Copper held a gain as investors monitored progress toward a possible deal to end three months of war in the Middle East. The industrial metal was little changed near $13,680 a ton on the London Metal Exchange, having risen more than 1% on Friday. The LME was closed Monday for a public holiday. US President Donald Trump said negotiations with Iran over an interim deal to extend a ceasefire and reop...
Copper held a gain as investors monitored progress toward a possible deal to end three months of war in the Middle East. The industrial metal was little changed near $13,680 a ton on the London Metal Exchange, having risen more than 1% on Friday. The LME was closed Monday for a public holiday. US President Donald Trump said negotiations with Iran over an interim deal to extend a ceasefire and reopen the Strait of Hormuz were “ proceeding nicely ,” while Pakistani military chief Asim Munir — the main interlocutor between the warring sides — told China an agreement was “ close to being reached .” Optimism that a deal could be near was curbed, however, after US Central Command said American forces had struck missile-launch sites in Iran and vessels that it said were trying to place mines. The attack took place south of Larak Island and several Iranian personnel were killed, Iran’s state-run Nour News reported, without providing further details. Copper has risen to near-record highs this month, supported by hopes for a peace deal that would ease inflation concerns as well as a flurry of bets on skyrocketing power use for artificial intelligence. Among its many uses, the metal is a crucial component in the data centers that power AI projects. Copper edged up 0.1% to $13,680 a ton on the LME as of 11:07 a.m. in Shanghai. Other metals were mixed, with aluminum down 0.2% at $3,644 a ton and nickel falling 1.3%. Zinc gained 0.7% to $3,567 a ton.
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Arm Holdings (NasdaqGS:ARM) has introduced its Arm AGI CPU platform, aimed at agentic AI workloads in data centers. Major cloud providers and hyperscalers, including Nvidia, are adopting the architecture, signaling broad industry support. Arm expanded its collaboration with Red Hat to...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Arm Holdings (NasdaqGS:ARM) has introduced its Arm AGI CPU platform, aimed at agentic AI workloads in data centers. Major cloud providers and hyperscalers, including Nvidia, are adopting the architecture, signaling broad industry support. Arm expanded its collaboration with Red Hat to deliver integrated AI hardware and software stacks for data center and hybrid cloud use. For investors watching AI infrastructure, NasdaqGS:ARM now sits at the center of a key shift as its designs gain traction inside large data centers. The stock trades around $306.51, with very strong recent momentum: up 42.5% over the past week, 30.5% over the past month, 167.2% year to date, and 141.0% over the past year. This run puts Arm firmly on the radar of investors who want exposure to AI related hardware and cloud demand rather than just headline AI software stories. Looking ahead, the focus is likely to stay on how quickly Arm AGI CPUs convert early customer interest into broad deployment inside hyperscale data centers. Investors may want to track data center royalty trends, the depth of cloud provider partnerships, and how effectively Arm and Red Hat deliver turnkey AI stacks that make it easier for enterprises to shift workloads onto Arm based infrastructure. Stay updated on the most important news stories for Arm Holdings by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Arm Holdings. NasdaqGS:ARM Earnings & Revenue Growth as at May 2026 We've flagged 1 risk for Arm Holdings. See which could impact your investment. The AGI CPU launch and deeper collaborations in data centers push Arm further into the same high value AI infrastructure tier as Intel, AMD and Nvidia, but with a power efficiency angle that appeals to hyperscalers trying to manage energy and rack density. The stock’s sharp recent gains show how quic...
China’s onshore currency may strengthen to as much as five yuan per dollar if local firms unwind a massive buildup of greenback holdings, triggering a sharp reversal in capital flows, according to Macquarie Group. As long as domestic demand stays weak and exports remain resilient, any yuan appreciation is likely to reflect broad dollar weakness rather than stronger Chinese fundamentals, economists...
China’s onshore currency may strengthen to as much as five yuan per dollar if local firms unwind a massive buildup of greenback holdings, triggering a sharp reversal in capital flows, according to Macquarie Group. As long as domestic demand stays weak and exports remain resilient, any yuan appreciation is likely to reflect broad dollar weakness rather than stronger Chinese fundamentals, economists led by Larry Hu wrote in a note. But if exports falter and Beijing ramps up stimulus, an unwinding of yuan carry trades may trigger a sharp rally, potentially pushing the exchange rate to six or even five, they said. Macquarie estimates Chinese firms have amassed about $800 billion in dollar positions, largely through carry trades, in which investors borrow in low-yielding currencies and invest in higher-yielding assets elsewhere. A reversal of those trades would mark a shift in the yuan from a currency driven mainly by dollar movements to one supported by domestic factors, with implications for China’s economy and assets. The call comes as Chinese companies have accelerated foreign-exchange conversions since late last year, helping the yuan strengthen past the seven-per-dollar level faster than expected . The currency has also outperformed its Asian peers over the past three months despite broader dollar strength amid tensions in the Middle East. “If China’s domestic demand strengthens on the back of forceful stimulus, the yuan carry trade will start to unwind as business confidence improves and the US-China yield gap narrows,” the economists wrote. “This would allow the yuan to appreciate more forcefully against the dollar.”