Albemarle Leads S&P 500 As Lithium Becomes An AI Play

Group 1 - Albemarle (ALB) was a top-performing stock in the S&P 500, driven by positive forecasts from Ganfeng Lithium Group regarding lithium demand growth of 30% to 40% next year [1] - Ganfeng Chairman Li Liangbin predicted that the market price for lithium carbonate in China could rise to 150,000 yuan per metric ton [1] - The overall stock market saw a decline in the Dow Jones index, while lithium stocks experienced an increase due to bullish commentary [2] Group 2 - Albemarle received an upgrade in its relative strength rating, achieving a score of 82, indicating strong market performance [4] - Palantir and Western Digital were highlighted as significant winners in the S&P 500, contributing to market rallies [4] - Sociedad Quimica ADR showed rising relative price performance but remained below key benchmarks [4]