Good MorningThe S&P 500 resumed its slide on Wednesday, shedding more than 2.75% at the session's low. The tech-driven move was catalyzed by NVIDIA, which said it will record a $5.5 billion charge in the coming report. The charge is due to orders and inventory in China or headed to Chinese end-markets, increasing the fear of tariff disruptions to business generally. NVIDIA shares fell nearly 10% on the news.
Thursday could see another significant market decline. While the severity of the tariff threat has diminished, the impact of tariffs in place is not fully known. With that kind of uncertainty, the market is unlikely to move higher and could extend the sell-off to retest recent lows. The question is if and when the subsequent rebound will begin and what will be the catalyst. If no catalyst emerges, this market could move down to set a new low and continue to trend lower through the quarter's end. Featured: This Hidden Force Moves Tesla (Ad) 
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Stocks | | Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check. The S&P 500 edged up by just 0.1%, even though three of every four stocks climbed in the index. The Nasdaq composite slipped 0.1% in a mostly steadier performance fol... Read the Full Story |
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Markets | | President Donald Trump said Thursday he is in “no rush” to reach any trade deals because he views tariffs as making the United States wealthy. But he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find an agreement with the European Union and others.Trump played... Read the Full Story |
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Viking Therapeutics Inc. (NASDAQ: VKTX) has taken investors on a wild ride since the beginning of 2024. At one point, VKTX stock was up 375% from its closing price on January 2, 2024. But it’s been a steady move lower. As of the market close on April 15, 2025, the stock is within 10% of th... Read the Full Story |
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From Our Partners | | A forgotten signal from before the Great Depression has predicted every major financial event since—and it just lit up again.
Weiss Ratings says something big is coming to the markets… and most investors won’t see it coming. | See the Depression-era signal flashing again now |
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There is one nuance attached to how investors look at inside buying and selling in the stock market, as this gauge is typically limited to institutions and other big household investment names. However helpful keeping track of this may be, there is a deeper layer that investors can look into to ... Read the Full Story |
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Gold continues to be one of the best-performing assets in the last 12 months. The yellow metal is up about 29% in the last 12 months. And with both inflation and recession fears remaining front and center for investors, there’s reason to believe that gold may have more room to run.
Go... Read the Full Story |
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From Our Partners | | Jeff Brown says he wouldn’t touch Tesla stock right now—and the reason might shock you.
A 40-year Wall Street veteran has uncovered a bizarre “Tesla Glitch” that echoes the 2010 Flash Crash—and it’s triggered billions in vanishing market cap before snapping back. The full story is finally going public. | Watch the Tesla Glitch exposé and see what Larry uncovered |
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Markets | | The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday Read the Full Story |
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Markets | | Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make credit more affordable for business and consumers Read the Full Story |
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After falling to a multi-year low earlier this month, shares of Qualcomm Inc. (NASDAQ: QCOM) have quietly bounced back, gaining 15% from that bottom to close at $139 on Tuesday night.
Despite this rebound, the stock remains down 20% from its February high, offering a rare combination... Read the Full Story |
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For investors in Magnificent Seven stock Meta Platforms (NASDAQ: META), recent changes in analysts' price targets haven’t brought much cheer. Many analysts have been dropping their price targets on this powerful company since the beginning of April. Among the analyst updates tracked b... Read the Full Story |
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Markets | | In 2022, federal officials rebuked a major coal plant next to the Ohio River for letting coal waste — in a pile so big it could fill the Dallas Cowboys' football stadium twice over — threaten groundwater with heavy metal pollution.That coal ash, the waste from burning coal, was at risk of leaching i... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. | Should I Buy Freeport-McMoRan Stock? FCX Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Freeport-McMoRan was last updated on Tuesday, July 29, 2025 at 6:58 PM.
Freeport-McMoRan Bull Case -
Recent upgrades from analysts, including a price target increase to $52.00, suggest strong future performance potential.
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The current stock price is around $43.32, which may present a buying opportunity for investors looking for value.
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Freeport-McMoRan has a solid earnings forecast, with estimates of $1.68 per share for the current year, indicating strong profitability.
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Institutional ownership is high at 80.77%, which often reflects confidence in the company's stability and growth prospects.
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Analysts have rated the stock with a consensus of "Moderate Buy," indicating positive sentiment in the market.
Freeport-McMoRan Bear Case -
The stock has experienced volatility, recently trading down about 3.5%, which may concern risk-averse investors.
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Analyst ratings are mixed, with some firms downgrading their ratings, indicating uncertainty in the stock's future performance.
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Freeport-McMoRan's P/E ratio is relatively high at 32.82, suggesting that the stock may be overvalued compared to its earnings.
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Recent insider selling, including a significant transaction by the chief accounting officer, could signal a lack of confidence among company executives.
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Market conditions for natural resources can be unpredictable, which may impact Freeport-McMoRan's performance and stock price.
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