Highlights of the day: 9 November

June 19, 2024

FinMeUp highlights of the day


South Africa

Gold Fields Limited

  • Gold Fields announces termination of the arrangement agreement with Yamana.
  • Yamana is required to pay Gold Fields a termination fee of US$300 million.

Lesaka Technologies, Inc- First Quarter 2023 Results

  • Revenue grew by 261.7% to $124.8 million compared to the comparable period
  • Operating loss improved by 58% to a loss of $4.7 million.

Northam Platinum Holdings Limited

  • Northam Platinum has made an offer to acquire all or a portion of the remaining Royal Bafokeng shares.
  • Offer consideration to be settled fully in cash or a combination of cash and Northam Holdings shares.
  • The offer consideration represents a 20.3% premium to the 30 trading day volume-weighted average price.


The U.S.

AMC earnings

  • EPS of -$0.20, beating expectations of -$0.25.
  • Revenue of $968.4M beating expectations of $960.97.

Disney earnings

  • EPS of $0.30, missing expectations of $0.51.
  • Revenue of $20.15B, missing expectations of $21.26B.
  • Disney+ subscribers of 164.2M, beating expectations of 162.5M
  • ESPN+ subscribers of 24.3M, beating expectations of 23.9M.


  • Elon Musk has sold 19.5M shares of Tesla for a total value of $3.95B.

Occidental earnings

  • EPS of $2.44, missing expectations of $2.49.
  • Net sales of $9.5B beating expectations of $9.41B.


  • Meta is laying off 11 000 employees.

Tesla & Zoom

  • Tesla and Zoom have announced that they are teaming up to bring video conferencing inside Tesla vehicles.

Roblox Earnings

  • EPS of -$0.50 missing expectations of -$0.33.
  • Revenue of $517.7M missing expectations of $686.27M.
  • Daily Active Users of 58.8M beating 58.7M.
  • Hours engaged of 13.4B
  • Avg Booking Per DAU of $11.94.


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