Invesco Solar ETF News
Solar Stocks Energized After Strong Enphase Earnings Report
Enphase registers adjusted earnings of 60 cents per share in the third quarter, easily beating analysts’ predictions of 49 cents; other solar stocks bounce.
First Solar and Other Solar Stocks Rated Overweight by Stephens
Stephens sees the recent decline of solar stocks creating a buying opportunity amid the strong commitment from companies and governments.
Sunrun Rated Positive by Susquehanna on Solar Market Strength
Susquehanna Financial analyst Biju Perincheril initiates coverage on shares of Sunrun with a positive rating and $75 price target.
SunPower Lower as Earnings Forecasts Lag Expectations
SunPower shares fell after the solar-panel seller’s earnings forecast lagged expectations, leading to downbeat comments from analysts.
SolarEdge Leads Sector Up on Biden Climate-Change Orders
SolarEdge was initiated with an overweight rating at Morgan Stanley after President Biden issued executive orders bolstering clean energy.
Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat
"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.
Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns
Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.
Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks
"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.
General Motors Stock Halted, Leaps Higher After Detailing Q2 Chip Shortage Hit To Inventory
GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.