2 گھنٹے پہلے
Micron posts 346% FY26 Q3 revenue surge, guides for $50b in FY26 Q4 sales
Micron Technology’s FY2026 third-quarter revenue jumped 346% year over year, and the company guided for FY2026 fourth-quarter revenue of up to $50b while expecting continued double-digit sequential growth. It also signed Strategic Customer Agreements totaling $22b that run through 2030, improving revenue visibility and reducing exposure to cyclical swings. The stock trades at 6.5x FY27 earnings, while tight market conditions are expected to last through at least 2027.
2 گھنٹے پہلے
3 گھنٹے پہلے
Supply mismatch and U.S. tariff expectations drive copper to $14,737 a tonne in September 2026
The Indian Primary Copper Producers Association says a mismatch between global mining and smelting capacity has helped push copper prices higher. Expectations of U.S. tariffs have diverted large volumes of spot copper to the United States, lifting Comex inventories to 675,000 tonnes while LME stocks have shrunk. LME copper hit $14,737 per tonne in September 2026, up 50% from a year earlier.
3 گھنٹے پہلے
3 گھنٹے پہلے
IEA sees global coal demand rising 1.2% to 8.94 billion tonnes in 2026 as India consumption climbs 4.2%
Global coal demand is expected to rise 1.2% in 2026 to a record 8.94 billion tonnes as elevated natural gas prices, geopolitical disruptions and weather factors support coal-fired power generation, according to the International Energy Agency. India’s coal consumption is projected to increase 4.2% to 1,353 million tonnes. If Middle East tensions ease, LNG flows through the Strait of Hormuz return toward pre-conflict levels and gas prices fall, global coal demand is forecast to slip 0.4% in 2027 to 8.91 billion tonnes. India’s domestic coal production is expected to reach 1,095 million tonnes as it seeks to strengthen local supply and reduce import dependence.
3 گھنٹے پہلے