NASDAQ:STLD - Nasdaq - US8581191009 - Common Stock - Currency: USD
Now could be a great time to buy this pair of leaders in the U.S. steel industry. Nucor has become one of the most important companies in this area. Steel Dynamics is taking on and surpassing established leaders.
Mentions: NUE
(Reuters) -Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy sources. Shares of TXNM rose as much as 8.3% to $57.29, an all-time high, as the all-cash deal from Blackstone valued the New Mexico-based utility at $61.25 per share, representing about 15% premium to the stock's last close, according to LSEG data. Utility NRG Energy said last week it would acquire some power generation assets from energy infrastructure investment firm LS Power in a deal valued at $12 billion.
While NUE gains on its actions to grow through acquisitions and capacity expansion, weak steel prices weigh on its prospects.
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
In the opening hour of the evening session, U.S. equity futures are sharply higher, tacking on to broad-based gains seen during Tuesday’s regular hours. S&P 500 futures are up 1.6% above 5,400, Nasdaq 100 is up 2% above 18,700, and Dow Industrials are up 1.4% just shy of 40,000. Comments from President Trump that he has no intention of firing Fed Chairman Powell, but rather only prefers him to move faster on cutting rates, are helping restore constructive sentiment and reverse concerns that capi
The S&P 500 advanced 1.7% on Wednesday, April 23, as comments from the White House pointed to stability at the Fed and the possibility of easing trade tensions.
Oklo (OKLO) “announced that Sam Altman will step down as Chairman of the Board. Altman has helped guide Oklo’s development since its beginning, and has helped position it to execute on its mission. Jacob DeWitte, Oklo CEO and Co-Founder, will serve as Chairman and Board Member.” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on OKLO: OpenAI CEO Altman stepping down as Oklo
The steel demand strengthened in Q1, with customer orders rebounding and backlogs growing steadily across STLD's steel and steel fabrication operations.
Buy stocks like STLD, ANDE and IPI for steady returns as the focus shifts to the impact of the Trump administration's policies on the materials sector.
US stocks recovered some losses on Tuesday after a bruising start to the week, marked by renewed criticism of Federal Reserve Chair Jerome Powell by President Trump.
Nucor, Steel Dynamics and United States Steel are part of the Zacks Industry Outlook article
We recently published a list of 10 Jim Cramer Stocks to Buy and Sell Now. In this article, we are going to take a look at where Steel Dynamics, Inc. (NASDAQ:STLD) stands against other stocks that Jim Cramer discussed. Jim Cramer in a latest program on CNBC talked about President Donald Trump’s attack on Federal […]
More than 100 S&P 500 companies are set to report earnings as the market looks to find footing as the fallout from President Trump's tariffs has sent stocks into a tailspin.
Steel Dynamics (STLD) closed the most recent trading day at $117.21, moving -0.87% from the previous trading session.
We recently published a list of Jim Cramer’s Game Plan: 15 Stocks to Watch. In this article, we are going to take a look at where Abbott Laboratories (NYSE:ABT) stands against other stocks that Jim Cramer discusses. On Friday, Mad Money host Jim Cramer outlined what investors should focus on in the week, especially pointing […]
As new trade tariffs hit the United States and most of its trading partners, these steelmaking stocks might come as a potential rescue for investor portfolios.
Steel is facing a downturn, and United States Steel (NYSE: X) is in the headlines. You'd be better off with competitors Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD). U.S. Steel has an iconic name and holds a venerated place in the history of the steel industry.
The brokerage noted that the larger-than-anticipated tariffs could lead to demand destruction for steel companies but acknowledged that negotiations and potential rollbacks remain possible.
We recently published a list of 10 Best Metal Stocks to Buy According to Billionaires. In this article, we will look at where Steel Dynamics, Inc. (NASDAQ:STLD) stands against other best metal stocks to buy. When investing in the best metal stocks, the stakes are high, and the potential rewards are even higher. Metals power the […]
We recently published a list of 10 Best Metal Stocks to Buy According to Billionaires. In this article, we will look at where Teck Resources Limited (NYSE:TECK) stands against other best metal stocks to buy. When investing in the best metal stocks, the stakes are high, and the potential rewards are even higher. Metals power the […]
Coin collecting, or numismatics (a term which also encompasses the study of coins), has been a practice for at least 2,000 years, with Augustus -- also known as Octavian -- famously gifting a variety...
The brokerage described Steel Dynamics as a "best-in-class" domestic steel producer with a product mix that is well-aligned with the new trade measures.
US Steel still believes its merger with Nippon Steel of Japan can happen and investors are leaning that way based on the 60% rally off lows.
Okta initiated, Wingstop upgraded: Wall Street's top analyst calls
We recently published a list of Jim Cramer Looked At These 23 Stocks Recently. In this article, we are going to take a look at where Mosaic Company (NYSE:MOS) stands against other stocks that Jim Cramer looked at recently. Jim Cramer, the host of Mad Money, offered an optimistic perspective on the market on Thursday […]
We recently published a list of Why These 15 Cybersecurity Stocks Are Plunging In 2025. In this article, we are going to take a look at where AvePoint, Inc. (NASDAQ:AVPT) stands against other cybersecurity stocks that are plunging in 2025. Cybersecurity stocks ranked among the hottest names on the stock market for years as these […]