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ASX:FMG.AX 7 January 2026 - 3 March 2026

Fortescue share price sinks 4.5% as iron ore turns choppy and China’s policy week looms

Fortescue share price sinks 4.5% as iron ore turns choppy and China’s policy week looms

Fortescue shares fell 4.49% to A$19.58 at Tuesday’s close, underperforming BHP and Rio Tinto. Iron ore prices slipped, with the Singapore benchmark down 0.41% to $98.85 a tonne. Investors are watching China’s factory PMI due March 4 and Beijing’s policy targets set for March 5. Shipping disruptions near the Strait of Hormuz and weak Chinese steel demand weighed on sentiment.
3 March 2026
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Fortescue stock: Australia Day pause leaves FMG investors watching China iron ore talks

Fortescue stock: Australia Day pause leaves FMG investors watching China iron ore talks

Fortescue shares closed at A$21.51 Friday and will resume trading Tuesday after the Australia Day holiday. The stock is down 5.7% for the week, pressured by a cost update and ongoing contract tensions between major miners and China’s state buyer. Fortescue reported hematite C1 unit costs up 5% to $19.10 per tonne and held $4.7 billion in cash at December’s end. Half-year results are due Feb. 25.
26 January 2026
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Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue shares rose 1.7% to A$22.64, rebounding ahead of its December production report due Thursday. The ASX 200 slipped 0.4%, but materials gained 2.7% on miner strength. Iron ore futures fell after weak China property data, while a fatal blast at a Chinese steel plant raised supply concerns. BHP agreed to lower some iron ore prices in ongoing talks with China Mineral Resources Group.
21 January 2026
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Fortescue share price rises as FMG kicks off Pilbara wind farm build, eyes Jan 22 output report

Fortescue share price rises as FMG kicks off Pilbara wind farm build, eyes Jan 22 output report

Fortescue shares closed up 0.3% at A$22.82 after the company began construction of its first wind project in Western Australia’s Pilbara. The 133-megawatt Nullagine Wind Project will use 17 turbines to help electrify mining operations. Investors await Fortescue’s December quarter production report, due January 22. China’s record iron ore imports and rising global supply continue to influence prices.
16 January 2026
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Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

Fortescue Ltd shares slipped 0.18% to A$22.80 at Wednesday’s close, retreating from near a 52-week high as iron ore futures hit a five-month peak on strong Chinese steel demand. Australia’s CPI eased to 3.4% in November, tempering rate-hike bets. Investors await Fortescue’s December-quarter production report on Jan 22. The Reserve Bank of Australia next meets Feb. 2–3.
7 January 2026
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Stock Market Today

  • CAVA Q1 CY2026 Earnings Beat Expectations, Shares Surge
    May 19, 2026, 6:02 PM EDT. CAVA (NYSE:CAVA) posted a strong Q1 CY2026 performance with revenue rising 32.1% year-on-year to $438.3 million, surpassing analyst estimates by 4.7%. The Mediterranean fast-casual chain reported GAAP earnings per share of $0.20, a 14% beat over consensus, and adjusted EBITDA of $61.73 million. Same-store sales increased 9.7%, while operating margin improved to 5.8% from 4.7% a year earlier. The company ended the quarter with 459 locations, up from 393. CEO Brett Schulman highlighted CAVA's resilience amid macroeconomic and geopolitical pressures. Market capitalization stands at $9.3 billion. Analysts forecast 20.5% revenue growth for the next 12 months, reflecting confidence in the brand's expansion and menu offerings despite a projected growth slowdown.

Latest articles

POET Raises $400 Million, Shares Don’t Catch a Bid

POET Raises $400 Million, Shares Don’t Catch a Bid

20 May 2026
POET Technologies shares fell 8.02% to $13.07 on Tuesday, despite closing a $400 million financing deal with MMCAP International. The company issued over 19 million shares and warrants at $21 per package, aiming to expand production capacity tenfold. POET reported a first-quarter net loss of $12.3 million on $503,389 in revenue. A new $50 million order from Lumilens could scale to $500 million over five years.
Microsoft Shares Slip Again While AI Bulls Confront Rate Jitters

Microsoft Shares Slip Again While AI Bulls Confront Rate Jitters

19 May 2026
Microsoft shares fell 1.4% to $417.42 on Tuesday as rising U.S. Treasury yields pressured large tech stocks. The Nasdaq Composite dropped 0.84%. Microsoft’s market value stood at about $3.1 trillion. The company’s India president said its largest data center in the country will open by mid-2026 amid strong demand for Azure and AI tools.
Skillz Stock Jumps 18% as Traders Eye $420 Million Papaya Verdict

Skillz Stock Jumps 18% as Traders Eye $420 Million Papaya Verdict

19 May 2026
Skillz shares rose 18.2% to $7.80 Tuesday, valuing the company near $120 million. Investors focused on a June court decision after a federal jury ordered Papaya Gaming to pay $420 million in damages for false advertising. Skillz reported a first-quarter net loss of $10.9 million on $29.1 million revenue. The court has not finalized the damages award.
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