Showing 193–208 of 389 items from the last 14 days
Analysts expect the company to launch new iPhones and Apple Watches at the event, including the company's first folding phone
Read original →Traders are flooding American warehouses with refined copper to beat potential import tariffs, draining global inventories and pushing prices near all-time highs despite sufficient physical supply worldwide. On the New York Commodity Exchange, copper for September delivery surged to a record US$6.7270 a pound, or approximately US$14,830 a metric ton. The price marks a nearly 4 percent premium over the London Metal Exchange (LME), where three-month contracts traded within striking distance of the US$14,527.50 all-time peak set in January. Comex inventories have climbed for 46 consecutive days, reaching a record 675,185 metric tons. In July alone, more than 200,000 tons of copper landed at US ports—the largest monthly volume recorded in IHS Markit shipping data dating back to 2014. The US imported 885,000 tons of refined copper cathodes in the first half of 2026, pacing to approach the record 1.64 million tons imported in 2025. Tariff threat drives copper inflows Uncertainty surrounding US trade policy continues to drive the rush. The US Commerce Department was scheduled to deliver a copper market report to the White House by June 30. The review will determine whether the administration proceeds with a 15 percent tariff on refined copper starting in January 2027, which could escalate to 30 percent by 2028. With the looming escalating tariffs, the excess copper in US warehouses could serve as a critical domestic reserve rather than triggering a rapid destocking cycle. This mass relocation of copper has altered the physical market balance. As reported by Reuters, CRU originally projected a 639,000-ton global copper surplus for 2026. Assuming the metal stockpiled in the US remains trapped, analysts now view the market as balanced at best. Market participants expect the metal to remain stranded in the US, as the costs involved erase the financial incentive to re-export. Copper currently stored in Comex warehouses is already duty-paid. Glencore (LSE:GLEN,OTCPL:GLCNF) CEO Gary Nagle noted prices will likely fall once a final tariff decision is announced, regardless of the exact duty rate, simply because it will eliminate current uncertainty. "You'll have these high stockpiles in the US, which over time will be drawn down for use ... not to be exported again," Nagle said in the company’s recent earnings call. Mine outages, bottlenecks compound supply constraints The tariff threat also builds on supply chain fractures already faced by the industry. The closure of the Strait of Hormuz following the US-Israel war with Iran paralyzed shipments of sulfuric acid, a critical input for copper processing. Prices for the chemical surged to US$820 per metric ton in the Middle East and up to US$1,200 in import-dependent regions like Brazil. Simultaneously, major mine disruptions constrain raw output. Chile, the world’s top producer, recorded a 9 percent production drop in the first quarter, largely due to ongoing recovery efforts at Codelco's El Teniente mine following a fatal collapse in August 2025. Major sites including Freeport-McMoRan's (NYSE:FCX) Grasberg operation in Indonesia and the Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF)-Zijin Mining Group (HKEX:2899,SHA:601899,OTCPL:ZIJMF) Kamoa-Kakula joint venture in the Democratic Republic of Congo continue to operate below full capacity. Adding to the supply anxiety, the DRC recently imposed an immediate export ban on copper and cobalt concentrates on August 6. As a result, LME warehouse stocks plunged from 401,000 metric tons in early May to 214,550 metric tons. This shortage directly collides with the growing demand for artificial intelligence (AI) data centers, grid expansion, and electric vehicle manufacturing. Don't forget to follow us @INN_Resource for real-time updates! Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Read original →OpenAI's leadership believes AGI is within reach, according to a TIME report. The company's upcoming model Astra already works as an automated research intern, according to chief scientist Jakub Pachocki. Altman expects it to be "the first model where the model actually invents new things in a way that matters." The article Sam Altman says OpenAI will have AGI by the end of 2026 if you accept his definition appeared first on The Decoder.
Read original →The "everyday" GT3 delivers, despite looming regulations and an ever-inflating price tag.
Read original →The empire of billionaire Los Angeles Dodgers owner Mark Walter has faced media scrutiny since he said he would sell his majority share of the LA Lakers.
Read original →Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) (the “Company” or “Western Star”)...
Read original →More than 15 politicians from across the country have signed on to the AI Pact, vowing to regulate data centers and AI. “We’ve got to get this right,” says Senate candidate Dan Osborn of Nebraska.
Read original →Meta and state attorneys general settled a federal trial centering on allegations that company misrepresented the extent of child-related mental health harms.
Read original →NV Gold Corp. [TSXV: NVX; OTCQB: NVGLF] reported that its 2026 drill program at its 100%...
Read original →We shouldn't ignore agentic AI ransomware threats, but the claims of a new ransomware group might be skewing the numbers.
Read original →Google has updated Gemini Audio with new transcription capabilities that automatically detect specialized jargon and more than 85 languages. Gemini 3.5 Transcribe is a new addition to the Gemini family that follows the launch of 3.5 Live Translate, and comes as we're still waiting for Google to release the Gemini 3.5 Pro model that it promised to roll out in June. Google says that 3.5 Transcribe "represents a major advancement from our previous transcription model, Chirp 3," especially regarding multilingual performance and wording error rates. The transcription model allows users to "edit naturally with just your voice," according to Goog … Read the full story at The Verge.
Read original →Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create global risks.
Read original →ASX-listed Perseus Mining has reported a strong financial performance for the financial year ended June 30, with its profit after tax having increased by 14% year-on-year to $480.5-million. The company reported a 19% year-on-year increase in revenue to $1.48-billion and earnings before interest, taxes, depreciation and amortisation (Ebitda) of $860.5-million, up 16%.
Read original →Alibaba's Qwen team is previewing the Qwen4 architecture with Qwen3.8-Flash-Next, a mixture-of-experts model that activates just 6 out of 125 billion parameters per token. At one-ninth the training cost, it beats much larger competitors like DeepSeek-V4-Flash and Claude Opus 4.6 on coding and office benchmarks, adding more pricing pressure on OpenAI and Anthropic. The article Alibaba releases Qwen3.8-Flash-Next, targeting "ultimate cost efficiency" appeared first on The Decoder.
Read original →Company's third project in Dalarna County
Read original →The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquely barcoded ballot envelopes.
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