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Barrick Mining Reports Strong Earnings; Google Expands AI Chip Offerings
Nov 9, 2026
AI Summary
Barrick Mining's shares increased after the company reported third-quarter earnings that surpassed analyst expectations, driven by strong gold performance. Meanwhile, Alphabet's stock rose as it announced the launch of new AI chips to enhance its competitive position against Nvidia.
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- Barrick Mining's shares rose in premarket trading following third-quarter earnings that exceeded analyst estimates, with gold performance offsetting weakness in copper. The company plans to proceed with an initial public offering for its Nevada Gold Mines in late 2026 or early 2027.
- Alphabet's shares gained as the company announced the rollout of new AI chips, specifically two variations of its tensor processing units (TPUs), designed to support AI software and strengthen its market position against Nvidia.
- KKR & Co. saw its shares rally after reporting a third-quarter profit that surpassed analysts' expectations, aided by its
googleai chipsstock marketearningsbarrick mining