Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, the company warned consolidated sales for copper and gold will be lower in the third quarter than it previously expected. UniQure — Shares of the biotech firm soared more than 250% after its experimental gene therapy for Huntington’s slowed progress of the neurodegenerative disease’s progress in a key clinical trial. Thor…
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Google-parent Alphabet has roared back of late, but questions are emerging over whether the tech giant can sustain its pace of growth. Alphabet shares are up nearly 33% this year and more than 22% over just the past month. They’ve also soared more than 72% from an April closing low. The company — which was slow to be considered an artificial intelligence play — has quickly garnered favor among investors following a favorable court ruling in early September that allowed the company to keep Chrome. Also bolstering the stock is the release of Google’s Nano Banana image-editing feature, which drove…
A proposed vote by Massachusetts Institute of Technology professor Retsef Levi is displayed during an Advisory Committee on Immunization Practices (ACIP) meeting at the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia, U.S., Sept. 19, 2025. Alyssa Pointer | ReutersNew recommendations last week from an influential vaccine panel handpicked by Health and Human Services Secretary Robert F. Kennedy Jr. broke with long-standing U.S. precedent on Covid shots and childhood immunization.The changes by the group, the Advisory Committee on Immunization Practices, or ACIP, could complicate access in some states and add to public confusion around U.S. vaccine policy.Still, several…
Ukrainian Army soldiers prepare LELEKA 100 military intelligence drone for flight in the direction of Chasiv Yar, Donetsk Oblast in Ukraine, June 10, 2024.Jose Colon | Anadolu | Getty ImagesUkrainian drones attacked one of Russia’s largest petrochemical complexes, Salavat in the southern Bashkortostan region, for the second time in less than a week, the local governor said, and two sources said a major unit caught fire.Ukraine has attacked more than 10 Russian refineries and export terminals over the past two months, some more than 1,000 km (620 miles) from the border, dealing the biggest blow to the Russian economy since…
Fortinet continues to stand out in the cybersecurity space for its profitability leadership and differentiated push into AI-powered security solutions. With more than 500 AI-related patents and deep integration of FortiAI across its Security Fabric platform, the company is positioned at the forefront of defending against AI-enhanced cyber threats. The 2025 Fortinet Global Threat Landscape Report highlights the growing use of automation by cybercriminals, and Fortinet’s AI-driven product suite directly addresses this need, creating meaningful barriers to entry for competitors. Recognition in the 2025 Gartner Magic Quadrant for SASE Platforms further validates Fortinet’s leadership and suggests durable competitive advantages. For…
Microsoft is the lead investor in OpenAI and has long been the artificial intelligence startup’s key cloud partner. But in the latest sign that AI relationships are getting complicated, Microsoft is beginning to use more technology from OpenAI rival Anthropic.The software giant said Wednesday that it’s starting to draw on an AI model from Anthropic to answer some queries in the Microsoft 365 Copilot assistant for commercial clients.The effort represents another step toward diversification in generative AI for Microsoft, which has mainly relied on OpenAI models for artificial intelligence features in Bing, Windows and other products. As part of a…
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode.Brandon Bell | Getty ImagesInstagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said Wednesday.”What an incredible community we’ve built here,” Zuckerberg posted on his Instagram channel.The figure is a major milestone for the photo-sharing app, which the social media company acquired in 2012 for $1 billion.Meta last disclosed Instagram’s user figures in October 2022 when Zuckerberg said during an earnings call that the app had crossed 2 billion monthly users.Meta said in April 2024 that it…
UBS upgrades shares of General Motors on Wednesday, telling clients the automaker can manage tariff costs and that the stock is cheap. UBS raised its GM rating to buy from neutral and ratcheted up its price target to $81 from $56. The new target is nearly 40% higher than Tuesday’s close. The investment bank noted its earnings estimates for the next two years are materially higher than the rest of Wall Street. “While tariffs have added costs that GM won’t pass through to the consumer, we believe GM has a number of levers at their disposal to offset the headwind,”…
Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas. Brandon Bell | Getty ImagesDETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings.The move includes offering consumers with subprime credit — those with a FICO score below 620 — lower interest rates that are typically offered to those with quality scores, the automaker’s Ford Credit financial arm confirmed Wednesday.Such promotions aren’t unprecedented and are an effort to make vehicles more affordable…
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York City. Matthew Stockman | Getty ImagesSen. Elizabeth Warren served Rolex with a critical letter on Wednesday for hosting President Donald Trump at the U.S. Open, alleging that the Swiss company could be trying to sidestep tariffs slapped on its home country.The Massachusetts Democrat said that…
