Freeport-McMoRan is a leading international mining company primarily engaged in the extraction and production of copper, gold, and molybdenum. The company operates large-scale mining operations in various regions, including North America and South America, where it focuses on delivering high-quality metal resources. Beyond mining, Freeport-McMoRan is involved in exploration activities to identify new mineral resources and employs innovative techniques to enhance sustainability and efficiency in its operations. The company's commitment to responsible resource development reflects its dedication to minimizing environmental impact while providing essential minerals that contribute to numerous industries worldwide.
FCX stock hits bearish milestone with Death Cross, 50-day moving average dropping below 200-day. Stock down 12.06% in 6 months, facing obstacles in Indonesia. Caution advised for traders.
Tops are formed when the sentiment is extremely bullish. While this doesn’t have to be the final top for this rally, however, this is one of the moments where at least a local top becomes likely.
Wall Street prepares for sector-specific shakeups during Election Week 2024. A Democratic win could boost clean energy stocks, while a Trump victory could benefit the steel sector.
Wall Street traded lower for the second consecutive day on Tuesday, as investor sentiment turned cautious with the U.S. presidential election just two weeks away. Concerns over U.S. fiscal policies and potential shifts in economic direction fueled the pause in risk-taking.
Freeport-McMoRan Inc. (NYSE: FCX) reports strong Q3 FY24 results, with higher revenues, copper and gold sales, and operating income. Optimistic outlook for 2024 with expected growth in sales and operating cash flow.
