ROKU options are attractively priced at the moment, tooRoku Inc (NASDAQ:ROKU) stock is down 6.2% to trade at $59.81 today, after Citigroup downgraded the streaming name to "sell" from "neutral" on competition concerns. The stock is fresh off its second weekly loss of 2019, and has now racked up four downgrades in the past month. Despite the recent struggles, ROKU call options have been flying off...Read More

BA was downgraded after slashing 737 productionThe Dow Jones Industrial Average (DJI) has continued its journey south this afternoon, down over 120 points, pushed lower by a steep decline from Boeing (BA). In addition, traders are digesting a drop in February factory orders, and are exercising caution ahead of the start of earnings season, with big banksWells Fargo (WFC) and JPMorgan Chase (JPM)...Read More

Giant mines currently under construction will churn out an additional 1 million tons of copper through 2023, but that won't be enough to fully close an expected gap between supply and demand in the next few years.Industry analysts and executives descending on Santiago this week for the Cesco conference, one of the industry's biggest events, are in bullish spirits: a key indicator of the market for...Read More

Giant mines currently under construction will churn out an additional 1 million tons of copper through 2023, but that won't be enough to fully close an expected gap between supply and demand in the next few years.Industry analysts and executives descending on Santiago this week for the Cesco conference, one of the industry's biggest events, are in bullish spirits: a key indicator of the market for...Read More

One may say that not much has happened last week in case of gold and silver, but it's impossible to describe the action in mining stocks in the same way. Miners started the previous week with a slide only to come back with vengeance before the week was over, changing the short-term picture for the entire sector. The weekly price changes show little changes as long as you only have a quick glance a...Read More

Pure Gold Mining is down over 35% from last year's highs.The company released a Feasibility Study in Q4, but this was met by selling pressure from the market.The stock will need to put in a weekly close above $0.64 CAD to start a new uptrend.In Q4 2018, while many mining stocks were beginning to try and form bottoming patterns, Pure Gold Mining (OTCPK:LRTNF) was one of the first names to turn...Read More

The stock has added more than 50% since its late-December lowShares of Micron Technology, Inc. (NASDAQ:MU) are moving lower, last seen down 0.8% at $42.98, after Cowen and Company downgraded the stock to "market perform" from "outperform," and trimmed its price target to $45 from $46. Cowen said it expects Micron's profitability to decline in 2020, and predicted margin pressure for the rest of 2...Read More

Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then...Read More

Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then...Read More

Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then...Read More

A group of minority shareholders in Brazilian iron ore maker Vale SA have proposed an alternative board member to challenge the independent members within the group of 13 candidates presented by the company's board, newspaper Valor Economico reported.Broker Vic DTVM and fund Geracao Futuro Lpar proposed Patricia Bentes as an independent member and proposed the election be held using a cumulative v...Read More

"We need a change of course at the Bank of Italy if we think about what happened in the last years...The gold belongs to the Italians, not to the bankers..."Read full newsRead More

SNAP has nearly tripled since its late-December bottomShares of Snap Inc (NYSE:SNAP) are up 4.4% to trade at $12.36 this morning, after RBC upgraded the Snapchat parent to "outperform" from "sector perform," while boosting its price target to $17 from $10. The analyst in coverage praised the company's product differentiation and consistency on iOS app rankings. The lofty price target -- territo...Read More

The company announced preliminary sales of its biosimilarThe drug maker Coherus BioSciences Inc (NASDAQ:CHRS) is near the top of the Nasdaq today, after the company announced late Friday that preliminary sales of its biosimilar UDENYCA -- used in patients receiving myelosuppressive chemotherapy -- are expected to be between $36 million and $38 million. In response, CHRS stock is up 13.5% at $16.61...Read More

Komatsu Ltd. has developed its first battery-powered digger as it follows the auto industry in transitioning away from combustion engines.Asia's top construction equipment maker designed a 4.7-ton mini excavator that uses the same battery as its electric forklifts, Komatsu said in a statement on Monday. A fully charged battery allows two-to-six hours of operation, it said.Komatsu's "zero-emission"...Read More

An analyst at J.P. Morgan Securities set a $5 price target on GEThe shares of General Electric Company (NYSE:GE) had been hovering just above the $10 mark for almost a month, hinting at a potential layer of round-number support. However, a bearish brokerage note came out this morning and now has GE stock down 5.3% at $9.48, which would have it closing below the 50-day moving average for the first...Read More

BofA-Merrill Lynch cut its rating on BA stockBoeing Co (NYSE:BA) stock is down 4.4% at $379.26, after the aerospace giant slashed production of its 737 MAX 8 aircraft following a global grounding in reaction to a pair of deadly crashes. Specifically, BA said it will reduce output by almost 20% to 42 units per month from 52 units per month beginning in mid-April.A round of negative analyst notes is...Read More

One of China's top commodity traders, Tewoo Group, is selling copper at below market rates as it grapples with a liquidity crunch, according to people with knowledge of the matter. The company, which is owned by the local Tianjin government, is offloading some refined copper stocked in bonded zones as it unwinds financing deals with some banks, said the people, who asked not to be identified as th...Read More

One of China's top commodity traders, Tewoo Group, is selling copper at below market rates as it grapples with a liquidity crunch, according to people with knowledge of the matter. The company, which is owned by the local Tianjin government, is offloading some refined copper stocked in bonded zones as it unwinds financing deals with some banks, said the people, who asked not to be identified as th...Read More

Australian thermal coal prices plummeted last week, dropping to a 10-month low after succumbing to a series of blows including concern over imports by China and a lower contract price with Japan.But while one should always be wary of trying to catch a falling knife, there are some signs that the rapid decline in prices in recent months has moved the market into oversold territory.The weekly price...Read More