Nuvau Minerals Inc.: Nuvau Intersects 17.37 g/t over 2.40 m, Extending Gold Mineralization 50 Metres from High-Grade Thundermine Intercept

Chinese AI models attract users with lower prices and open models, but generate far less revenue than U.S. rivals. OpenAI and Anthropic's combined ARR is ~$105B, while China's top models total ~$10.5B. DeepSeek, Moonshot, and Z.ai are preparing for IPOs. U.S. restrictions limit China's access to advanced AI hardware.

JPMorgan identified seven top gold mining stocks, citing attractive valuations and strong cash positions. AngloGold, Fresnillo, Barrick, Aura, Genesis, Capricorn, and Zijin Gold were highlighted. AngloGold missed Q2 2026 earnings, while Fresnillo beat H1 2026 estimates. JPMorgan rates 16 stocks as overweight and six as neutral in the sector.

J.M. Smucker (SJM) launched a new functional coffee line under its Folgers brand, targeting health-conscious consumers. The move aims to capitalize on growing demand for functional beverages. Investors are assessing whether this can shift SJM's revenue trajectory amid recent challenges. Analysts will monitor early sales data and earnings calls for insights on performance.

JP Morgan sees Greek banks entering a growth phase, forecasting 12% EPS CAGR for 2025-2028. It prefers Eurobank and Piraeus Bank, estimating 30% and 28% upside, respectively. Greek banks trade at a 10% discount to peers despite higher earnings growth. JP Morgan raised earnings estimates for 2026-2028, citing higher net interest income and fee revenues.

U.S.-listed gold miners rose in premarket trading as bullion prices rebounded 1.4% to $4,324.39/oz. Newmont and Barrick Gold each gained 1.2%, while Harmony Gold and Gold Fields rose 3.7% and 2.3%. The dollar softened, and oil prices retreated, supporting gold's rebound after the Fed's rate hike and hawkish stance.

Equinor aims to increase its LNG supply to 10-15 million metric tons annually by the early 2030s, targeting demand in Europe and Asia. The company expects to announce a new supply agreement with an Asian customer this week. Equinor's current supply is 7 million tons per year, with plans to diversify pricing and explore new sources in the U.S., Canada, South America, and Africa.