Bet on Improved Lithium Batteries with CBAK Energy Technology Stock

Here is a piece of trivia that even lithium aficionados might not know. In January of 2005, CBAK Energy Technology (NASDAQ:CBAT) became the first Chinese lithium battery company to get listed in the United States. Of course, you can still trade CBAT stock today. Importantly, it has even made some big moves in 2020.

A magnifying glass zooms in on the website for CBAK Energy Technology (CBAT)

Source: Pavel Kapysh / Shutterstock.com

As its corporate profile notes, CBAK Energy Technology broadly engages in the sale of high-power lithium batteries for electric and hybrid vehicles, as well as for electric tools and energy storage.

Clearly CBAK has been, and still is, an

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20 Ways 2020 Changed How We Use Technology Forever

WHEN AMERICANS were sent home from offices in early March, many thought it would be for a few weeks. A month, tops. But as that timeline stretched into summer and now 2021, we’ve relied ever more on technology to remain informed, entertained and fed; to fight the WFH weight gain; to stay connected in novel, sometimes intriguing, sometimes vexing, ways. “We’ve witnessed that there’s a tech solve for each of our disruptions: shopping, therapy, concerts, drinking, games, you name it,” said Matt Klein, director of strategy for Sparks & Honey, a consultancy that studies cultural trends. “Are these experiences exact … Read more

Accelerating Technology Adoption Is The Key To Solving Climate Change

Background:  The ideas mentioned in this article were significantly sharpened by participation on a panel on sustainability held by Florida Polytechnic University’s Executive Leadership Initiative (ELI). Special thanks to my fellow panelists Sean Kidney (Climatebonds) and Michael Hawes (Fulbright) for a very interesting discussion.

Transportation technology has always been central to the organization of society because of its direct impact on very important daily functions such as education, work, commerce (especially daily necessities such as food), entertainment and medicine. Associated with the technology are the input energy sources and enabling infrastructure

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Why Align Technology Stock Is Skyrocketing Today

What happened

Shares of Align Technology (NASDAQ:ALGN) were skyrocketing 32.9% higher as of 10:09 a.m. EDT on Thursday. The huge jump came after the orthodontic-device maker announced stellar third-quarter results after the market closed on Wednesday.

So what

Align didn’t merely beat analysts’ estimates in Q3; it absolutely crushed them. Wall Street expected the company to post revenue of around $514 million. Align generated revenue of $734.1 million in Q3. Analysts looked for adjusted earnings of $0.54 per share. Align more than quadrupled that projection with adjusted earnings of $2.25 per share.

Smiling female patient holding a clear aligner in a dentist's chair

Image source: Getty Images.

How did Align deliver

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Align Soars as Analysts Rave About Third-Quarter Earnings

Align Technology  (ALGN) – Get Report was getting rave reviews from analysts Thursday after the maker of Invisalign teeth straighteners beat Wall Street’s third-quarter earnings expectations. 

Shares of the San Jose-based medical device company were surging 34.8% to $453.

Evercore ISI analyst Elizabeth Anderson wrote in an investors’ note that Align Technology “knocked it out of the ballpark” in the quarter.

“Align’s results show continued dental recovery in the U.S.,” Anderson said. “Strong top-line revenue beat, plus much higher-than-expected aligner revenue bodes well for the global recovery, and third-quarter growth likely benefitted from a strong teen season.”

Align

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