at 8:35 AM EDT.Index futures dropped five points following release of economic news at 8:30 AM EDT:August Producer Price Index was expected to increase 0.4% versus a gain of 0.3% in July. Actual was an increase of 0.7%. On a year-over-year basis, August PPI was expected to increase 1.2% versus a gain of 0.8% in July. Act...Read More

Tech Talk for Wednesday September 13th 2023

13/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EDT.Index futures were unchanged following release of the U.S. August Consumer Price Index report at 8:30 AM EDT. Consensus was an increase of 0.6% versus an increase of 0.2% in July. Actual was an increase of 0.6%. On a year-over-year basis, consensus was an increase of 3.6% versus a gain of 3.2%...Read More

Tech Talk for Tuesday September 12th 2023

12/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:30 AM EDT.Oracle dropped $6.74 to $119.89 after reporting less than consensus fiscal first quarter revenues. Also, Davidson lowered its target price from $115 to $105.Moderna added $0.91 to $106.71 after the FDA approved its MRNA shots for people older than 12 years.Casey's General Stores added $7.60 to...Read More

Tech Talk for Monday September 11th 2023

11/09/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 8:30 AM EDT.Hostess Foods advanced $4.19 to an all-time high at $32.30 on news that Smucker is close to a deal to buy the company.Tesla advanced $15.83 to $264.33 after Morgan Stanley upgraded the stock to Overweight. Target price was raised to $400.Oracle added $1.50 to an all-time high at $127.82 prior t...Read More

Tech Talk for Friday September 8th 2023

08/09/2023 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDTThe Canadian Dollar added 0.13 to 73.46 following release of Canada's August Employment Report at 8:30 AM EDT. Consensus was an increase in employment of 20,000 versus a decline of 6,400 in July. Actual was an increase of 39,900. Consensus was an increase in the Unemployment Rate to 5.6% from 5.5% i...Read More

Tech Talk for Thursday September 7th 2023

07/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 25 points at 8:30 AM EDT.Apple dropped $6.79 to $182.91 after the Chinese government prohibited use of iPhones by its employees.BlackBerry dropped $0.44 to US$5.10 after reporting less than consensus fiscal second quarter results. WestRock advanced $3.70 to $35.58 after closing in on a merger with Smurfitkappa. Americ...Read More

Tech Talk for Wednesday September 6th 2023

06/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EDT.Index futures were unchanged following release of the July U.S. Trade report at 8:30 AM EDT. Consensus was a deficit of $65.50 billion versus a deficit of $65.80 billion in June. Actual was a deficit of $65.00 billion.Enbridge dropped $2.35 to US$32.93 after announcing purchase of U.S. gas dis...Read More

Tech Talk for Tuesday September 5th 2023

05/09/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:30 EDT.Oracle added $1.78 to $122.71 after Barclay's upgraded the stock to Outperform.American Express gained $0.68 to $160.30 after Royal Bank upgraded the stock to Outperform.Domino's Pizza advanced $4.86 to $396.00 after TD Cowen upgraded the stock to Outperform. EquityClock's Daily CommentHeadl...Read More

METALS-China property market and demand jitters weigh on copper

Sep 4 2023 6:42AM / Reuters

(Updates prices) By Pratima Desai LONDON, Sept 4 (Reuters) - Copper prices retreated onMonday as the market fretted over demand in top consumer Chinaand rising inventories in London Metal Exchange-registeredwarehouses, though losses were capped by a softer dollar. Traders said volumes were subdued because of the Labor Dayholiday in the United States. Benchmark copper on the LME was 0.5% down at $...Read More

Tech Talk for Friday September 1st 2023

01/09/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures advanced 29 points at 8:35 AM EDTIndex futures gained 15 points following release of the U.S. August Employment Report at 8:30 AM EDT. Non-farm Payrolls were expected to increase 170,000 versus a gain of 187,000 in July. Actual was an increase of 187,000 versus a revised gain of 157,000 in July. August Unemployment Rate was ex...Read More

Tech Talk for Thursday August 31st 2023

31/08/2023 / Staff reporter

Equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM Equity index futures were unchanged following release of U.S. economic reports at 8:30 AM EDT. July Core PCE Price Index was expected to increase 0.2% versus a gain of 0.2% in June. Actual was a gain of 0.2%. On a year-over-year basis, July Core PCE Price Index was expected to increase 4.2% versus 4.1%...Read More

Tech Talk for Wednesday August 30th 2023

30/08/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:35 AM EDT. S&P 500 Index futures added 4 points following release of revised U.S. second quarter annualized GDP at 8:30 AM EDT. Consensus was an increase of 2.4%. Actual was an increase of 2.1%HP Inc dropped $1.88 to $29.49 after reporting lower than consensus third quarter earnings. The company also...Read More

Tech Talk for Tuesday August 29th 2023

29/08/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points at 8:30 AM EDT. Big Lots jumped $1.04 to $7.32 after reporting a narrower than expected second quarter loss.JM Smucker advanced $3.65 to $146.54 after reporting higher than consensus fiscal first quarter earnings. Best Buy added $0.75 to $74.82 after reporting higher than consensus second quarter earnings. Ba...Read More

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