$STLD

Steel Dynamics said it will change leadership effective Jan. 1, 2027. According to the company’s press release, Theresa Wagler will become President and CEO, succeeding Mark Millett, who will move to Executive Chairman after retiring as CEO. Wagler has been with Steel Dynamics for nearly three decades, including roles such as EVP and CFO since 2007.

A roundup of US-listed miners says rising metals prices supported Southern Copper (SCCO) and Newmont (NEM), while Freeport-McMoRan (FCX) faced Grasberg disruption. SCCO reported net income up 28% to $4.33B and sales up 17% to $13.4B, with Tía María about one-third complete. NEM reported 2025 net income $7.1B and free cash flow $7.3B. FCX revenue rose 1.8% to $25.9B but cut 2026 guidance after slower Grasberg recovery.

STEEL DYNAMICS INC (STLD) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. false 0001022671 0001022671 2026-08-03 2026-08-03 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report

Steel Dynamics, Inc. (STLD) said it will appoint Theresa E. Wagler as President and Chief Executive Officer effective Jan. 1, 2027. The company also named Mark D. Millett as Executive Chairman. The leadership changes are intended to position the firm for long-term growth, according to Steel Dynamics.

Wall Street analyst calls covered Ford (F) upgraded to Buy at Citigroup with a $20 target, Caterpillar (CAT) cut to Neutral at Baird with a $900 target, and Reddit (RDDT) initiated as Overweight at KeyBanc with a $225 target. Other moves included Bloom Energy (BE) Buy at $290 and Texas Instruments (TXN) Buy at $405. Market context cited a Dow gain and lower oil.

TipRanks highlights analyst activity on PG, SFM, EDU, STLD and BAX. HSBC cut PG to Hold, trimming its $149 target, citing flat organic sales and weaker momentum. J.P. Morgan upgraded SFM to Buy, $103 target. Macquarie raised EDU to Hold, $56.50. Nick Cash initiated STLD Buy, $300 target. Citi upgraded BAX to Hold, $28 target, citing Q2 sales of $2.96B.

BofA upgraded Humana (HUM) to Buy from Neutral with a price target of $500, up from $410. Humana has indicated that its Medicare Advantage margins in 2026 excluding the impact of stars is nearly 2%, the firm noted, adding that moving to 3% would add $10 to EPS. Citi upgraded Ford (F) to Buy from Neutral with a price target of $20, up from $19. Only three of the 18 analysts that cover Ford have a Buy rating but the company's momentum is turning, the firm tells investors in a research note.

A roundup of Wall Street analyst actions includes UBS upgrading Weatherford (WFRD) to Buy with a $114 target, KeyBanc initiating Reddit (RDDT) at Overweight with a $225 target, and Mizuho upgrading Lineage (LINE) to Outperform with a $47 target. Citi cut Disney’s target to $135 ahead of earnings, while Evercore reiterated Apple (AAPL) Outperform. Wells Fargo raised Snowflake (SNOW) to $500. Truist reiterated Nvidia (NVDA), AMD (AMD), and Broadcom (AVGO) as buys.

Steel Dynamics reported Q2 2026 net income of $534 million on $6.1 billion revenue, with record 3.7 million tons shipped. Steel operations operating income rose 30% QoQ to $721 million on higher realized prices. The company urged the US Trade Representative to make Section 301 remedies additive to existing 50% Section 232 steel tariffs. Aluminum losses narrowed to $33 million.

U.S. stock futures rose Tuesday, led by a tech rally. Invesco PHLX Semiconductor ETF (SOXQ) gained 4.27% premarket, with Nvidia (NVDA), Micron (MU), and Broadcom (AVGO) higher. SPY was up 0.56% to $746.28 and QQQ up 1.38% to $705.68. Company news: CBRL sale-leaseback netted about $77M; STLD missed EPS; NBIS jumped on Nvidia stake filing; ACHR unveiled Thunder; IREN signed $2.8B cloud contracts and raised AI run-rate target to $4B.