On July 22, Freeport-McMoRan rose 3.05% in regular trading, trading at $64.46/share, with turnover of $288 million.

On the news front, a senior Chilean diplomat announced that Chile is planning to invest approximately $100 billion over the next decade in copper mining development to meet surging demand from global data center construction. Chile's foreign minister stated that as global competition in AI data center infrastructure intensifies, copper demand will become increasingly broad-based. Meanwhile, Chile was struck by a Category 5 atmospheric river storm threatening central copper mining regions, compounding an already tight supply situation after Chile's May copper output declined 12.94% year-over-year and Glencore's KCC copper mine in the DRC halted production.

Additionally, the company is set to report Q2 earnings on July 23 before market open, with consensus estimates projecting adjusted EPS of $0.59, representing approximately 30% year-over-year growth, with institutions broadly maintaining bullish outlooks.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)