Tariffs Are Making Copper Harder to Get. Recycling It Could be a Quick Fix.

UBS has raised its price target for Prysmian's stock to EUR 105, highlighting the company's strong exposure to artificial intelligence. This adjustment reflects confidence in Prysmian's growth potential as AI continues to transform industries. Investors may see this as a positive signal, indicating that Prysmian is well-positioned to capitalize on emerging technologies.

Teck Resources has revised its copper output forecast for 2025 following disappointing sales in the third quarter. This adjustment highlights the challenges the company faces in meeting production targets, which could impact its market position and investor confidence. The missed sales figures raise concerns about demand and operational efficiency, making it crucial for Teck to address these issues to stabilize its future performance.

Google's decision to invest $10 billion in a data center cluster in India marks a significant commitment to the country's digital infrastructure. This investment not only enhances Google's operational capabilities but also boosts India's position as a tech hub, creating jobs and fostering innovation in the region. It reflects the growing importance of India in the global tech landscape and signals confidence in the country's economic potential.

Confluent is exploring a potential sale as demand for data streaming solutions surges, driven by advancements in AI technology. This move highlights the growing importance of real-time data processing in various industries, making it a significant development for businesses looking to leverage AI for better decision-making and operational efficiency.

Copper prices have taken a hit as officials from the US Federal Reserve have advised caution regarding quick cuts to interest rates. This news is significant because it suggests that the anticipated boost in demand for metals may not materialize, impacting both investors and industries reliant on copper.

Mattel has teamed up with OpenAI to develop the Sora 2 AI video model, marking a significant step in the intersection of toys and technology. This partnership aims to enhance the interactive experience for users, showcasing how AI can bring creativity and innovation to the toy industry. It's an exciting development that not only highlights Mattel's commitment to staying at the forefront of tech but also opens up new possibilities for engaging storytelling and play.

The recent ad campaign for Friend, a wearable A.I. companion, has taken over New York City's subway system, sparking both interest and controversy. While the ads aim to promote the innovative technology, they have also led to instances of vandalism, highlighting a backlash against the pervasive nature of such advertising. This situation raises questions about the impact of technology on public spaces and the boundaries of marketing in urban environments.

California's new AI law, championed by Governor Gavin Newsom, has made significant changes by removing the controversial 'kill switch' while implementing essential guardrails for users and companies. This legislation is crucial as it aims to foster innovation in artificial intelligence while ensuring safety and accountability, striking a balance that could serve as a model for other states.

Deloitte has come under fire for incorporating AI into a $290,000 report aimed at assisting the Australian government in welfare enforcement. A researcher pointed out that the AI produced misleading information, raising concerns about the reliability of the findings. While Deloitte claims that these updates do not affect the report's conclusions, the incident highlights the potential pitfalls of using AI in critical government assessments, prompting discussions about accountability and the integrity of such reports.

Capstone Mining has announced encouraging drill results from its Mantoverde copper project, indicating potential for increased production and profitability. This news is significant as it highlights the company's commitment to expanding its operations and could attract further investment, boosting the local economy and the mining sector.

Zelda Williams has spoken out against AI-generated videos of her late father, Robin Williams, highlighting the disturbing trend of digital necromancy. This issue raises important questions about the ethical implications of using generative AI to create lifelike representations of deceased individuals, sparking a broader conversation about consent and the legacy of those who have passed away.

Ciena has successfully acquired Nubis Communications, a move that significantly enhances its capabilities in AI interconnects. This acquisition is important as it positions Ciena to better meet the growing demand for advanced networking solutions, particularly in the realm of artificial intelligence. By integrating Nubis's technology, Ciena aims to provide more efficient and innovative services to its customers, ultimately driving growth and competitiveness in the tech industry.

In a significant development following the car finance scandal, lenders are set to pay out £700 per claim, amounting to a total of £8.2 billion in compensation. While this figure is lower than the previous estimates by the FCA, it still represents a substantial effort to address the financial grievances of affected consumers. This payout is crucial as it not only helps restore trust in the financial system but also provides much-needed relief to those who were impacted by the scandal.

The dollar has gained strength as the yen continues to weaken, while the kiwi has taken a hit following the Reserve Bank of New Zealand's recent decisions. This shift in currency dynamics is significant as it reflects broader economic trends and impacts international trade and investment strategies. Investors are closely monitoring these developments, as fluctuations in currency values can influence everything from import costs to foreign exchange reserves.

The FTSE 100 is set to rise as the pound experiences a decline, creating a favorable environment for UK stocks. This shift is significant as it may attract more investors looking for opportunities in the UK market, potentially boosting the economy. A weaker pound often makes exports cheaper, which can benefit companies listed on the FTSE 100.

Spot gold has just crossed the remarkable $4,000 an ounce mark for the first time, driven by rising concerns about the US economy and the looming threat of a government shutdown. This significant milestone highlights gold's impressive journey, especially considering it was trading below $2,000 just two years ago. With returns now surpassing those of equities this century, this rally is not just a win for gold investors but also a reflection of broader economic anxieties.

Oncoinvent has announced promising results for its cancer treatment, Radspherin, which could significantly improve patient outcomes. This development is crucial as it highlights advancements in cancer therapies, offering hope to patients and families affected by this disease.

TD Securities has upgraded Sun Life's stock rating to 'Buy', citing favorable valuation and pricing dynamics. This is significant as it reflects confidence in Sun Life's financial health and growth potential, which could attract more investors and positively impact the stock market.