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Lithium Americas (LAC) Touches New High, Then Loses Momentum After ‘Sell’ Reco
Yahoo Finance· 2025-10-07 15:01
We recently published 10 Stocks Investors Are Dumping. Lithium Americas Corp. (NYSE:LAC) is one of the worst performers on Monday. Lithium Americas fell by 6.53 percent on Monday after touching a new 52-week high, as investors took path from an investment firm’s “sell” recommendation for its stock. In intra-day trading, Lithium Americas Corp. (NYSE:LAC) soared to its highest price of $9.48 before giving up gains to end the day at $8.45 apiece. This followed Scotiabank’s market note, giving the company a ...
Qualcomm to acquire Arduino, gold crosses over $4K benchmark, Tesla teases cheaper Model Y
Youtube· 2025-10-07 14:30
Market Overview - US stock futures are experiencing a pullback after the S&P 500 reached a record high, driven by tech stocks, particularly AMD's significant deal with OpenAI [1][7] - Gold prices have surged over 50% this year, reaching nearly $4,000 per ounce, amid macroeconomic factors such as the trade war and Federal Reserve rate cuts [2][14] - Bitcoin has also hit an all-time high above $125,000, reflecting similar bullish trends as seen in gold [8][17] Government and Economic Factors - The US government shutdown is ongoing, with negotiations around healthcare and spending bills at an impasse between Democrats and Republicans [3][4] - Analysts are warning of potential profit-taking in the stock market as bullish sentiment reaches euphoric levels, which historically precedes negative forward returns [11][12] Company-Specific Developments - Tesla is preparing to unveil a more affordable version of the Model Y, which will have fewer features and use less premium materials due to the expiration of the federal tax credit [5][20] - Dell has doubled its long-term growth estimates for sales and profit, projecting annual sales growth of 7-9% and earnings per share growth of over 15% [27][28] - Intercontinental Exchange plans to invest up to $2 billion in Poly Market, a crypto-based betting platform, enhancing its market value to $8 billion [29][30] - Trilogy Metals shares surged by 236% after the US government announced a $35 million investment to secure critical energy and mining projects in Alaska [31][32] Technology and Innovation - Qualcomm's acquisition of Arduino aims to enhance its edge AI capabilities, allowing developers to create AI applications more effectively [34][36] - The integration of Arduino's open-source platform with Qualcomm's technology is expected to democratize AI at the edge, catering to a wide range of developers from hobbyists to enterprises [41][44]
Trilogy Metals shares pop on US government investment
Proactiveinvestors NA· 2025-10-07 14:24
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Trilogy Metals stock explodes on news of 10% stake by Trump admin and EO ordering permits for Alaska road
Yahoo Finance· 2025-10-07 14:17
Canadian mining company Trilogy Metals' stock (TMQ) soared in premarket trading on Tuesday after news that the Trump administration is taking a 10% stake in the company. Trilogy Metals shares jumped more than 250% in the early hours of Tuesday trading after Reuters reported Monday night that the administration is investing in the Vancouver, British Columbia-based company and permitting an access road to a potential mining site. The administration has invested $35.6 million for a 10% stake in the compan ...
Agnico Eagle Divests Stake in Royal Road Minerals for C$5.51M
ZACKS· 2025-10-07 14:06
Core Insights - Agnico Eagle Mines Limited (AEM) has divested its entire stake in Royal Road Minerals Limited, selling 47,944,981 shares at C$0.115 per share, resulting in total proceeds of approximately C$5.51 million [1][3][7] - The decision to sell aligns with AEM's strategy to focus on high-quality internal growth projects and maintain financial strength for future strategic acquisitions [2][3] - AEM has no plans to repurchase shares of Royal Road Minerals following this divestiture, emphasizing a disciplined portfolio management approach [3][7] Financial Performance - AEM's shares have increased by 121.2% over the past year, outperforming the industry average rise of 96.5% [3] - Other top-ranked stocks in the Basic Materials sector include Contango Ore, Inc. (CTGO), Methanex Corporation (MEOH), and The Mosaic Company (MOS), with CTGO holding a Zacks Rank 1 and MEOH and MOS both at Zacks Rank 2 [4] Earnings Estimates - The Zacks Consensus Estimate for CTGO's current-year earnings is 67 cents per share, reflecting a significant rise of 119.20% [5] - MEOH's current fiscal-year earnings estimate stands at $3.7 per share, with a historical average surprise of 83.18% [8] - MOS' 2025 earnings estimate is projected at $3.17 per share, indicating a 60.10% increase from the previous year [9]
TMQ Up Over 200% with U.S. Stake, TSLA Announcement & STZ Earnings Pop
Youtube· 2025-10-07 14:01
分组1: 公司表现 - IBM's stock increased by 2.5%, while Dell's stock rose by 5% [1] - Advanced Micro Devices (AMD) saw a gain of 7% following previous increases [1] - Constellation Brands reported earnings of $3.63 per share, exceeding estimates of $3.38, despite a 43% decline in stock over the past year [2][3] 分组2: 销售和市场趋势 - Alcohol beverage sales were down 1% year-over-year in 2024, indicating a potential cultural shift in drinking habits [2] - Beer sales specifically decreased by 7% compared to the same quarter last year [4] - The overall business reported a 15% decline in systemwide sales [3] 分组3: 特斯拉动态 - Tesla is speculated to be teasing a new product, possibly a resurgence of the Roadster or a more affordable Model Y version [6][7] - The company is making significant advancements in full self-driving technology and recently released an updated operating system [8][9] 分组4: 政府投资与资源 - The U.S. government is actively investing in companies related to rare earth metals and lithium, including a 10% stake in Trilogy Metals, which has a high-grade copper-cobalt deposit in Alaska [12][13] - Trilogy Metals' stock has surged by 232% due to government interest and investment [15]
Trilogy Metals Shares Skyrocket 250% In Premarket As Trump Acquires Stake
Forbes· 2025-10-07 13:35
Core Viewpoint - Shares of Trilogy Metals surged over 250% following the Trump administration's announcement of a 10% stake in the company, supporting mining exploration in Alaska, reversing the Biden administration's previous rejection of an Alaskan mining project [1][3]. Group 1: Investment and Stake Acquisition - The U.S. will invest $35.6 million in Trilogy Metals, acquiring a 10% stake and warrants for an additional 7.5% equity [2]. - The investment is part of a broader strategy to support mining exploration in Alaska's Ambler mining district, which includes the issuance of permits for the Ambler Road Project [2][3]. Group 2: Market Reaction - Trilogy Metals' stock price increased approximately 260% to around $7.50, setting a new record and nearly doubling its previous all-time intraday high of $4.76 [1]. - The surge in stock price reflects investor optimism regarding federal support for resource development in Alaska [3]. Group 3: Policy Context - The Trump administration's decision to support the Ambler Road Project is framed as essential for national defense and economic prosperity, contrasting with the Biden administration's earlier rejection due to environmental concerns [3]. - The Interior Secretary's announcement indicates a shift towards reducing U.S. dependence on mineral imports, particularly from China, by acquiring stakes in critical mineral companies [5].
US to Take 10% Trilogy Metals Stake to Tap Alaska Mining
Youtube· 2025-10-07 13:12
The White House taking a 10% stake in Trilogy Metals, securing energy and mining projects in Alaska. With the latest is Bloomberg's Tyler Kendall. Hi, Tyler.Yeah. Hey, Jon. So this company has these mining claims in a remote area of Alaska.And importantly, the deal comes in tangent with President Trump reversing a Biden era decision which blocked something known as the Ambler Road Project. This is a controversial project that would build an access road to this mineral rich mining district in Alaska. And as ...
Bryah Reports High-Grade Antimony Assays from Globex's Golden Pike Property
Globenewswire· 2025-10-07 13:00
TORONTO, Oct. 07, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Bryah Resources Ltd (BYH-ASX) who have optioned (see Globex press release dated May 22, 2025) the Golden Pike (formerly Devil’s Pike) gold/antimony property in New Brunswick from Gl ...
Top 2 Materials Stocks That Could Sink Your Portfolio This Quarter
Benzinga· 2025-10-07 12:50
Group 1: Market Overview - As of October 7, 2025, two stocks in the materials sector are signaling potential warnings for momentum-focused investors [1] - The Relative Strength Index (RSI) is highlighted as a key momentum indicator, with stocks considered overbought when the RSI exceeds 70 [2] Group 2: Northern Dynasty Minerals Ltd - Northern Dynasty Minerals received a $12 million payment, marking the fourth tranche of investment under a royalty agreement, bringing total investment to $48 million out of a possible $60 million [8] - The company's stock surged approximately 84% over the past month, reaching a 52-week high of $2.40 [8] - The RSI for Northern Dynasty is reported at 88.5, with shares closing at $1.51 after a 14.4% increase [8] Group 3: Ferroglobe PLC - Ferroglobe reported an adjusted loss for the second quarter, citing challenges from silicon metal imports and geopolitical uncertainties [9] - The stock gained around 17% over the past five days, with a 52-week high of $5.24 [9] - The RSI for Ferroglobe is noted at 75.3, with shares closing at $5.04 [9]