Business & Finance
Barrick Mining Moves on Earnings; Google's New AI Chips | Stock Movers
Key Points
On this episode of Stock Movers: - Shares of Barrick Mining (B) rose in premarket trading after the miner reported third-quarter earnings that beat the average analyst estimate as strength in gold offset copper weakness. The company also said that its Nevada Gold Mines initial public offering remains on track for late 2026 or early 2027. - Shares of Alphabet (GOOG) edged higher after news Google is rolling out a broader array of AI chips, aiming to capitalize on its rapid ascent as a...
On this episode of Stock Movers:
- Shares of Barrick Mining (B) rose in premarket trading after the miner reported third-quarter earnings that beat the average analyst estimate as strength in gold offset copper weakness. The company also said that its Nevada Gold Mines initial public offering remains on track for late 2026 or early 2027.
- Shares of Alphabet (GOOG) edged higher after news Google is rolling out a broader array of AI chips, aiming to capitalize on its rapid ascent as a challenger to Nvidia. The company is introducing two new variations of its tensor processing units, or TPUs, custom-made semiconductors that help run AI software.
- Shares of KKR & Co. (KKR) rallied in the early session after the company reported a third-quarter profit that beat analysts’ estimates as the “mini Berkshire” unit that holds long-term private equity bets mitigated a slump at its Global Atlantic insurance arm. (Source: Bloomberg)