Miner Freeport-McMoRan will benefit from Trump copper tariffs, says Morgan Stanley

Miner Freeport-McMoRan will benefit from Trump copper tariffs, says Morgan Stanley

Freeport-McMoRan might be positioned for meaningful gains thanks to President Donald Trump’s copper tariffs, according to Morgan Stanley. The bank upgraded the mining stock to overweight from equal weight but cut its price target to $48 from $54. That updated target implies more than 14% upside from Friday’s close. In late July, Trump signed an…

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Nvidia China H20 chips

Nvidia China H20 chips

Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Chip giant Nvidia pushed back Sunday in response to allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China. Earlier in the day, Reuters reported Yuyuan Tantian, an account affiliated with Chinese state…

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