To The Moon

Full story: https://grafa.com/news/financial-asb-bank-profit-slips-1--as-lending--kiwisaver-funds-surge-495815 ASB Bank, a unit of Commonwealth Bank of Australia (ASX:CBA), has posted a cash net profit after tax of $1.35 billion for the year ended June 30, down 1% on last year. Statutory NPAT fell 0.4% to NZ$1.45 billion. Home lending rose 7%, business an

Full story: https://grafa.com/news/energy-eaton-breezes-past-q2-expectations--posts-strong-profit-490409 Eaton Corp. (NYSE:ETN), the global power management company, announced a robust second quarter, reporting a net income of $982 million. The results not only showcased the company's strong performance but also topped Wall Street's predictions, signaling a positive outloo

Full story: https://grafa.com/news/cryptocurrencies-ethena-warns-users-after-domain-hack-and-front-end-exploit-276226 On September 18, Ethena Labs issued a warning to users after its website suffered a front-end attack caused by a compromised domain registrar account.  Ethena Labs urged users to avoid interacting with any site or application claiming to be associated with Ethena (CRYPTO:ENA) until the issue is resolved.  The website has been deactivated to prevent further exploitation.  Ethena Labs rea

Full story: https://grafa.com/news/cryptocurrencies-jpmorgan-ceo-warns-of-stagflation-and-recession-risk-in-us-economy-275098 JPMorgan Chase CEO Jamie Dimon has issued a warning about the potential for stagflation, despite some signs that inflation might be easing.  Speaking at the Council of Institutional Investors' fall conference in Brooklyn, New York, Dimon emphasised that the U.S. economy still faces significant challenges.  He pointed to rising government deficits and increased spending as factors that could continue to fuel infla

Full story: https://grafa.com/news/cryptocurrencies-analyst-predicts-bitcoin-could-reach-new-highs-273885 Cryptocurrency analyst Kevin Svenson has expressed optimism about Bitcoin (CRYPTO:BTC) as it trades at more than 20% below its previous all-time high set in March.  In a recent video shared with his 79,200 YouTube subscribers, Svenson stated that Bitcoin is "likely just a couple of months away from a new all-time high." Svenson notes that the correction Bitcoin is currently undergoing is a common feature of all market cycles.  He explained, “People may

Full story: https://grafa.com/news/technology-cleanspark-buys-seven-bitcoin-mining-facilities-273606 CleanSpark (NASDAQ:CLSK), known as America's Bitcoin Miner®, has announced a strategic expansion through the acquisition of seven bitcoin mining facilities and related land in the Knoxville area, for a total investment of $27.5 million, equating to approximately $324,000 per megawatt. This significant acquisition underscores the Company's commitment to enhancing its infrastructure and capitalizing on market-leading valuations. The deal, set to be finalized by September 25

Full story: https://grafa.com/news/mining-sun-silver-unveils-antimony-findings-at-maverick-springs-project-272763 Sun Silver (ASX:SS1) announced pXRF analysis results revealing high-grade antimony from a historic drill core in its 100% owned Maverick Springs Project, Nevada, USA. Multiple drilling holes showed significant antimony mineralisation, warranting further exploration to determine full deposit potential. Sun Silver reported anomalous Sb results over 1.3km apart within five historical drill holes. Notably, pXRF readings from hole MR124 indicated high

Full story: https://grafa.com/news/auto-and-cars-tesla-rises-on-record-china-sales-in-august-2024-272430 Tesla's shares (NASDAQ:TSLA) climbed 2.3% to $215.62 in premarket trading, buoyed by positive news from its key market in China. New energy vehicle sales in China surged 43.2%, accounting for a record 53.5% of total car sales. While BYD set a sales record, Tesla recorded its best month of the year, exporting 23,241 China-made vehicles in August. In another boost to Tesla, its supplier, Panasonic Energy, has completed preparations for mass-production of high-capaci

Full story: https://grafa.com/insights/mining-can-australia-s-lithium-industry-survive--271692 Australia produces lithium primarily from hard rock mining of spodumene deposits, not from lithium brine sources.  But there is a big problem emerging, in that lithium brine production is more cost effective and more environmentally friendly than spodumene mining. Spodumene mining, a traditional method that involves extracting lithium from hard rock, often requires extensive land disruption, heavy machinery, and the generation of significant amounts of waste.  Brine extract

Full story: https://grafa.com/news/united-states-saic--nyse-saic--sees-2--revenue-boost-in-q2-fiscal-2025-271188 Science Applications International Corporation (NYSE:SAIC) has disclosed its financial outcomes for the second quarter of fiscal year 2025, demonstrating steady growth amidst challenging market conditions. The defense contractor reported revenues of $1.82 billion, marking a 2% increase in organic growth. The company's net income was recorded at $81 million, with an adjusted EBITDA of $170 million, representing 9.4% of total revenues. Additionally,