Freeport-McMoRan — The mining giant saw its stock plummet nearly 12% following the declaration of force majeure at its Grasberg mine in Indonesia. This decision came after a tragic mud rush incident earlier this month, which resulted in a fatal accident. Additionally, Freeport has warned that its consolidated sales for copper and gold in the third quarter will fall short of previous expectations.
UniQure — In a stark contrast, shares of this biotech firm skyrocketed by more than 250%. This surge followed promising results from a key clinical trial of its experimental gene therapy for Huntington’s disease, which demonstrated the ability to slow the progression of this neurodegenerative condition.
Thor Industries — The Airstream manufacturer reported a nearly 6% increase in its stock price after exceeding earnings expectations. Thor posted earnings of $2.36 per share, excluding certain items, on revenue of $2.52 billion. Analysts had predicted earnings of only $1.28 per share on $2.32 billion in revenue.
Alibaba — Shares of the Chinese tech behemoth jumped over 9% after the company announced plans to increase its investment in artificial intelligence. Alongside this announcement, Alibaba unveiled new AI products and updates, signaling its commitment to innovation in this rapidly evolving sector.
Lithium Americas — This mining stock experienced a remarkable rise of more than 96%. Reports from Reuters indicated that the Trump administration is considering acquiring a stake of up to 10% in the company, which has sparked investor interest.
Oracle — In contrast, the database software company saw its stock decline by 4%. This drop is attributed to uncertainties regarding Oracle’s control over TikTok’s algorithm as part of its acquisition deal with other Big Tech investors from ByteDance, the Chinese parent company of TikTok.
Micron — Shares of this semiconductor company fell more than 4%, despite posting a better-than-expected quarterly report and optimistic guidance for the current quarter. Notably, Micron’s stock has nearly doubled in value so far in 2025.
Coinbase — The cryptocurrency exchange saw its shares rise by 1% after launching the x402 Foundation in partnership with Cloudflare. This initiative aims to establish a universal standard for AI-driven payments, contributing to the overall positive sentiment in the crypto market, which also saw Bitcoin increase by over 1%.
MillerKnoll — Shares of the office furniture company dropped about 7%, despite surpassing analyst estimates in its latest quarterly report. The company noted a boost from increased office leasing activity, yet this was not enough to sustain its stock price.
Douglas Elliman — The luxury real estate brokerage experienced a 5% decline in its shares after reports emerged of a Wall Street watchdog investigating alleged insider trading linked to a failed takeover bid for the firm. The investigation is still in its early stages, adding to the uncertainty surrounding the company.
— CNBC’s Liz Napolitano, Sarah Min, Sean Conlon, Yun Li, Alex Harring, and Michelle Fox contributed reporting.
