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NYSE:FCX News 22 January 2026 - 7 February 2026

BHP stock jumps nearly 5% as miners snap back — what investors watch before Feb. 17 results

BHP stock jumps nearly 5% as miners snap back — what investors watch before Feb. 17 results

BHP’s U.S. shares surged 4.8% to close near $72.74 Tuesday, with 5.1 million shares traded amid a broad rally in mining stocks. Rio Tinto and Vale also advanced, as commodities swung sharply on a stronger dollar and higher futures margin requirements. Investors await BHP’s half-year results due February 17. No new ASX updates from BHP since January 29.
Freeport-McMoRan stock steadies after wild swing as copper tumbles — what to watch next

Freeport-McMoRan stock steadies after wild swing as copper tumbles — what to watch next

Freeport-McMoRan shares rebounded 1.1% to $60.88 by midday after an early drop, as copper futures slid over 3% on both COMEX and LME. Metals sold off after Donald Trump named Kevin Warsh to replace Jerome Powell at the Fed, fueling rate concerns. CME Group raised margin requirements for metal futures. U.S. ISM manufacturing PMI rose to 52.6 in January, with new orders at 57.1.
2 February 2026
Basic Materials Stocks Slide After Metal Selloff — What to Know Before Monday’s Open

Basic Materials Stocks Slide After Metal Selloff — What to Know Before Monday’s Open

The iShares U.S. Basic Materials ETF fell 3.3% to $170.29 Friday, closing the week below its 52-week high after a sharp metals selloff. U.S.-listed gold and silver miners led declines as China’s manufacturing PMI dropped to 49.3, missing forecasts. Freeport-McMoRan slid 7.5%, while Air Products and Chemicals jumped 6.5% on earnings. Investors await U.S. and China economic data for direction.
Basic materials stocks limp into February after metals crash — what to watch next week

Basic materials stocks limp into February after metals crash — what to watch next week

U.S. basic materials stocks led declines Friday, with the S&P 500 materials index down 1.9% as gold, silver, and copper prices fell sharply from record highs. Newmont dropped 11.5%, Freeport-McMoRan lost 7.5%, while Air Products rose 6.4%. Spot gold sank 4.7% to $5,143.40 an ounce; silver tumbled 11%. Investors weighed weak China demand and the nomination of Kevin Warsh to head the Fed.
31 January 2026
Freeport-McMoRan stock price sinks 7.5% as copper tumbles from record highs — what’s next for FCX

Freeport-McMoRan stock price sinks 7.5% as copper tumbles from record highs — what’s next for FCX

Freeport-McMoRan shares dropped 7.5% to $60.23 Friday, reversing sharply from a 52-week high the day before. Copper fell 1.1% on the London Metal Exchange to $13,465 a ton after hitting a record Thursday, as traders took profits and the dollar strengthened. About 40.7 million Freeport shares traded hands. Investors await key U.S. data next week.
31 January 2026
FCX stock pops after-hours as copper breaks $14,000 — what traders watch next

FCX stock pops after-hours as copper breaks $14,000 — what traders watch next

Freeport-McMoRan shares rose 2.3% to $65.13 in after-hours trading Thursday after copper hit a record $14,527.50 a ton on the London Metal Exchange before closing up 4%. Trading volume for Freeport reached 48.2 million shares. Analysts raised 2026 copper price forecasts, citing mine disruptions and speculative buying. China’s extended Lunar New Year holiday is expected to affect copper demand and market signals.
30 January 2026
Freeport-McMoRan stock hits a 52-week high, then cools — FCX traders track gold’s $5,100 run and Fed week

Freeport-McMoRan stock hits a 52-week high, then cools — FCX traders track gold’s $5,100 run and Fed week

Freeport-McMoRan hit a 52-week high Monday before closing up 1.26% at $61.17. Gold surged past $5,100 an ounce, drawing investors to miners, while copper hovered near $6 a pound ahead of the Federal Reserve’s Jan. 28 decision. Freeport’s gains followed strong earnings despite ongoing disruptions at its Grasberg mine in Indonesia.
Basic materials stocks close near a one-year high — what could move XLB in Fed week

Basic materials stocks close near a one-year high — what could move XLB in Fed week

The Materials Select Sector SPDR Fund (XLB) closed Friday up 0.9% at $49.97, near a 52-week high, as metals surged and rare earths policy drew focus. The Trump administration will acquire a 10% stake in USA Rare Earth via a $1.6 billion deal, with an announcement set for Monday. The Fed meets Jan. 27–28, and China’s PMI data is due Jan. 31.
Freeport-McMoRan (FCX) stock slides after earnings as Grasberg restart timing dominates the story

Freeport-McMoRan (FCX) stock slides after earnings as Grasberg restart timing dominates the story

Freeport-McMoRan shares fell 2.9% to $58.85 after hours Thursday despite better-than-expected Q4 profits, as investors focused on a 2026 sales outlook weighted toward the year’s second half due to the Grasberg mine restart. The company reported net income of $406 million and sold 709 million pounds of copper, but traders remain wary of timing risks and recent declines in copper prices.
Freeport-McMoRan stock nudges higher into earnings as copper steadies — what to watch Thursday

Freeport-McMoRan stock nudges higher into earnings as copper steadies — what to watch Thursday

Freeport-McMoRan shares closed up 0.9% at $60.58 Wednesday ahead of its quarterly earnings report due before Thursday’s open. Copper prices rose 0.4% to $12,796 a ton on the LME, but the Yangshan premium fell to its lowest in 18 months, signaling weak Chinese demand. Analysts expect Freeport to report EPS of $0.32 on $5.35 billion in revenue.
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Stock Market Today

MediaTek stock price drops 3.4% as Taiwan market shuts; what investors watch next week

MediaTek stock price drops 3.4% as Taiwan market shuts; what investors watch next week

8 February 2026
MediaTek shares closed down 3.4% at NT$1,710 on Friday in Taipei, with 11.8 million shares traded before the market shut for the weekend. The company said it will double investment in data-center chips and advanced packaging, while warning of rising supply chain costs. Fourth-quarter sales rose 8.8% to NT$150.2 billion, but net income slipped 3.6%. Investors face uncertainty ahead of the Lunar New Year break and a weaker tech sector mood.
Arm Holdings stock rallies into weekend on AI spending hopes — Monday’s next test

Arm Holdings stock rallies into weekend on AI spending hopes — Monday’s next test

8 February 2026
Arm Holdings’ U.S. shares jumped 11.6% Friday to $123.70, capping an 18% two-day rebound amid a rally in chip stocks tied to AI data-center spending. The gains followed Arm’s fiscal Q3 revenue beat, but executives warned memory shortages could cut royalty revenue by up to 2% as smartphone chip shipments are expected to fall 7% in 2026. Investors now await Arm’s “Arm Everywhere” event on March 24.
Zhongji Innolight stock slides nearly 4% into China’s Monday open — what traders watch next

Zhongji Innolight stock slides nearly 4% into China’s Monday open — what traders watch next

8 February 2026
Zhongji Innolight closed down 3.9% at 540.01 yuan in Shenzhen on Friday, with turnover at 17.91 billion yuan. The company forecast 2025 net profit of 9.8–11.8 billion yuan, up as much as 128%, citing strong demand for high-speed products. Executives said most customer orders are booked through late 2026, but flagged tight supply of some optical chips. Zhongji reports earnings March 31 after shares dropped 12% from December highs.
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