Core Viewpoint - Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to safety issues at its Grasberg mine in Indonesia, which resulted in worker fatalities and significant stock price declines [1][3][5]. Group 1: Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc. and covers purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit alleges that Freeport-McMoRan failed to ensure adequate safety measures at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine that restricted evacuation routes for workers, resulting in a nearly 6% drop in stock price [4]. - Following the tragic fatalities of two team members on September 24, 2025, the company disclosed that production could be approximately 35% lower than pre-incident estimates for 2026, causing a nearly 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government due to the production halt, leading to an additional stock price drop of over 6% [6]. Group 2: Legal Process and Representation - Investors who purchased Freeport-McMoRan securities during the class period can seek appointment as lead plaintiff, representing the interests of the class [7]. - The lead plaintiff will have the authority to select a law firm for litigation, but participation as lead plaintiff is not necessary for investors to share in any potential recovery [7]. Group 3: Company Background - Freeport-McMoRan is engaged in mining operations across North America, South America, and Indonesia, with significant operations at the Grasberg Copper and Gold Mine in Papua [2].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoran Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which have led to significant investor losses [4][6]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Freeport-McMoran to contact them to discuss their legal rights, particularly those who purchased securities between February 15, 2022, and September 24, 2025 [1][4]. - A federal securities class action has been filed against Freeport, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [4]. Group 2: Allegations Against Freeport-McMoran - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [6]. - Specific allegations include inadequate safety measures, which heightened regulatory, litigation, and reputational risks, rendering the company's statements materially false and misleading [6]. Group 3: Impact on Stock Price - Following the suspension of mining activities on September 9, 2025, due to a tragic incident that trapped workers, Freeport's stock price fell by $2.77, or 5.9%, closing at $43.89 per share [7]. - After the update on September 24, 2025, revealing fatalities among the trapped workers, the stock price dropped by $7.69, or 17%, closing at $37.67 per share [8]. - Additional news on September 25, 2025, regarding the strain in Freeport's relationship with the Indonesian government led to a further decline in stock price by $2.33, or 6.2%, closing at $35.34 [9][10].

NEW YORK, Jan. 2, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Freeport-McMoRan Inc. ("Freeport-McMoRan Inc." or the "Company") (NYSE: FCX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freeport-McMoRan Inc. investors who were adversely affected by alleged securities fraud between February 15, 2022 and September 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslr ...

Raymond James将麦克莫兰铜金的目标价从49美元上调至53美元，维持"跑赢大市"评级。(格隆汇) ...

Core Viewpoint - The Gross Law Firm is notifying shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit due to alleged misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [1][3]. Group 1: Allegations - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine [3]. - It is claimed that the lack of proper safety precautions posed a heightened risk that could foreseeably lead to worker fatalities [3]. - The allegations include that these safety issues constituted undisclosed risks of regulatory, litigation, and reputational damage [3]. - As a result, statements made by the defendants regarding Freeport-McMoRan's business and operations were materially false and misleading [3]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to be eligible for potential recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets continued their rally in the third quarter, with US stocks gaining over 8% as measured by the Russell 3000 Index. Small-cap stocks experienced the strongest quarterly performance, rising by more than 12%, whereas large-cap stocks increased by about 8%, and mid-cap stocks saw a gain of 5%. The strategy underperformed the Russell Midca ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Freeport-McMoRan Inc. securities between February 15, 2022, and September 24, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Freeport-McMoRan securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 12, 2026 [3]. - The lawsuit alleges that Freeport-McMoRan made false and misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia, which led to increased risks for workers and investors [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in this area [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in terms of settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4].

Market Overview - U.S. stock futures showed mixed performance after declines on Monday, with major indices fluctuating between gains and losses [1] - The Santa Claus rally, which started on December 24, appears to have resumed after a brief setback [1] Economic Context - President Donald Trump intensified his conflict with Federal Reserve Chair Jerome Powell, threatening legal action over alleged incompetence, raising concerns about central bank independence [2] - Investors are facing a quiet week for economic data, with markets closed on Thursday for New Year's Day [2] Treasury Yields and Market Projections - The 10-year Treasury bond yielded 4.12%, while the two-year bond was at 3.45% [3] - The CME Group's FedWatch tool indicates an 83.9% probability that the Federal Reserve will keep interest rates unchanged in January [3] Stock Performance - TEN Holdings Inc. shares rose 16.31% after announcing a $2.25 million private placement [5] - Fonar Corp. surged 24.49% following a definitive agreement for a "take private" sale [5] - Boeing Co. increased by 0.58% after receiving an $8.6 billion contract from the Pentagon [5] - Dermata Therapeutics Inc. was up 6.45% after closing a $12.4 million private placement [11] - Freeport-McMoRan Inc. rose 1.36% as copper prices reached a new record high of $12,000 [11] Sector Performance - Consumer discretionary, materials, and financials experienced the largest losses on Monday, while energy and real estate stocks closed higher [6] Analyst Insights - Comerica Wealth Management expresses cautious optimism for the U.S. economy, citing infrastructure spending, AI adoption, and resilient consumer demand as growth drivers [8] - The firm notes that recession risks remain below 30%, but inflation is expected to stay above the Federal Reserve's 2% target [8] - Investors are advised to adopt a defensive stance and consider small and micro-cap companies for potential outperformance [9]

Market Overview - U.S. stock futures showed mixed performance after declines on Monday, with major indices fluctuating between gains and losses [1] - The Santa Claus rally, which started on December 24, appears to have resumed after a brief setback [1] Economic Context - President Trump intensified his conflict with Federal Reserve Chair Jerome Powell, threatening legal action over alleged incompetence, raising concerns about central bank independence [2] - Investors are facing a quiet week for economic data, with markets closed on Thursday for New Year's Day [2] Treasury Yields and Market Projections - The 10-year Treasury bond yielded 4.12%, while the two-year bond was at 3.45% [3] - The CME Group's FedWatch tool indicates an 83.9% probability that the Federal Reserve will keep interest rates unchanged in January [3] Stock Performance Highlights - TEN Holdings Inc. shares rose 16.31% following a $2.25 million private placement at $2.27 per share [5] - Fonar Corp. surged 24.49% after announcing a definitive agreement for a "take private" sale [5] - Boeing Co. increased by 0.58% after receiving an $8.6 billion contract from the Pentagon for the F-15 Israel Program [5] - Dermata Therapeutics Inc. was up 6.45% after closing a $12.4 million private placement [11] Sector Performance - Consumer discretionary, materials, and financials experienced the largest losses on Monday, while energy and real estate stocks closed higher [6] Analyst Insights - Comerica Wealth Management expresses cautious optimism for the U.S. economy, citing infrastructure spending, AI adoption, and resilient consumer demand as growth drivers [8] - The firm notes that recession risks remain below 30%, but inflation is expected to stay above the Federal Reserve's 2% target [8] - Investors are advised to adopt a defensive stance and consider small and micro-cap companies, as well as traditional value sectors like financials [9] Upcoming Economic Data - Key economic indicators to watch include October's S&P Case-Shiller home price index and December's Chicago Business Barometer, both scheduled for release on Tuesday [10]

Group 1 - The stock market experienced a decline, with the Dow losing nearly 250 points, primarily driven by significant drops in stocks like Nvidia and Tesla [9] - Newmont, Albemarle, and Freeport-McMoRan, all major players in the mining sector, were among the top five S&P 500 index losers, with Newmont's stock falling 5.6% to 99.81 [4] - The year-end rally prospects appear to be faltering as major indexes struggle, indicating potential volatility in the market as it approaches the new year [9] Group 2 - The biotech sector showed weakness, with two notable biotech names experiencing significant declines [7] - Precious metal stocks were notably impacted, reflecting broader market trends affecting commodities [9] - The overall market sentiment is cautious as investors assess the implications of recent Federal Reserve minutes on future market movements [7]