Tag: ALB

Finance

Tesla may get into the lithium-mining business, and these stocks are cratering

02/22/2023
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Tesla Inc. TSLA, -5.25% reportedly is on the prowl for its own lithium-mining company, and losses are piling up for the stocks of lithium producers. Shares of Albemarle Corp. ALB, -6.22% were down mor...

Finance

Lithium Stocks Crashed. Now We Know Why. What It Means for Tesla, EV Stocks.

02/21/2023
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Lithium stocks cratered on Friday. The reason was a mystery. Now investors have an answer—it was down to the world’s largest electric-vehicle battery maker, Contemporary Amperex Technology , or CATL, ...

Finance

2023 Value Stock Picks – EV’s Accelerating… But Oil & Gas Not Going The Way Of The Dinosaur

02/11/2023
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Mary Barra, GM Chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric-sedan in … [+] Los Angeles, California on October 17, 2022. (Photo by Frederic J. BROWN / AFP) (Photo ...

Finance

Piedmont Lithium Stock Is Soaring After Amended Tesla Deal

01/03/2023
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Lithium-mining start up Piedmont Lithium and electric-vehicle giant Tesla have amended a deal that will give Tesla greater domestic supply of the metal that goes into EV batteries. Tuesday, Piedmont (...

Finance

Profit From the Lithium Boom With These Stocks

12/02/2022
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The rise of electric vehicles has had a profound impact on a number of industries. The switch from internal combustion to EVs means that demand for oil and gas will decline over time, as will demand f...

Finance

Albemarle Earnings Outlook Rockets, But ALB Stock Reverses Lower

08/06/2022
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Albemarle (ALB) handily beat Q2 earnings estimates after Wednesday’s close, then massively raised its full-year outlook. ALB stock jumped at the open on Thursday, then reversed lower, despite th...

Finance

Tesla Needs Lithium. Elon Musk Suggests It Could Get Into Mining Business.

04/10/2022
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Tesla CEO Elon Musk has suggested that the electric vehicle maker might get into the mining business. Patrick Pleul/POOL/AFP via Getty Images Text size Tesla CEO Elon Musk lamented the rising cost of ...

Finance

Stagflation Is Worrying Forecasters. What Investors Should Do.

03/12/2022
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Text size Trucks carry potassium chloride at an Albemarle lithium mine in Chile. Cristobal Olivares/Bloomberg Get ready for stagflation light. Headlines about stagflation are everywhere, and the “flat...

Finance

Albemarle Stock Tanks on Earnings. But Lithium Prices Are Going Up.

02/19/2022
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Text size Albemarle’s results are being hurt by inflation. Cristobal Olivares/Bloomberg Albemarle stock fell, hard, after the lithium miner reported fourth-quarter numbers late Wednesday. Result...