Latest News

Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’

0

Motley Fool

Why Lithium Americas Stock Crashed Today

Despite being not yet operational, and having no revenue to its name (much less profits), Lithium Americas stock has had a terrific run as investors bid up lithium assets in anticipation of booming demand for the metal, which is used to make the batteries that power electric vehicles. With lithium currently priced at $60,000 a ton, Goldman sees that slipping 10% to $54,000 later this year — a pothole that precedes a bigger fall off a cliff. By next year, the banker believes, lithium prices will average just $16,000, a staggering 73% decline from present-day prices.

Crypto: Bitcoin and ethereum: Here’s how values for crypto changed in May 2022

Previous article

Commodities Corner: Will OPEC+ fill the gap as Russian oil output falls? Don’t count on it.

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News