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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This old tech name is now a top AI play, according to analysts

This old tech name is now a top AI play, according to analysts

Analysts on Wall Street are sticking by Dell Technologies even as the stock pulls back following a weak third-quarter outlook. Dell reported second-quarter results on Thursday that surpassed analyst estimates, but its outlook for the current quarter soured investor sentiment and kept shares under pressure. Third-quarter earnings are estimated to be $2.45 per share, 10…

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Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says

Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says

Private sector hiring was a bit better than expected in February, though most of the job creation came from just two sectors, ADP reported Wednesday. Companies added a seasonally adjusted 63,000 workers during the month, an improvement from the downwardly revised 11,000 in January and better than the Dow Jones consensus estimate for 48,000, according…

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