UBS has upgraded Glencore PLC from 'neutral' to 'buy', raising its price target to £6.50 due to stronger coal prices and improved trading profitability. The broker increased its EBITDA forecasts for 2026 and 2027, expecting favorable trading conditions to continue. UBS highlights Glencore's attractive valuation and potential asset sales that could generate over $10 billion, alongside expected shareholder returns. However, challenges remain in financing Glencore's $23 billion copper expansion program, which may delay some projects or reduce ownership stakes.
Glencore's recent UBS upgrade is contextually framed by Basic Materials sector data on Pluang. For readers following this sector, here is Pluang's market snapshot as of Sep 25, 2026 14:41 WIB: of 38 priced US stocks, 20 rose and 18 fell. Notable movers include LAC at USD 2.87 with a 1-day change of +1.41% and Pluang order activity of 58% Sell / 42% Buy, SBSW at USD 10.42 with +1.36% and 13% Sell / 87% Buy activity, and WDFC at USD 197.39 with -0.98% and 0% Sell / 100% Buy activity. Typical hold times vary from 20 to 50 days across these stocks.
Zcash (ZEC) surged 8.79% over 24 hours, reaching 1,614 USDT on Binance spot as of Sept. 25. The price rose from 1,542 USDT four hours earlier, driven by $2.37 million in short liquidations across Binance, Bybit, and OKX, with no long liquidations rep...
Halper Sadeh LLC is investigating whether officers and directors of Future FinTech Group Inc. breached their fiduciary duties to shareholders. Long-term shareholders may seek reforms, financial awards, or other relief. Shareholders are urged to conta...
A wallet cluster sold 139,600 Zcash (ZEC) tokens for about $111 million but missed out on potential gains of over $110 million as the tokens' value rose to roughly $223 million within four weeks. This represents an unrealized opportunity rather than ...
On September 25, a significant transfer of 30 million Tether (USDT) was made from an unidentified wallet to the Binance exchange. The source wallet remains unknown, which may raise questions about the origin and intent behind the movement. Large tran...
XRP and Dogecoin (DOGE) exhibit significant unrealized losses over the past year, with MVRV ratios of -11.75% and -19.26% respectively, indicating investors currently hold these tokens at a loss. This contrasts with Bitcoin, Ethereum, and Chainlink, ...
