SANTIAGO, Nov 8 (Reuters) - Chile's copper production from January to September this year jumped 7.3 percent from a year earlier, boosted by a sharp increase in production at BHP's Escondida copper mine.Chile, the world's top copper exporter, produced 4.25 million tonnes of copper in the first nine months of 2018.Escondida, in northern Chile, produced 950,900 tonnes through September, up 57.8 perc...Read More

The stock is on pace for another brutal November The shares of Wynn Resorts Ltd. (NASDAQ:WYNN) are getting destroyed this morning, after the casino concern reported disappointing third-quarter earnings. In addition, CEO Matthew Maddox said the company has seen a "slowdown" after Golden Week in Macau. At last check, WYNN stock was down 14.3% to trade at $97.72.Since the stock's May highs north of $...Read More

SQ has still more than doubled in 2018, thoughThe shares of Square Inc (NYSE:SQ) are down 8.1% to trade at $75.94 this morning, after the payments company's third-quarter earnings report yielded mixed results. While earnings and revenue exceeded expectations, Square's fourth-quarter profit estimates came in well below Wall Street estimates, prompting concerns about the stock's valuation.A host o...Read More

(Reuters) - Coca-Cola Co (KO.N) said on Thursday it plans to launch two energy drinks under its namesake brand, its latest move to diversify away from sugary sodas.Coca-Cola, in an emailed statement, declined to provide a timeline for the launch of the drinks, to be named “Coca-Cola Energy” and “Coca-Cola Energy No Sugar.”The beverages would likely have caffeine from natur...Read More

LONDON (Reuters) - Oil edged lower on Thursday, surrendering early gains, as investors focused on the pace of growth in global crude supply, which is increasing more quickly than many had expected.Chinese data earlier in the day that showed record oil imports in October offered some temporary respite to bearishness that has developed in the past couple of weeks over the expected crude market balan...Read More

State-owned Indonesian miner PT Indonesia Asahan Aluminium (Inalum) on Thursday sold $4 billion of bonds in its first-ever U.S. dollar bond deal to fund the acquisition of a majority stake in the world's second-biggest copper mine.The deal came amid choppy global markets, rocked by trade concerns and slowing economic growth in Asia - including Indonesia - that have made it hard for emerging market...Read More

Insiders can help make sense of short selling data when it is released in the middle and at the end of every month. There are three general scenarios that can arise. First, if a stock is seeing both short covering and insider buying, we have two positive pieces of information leading to a bullish consensus. 1. Bullish ConsensusInsiders typically buy when they have a positive outlook about a stoc...Read More

WASHINGTON, Nov 8 (Reuters) - New applications for U.S. unemployment fell slightly last week and the number of Americans receiving benefits remained at a 45-year low as strong labor market conditions continued.Initial claims for state unemployment benefits dropped by 1,000 to a seasonally adjusted 214,000 for the week ended Nov. 3, the Labor Department said on Thursday. Data for the prior week was...Read More

(Reuters) - Tesla Inc (TSLA.O) has ended weeks of speculation by promoting one of the electric carmaker’s independent directors, Australian accountant Robyn Denholm, to replace Elon Musk as chairman.The change in structure at the Silicon Valley firm, agreed to by Musk in a September court settlement with regulators, is supported by many on Wall Street who worry that his erratic behavior is u...Read More

The chip stock recently suffered a steep selloffShares of Nvidia Corporation (NASDAQ:NVDA) are notably lower in early trading, after early this morning Morgan Stanley slashed its price target to $260 from $273. This bear note comes just ahead of the chip stock's third-quarter earnings report, which is scheduled for after the market closes, next Thursday, Nov. 15. In response, NVDA is down 2.7% at...Read More

Gold spot ($) Target 1218.50.   Stay on top of the markets with Swissquote’s News & Analysis   Pivot (invalidation): 1229.00 Our preference Short positions below 1229.00 with targets at 1223.00 & 1218.50 in extension. Alternative scenario Above 1229.00 look for further upside with 1233.00 & 1236.50 as targets. Comment A break below 1223.00 would trigger a drop tow...Read More

No fewer than 10 brokerages have doled out bull notes on CYBR overnightThe shares of CyberArk Software Ltd (NASDAQ:CYBR) are up 10.2% this morning to trade at $78.31 -- fresh off a new record high of $84.21 -- after the cybersecurity firm reported adjusted third-quarter earnings of 48 cents per share on $84.7 million in revenue, more than analysts were expecting. CyberArk Software also raised its...Read More

TOKYO, Nov 8 (Reuters) - Japan's Sumitomo Metal Mining Co Ltd posted a 52 percent jump in half-yearly pre-tax profit on Thursday but cut its full-year forecast, blaming lower-than-expected metal prices amid the U.S.-Sino trade spat, and reduced nickel output."It doesn't seem that there will be a quick settlement in the U.S.-China trade conflicts, which suggests no quick recovery in prices of metal...Read More

ROME (Reuters) - Italian Economy Minister Giovanni Tria on Thursday condemned latest European Commission economic forecasts for Italy, which were worse than Rome’s own data, saying the EU analysis was wrong and limited.“The European Commission’s forecasts for the Italian deficit are in sharp contrast to those of the Italian government and derive from an inaccurate and incomplete...Read More

Business partner Coca-Cola is actually putting pressure on MNST stockMonster Beverage Corp (NASDAQ:MNST) is trading down 10.4% in pre-market activity, even though the company reported better-than-expected earnings for the third quarter. Traders could be reacting to weak margins for the period, on top of surprising news about business partner Coca-Cola (KO), which sparked a downgrade from Morgan St...Read More

The Dow and S&P 500 are set to snap a three-day winning streakFutures on the Dow Jones Industrial Average (DJI) are signaling a lower open, with the index on track to snap a three-day winning streak. Investor attention now shifts away from the midterm elections and toward the Fed meeting, set to conclude at 2 p.m. ET today. While no monetary policy changes are expected, traders are likely to read...Read More

Mr. Michael Williams reportsVENDETTA REPORTS FINAL RESULTS FROM 2018 PEGMONT LEAD-ZINC PROJECT PROGRAM WITH HIGH GRADE INTERSECTIONS IN NEW ZONE 3 STRUCTUREVendetta Mining Corp. has provided the last batch of drill results from the 2018 resource development program on the Pegmont lead-zinc project in Queensland.New zone 3 structure pit highlights:PVRD170: 6.00 metres of 11.43 per cent lead plus zi...Read More

Mr. Michael Williams reportsVENDETTA REPORTS FINAL RESULTS FROM 2018 PEGMONT LEAD-ZINC PROJECT PROGRAM WITH HIGH GRADE INTERSECTIONS IN NEW ZONE 3 STRUCTUREVendetta Mining Corp. has provided the last batch of drill results from the 2018 resource development program on the Pegmont lead-zinc project in Queensland.New zone 3 structure pit highlights:PVRD170: 6.00 metres of 11.43 per cent lead plus zi...Read More

AsankoGold Inc. (TSX, NYSE American: AKG) reports a third-quarter loss but also listsrecord output. The loss was $0.3 million, or zero cents per share, compared to net income of$4.2 million, or 2 cents, in the year-ago period. The reduction was mainly dueto lower mine operating earnings on the Asanko Gold Mine joint venture and thestart of equity accounting for Asanko’s interest in the mine....Read More

Asanko Gold Inc. (TSX, NYSE American: AKG) reports a third-quarter loss but also lists record output. The loss was $0.3 million, or zero cents per share, compared to net income of $4.2 million, or 2 cents, in the year-ago period. The reduction was mainly due to lower mine operating earnings on the Asanko Gold Mine joint venture and the start of equity accounting for Asanko’s interest in the...Read More