Brazil's Lula Says Open to US Trade Talks If Treated as an Equal
'We want to negotiate. We want to negotiate on equal terms,' Lula said Sunday at an event for his leftist Workers' Party in Brasilia. 'We will support our companies, defend our workers, and say, 'Look, when you're ready to negotiate, our proposals are on the table.''
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Why TMC The Metals Company Stock Plummeted Last Week
Key Points The Trump administration lifted export restrictions preventing key technologies from being sold to China last week. The export restrictions were suspended in order to help advance trade negotiations between the U.S. and China. Investors are wondering if gaining access to Chinese minerals through a trade deal will mean less need for TMC's seabed mining capabilities. 10 stocks we like better than TMC The Metals Company › TMC The Metals Company (NASDAQ: TMC) stock suffered a big pullback last week in conjunction with geopolitical developments. The seabed-mining specialist's share price fell 24.8% across the stretch. TMC stock got hit with big sell-offs last week in response to news that the U.S. had lifted technology export restrictions preventing high-performance semiconductors and chip manufacturing equipment from being sold to China. While developments that could help facilitate a trade agreement between the U.S. and China have often been bullish catalysts for the broader market, TMC's outlook could actually be better if relations between the two countries remain more adversarial. TMC stock sank on China export news News hit on July 28 that the Trump administration had lifted license requirements that prevented artificial intelligence (AI) processors and semiconductor manufacturing equipment from being sold to China. The move came as part of an effort to advance negotiations for a trade agreement with China. Notably, the U.S. is making continued access to China's rare earth minerals a key pillar of what it's aiming to receive in a trade deal -- and the dynamic has substantial implications for TMC stock. Despite the big pullback, TMC stock is still up 424% across 2025's trading -- and the importance that the Trump administration has placed on improving the United States' mineral sourcing capabilities has been central to the rally. A trade agreement between the U.S. and China has the potential to weaken the company's growth outlook, but there's still a lot of uncertainty as to how things will play out on that front. What's next for TMC? In April, President Donald Trump signed an executive order to accelerate permitting processes needed to advance seabed mining in the U.S., and TMC submitted several permit applications just a few days later. While a trade agreement with China could take some of the urgency out of paving the way for TMC and other players in the seabed mining space to scale their operations, there's a good chance that improving domestic mineral sourcing capabilities will continue to be a national priority. Should you invest $1,000 in TMC The Metals Company right now? Before you buy stock in TMC The Metals Company, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and TMC The Metals Company wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why TMC The Metals Company Stock Plummeted Last Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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BP makes its biggest oil and gas discovery in 25 years
BP has hailed its biggest oil and gas discovery in over a quarter of a century as the oil giant renews its focus on fossil fuels. The FTSE 100 group revealed the find after drilling a well off the coast of Brazil, in the Bumerangue oil field, just over 400 kilometres offshore from Rio de Janeiro, spanning more than 300 square kilometres. It said the discovery was its tenth to date in 2025 and estimated to be its largest since the discovery of Shah Deniz gas field in the Caspian Sea in 1999. Gordon Birrell, BP's executive vice president for production and operations said: 'We are excited to announce this significant discovery at Bumerangue, BP's largest in 25 years. 'This is another success in what has been an exceptional year so far for our exploration team, underscoring our commitment to growing our upstream. 'Brazil is an important country for BP and our ambition is to explore the potential of establishing a material and advantaged production hub in the country.' Shares in the group lifted around 1.5% higher in Monday trading after the announcement. It comes ahead of half-year results on Tuesday, which are expected to show a big fall in BP's second quarter earnings. BP – like its rival Shell and other peers – has shifted away from net zero ambitions to focus on extracting more oil and gas, following pressure from some investors to boost its profits. Activist investor Elliott Management has taken a 5% stake in BP and is reportedly also putting pressure on the energy giant to cut costs. BP recently said that quarterly earnings would be weighed down by lower oil and gas prices. But last month it raised its oil and gas production guidance for the second quarter, compared with the previous three months. However, the oil business said lower prices received for its oil production were expected to impact results by up to 800 million dollars (£602 million). Victoria Scholar, head of investment at interactive investor, said cost cutting efforts and shareholder returns will be in sharp focus when BP reports on Tuesday. It is expected to deliver 1.8 billion dollars (£1.4 billion) in underlying replacement cost profits for the second quarter, according to Ms Scholar. This will be higher than the 1.38 billion dollars (£1.04 billion) reported for the first quarter, which was a 49% year-on-year slump due largely to weaker oil prices. But it would mark big drop from the 2.8 billion dollars (£2.1 billion) reported in the second quarter of last year. Ms Scholar said: 'Weaker refining margins and lower volumes have been a mainstay of performance over recent quarters. 'The weakening macroeconomic backdrop and OPEC+'s strategy shift towards boosting production are expected to keep a lid on oil prices and are key headwinds for BP.' She added: 'Oil trading will also be in focus for BP after rival Shell reported a disappointing trading performance in the quarter – it struggled to deal with the speculative market volatility over the period. 'All eyes will be on any changes to cash returns for shareholders after BP lowered its share buyback in April.' Shares in BP are down by nearly 7% over the past year. The stock has also been buffeted by reports that Shell was exploring a possible offer to buy BP, only for the speculation to be quashed in June – with Shell telling investors that no talks had taken place and it had 'no intention' of putting forward a bid.
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3 minutes ago
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Why BigBear.ai Stock Plummeted Last Week
Key Points stock lost ground last week in conjunction with the U.S. making a significant concession to enable trade negotiations with China. Tensions between the U.S. and China have helped power big gains for defense companies including is gearing up to report its second-quarter results, and the stock could see more volatility in the near term. 10 stocks we like better than › (NYSE: BBAI) stock saw substantial sell-offs last week. The company's share price fell 13.4% in a stretch that saw the the S&P 500 decline 2.4% and the Nasdaq Composite decline 2.2%. While there wasn't any major business-specific news that pushed the stock lower, the company's valuation retreated in response to the U.S. lifting restrictions on technology exports to China. Despite its recent pullback, has seen strong valuation gains as investors have sought artificial intelligence (AI) companies with exposure to the defense industry as potentially explosive growth plays. The stock is still up 90.5% over the last three months of trading. stock slipped in response to China news has seen big valuation gains in conjunction with the defense-AI investing trend, but the stock saw a significant pullback last week on indications that relations between the U.S. and China may be improving. In order to help facilitate trade negotiations with China, the Trump administration paused export restrictions that prevented advanced AI processors and chip manufacturing equipment from being sold into the country. While the lifting of the export licensing requirements likely has minimal direct impact on business, some investors interpreted the development as a negative catalyst for defense software plays. What's next for will publish its second-quarter results and host an investor conference call after the market closes on Aug. 11. While the company didn't provide guidance for Q2 with its last update, it did issue guidance for full-year revenue to be between $160 million and $180 million -- suggesting annual growth of approximately 7.5%. On the heels of its valuation gains over the last few months, investors may be looking for significant performance beats or new contract or partnership announcements with the company's upcoming quarterly report. Should you invest $1,000 in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Stock Plummeted Last Week was originally published by The Motley Fool Sign in to access your portfolio
