TMC the metals company Inc. (NASDAQ:TMC) saw a 19.38 percent increase in its stock price last week, reaching $6.96 per share. This surge was driven by copper hitting a new record high, with prices peaking at $11,200 per ton on the London Metal Exchange before settling at $11,189 due to supply constraints and a weaker US dollar. Copper, silver, and gold all rallied together as investors anticipated a potential interest rate cut. The Federal Reserve will announce its interest rate decision on December 9 and 10, marking the final meeting of the year. TMC the metals company Inc. (NASDAQ:TMC) reported a significant decline in earnings performance in the third quarter, with its net loss and comprehensive loss widening by 800 percent to $189.39 million. Operating loss also expanded by 177 percent, primarily due to non-cash and non-recurring items. Despite the potential of TMC as an investment, some believe that certain AI stocks offer greater returns and lower risks. For those interested in an inexpensive AI stock with ties to Trump tariffs and onshoring, a free report is available.

Read more at Yahoo Finance: TMC the metals company (TMC) Rockets 19% Higher as Copper Hits Record High