Westango

    • WestangoWestango
      ·06-03
      Chips

      The Global Chip Battle, in Charts

      Money pouring into the semiconductor industry is set to supercharge the sector—and reshape its landscape in the process.Governments have stepped up efforts to bolster their domestic productions of the
      The Global Chip Battle, in Charts
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    • WestangoWestango
      ·03-07
      Alb new 

      ALBEMARLE ANNOUNCES UPSIZE AND PRICING OF PUBLIC OFFERING OF DEPOSITARY SHARES

      CHARLOTTE, N.C., March 6, 2024 /PRNewswire/ -- Albemarle Corporation , a global leader in providing essential elements for mobility, energy, connectivity, and health, announced that it has priced its previously announced offering of 40,000,000 depositary shares , each representing a 1/20th interest in a share of Series A Mandatory Convertible Preferred Stock of the Company , at a public offering price of $50 per share, in an underwritten registered public offering. In addition, Albemarle granted the underwriters in the Offering a 30-day option to purchase up to an additional 6,000,000 Depositary Shares, at the public offering price per share, less an underwriting discount. This reflects an upsizing of the previously announced offering of $1.75 billion of Depositary Shares to $2.0 billion of Depositary Shares and the previously announced option to purchase up to an additional $262.5 million to $300.0 million granted to the underwriters. The Offering is expected to close on or about Ma
      ALBEMARLE ANNOUNCES UPSIZE AND PRICING OF PUBLIC OFFERING OF DEPOSITARY SHARES
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    • WestangoWestango
      ·03-07
      Good reading

      Why is sentiment improving in lithium majors?

      One of the earliest uses of lithium was medical. It was used as an anti-depressant. Nowadays, the tables are turned and far and away the largest use is batteries. As shown below, batteries gained tremendously over other uses of lithium around 2012, and especially since 2016.The latest US Geological Survey data shows that batteries continue to gain over other uses of lithium.Significantly, Australia retains the largest market share as a source of lithium, through our very large hard rock spodumene resources. The Australian market share of global lithium produced in 2023 was 46.8%, down a little from the peak in 2018, but still robust.Australia retains the largest global market share as a source of lithium albeit declining since 2018.While the lithium price remains volatile, it is clear from aggregate global production data that the demand is on a steep trajectory, especially with the growth in battery gigafactories.Global volume growth in lithium production has remained very strong sinc
      Why is sentiment improving in lithium majors?
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    • WestangoWestango
      ·2023-12-29
      2023 report card
      158Comment
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    • WestangoWestango
      ·2023-12-28
      Tesla FSD

      Tesla Makes Money Selling Electric Vehicles, But 67% of Its Earnings Might Soon Come From This Instead

      Cathie Wood's Ark Investment Management anticipates a significant change to Tesla's business model by 2027.
      Tesla Makes Money Selling Electric Vehicles, But 67% of Its Earnings Might Soon Come From This Instead
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    • WestangoWestango
      ·2023-12-12
      Microsoft
      Sorry, this post has been deleted
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    • WestangoWestango
      ·2023-12-12
      AI meta

      Meta Platforms: Meta Is At A Turning Point

      Meta Platforms, Inc.'s return on invested capital declined in 2022 but is on the rise again.Meta's valuation is relatively low compared to its peers, offering better upside potential.However, they appear to be at a turning point, as the consensus on Meta has changed.Justin Sullivan The Meta Investment Thesis Data by YCharts Meta Platforms, Inc. was one of the best investments in 2023, almost tripling its share price from its lows in January. Driven by cost savings and multiple expansions, shareholders who believed in Meta even after the big selloff in 2022 were rewarded handsomely this year. On the other hand, there were many investors who panicked and sold last year because they were influenced by the very negative news about Meta and its future prospects. Now the media coverage has changed and Meta is again an investment that most people love, and this is a turning point in my opinion. Has Meta's outlook changed that much, or are people just understanding that CEO Mark Zuckerberg is
      Meta Platforms: Meta Is At A Turning Point
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    • WestangoWestango
      ·2023-12-12
      AI

      Cathie Wood's Ark Invest Is All In on These 2 AI Stocks

      Wood's firm has held shares of these two companies across all of its active ETFs.
      Cathie Wood's Ark Invest Is All In on These 2 AI Stocks
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    • WestangoWestango
      ·2023-12-11
      Baba

      Alibaba: At $72 Per Share Makes No Sense

      Alibaba's stock price has significantly declined, making it an attractive investment opportunity.The company's fundamentals remain strong, with solid revenue growth and positive free cash flow.The Chinese stock market has already discounted the worst-case scenarios, making Alibaba undervalued and potentially poised for a rebound. Wang He/Getty Images News Would you ever buy a company with these characteristics?
      Alibaba: At $72 Per Share Makes No Sense
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    • WestangoWestango
      ·2023-11-17
       lithium story toyota

      Electric-Vehicle Batteries Aren't Like Oil. This Toyota Deal Explains Why.

      When more electric vehicles are sold, more EV batteries will need to be recycled. Courtesy Redwood Materials Technology transitions always raise new questions while investor
      Electric-Vehicle Batteries Aren't Like Oil. This Toyota Deal Explains Why.
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