Base Metal Stocks Articles

Tech Talk for Thursday November 2nd 2023

02/11/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 34 points at 8:30 AM EDT.Qualcomm advanced $4.00 to $114.86 after reporting higher than consensus fiscal fourth quarter results. The company also raised fiscal first quarter guidance. DoorDash gained $5.58 to $81.50 after reporting higher than consensus third quarter earnings. PayPal added $0.59 to $52.25 after reporti...Read More

Tech Talk for Wednesday November 1st 2023

01/11/2023 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:35 AM EDT.S&P 500 Index futures recovered 12 points following the Treasury Department's refunding announcement at 8:30 AM Paycom Software dropped $76.92 to $168.05 after the company reduced guidance below consensus for 2024.Yum China dropped $4.91 to $47.65 after reporting less than consensus third qu...Read More

Tech Talk for Tuesday October 31st 2023

31/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT.The Canadian Dollar slipped 0.06 to US72.26 cents following release of Canada's August GDP at 8:30 AM EDT. Consensus was an increase of 0.1% versus no change in July. Actual was no change. On a year-over-year basis consensus was an increase of 0.9 versus a gain of 1.1% in July. Actual was an inc...Read More

Tech Talk for Monday October 30th 2023

30/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points at 8:30 AM EDT.McDonald's gained $5.79 to $261.55 after reporting higher than consensus third quarter results. Krispy Kreme slipped $0.18 to $12.68 after Truist downgraded the stock from Buy to Hold.Newell Brands dropped $0.06 to $6.60 after Truist and JP Morgan downgraded the stock. Air Canada is expected to...Read More

Tech Talk for Friday October 27th 2023

27/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:35 AM EDT.S&P 500 Index futures added 7 points following release of the September Core PCE Price Index. Consensus was an increase of 0.3% versus a gain of 0.1% in August. Actual was an increase of 0.3%. On a year-over-year basis, consensus was an increase 3.7% versus a gain of 3.9% in August. Actual...Read More

Tech Talk for Thursday October 26th 2023

26/10/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDT.Index futures recovered 10 points following release of preliminary third quarter GDP at 8:30 AM EDT. Consensus was an annualized increase of 4.7% .Actual was an increase of 4.9%.IBM gained $1.62 to 138.70 after reporting higher than consensus third quarter revenues and earnings. Hasbro dropped...Read More

Tech Talk for Wednesday October 25th 2023

25/10/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:30 AM EDT.The Bank of Canada will update strategy on its lending rate to Canada's banks at 10:00 AM EDTMicrosoft advanced $14.88 to $345.31 after reporting higher than consensus fiscal first quarter revenues and earnings. Texas Instruments dropped $6.62 to $140.30 after reporting less than consensus thir...Read More

Tech Talk for Tuesday October 24th 2023

24/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:30 AM EDT.General Electric added $5.38 to $112.07 after reporting higher than consensus third quarter earnings. The company also raised guidance. Cadence Design Systems dropped $8.92 to $231.00 after the company lowered guidance. Crane gained $3.32 to $86.00 after reporting higher than consensus third qu...Read More

Tech Talk for Monday October 23rd 2023

23/10/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points at 8:30 AM EDT.Index futures responded to a six basis point increase in the yield by U.S. Treasuries to 5.00%.Hess added $0.96 to $163.98 after Chevron offered to buy the company for $53 billion cash. Each Hess share will convert into 1.025 shares of Chevron.Walgreens Boots added $0.69 to $21.95 after JP Mor...Read More

Tech Talk for Monday October 16th 2023

16/10/2023 / Staff reporter

The Bottom LineThird quarter report season is "off to a good start". Reports released to date generally have recorded higher than consensus results (notably by the U.S. money center banks). Analysts were prompted to raise estimates. Revenue and earnings gains on a year-over-year basis are projected to accelerate in the fourth quarter. The stage is set for a recovery in North American equity market...Read More

Tech Talk for Friday October 13th 2023

13/10/2023 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT.UnitedHealth Group added $6.76 to $532.30 after reporting higher than consensus third quarter earnings. The company also raised fourth quarter guidance.Dollar General advanced $8.17 to $110.00 after the company reappointed its retired former chief executive officerWells Fargo gained $0.74 to $40.48...Read More

Tech Talk for Thursday October 12th 2023

12/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:35 AM EDT.Index futures dropped 11 points following release of the September Consumer Price Index released at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.3% in August. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 3.6% versus a gain of 3.7% i...Read More

Tech Talk for Wednesday October 11th 2023

11/10/2023 / Staff reporter

Equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EDT.Index futures added 5 points after the September Producer Price Index was released at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.7% in August. Actual was an increase of 0.5%. On a year-over-year basis, consensus was an increase of 1.6% versus a gain of 1.6% in August. Actual w...Read More

Tech Talk for Tuesday October 10th 2023

10/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:30 AM EDTPalantir added $0.39 to $18.00 after the company won a new Army contract valued at $250 million.Juniper Networks dropped $0.87 to $25.95 after JP Morgan reduced its rating from Overweight to Neutral. Target was lowered from $32 to $29.Cambium Network dropped $0.05 to 5.39 after JP Morgan lowered...Read More

METALS-Copper firm, but demand outlook remains gloomy

Oct 9 2023 5:45AM / Reuters

(Updates prices) By Pratima Desai LONDON, Oct 9 (Reuters) - Copper prices rose to aone-week peak on Monday as Chinese buyers returned after aweek-long holiday, but further gains are unlikely due togenerally weak demand in top consumer China, a strong dollar andrising inventories. Benchmark copper on the London Metal Exchange (LME)was up 0.6% at $8,090 a metric ton by 1615 GMT, after earliertouchi...Read More

Tech Talk for Friday October 6th 2023

06/10/2023 / Staff reporter

Monday (October 9th) is Canadian Thanksgiving.  We shall return on Tuesday (10th) with the next Tech Talk report.Pre-opening Comments for Friday October 6thEquity index futures were higher this morning. S&P 500 futures were down 30 points at 8:35 AM EDT.Index futures plunged 33 points following release of the September Employment Report at 8:30 AM EDT. Consensus for Non-farm Payrolls was...Read More

Tech Talk for Thursday October 5th 2023

05/10/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points at 8:35 AM EDT.Index futures dropped 8 points following release of the U.S. August Trade Report at 8:30 AM EDT. Consensus was a deficit of $65.10 billion versus a deficit of $65.00 billion in July. Actual was a deficit of $58.3 billion.Colgate dropped $6.01 to $125.82 after the company warned that a cyberatt...Read More

Tech Talk for Wednesday October 4th 2023

04/10/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Economic focus today is on the September ISM Non-Manufacturing PMI released at 10:00 AM EDT. Consensus calls for a slip to 54.0 from 54.5 in August.Cal-Maine dropped $6.00 to $41.50 after reporting less than consensus fiscal first quarter earnings.Apple dropped $1.64 to $170.76 after KeyBanc do...Read More

Tech Talk for Tuesday October 3rd 2023

03/10/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:30 AM EDT.Point Biopharma jumped $5.67 to $12.35 after Eli Lilly offered to purchase the company at $12.50 per share. Value of the offer is $1.4 billion.McCormick dropped $2.32 to $72.40 after reporting less than consensus fiscal third quarter earnings.Apple slipped $1.15 to $172.60 after Citigroup remo...Read More

Tech Talk for Monday October 2nd 2023

02/10/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT.Nvidia advanced $5.21 to $440.20 after Goldman Sachs upgraded the stock to its Conviction List.FedEx added $10.7 to $265.79 after Susquehanna included the stock on its Positive List. Toast dropped $0.42 to $18.31 after Mizuho downgraded the stock from Buy to Neutral.Chubb dropped $3.23 to $204....Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok