Key Points: Li Liangbin believes that lithium demand will continue to grow due to the global energy transition despite recent price fluctuations. China has implemented measures to stabilize lithium prices, including futures trading platforms and long-term contracts. Ganfeng Lithium maintains...
Key Points: OpenAI CEO Sam Altman will return to the board alongside three new directors following an investigation into his November dismissal. The prior board's decision to dismiss Altman was attributed to a breakdown in trust rather than concerns about finances or product safety. OpenAI has implemented new governance rules, including whistleblower protections and a...
Key Points: The mixed labor market report shows higher-than-expected job creation but an unexpected rise in the unemployment rate. Costco stock drops 7.64% after reporting revenue below expectations for Q2, while Gap shares surge 8.23% following a strong Q4 performance. Chip stocks, including Broadcom and Marvell, face pressure despite positive earnings, while Nvidia experiences speculation...
Key Points: U.S. President Biden signals support for legislation compelling ByteDance to divest TikTok within six months. Former President Trump expresses objections to a TikTok ban, citing potential benefits to competitors like Facebook. The Justice Department favors a divestiture bill over a blanket ban, citing legal considerations. TikTok contends that the legislation infringes on Americans'...
