Today: 11 June 2026
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NYSE:SQM 1 October 2025 - 12 January 2026

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices in China jumped to a two-year high after Beijing cut export VAT rebates on batteries, sending the main futures contract up 9% to 156,060 yuan per ton. SQM rose 0.5% in U.S. premarket trading, while Albemarle gained and Lithium Americas fell. Chinese battery makers dropped, but upstream lithium producers advanced. SQM finalized a framework deal with Codelco, pending a Supreme Court ruling.
Sociedad Química y Minera (SQM) Soars as Lithium Rebounds and Codelco JV Gets Final Green Light

Sociedad Química y Minera (SQM) Soars as Lithium Rebounds and Codelco JV Gets Final Green Light

SQM shares surged about 12% Monday in New York, hitting a 52-week high near $61 after China approved its lithium joint venture with Codelco. Major funds including Itaú Unibanco and KBC Group disclosed new or larger stakes. Lithium prices rose on signs of stronger Chinese demand. Investors await SQM’s Q3 2025 earnings report due Tuesday.
Lithium Americas Stock Skyrockets on U.S. Stake Rumor – EV Boom, Lithium Prices & 2025 Outlook

US Government Takes 5% Stake in Lithium Americas – LAC Stock Soars

The U.S. Department of Energy will take a 5% equity stake in Lithium Americas and a separate 5% stake in its Thacker Pass lithium mine joint venture with GM, Energy Secretary Chris Wright confirmed. Lithium Americas shares jumped nearly 90% on initial reports of the deal. The DOE stake coincides with talks to renegotiate a $2.26 billion government loan for the Nevada project. Thacker Pass could boost U.S. lithium output by 40,000 tonnes per year.

Stock Market Today

  • Cerebras Systems Shares Rise 4.64% on Morgan Stanley Buy Rating
    June 10, 2026, 10:46 PM EDT. Cerebras Systems Inc. (NASDAQ:CBRS) gained 4.64% to close at $237.33 after Morgan Stanley issued a buy rating and set a $250 price target, signaling a 5% upside. The investment bank highlighted Cerebras as a standout in AI infrastructure, with a unique position in low-latency inference hardware-a growing market segment. The company, listed on May 14 at $185, has already surged 28%. Morgan Stanley cited a strong contracted backlog of 750 MW capacity agreements supporting future growth. Despite CBRS's momentum, some investors may find other AI stocks more attractive due to greater upside or lower risk profiles.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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