The Daily Update: 15 February

June 19, 2024

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


South Africa

Jubilee Metals Group PLC

  • The companys Inyoni Facility delivered 18 208 PGM ounces for the six-months to December 2022.
  • Chrome production was 634 111 tonnes and is expected to exceed guidance for the year.
  • Operational cost net of chrome credits remained tightly under control at US$ 516 per PGM ounce.
  • Zambia Copper production was down 10% on the previous six months to 1 149 tonnes.
  • Jubilee is investing a further US$2.5 million in its Zambian operations.
  • The Companys new refined Zambia strategy will allow the Zambian operations to maximise the use of available and renewed infrastructure.

Gold Fields Limited- Trading statement for FY 2022

  • Basic EPS is expected to be between 77 and 83 U.S. cents per share, representing a decrease of between 7% and 13%.

AngloGold Ashanti Limited- Trading statement

  • EPS is expected to be between 67 US cents and 75 US cents, representing a decrease of between 49% to 55%.


The U.S.

Berkshire Hathaway

  • Warren Buffett and Berkshire received a $210.6 Million dividend check from Apple in Q4.


  • Microsoft laid off 150 sales specialists whose job was to convince businesses to buy cloud services.
  • The team was formed two years ago with a $200 million budget.

Elon Musk

  • Elon Musk gifted 11.6M shares of Tesla stock to a charity between August 12th to December 27th 2022.

AirBNB Earnings

  • EPS of $0.48.
  • Revenue of $1.9B beating expectations of $1.86B.

Roblox Earnings

  • EPS of -$0.48 beating expectations of -$0.52.
  • Net Bookings of $899.4M beating expectations of $888.1M.
  • A total of 49.3 Billion hours were spent playing Roblox in 2022.
  • Average Daily Active Users of 65M up 19% YoY.
  • Hours engaged of 5B up 19% YoY.
  • Estimated Revenue between $213M-$216M up between 22%-24% YoY.

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