Michael Burry Buys Ero Copper and QXO Shares
Michael Burry said he bought shares of Ero Copper and QXO, adding new exposure to copper, gold and North American building materials.
Explore MarketSpeaker's latest reporting, research, and expert analysis tagged with "copper", collected in one continuously updated archive.
Michael Burry said he bought shares of Ero Copper and QXO, adding new exposure to copper, gold and North American building materials.
Global copper inventories have climbed to a 23-year high, surpassing 1.02 million tonnes. The rapid buildup signals shifting dynamics in the commodities market.
Global markets surged as bitcoin climbed above $96,000 for the first time since November, while silver and copper hit fresh records amid aggressive short covering and renewed investor risk appetite.
Copper prices surged past $12,000 per metric ton for the first time on record, driven by supply disruptions and trade distortions tied to U.S. tariff policy, marking the metal’s strongest annual performance in over a decade.