Commodities Archives - Page 34 of 260

2 minute read

Asia Ex-China and Europe Markets Gain, Gold Retreats To $2,310 Amid Diminished Geopolitical Tensions – Global Markets Today While US Slept

By Akanksha Bakshi

April 23, 6:22 AM

On Monday, April 22nd, the U.S. stock markets closed higher, with the S&P 500 and Nasdaq rebounding after…

ADIV

2 minute read

American Battery Commissions Nevada Plant; ArcelorMittal To Build NOES Facility; Gold Royalty Reports Preliminary Q1 Results And More: Monday’s Top Mining Stories

By austin@walkonholdings.com

April 22, 5:01 PM

American Battery Commissions Nevada Plant; ArcelorMittal To Build NOES Facility; Gold Royalty Reports Preliminary Q1 Results And More: Monday's Top Mining Stories

ABAT

1 minute read

Nucor Shares Fall After Worse-Than-Expected Q1 Results

By Erica Kollmann

April 22, 4:48 PM

Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65 by 5.21% and represents a 22.25% decrease from earnings of $4.45 per share year-over-year. Quarterly sales came in at $8.14 billion, missing the analyst consensus estimate of $8.26 billion by 1.49% and representing a 6.58% decrease from the same period last year.

NUE

2 minute read

Cleveland-Cliffs Q4 Earnings: Revenue Miss, EPS Miss, $1.5B Buyback And More

By Adam Eckert

April 22, 4:29 PM

Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346 billion, according to Benzinga Pro. The company reported adjusted earnings of 18 cents per share, which missed analyst estimates of 22 cents per share.

CLF

1 minute read

Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard

By Piero Cingari

April 22, 4:07 PM

Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran downplayed strikes and traders await key economic data. Mining stocks also dropped, with GDX and SIL falling over 3%.

2 minute read

S&P 500 Rises Over 1%; Zions Bancorp Shares Gain After Q1 Earnings

By Avi Kapoor

April 22, 2:46 PM

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 1% on…

HEPA

2 minute read

Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What’s Driving Markets Monday?

By Piero Cingari

April 22, 2:16 PM

U.S. stocks are poised to break a six-day losing streak, marking the end of the longest downward trend since September 2022.

BTC

2 minute read

Gold Falls Sharply; Matterport Shares Spike Higher

By Avi Kapoor

April 22, 12:07 PM

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 100 points on Monday. The…

ACI

1 minute read

Alcoa Makes ‘Solid Progress’ Addressing Operational Concerns, Analyst Is No Longer Bearish

By Priya Nigam

April 22, 11:49 AM

Alcoa Corp. reported Q1 results with a slight revenue beat. Morgan Stanley upgraded Alcoa's rating to Equal-Weight with a $36.50 target price. The company is making progress in cost saving measures and may benefit from IRA tax credits.

2 minute read

Peter Schiff Warns Against Piling ‘Risk Assets’ Like Tech Stocks And Bitcoin Amid Inflation Concerns: ‘Investors Should Be Buying Gold’

By Benzinga Neuro

April 22, 10:13 AM

Renowned economist Peter Schiff expressed his views on the current market dynamics and vouched for buying gold over Bitcoin (CRYPTO: BTC) and tech stocks.

BTC