ASX:MIN.AX

Mineral Resources (ASX:MIN) share price drops 6% despite lithium guidance upgrade

Mineral Resources Ltd shares fell 6.3% to A$57.15 Friday after reporting a 29% jump in spodumene prices and raising lithium output forecasts. The S&P/ASX 200 dropped 0.65%, with lithium stocks hit hard as prices slid 11% in Asia. Net debt fell to about A$4.9 billion, and cash liquidity topped A$1.4 billion. Broker ratings diverged, with Macquarie upgrading to outperform and Jarden warning on costs.

31 January 2026

ASX:MIN.AX·Lithium·Mining Industry·Stock Market

Mineral Resources share price tumbles 6% as MinRes lifts lithium guidance but flags write-down risk

Shares of Mineral Resources fell 6.3% to A$57.15 after its quarterly update, despite higher FY26 lithium guidance and a drop in net debt to A$4.9 billion. The company reported a 29% rise in spodumene prices and confirmed a US$765 million POSCO deal. Investors await half-year results on February 20 and updates on the Bald Hill restart.

30 January 2026

ASX:MIN.AX·Stock Market

Mineral Resources share price slid Friday — what to watch before ASX trade resumes

Mineral Resources shares fell 2.4% to A$59.78 Friday, closing a volatile week as iron ore and lithium prices slipped. Iron ore futures in Dalian ended at 812 yuan a tonne, down 4 yuan. Investors await Mineral Resources’ December-quarter results on Jan. 29. The company reported progress on safety upgrades at its Onslow Iron supply chain.

17 January 2026

ASX News·ASX:MIN.AX·Stock Market

Cleveland-Cliffs (CLF) Shares Show Volatile Swings Amid Valuation Debate
April 30, 2026, 10:01 PM EDT. Cleveland-Cliffs (CLF) stock surged 12% over the past week and nearly 21% in a month, yet it posted a 25.87% decline over 90 days amid mixed long-term returns. Trading around $10.20, the steel and iron ore miner remains about 22% undervalued against a $13.08 fair value estimate from Simply Wall St's model, which factors in cost cuts and tariff impacts. The company reported $18.9 billion in revenue but a $1.2 billion loss, raising questions over its earnings outlook amid industry and regulatory uncertainties such as potential tariff changes. Investors weighing CLF's prospects must consider its cost-saving initiatives and potential risks from decarbonization pressures on its blast furnace operations. The stock's valuation hinges on assumptions around margin improvements and future earnings multiples, with a 12.33% discount rate applied in the current model.

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026

Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026

Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.

Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

30 April 2026

Nvidia shares dropped 4.6% to $199.57 Thursday as investors reacted to Alphabet and Amazon expanding sales of their own AI chips. Alphabet reported Google Cloud revenue up 63% and began selling TPU chips directly to customers. AMD and Broadcom shares rose 5.1% and 3.0%, respectively. Amazon said its Trainium chip line secured $225 billion in revenue commitments.

ASX:MIN.AX 17 January 2026 - 31 January 2026