Lana

Coming up, the world's biggest miner made more dough from copper than iron ore for the first time ever.

And the U.S.

dollar fell toward a four-year low, joining fund managers down in the dumps.

We'll also check in with Carl to get his answers to your burning questions.

More on the way, but first, a word from Guy at Finimize HQ.

BHP made a better-than-expected $28 billion in revenue during the second half of last year, 11% more than the same period the year before.

That was all thanks to copper.

Prices for the red metal climbed by nearly a third in that period.

It's a sharp change for a company long anchored to iron ore, and China's demand for it in particular.

Adding to the good news, BHP signed a $4.3 billion deal to sell silver, which it conveniently produces as a byproduct.

That lets the miner cash in on the precious metal's strong price run.

Investors were impressed, sending BHP's Australian shares up 5% to a record high.

Copper demand is taking off, but many older mines are struggling to keep up, and new supply is slow to come online.

That gap between supply and demand has pushed prices sharply higher and made copper one of the market's favorite trades.

But nothing's guaranteed.

If demand slows, or if investors speculate that supply isn't actually as tight as feared, prices could plummet.

So for BHP, doubling down on copper means higher potential profit, but also greater risk, with more of its business tied to a single commodity's price swings.

Copper miners have been burned before, upping production only to be met with painful downturns.

But this boom might be more sustainable.

Today, copper demand is tied to long-term projects like power grids, EVs, renewables, and data centers.