ArcelorMittal

The ArcelorMittal share reached a 52-week high of 75.7 USD and is currently trading at 75.72 USD, corresponding to a market capitalization of 56.74 billion USD. Over the past 12 months the stock rose by around 130% (InvestingPro: 123%) and is up 62.5% year-to-date. Despite strong price momentum, the company missed Wall Street estimates in Q2 2026 on earnings (adjusted 0.90 USD vs. expected 1.18 USD) and revenue (16.76 billion USD vs. 16.99 billion USD), but signaled a stronger outlook; InvestingPro classifies the stock as relatively overvalued and notes a beta of 1.75. » More on de.investing.com

Morgan Stanley estimates that halving the Section 232 tariffs on Canadian steel and aluminium could bring ArcelorMittal annual pre‑tax relief of about $300–350 million, roughly 3% of consensus EBITDA for 2027. The gain would mainly come from saved export costs on about 2 million tonnes of Dofasco flat steel to the US. Morgan Stanley warns, however, that lower US steel prices could offset part of the benefit. » More on de.investing.com

ArcelorMittal is broadening its Microsoft-based "Cloud First, Data Centric" strategy by adopting Microsoft Fabric, Purview and Foundry on Azure to modernize legacy IT, strengthen cybersecurity and embed data and AI across its global operations. Financial terms were not disclosed, making the scale of investment and expected returns unclear. The move aims to improve operational resilience and long-term efficiency, but near-term impact may be limited given steel's cyclical nature and indirect payoff from IT modernization. » More on finance.yahoo.com