Copper rose more than 1% after US President Donald Trump said the war on Iran could end within two to three weeks, sparking a relief rally for riskier assets battered by global growth fears. Base metals — with the exception of aluminum — had faced heavy downward pressure in March as hostilities in the Middle East disrupted commodity supplies and threatened an inflationary shock for the world econo...
Copper rose more than 1% after US President Donald Trump said the war on Iran could end within two to three weeks, sparking a relief rally for riskier assets battered by global growth fears. Base metals — with the exception of aluminum — had faced heavy downward pressure in March as hostilities in the Middle East disrupted commodity supplies and threatened an inflationary shock for the world economy. While Trump’s latest timeline isn’t necessarily fixed, the comments sent copper higher after a slump of nearly 8% last month. Copper on the London Metal Exchange was up 1% at $12,451 a ton by 11:25 a.m. Shanghai time. There have been signs of improving demand in the crucial Chinese market, especially after copper prices dipped below $12,000 a ton in the second half of March. Premiums for imports — a guage of immediate appetite for the metal — rose to a nine-month high last week and stockpiles inside China have fallen sharply. “Compared with some other metals, copper has been holding up quite well,” said Xu Wanqiu, analyst with Cofco Futures Co. “Chinese fundamentals are solid, and inventory drawdowns are happening rapidly.” Copper started this year in bullish form, rising to a record above $14,500 a ton in January. Traders piled into the market as mines faltered, a rush of material to the US drained stockpiles elsewhere, and the artificial-intelligence boom offered stronger demand. Prices are now roughly where they began 2026. The constrained supply outlook was also in focus Wednesday. Ivanhoe Mines Ltd cut output guidance for its flagship mine in the Democratic Republic of Congo after a major flooding incident last year, while top global supplier Chile posted its lowest monthly output in nine years. Meanwhile, aluminum traders remain on edge as they await clearer information about two Middle East plants hit by Iranian missiles and drones at the weekend. Emirates Global Aluminium, the region’s top producer, said its facilities had suffered “significant damage,” while Al...
Fintel reports that on March 30, 2026, Citizens initiated coverage of Formula One Group (NasdaqGS:FWONK) with a Market Outperform recommendation. Analyst Price Forecast Suggests 53.31% Upside
Fintel reports that on March 30, 2026, Citizens initiated coverage of Formula One Group (NasdaqGS:FWONK) with a Market Outperform recommendation. Analyst Price Forecast Suggests 53.31% Upside
ClaudioVentrella/iStock via Getty Images Market Update and Portfolio Review Global equities advanced in Q4 amid economic expansion and strong corporate fundamentals. Non-U.S. equities led the broad-based rally amid improved manufacturing conditions and policies to support domestic growth and consumption. The U.S. Federal Reserve cut interest rates twice in Q4, given signs of softer employment cond...
ClaudioVentrella/iStock via Getty Images Market Update and Portfolio Review Global equities advanced in Q4 amid economic expansion and strong corporate fundamentals. Non-U.S. equities led the broad-based rally amid improved manufacturing conditions and policies to support domestic growth and consumption. The U.S. Federal Reserve cut interest rates twice in Q4, given signs of softer employment conditions. Inflation remained above target. Nominal 10-year U.S. Treasury bond yields finished Q4 effectively unchanged at around 4.2%. Credit spreads remained low relative to history. Total Return of Strategic Asset Classes Period Ending December 31, 2025 You cannot invest directly in an index. Past performance is no guarantee of future results. U.S. Equities - Dow Jones U.S. Total Stock Market Index, Non-U.S. Equities - MSCI All Country World ex USA Index (Net Mass), U.S. Short-Term Inflation- Protected Bond - Bloomberg U.S. TIPS 0-5 Years Index, U.S. Long-Term Inflation- Protected Bond - Bloomberg U.S. Treasury Inflation Notes: 5+ Years Index, U.S. Investment- Grade Bond - Bloomberg U.S. Aggregate Bond Index, Long-Term U.S. Treasury Bond - Bloomberg U.S. Long Treasury Index, International Bond - Bloomberg Global Agg Treasury ex USD, ex EM, RIC Capped, Float Adjusted USD H Index, Short-Term Debt - Bloomberg U.S. 3-6 Month Treasury Bill Index, Commodities - Bloomberg Commodity 3 Month Forward Index (TR) Click to enlarge Each Fidelity target-date strategy produced a gain in Q4. Performance as of year-end is displayed below (net of fees)*. Quarterly Performance for Representative Funds Period Ending December 31, 2025 See the Performance Summary table in this review for performance reporting on all vintages. Funds shown in this chart are representative samples of where a target-date investor might be at various stages of their life. Click to enlarge Performance Attribution Summary Active asset allocation positioning and security selection added value to the fund's performance ve...
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.2% in the afternoon session after CEO Elon Musk announced a 'big' investment in Japan to expand the company's service infrastructure and Supercharger network.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.2% in the afternoon session after CEO Elon Musk announced a 'big' investment in Japan to expand the company's service infrastructure and Supercharger network.
Earnings Call Insights: TOMI Environmental Solutions (TOMZ) Q4 2025 Management View CEO Halden Shane framed 2025 as a transition year, saying, "While 2025 was a year that tested our patience, it was also a year that validated our technology, deepened our customer relationships and positioned us to execute on a meaningful revenue opportunity in 2026 and beyond." He highlighted commercialization pro...
Earnings Call Insights: TOMI Environmental Solutions (TOMZ) Q4 2025 Management View CEO Halden Shane framed 2025 as a transition year, saying, "While 2025 was a year that tested our patience, it was also a year that validated our technology, deepened our customer relationships and positioned us to execute on a meaningful revenue opportunity in 2026 and beyond." He highlighted commercialization progress in automation, including that SIS "achieved its first commercial installation at a leading CDMO in June of 2025" and ended the year with "4 fully operational SIS enclosure installations," plus a "signed purchase contract of $500,000" with "a global biopharmaceutical leader" for sterile manufacturing integration. CEO Shane pointed to regulatory and geographic expansion as a catalyst for international growth, stating, "we're finally receiving approvals from the HSE and the BPR submissions" and that TOMI is "now officially recognized in the United Kingdom... as well as in the Netherlands," adding, "The recent approval in the Netherlands strengthens our confidence that other EU countries will soon follow suit." CFO David Vanston said, "Revenue for the year ended December 31, 2025, was $5.6 million compared to $7.7 million in '24," and attributed the decline primarily to "the timing of customer equipment purchases." He added, "Gross margin improved to approximately 55%, up from 46% in '24," and noted, "The net loss was $3.7 million or $0.19 per share, an improvement from a net loss of $4.5 million or $0.22 per share in 2024." COO Elissa Shane emphasized a shift toward recurring orders: "we are actively focusing on open BIT Solution orders and annual service offerings," and said support services and solution demand were building, with "an increase of 16% in the backlog of orders for TOMI Support Services and an increase of 24% in BIT Solution backlog of orders for the first quarter of 2026 compared to the same period last year." Outlook CEO Shane provided a revenue target f...