Check out the companies making headlines in the midday trading: Freeport-McMoran – Mining company stock fell almost 12% after declaring a massive massive scale in Grasberg Mine, Indonesia. Freeport was mud. It stopped working in the mine earlier this month after a mud rush led to a fatal accident. Additionally, the company warned that integrated copper and gold sales will be lower than previously expected. Uniqure – The biotechnology company’s stock rose more than 250% after experimental gene therapy for slowing the progression of Huntington’s progression of neurodegenerative diseases in major clinical trials. Thor Industries – Airstream maker shares rose almost 6% after posting better earnings than expected. Toll won $2.36 per share, excluding items, with revenue of $2.522 billion. Analysts had expected Thor to make $1.28 per share at $2.32 billion. Alibaba – US listed stocks of Chinese tech companies jumped over 9% after Alibaba said it would promote spending on artificial intelligence models and development. We also announced new AI products and updates. Lithium America – Mining stock has risen by more than 96% after Reuters reported, citing people familiar with the issue, saying the Trump administration is trying to acquire up to 10% of the company’s stake. Oracle-Database Software Company’s shares fell 4% amid uncertainty in the scope of the company controlling Tiktok’s algorithm as part of a deal where Oracle will purchase social media platforms alongside other Bigtech investors from China-based bystanders. MICRON – Stocks fell more than 4% even after stocks posted quarterly reports above expectations and bright current quarterly guidance. Stock prices have almost doubled in 2025. Coinbase – Cryptocurrency Exchange has teamed up with CloudFlare to launch the X402 Foundation, establishing a universal standard for AI-driven payments, and has risen by 1%. Cryptocurrency stock rose alongside Bitcoin, up over 1%. Millerknoll – The office furniture company’s stock fell by about 7% in the recent quarter, despite surpassing analyst estimates. The company said it is gaining support from picking up office leasing activities. Douglas Elliman – Luxury Real Estate Brokerage shares fell 5% after Reuters reported that Wall Street Watchdog was investigating alleged insider trading activities related to a failed bid to take over the company. The probe is still in its early stages, the report said. – Reported by CNBC’s Liz Napolitano, Sarah Min, Sean Conlon, Yun Li, Alex Harring and Michelle Fox.
