To The Moon

I retain my Hold rating for Ganfeng Lithium after considering the increase in the company's net debt-to-equity ratio and its efforts to optimize upstream capacity mix.Elevated interest costs resulting from higher financial leverage will likely hurt GNENF's bottom line performance in the near term.Ganfeng Lithium's investments in low-cost upstream projects in Argentina and Mali are expected to improve the company's long-term profitability due to expectations of a favorable change in upstream capacity mix. simonkrI continue to award a Hold investment rating to Ganfeng Lithium Group Co., Ltd.'s shares. GNENF's efforts to optimize its upstream lithium resources capacity mix should translate into an improvement in profitability in the long

China Oct. Caixin Manufacturing PMI 50.3 (Est. 49.7, Prior 49.3)

By Jonathan Stempel July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could caus

Ganfeng Lithium Group will ask for shareholder approval for its proposed financial derivatives trading to mitigate risks from its global expansion, according to company filing on Tuesday with the Shenzhen bourse.The lithium company aims to trade options and forward contracts, with the daily maximum outstanding contract volume capped at 8 billion yuan, the company said.Margin deposits will also be tapped at the same volume, according to the filing.Ganfeng shares rose 1% in Hong Kong during Wednesday morning trading.Price : $17.68, Change: $+0.20, Percent Change: +1.14%

Hong Kong stocks weakened after a private report showed China’s manufacturing activity unexpectedly contracted in July, reigniting growth concerns. The Federal Reserve’s dovish outlook, after leaving

First Solar (NASDAQ:FSLR) soars to the top of Wednesday's S&P 500 leaderboard, +16.8% to its highest in nearly 16 years, on news that China's main solar industry body called for an end to a profit-sla

Unity Software press release : Q1 GAAP EPS of -$0.75 misses by $0.08. Revenue of $460.38M beats by $26.86M. Revenue in our strategic portfolio was $426 million, up 2% year-over-year. This compares to guidance of $415 to $420 million in revenue for our strategic portfolio. Adjusted EBITDA for the quarter was $79 million compared to our Adjusted EBITDA of $29 million in the same quarter last year, an improvement of $50 million year-over-year, enabled by the portfolio and cost actions that we executed. Q2 Outlook: For the second quarter, we are guiding strategic revenue to $420 to $425 vs. consensus of $443.22M, down -6% to -7% year-over-year. We are guiding Adjusted EBITDA to $75 to $80 million for the total company. 2024 Outlook: For the full year, we are confirming our strategic revenue guidance of $1,760 to $1,800 million vs. consensus of $1.81B, which would represent an increase of 2% to 4% year-over-year and $400 to $425 million in Adjusted EBITDA for the total company. We exp

The sudden closure of several video-game studios at Microsoft Corp.’s Xbox division was the result of a widespread cost-cutting initiative that still isn’t finished.This week, Xbox began offering volu