Three Companies Fighting Back Against China’s Rare Earth DominanceFN Media Group Presents Oilprice.com Market Commentary London – November 18, 2024 – With Trump having secured a historic victory in the U.S. Presidential election, investors are now racing to position themselves for a new America. Dramatic shifts in geopolitical, financial, and trade policies are going to transform the market, with trillions of dollars […]
MarketBeat Week in Review – 7/22 - 7/26Markets are in rally mode fueled by sector rotation and interest rate hopes, that rally may continue as earnings season kicks into high gear next week
Nucor Corporation (NUE): The Winning Streak ContinuesShares of Nucor Corporation (
NYSENUE) traded at a new 12-month high today of $133.74. Approximately 922,000 shares have changed hands today, as compared to an average 30-day volume of 3.6 million shares.
Nucor Corporation (NUE): The Winning Streak ContinuesShares of Nucor Corporation (
NYSENUE) traded at a new 12-month high today of $133.74. Approximately 922,000 shares have changed hands today, as compared to an average 30-day volume of 3.6 million shares.
Steel Leader's Stock Being Dragged Down By Falling PricesNucor beat earnings and revenue estimates, however, revenue fell 15% from the previous year. Declining steel prices will hurt the firm in the short term.
Steel Dynamics Stock is Up 9.6% While Its Peers Are RustingWhile most steel producer stocks are trading down in 2024, Steel Dynamics Inc. (
NASDAQSTLD) is an exception. Its stock is trading up 9.1% year-
U.S. Steel Stock: Betting on EPS Cut and Merger Uncertainty?American integrated steel producer United States Steel Co. (
NYSEX) lowered its adjusted Q2 EBITDA guidance on June 17, 2024. However, the stock
Nucor Stock Earnings Riding the Steel Industry WaveNucor's earnings may have scared off investors, though the fine print actually shows how the business is now ramping up to an explosive year
3 steel stocks to play the manufacturing comebackThree stocks in the steel manufacturing industry are setting up to deliver a potential turnaround in their prices and outlooks for 2024. Backed by the FED
Could Cleveland-Cliffs be the next steel company to be acquired?On Dec. 18, 2023, Iconic steel producer United States Steel Inc. announced it had agreed to be acquired by Japan’s largest steel maker, Cleveland-Cliffs next ?
US Steel forges ahead on news of $14.1 billion acquisitionUS Steel soared on Japanese giant Nippon Steel's $14.1 billion offer, which outbid Cleveland-Cliffs. Politicians and unions have concerns over the acquisition
2 Leading AI Stocks Going Opposite WaysArtificial intelligence (AI) has driven the new enterprise demand cycle for servers, services and applications. Many companies have shown the reality of material demand surge driving revenues and estimates, like leading AI chip maker Nvidia Co. (
NASDAQNVDA), which can't keep their AI chips in stock to meet the relentless demand or Dell Technologies Inc.
NYSE: DELLNYSEDELL)
3 Dividend Kings Poised to Outperform the MarketWall Street expects these three Dividend Kings who have raised their dividend payments for 50 or more consecutive years to keep delivering dividend gold.
Commercial Metals Winning Infrastructure and Datacenter CustomersVertically integrated steel and metal products manufacturer Commercial Metals Co. (
NYSECMC) benefits from the infrastructure spending tailwinds. Commercial
Federman & Sherwood Investigates Nucor Corporation for Data Breach
The law firm of Federman & Sherwood has initiated an investigation into Nucor Corporation with respect to a data breach. On June 3, 2023, Nucor Corporation learned that unauthorized activity was reported on certain internal IT systems. On June 30, 2023, Nucor Corporation notified individuals that their personal information may have been accessed or acquired by an unknown unauthorized person. Based on their preliminary investigation, an unknown party accessed those systems between May 26, 2023 and June 1, 2023. According to Nucor Corporation, the impacted information varies by individual, and may have included: name; bank account number, routing number and amounts deposition into your account.
These Steelmakers Deserve A Place On Your 2023 Watch ListSteel stocks including Nucor and Steel Dynamics are bringing holiday cheer to investors as they have potential to benefit from infrastructure spending in 2023.
Is the Dividend Stock Nucor Corporation Worth Buying?When you're on the hunt for a stock that pays dividends, you may want to take a look at Nucor Corporation (
NYSENUE).
NuScale Power and Spring Valley Acquisition Corp. Announce $15 Million PIPE Investment from Nucor
NuScale Power, LLC (“NuScale” or the “Company”), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, and Spring Valley Acquisition Corp. (NASDAQ: SV, SVSVW) (“Spring Valley”), a publicly traded special purpose acquisition company, today announced that Nucor Corporation (
NYSENUE) (“Nucor”) has committed to a $15 million private investment in public equity (“PIPE”) in furtherance of the NuScale-Spring Valley business combination. This increases the total PIPE commitment for this transaction to $236 million.
