BHP
NYSE · Basic Materials
BHP Group Limited
$90.41
+2.51 (+2.86%)
BHP News30 articles
Vale Shares Edge Up Despite BofA Downgrade; Buyback Could Lift Yield to 5%
Vale ADRs edged up 0.4% despite BofA downgrade. The company's capital return program, including buybacks, could yield 5.01%, but iron ore headwinds persist.
ASX 200 Set for Rebound as Tech Rally Drives July Gains
Australian shares are set to bounce back on Friday, driven by a tech rally, with the ASX 200 eyeing a 3% monthly gain. However, breadth remains a concern.
ASX 200 Set to Open Lower as Oil Rally Wanes, CPI and RBA Speech in Focus
ASX 200 futures fell 0.3% on Tuesday as the oil-driven rally ran out of steam, with investors turning to June inflation figures and RBA Governor Bullock's speech for direction.
Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus
Rio Tinto shares rose 2.13% ahead of half-year results, as investors focus on iron ore sales growth and copper cost reductions.
ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data
The S&P/ASX 200 closed at 8,796.70, down 0.50%, with mining losses outweighing energy gains. Focus turns to China's loan rate decision and Australia's June jobs data.
BHP Shares Dip as Escondida Drives Steep Copper Production Guidance Cut
BHP shares fell 2.71% as FY27 copper guidance midpoint dropped 11.7%, with Escondida accounting for 93% of the decline. Record iron ore output failed to offset investor concerns.
ASX 200 Closes Lower as Materials Slide Offsets Broad Gains
The S&P/ASX 200 fell 0.50% to 8,796.7 on Friday, dragged by a 2.91% decline in materials, while seven other sectors gained. BHP, Rio Tinto, and Fortescue led the losses.
ASX 200 Faces Subdued Open as Bank Gains Offset Mining Weakness
ASX 200 futures indicate a 0.2% decline at the open, with financials offsetting 72% of materials losses. BHP Group's production outlook and strike risks weigh on miners.
BHP Copper Output Outlook Dims as Escondida Weighs on FY27 Guidance
BHP shares dropped 2.34% after FY27 copper guidance signaled an 11.7% decline, with Escondida responsible for 93% of the deficit. Record iron ore output provides a buffer.
BHP copper price reliance intensifies as output set to drop 12% in FY2027
BHP Group (ASX:BHP) expects a 12% drop in copper output for fiscal 2027, requiring copper prices near $6.50/lb to offset the volume loss.
BHP Seeks Arbitration as Port Hedland Strike Looms After Iron Ore Test
BHP Group has requested Fair Work Commission intervention as an eight-hour strike at Port Hedland nears, following a key iron ore production test. The walkout could impact early FY27 shipments.
Duolingo's Russell Index Shift Fuels Valuation Debate; Dow Futures Rise
Duolingo's move to a value index triggers valuation chatter. Dow futures rise with SK Hynix's U.S. debut, while ECB navigates energy inflation risks from US-Iran tensions.
ASX 200 Surges 1.6% on US-Iran Truce Hopes
The ASX 200 surged 1.6% to 8,731.70 on Friday, its biggest daily gain in seven weeks, driven by hopes of a US-Iran ceasefire that could ease oil supply fears.
Columbia Threadneedle Manager Buys LSEG, Dismisses AI Threat as Overstated
David Moss, manager of Columbia Threadneedle UK High Income trust, has bought shares in LSEG, dismissing AI fears as overblown. The trust trailed its benchmark with an 18.3% return.
Australian Stocks Hit Two-Week Peak, Mining Rally Offsets Energy Sector Decline
The S&P/ASX 200 closed at 8,692, its highest in two weeks, as mining and gold stocks rallied. Energy shares fell on lower crude oil prices. April inflation data is due Wednesday.
Australian Shares Rise as Market Awaits Key Inflation Data
The ASX 200 rose 0.41% to 8,657 on Friday, ahead of crucial April inflation data that could shape RBA policy. Miners and energy stocks outperformed.
ASX Rises as Miners Rally, Guzman y Gomez Surges on US Exit
The ASX200 rose 0.41% on Friday, powered by mining stocks and a 9.6% surge in Guzman y Gomez after the chain exited the US. Weak employment data reduced rate hike concerns.
ASX 200 Rallies on Weak Jobs Data, Miners and Reits Lead
Australian shares rallied Thursday as soft jobs data reduced rate hike odds, with the ASX 200 climbing 1.47% led by miners and real estate.
Copper Surges Past $14,000 on Supply Tightness and AI Demand
Copper prices on the LME surged past $14,000 a ton, approaching January's record, driven by supply concerns and AI/data center demand.
ASX 200 Dips on Bank Weakness, Budget Jitters; Miners Rally on Copper Surge
The S&P/ASX 200 fell 0.36% on Tuesday, dragged lower by banks and tech stocks ahead of the federal budget. Miners rallied as copper hit a record high, with BHP gaining 2.5%.
ASX 200 Suffers Sharpest Fall in Seven Weeks on Oil Surge, Geopolitical Tensions
The S&P/ASX 200 fell 1.51% to 8,744.40, its steepest drop in seven weeks, as renewed U.S.-Iran fighting sent oil above $100 a barrel and erased nearly A$50 billion from the market.
ASX 200 Rallies on Mining Surge, Energy Stocks Slide
The ASX 200 closed up 0.96% at 8,878.1, driven by miners and gold stocks, while energy shares fell sharply on oil price declines and new LNG export regulations.
ASX 200 Surges 1.3% as Banks and Miners Rally Following RBA Rate Hike
Australian shares jumped 1.3% to 8,793.60, their highest close since early April, driven by gains in banks and miners after the RBA rate hike.
ASX 200 Extends Losing Streak as Inflation and Oil Shock Weigh on Sentiment
Australian shares slipped for an eighth consecutive day, with the ASX 200 closing 0.24% lower, as inflation data and a profit warning from Woolworths dragged on the market.
ASX 200 Extends Losing Streak as Inflation Surprises
The ASX 200 fell 0.27% to 8,687, its seventh consecutive decline, after inflation accelerated to 4.6% in March, raising the odds of an RBA rate hike.
ASX 200 Falls for Sixth Day as Oil Rally Stokes RBA Rate Jitters
The ASX 200 fell for a sixth consecutive session, closing at 8,710.7, as surging oil prices heightened inflation fears ahead of key CPI data.
ASX 200 Stretches Losing Streak to Five Sessions as Energy and Bank Stocks Weigh
The S&P/ASX 200 declined for a fifth consecutive session, losing 20.1 points to 8,766.40, as energy, utility, and bank stocks dragged. Origin Energy plunged 5.25%, while Atlas Arteria jumped on a takeover offer.
Oil Retreats on Potential Iran Talks, Yet Supply Shock Risks Loom
Oil prices declined Tuesday on hopes for renewed U.S.-Iran dialogue, but a historic supply disruption and bank forecasts suggest sustained market tightness and volatility ahead.
ASX 200 Posts Weekly Gain Despite Friday Dip, Middle East Tensions Linger
Australian shares closed lower on Friday, trimming a robust weekly advance of 4.4%—the benchmark's best week since late 2022. Market sentiment remains cautious amid Middle East supply risks.
ASX 200 Edges Higher on Bank Strength, Tech Sell-Off Weighs
Australian shares closed slightly higher on Thursday, with gains in major banks offsetting a sharp decline in the technology sector. The benchmark index reached its highest level in five weeks.