Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Copper Stable as AI-Driven Tech Stock Rally Holds Near Record
Business & Finance

Copper Stable as AI-Driven Tech Stock Rally Holds Near Record

Bloomberg Markets Wednesday 07 October 2026, 02:01 UTC By Eddie Spence 1 min read
Key Points

Commodities Copper Stable as AI-Driven Tech Stock Rally Holds Near Record Copper steadied as a rally in tech-related stocks held near record highs on optimism about the artificial intelligence boom. Contracts on the London Metal Exchange were little changed on Wednesday, reflecting broader caution across other markets. The red metal is set to receive a demand boost from data centers built for the AI industry, the same sector driving this week’s gains in global stocks.

Commodities Copper Stable as AI-Driven Tech Stock Rally Holds Near Record Copper steadied as a rally in tech-related stocks held near record highs on optimism about the artificial intelligence boom. Contracts on the London Metal Exchange were little changed on Wednesday, reflecting broader caution across other markets. The red metal is set to receive a demand boost from data centers built for the AI industry, the same sector driving this week’s gains in global stocks.
AI-Driven Tech Stock (ORG) the London Metal Exchange (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs

Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs Retail investors are estimated to have lost 2.3 trillion won ($1.7 billion) from leveraged exchange-traded products tracking South Korea’s two chipmaking giants in just months, according to a lawmaker’s office, in the first revelation of the magnitude of risks from such bets. Clients of 10 Korean brokerages incurred the losses from single-stock ETFs and notes tied to Samsung Electronics Co. and SK Hynix Inc. between May 27 and...

Bloomberg Markets 17m ago

RBI Meeting Is About More Than Just Interest Rates for Markets

RBI Meeting Is About More Than Just Interest Rates for Markets Good morning... I’m Pratigya Vajpayee in New Delhi, and all eyes today are on the RBI. India’s central bank is poised to raise interest rates for the first time in nearly four years as rising inflation and a rupee near record lows force policymakers to shift gears.

Bloomberg Markets 42m ago

Singapore contacts Thai authorities, importers over planned egg export cuts: SFA

Singapore contacts Thai authorities, importers over planned egg export cuts: SFA Thailand accounts for less than 15 per cent of Singapore's egg supply, the agency said. SINGAPORE: The Singapore Food Agency (SFA) has contacted Thai authorities and engaged local importers after Thailand asked firms to cut egg exports by 30 per cent to 50 per cent until December following flood-related losses. SFA said in a response to CNA queries on Tuesday (Oct 6) that it was monitoring developments.

Channel News Asia 46m ago

The taxman comes for China’s offshore riches

The crackdown has rattled the country’s wealthiest people and the businesses in Hong Kong, Singapore and Tokyo that manage their money

Financial Times 49m ago