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The Daily Update: 11 April

April 21, 2024
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FinMeUp
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FinMeUp

The latest updates from the JSE and NYSE over the past 24 hours.

 

South Africa

Alphamin Resources Limited

  • Record quarterly tin production of 3,187 tonnes.
  • Q1 2023 EBITDA guidance of US$41.4m, up 53% from the previous quarter.
  • Tin expansion project expected to increase annual tin production by up to 60% progressing to plan.

Netcare Limited

  • The Company has declared a preference dividend of 426.3 cents per share and will be paid on Monday, 15 May 2023.

 

The U.S.

Berkshire Hathaway

  • Warren Buffett said during an interview Berkshire Hathaway is considering additional investments in Japanese stocks.

Alibaba

  • Alibaba has announced the roll out its rival to ChatGPT called Tongyi Qianwen.
  • "We are at a technological watershed moment driven by generative AI and cloud computing - Daniel Zhang CEO of Alibaba.

Bitcoin

  • Bitcoin is back to over $30K.

Taiwan Semiconductor

  • Taiwan Semiconductor has said today it brought in Revenue of $4.77 Billion during March down 10.9% MoM but up 15.4% YoY.
  • TSMC reported Q1 revenue of ~$16.69B up 3.6% YoY.

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