Latest News for United Lithium Stock (OTC:ULTHF)

United Lithium Corp is engaged in the acquisition and exploration of mineral properties. It holds an interest in the Bergby Lithium Project located in Sweden, the Liberty Lithium Project, Patriot Lithium Project and Freedom Lithium Project located in USA and the Kietyonmaki Lithium Project located in Finland.

UNITED LITHIUM CORP by United Lithium Corp.

United Lithium Corp

Raymond James analyst Patrick Tyler Brown maintains Waste Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) with a Outperform and raises the price target from $219 to $229.

News

Price Target

Analyst Ratings

Raymond James Maintains Outperform on Waste Management, Raises Price Target to $229

WIIM

New Oriental Education & Technology Group

New Oriental Education shares are trading higher amid overall China strength.

TD Cowen analyst Vivien Azer maintains Keurig Dr Pepper (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>) with a Hold and raises the price target from $32 to $35.

TD Cowen Maintains Hold on Keurig Dr Pepper, Raises Price Target to $35

Comfort Systems shares are trading lower as the stock reverses after earlier gaining following Q1 earnings.

Strong earnings reports from Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38434513/us-growth-slows-in-q1-yet-inflation-acceleration-signals-stagflation-the-worst-poss">emerged from Thursday&#8217;s data.</a>
Although the latest PCE inflation report signaled higher-than-expected annual readings, they failed to meaningfully impact on already low expectations <a href="https://www.benzinga.com/general/macro-notification/24/04/38458581/feds-key-inflation-indicator-hits-2-8-dashes-rate-cut-hopes-traders-on-alert">for Fed rate cuts.</a> Rather, investors opted to focus on positive signals stemming from corporate earnings.
The S&amp;P 500 gained over 1%, and is up by 2.8% this week, on track for its best week since late October 2023. The Nasdaq 100 outperformed with a 1.8% increase, pushing the weekly performance to over 4%, also eyeing its best week in seven months.
A significant amount of support for the broader market came from the Magnificent Seven, with the group gaining a combined market cap of $400 billion in a day, more than offsetting losses seen on Thursday. The Roundhill Magnificent Seven ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NYSE">MAGS</a>) rallied 3.5%.
Small caps also saw robust gains, with the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) up 1%. The big underperformer was the energy sector, as its two major oil giants – Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) – failed to impress investors <a href="https://www.benzinga.com/news/earnings/earnings-misses/24/04/38464570/us-energy-stocks-fall-following-oil-giants-subdued-earnings-reports">with their quarterly results.</a>
Treasury yields were slightly softer, although remained at elevated levels, indicating they had already absorbed the rising inflation narrative over the past weeks. 
Both gold and oil held steady at $2,300 per ounce and $83 a barrel, respectively. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) softened below $64,000, on track for a fourth straight negative week.
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>17,751.35</td>
<td>1.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,107.36</td>
<td>1.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,003.71</td>
<td>1.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>38,287.77</td>
<td>0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. EDT</figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.2% to $509.49, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.6% to $383.06 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.8% to $431.95, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) outperformed, up 2.6%, followed by the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and the Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>), both up 1.5% The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) was the major laggard, down 1.1%. 
<h3 class="wp-block-heading">Friday&#8217;s Stock Movers</h3>
<ul>
<li>Alphabet Inc. soared by 10% after a double beat in both earnings and revenue estimates last quarter. Shares are on track to their strongest performing <a href="https://www.benzinga.com/news/24/04/38458188/why-alphabet-shares-are-trading-higher-by-12-here-are-20-stocks-moving-premarket">day since July 2019. </a></li>
<li>Microsoft Corp. rose 2.5% after reporting <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38465071/microsoft-q3-shines-light-on-ai-innovation-cycle-analysts-see-plenty-of-runway-for-">better-than-expected results last quarter</a>. </li>
<li>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) rose 4% amid bullish speculations over next week&#8217;s earnings report. </li>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rose 6%, bolstered by rising expectations for AI spending and fueling a widespread rally in chipmakers. </li>
<li>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) tanked 10%, sharply underperforming compared to industry peers, on a Q1 revenue miss. </li>
<li>Other companies reacting to earnings were Exxon Mobil, down nearly 3%, Chevron Corp, down 0.2%, AbbVie Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>), down over 5%, HCA Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>), down over 3%, Colgate-Palmolive Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>), up 1.6%, Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>), down 3.7%, AON plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>), down over 8%, LyondellBasell Industries NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>), up 2.6%, Ball Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALL#NYSE">BALL</a>), up 7.6%, Avantor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>), down 4%, Saia Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>), down 20%, Autoliv Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>), up 5%, KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLA#NASDAQ">KLA</a>), up 5%, Capital One Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), up 0.5% and Snap Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NASDAQ">SNAP</a>), up 30%. </li>
</ul>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38465570/snap-investors-celebrate-q1-earnings-but-analysts-arent-ready-to-party-just-yet-the">Snap Investors Celebrate Q1 Earnings, But Analysts Aren&#8217;t Ready To Party Just Yet: &#8216;The Most Expensive Name In Social&#8217;</a>
Image generated using artificial intelligence via Midjourney.

Earnings Beats

Earnings Misses

Equities

Large Cap

Macro Economic Events

Market Summary

Mid Cap

Sector ETFs

Broad U.S. Equity ETFs

Commodities

Small Cap

Econ #s

Economics

Federal Reserve

Intraday Update

Tech

ETFs

$BTC

ABBV

AMZN

AVTR

BALL

SPDR Dow Jones Industrial Average ETF Trust

GOOGL

INTC

MAGS

MSFT

NVDA

SAIA

SNAP

Select Sector SPDR-Consumer Discretionary

Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?

FICO

FICO shares are trading lower following weak 2024 guidance.

Raymond James analyst Patrick Tyler Brown reiterates Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Strong Buy and raises the price target from $275 to $280.

Reiteration

Raymond James Reiterates Strong Buy on Union Pacific, Raises Price Target to $280

TD Cowen analyst Max Rakhlenko maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Buy and raises the price target from $250 to $270.

TSCO

TD Cowen Maintains Buy on Tractor Supply, Raises Price Target to $270

MBLY

Mobileye Global shares are trading lower after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and lowered its price target from $26 to $25.

Raymond James analyst Matthew McClintock maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Outperform and raises the price target from $250 to $285.

Raymond James Maintains Outperform on Tractor Supply, Raises Price Target to $285

CINF

Cincinnati Financial shares are trading lower, reversing from earlier strength after the company reported better-than-expected Q1 2024 adjusted EPS and sales.

BEKE

KE Holdings shares are trading amid overall strength in Chinese stocks.

Raymond James analyst Savanthi Syth reiterates Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) with a Outperform and lowers the price target from $33 to $30.

Raymond James Reiterates Outperform on Southwest Airlines, Lowers Price Target to $30

Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) on Friday announced the creation of an AI Innovation Lab&nbsp;with&nbsp;Estee Lauder Companies, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>)
The companies will work together to develop solutions that further empower Estee Lauder&#8217;s&nbsp;more than 20 beauty brands as they create closer consumer&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38454085/the-est-e-lauder-companies-and-microsoft-increase-collaboration-to-power-prestige-beauty-with-gene" rel="noreferrer noopener">connections and increase speed to market with local relevancy.</a>
&#8220;With Microsoft&#8217;s generative AI tools and extensive expertise, we&nbsp;are able to&nbsp;leverage Estee Lauder&#8217;s tremendous data to create more personalized consumer experiences and faster insights to action&nbsp;resulting&nbsp;in increased speed to market and stronger local relevancy,&#8221; said&nbsp;Jane Lauder, EVP, Enterprise Marketing, and chief data officer, The Estée Lauder Companies.
The AI Innovation Lab signifies an intensified strategic bond between Estee Lauder and Microsoft, which&nbsp;was&nbsp;initiated&nbsp;in 2017.&nbsp;
As a part of this enduring alliance, Estee Lauder&nbsp;selected Azure AI as the foundation for its Voice-Enabled Makeup Assistant.&nbsp;
The AI Innovation Lab further positions both companies at the forefront of reimagining the beauty industry with generative AI, per a press release.
&#8220;Generative AI represents a significant opportunity for the beauty industry — creating more engaging customer experiences, getting products into the hands of consumers faster, developing new products more efficiently and sustainably, and much more,&#8221; said&nbsp;Shelley Bransten, corporate vice&nbsp;president,&nbsp;Global&nbsp;Industry Solutions, Microsoft.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com//node/38466580" rel="noreferrer noopener">Microsoft Thanks Call Of Duty, Candy Crush For Sizzling Q3 Gaming Results</a>
Price Action: EL shares are trading higher by 1.30% to $146.88 at last check Friday, while MSFT shares are trading higher by 2.77% to $410.10.
Photo via Wikimedia Commons

Markets

General

Generative AI In Beauty? Estee Lauder Strengthens Pacts With Microsoft To Create AI Lab

Raymond James analyst Aaron Kessler reiterates Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Outperform and raises the price target from $15 to $16.

Raymond James Reiterates Outperform on Snap, Raises Price Target to $16

<a href="https://truthsocial.com/@realDonaldTrump/posts/112338695931922120">https://truthsocial.com/@realDonaldTrump/posts/112338695931922120</a>
&nbsp;

Government

Politics

Former President Trump On Truth Social Says He Will Debate President Biden "ANYWHERE, ANYTIME, ANYPLACE"

Raymond James analyst Andrew Marok reiterates Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) with a Outperform and raises the price target from $450 to $480.

Raymond James Reiterates Outperform on Microsoft, Raises Price Target to $480

Li Auto shares are trading higher amid overall strength in Chinese stocks.

Raymond James analyst Srini Pajjuri reiterates KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Outperform and raises the price target from $625 to $750.

KLAC

Raymond James Reiterates Outperform on KLA, Raises Price Target to $750

<a href="https://www.bls.gov/productivity/notices/2024/corrected-hours-worked-and-labor-productivity-for-labor-productivity-and-costs-fourth-quarter-2023.htm" title="https://www.bls.gov/productivity/notices/2024/corrected-hours-worked-and-labor-productivity-for-labor-productivity-and-costs-fourth-quarter-2023.htm">https://www.bls.gov/productivity/notices/2024/corrected-hours-worked-and-labor-productivity-for-labor-productivity-and-costs-fourth-quarter-2023.htm</a>

U.S. Bureau Of Labor Statistics Corrects Computation Error For 2019-2023 Hours Worked And Labor Productivity Data

Lithium Junior Miners News For The Month Of December 2023

Lithium Junior Miners News For The Month Of January 2024

United Lithium Corp (TSE:ULTH) has released an update. United Lithium Corp has elevated its market presence by commencing trading on the OTCQX Best...

United Lithium Corp Ascends to OTCQX Market

Lithium Junior Miners News For The Month Of February 2024

United Lithium looks to raise $2M in a private placement

United Lithium Corp (TSE:ULTH) has released an update. United Lithium Corp. has announced a non-brokered private placement aiming to raise $2 milli...

United Lithium Corp. Seeks $2M in Private Placement

Lithium Junior Miners News For The Month Of March 2024

United Lithium Corp (TSE:ULTH) has released an update. United Lithium Corp. reported successful elections of its board nominees at the annual gener...

United Lithium Shareholders Approve Board Elections

United Lithium Corp (TSE:ULTH) has released an update. United Lithium Corp. has fully acquired the Kietyönmäki Lithium Project in Finland, boosting...

United Lithium Secures Full Control of Finnish Project

United Lithium Corp (TSE:ULTH) has released an update. United Lithium Corp. has successfully completed a $2 million private placement without payin...

United Lithium Raises $2M in Private Placement

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Press Releases

United Lithium to Proceed with 3 for 1 Share Consolidation

United Lithium Intersects 1.05% Li₂O over 33 m including 2.42% Li₂O over 7 m, Combined Strike Length Now Exceeds 4,000 m at Bergby Project, Sweden

Management

United Lithium Appoints Anoop Prihar as Vice President Corporate Development, and Commences Scandinavian Marketing Campaign

Henrik Lundin appointed to the Board of Directors of United Lithium

OTC Markets Group Welcomes United Lithium Corp. to OTCQX

United Lithium Announces the Commencement of OTCQX Trading

Financing

United Lithium Announces $2 Million Private Placement and Repricing of Warrants

United Lithium Announces Results from the 2024 Annual General and Special Meeting of Shareholders

United Lithium Increases Ownership of Kietyönmäki Lithium Project in Finland to 100%

United Lithium Announces Closing of $2 Million Private Placement

CSE:ULTH