Today: 19 May 2026
Browse Category

TSX:ATCU 15 December 2025 - 25 December 2025

Fortescue Ltd Stock (ASX: FMG) News and Forecasts on 25 December 2025: Copper Expansion, Record Shipments, and the 2026 Iron Ore Outlook

Fortescue Ltd Stock (ASX: FMG) News and Forecasts on 25 December 2025: Copper Expansion, Record Shipments, and the 2026 Iron Ore Outlook

Fortescue shares last traded at A$22.29 on 24 December 2025, up 21% for the year. The company agreed to acquire the remaining 64% of Alta Copper for C$139 million, targeting completion in early 2026. Fortescue reaffirmed FY26 shipment guidance but faces a softer iron ore price outlook for 2026–2027.
Fortescue Ltd Stock (ASX:FMG) Outlook on Dec. 21, 2025: Alta Copper Deal, Iron Ore Forecasts, and What Analysts Expect Next

Fortescue Ltd Stock (ASX:FMG) Outlook on Dec. 21, 2025: Alta Copper Deal, Iron Ore Forecasts, and What Analysts Expect Next

Fortescue Ltd closed at A$21.88 on Dec. 19, down 6.4% from its 52-week high. The company agreed to buy the remaining 64% of Alta Copper for C$1.40 per share, valuing Alta at C$139 million. Alta’s board backed the deal, which targets completion in early 2026. Fortescue aims to expand into copper amid weaker iron ore forecasts and mixed signals from China’s steel sector.
Fortescue Ltd Stock (ASX: FMG) Today: Alta Copper Deal, Analyst Forecasts, and the 2026 Iron Ore & Copper Outlook

Fortescue Ltd Stock (ASX: FMG) Today: Alta Copper Deal, Analyst Forecasts, and the 2026 Iron Ore & Copper Outlook

Fortescue Ltd announced a binding deal to acquire the remaining 64% of Alta Copper Corp for C$1.40 per share in cash, valuing Alta at C$139 million. The purchase gives Fortescue full control of the Cañariaco copper project in Peru. Fortescue shares fell about 0.8% in early trading to around A$22.64. The deal is expected to close in the March quarter of 2026, pending shareholder and court approval.

Stock Market Today

  • Wall Street Falls on Rising Oil Prices, Iran Concerns; Dow Drops 1.1%
    May 19, 2026, 6:07 AM EDT. Wall Street closed lower on May 18 as rising oil prices surged 3.4% to $109 a barrel and geopolitical tensions with Iran increased. The Dow Jones Industrial Average fell 1.1% to 49,526.17, led by a 4.4% drop in NVIDIA shares. The tech-heavy Nasdaq declined 1.5%, while the S&P 500 lost 1.2%. Defensive sectors like Energy rose as others, including Materials and Utilities, fell. The CBOE Volatility Index jumped 6.8%, signaling increased market fear. Industrial production surprised with a 0.7% April gain, and the NY Empire State Manufacturing Index surged to 19.6, pointing to robust manufacturing activity despite global tensions.

Latest articles

Virax Biolabs Shares Jumping Again Ahead of Nasdaq Open

Virax Biolabs Shares Jumping Again Ahead of Nasdaq Open

19 May 2026
Virax Biolabs shares surged 53.1% Monday to $0.2350 and climbed another 17.1% in early Tuesday premarket trading, hitting $0.2751. The rally followed a paid RedChip TV appearance and a May 15 ownership filing showing Armistice Capital with a 4.99% stake. No new clinical or product updates were posted. Trading volume Monday reached about 765.2 million shares.
Amesite Shares Rise Premarket After NurseMagic Signs Largest Client

Amesite Shares Rise Premarket After NurseMagic Signs Largest Client

19 May 2026
Amesite Inc. shares surged 218% to $2.50 in premarket trading after announcing its largest NurseMagic deployment with a 2,700-patient home-care client. The company disclosed $83,332 in quarterly revenue and a $678,061 net loss, with cash at $740,711 before a $2.2 million April financing. Amesite did not reveal the new contract’s value or customer name. Its latest filing cited “substantial doubt” about ongoing operations.
Alphabet Approaches $5 Trillion With Google AI Cloud Move Targeting Nvidia

Alphabet Approaches $5 Trillion With Google AI Cloud Move Targeting Nvidia

19 May 2026
Alphabet shares rose in pre-market trading Tuesday after Google and Blackstone announced a U.S. AI cloud venture, with Blackstone committing $5 billion to add 500 megawatts of data-center capacity by 2027. Alphabet’s Class A shares closed Monday at $396.94 and were quoted at $401.09 before the market opened. The move coincides with the first day of Google I/O and follows strong Q1 earnings.

Popular

Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

18 May 2026
Applied Digital shares fell about 10% to $38.30 in midday trading Monday, retreating from an earlier high of $42.75 as investors took profits and re-evaluated risk in AI-infrastructure stocks. The drop followed a recent rally driven by a $7.5 billion, 15-year lease with a major U.S. cloud customer and the spin-off of its ChronoScale unit. Broader market declines and rising Treasury yields also weighed on the stock.
Go toTop