Enphase Energy Inc. shares jumped more than 8% in the extended session Tuesday after the maker of inverters for solar-power systems reported fourth-quarter earnings that topped Wall Street views and u...
Tag: electrical components
Nvidia in Pact With Foxconn to Build Autonomous Cars
Getting a jump on the parade of announcements to come at this week’s CES tech trade show in Las Vegas, the graphics and AI chip company Nvidia gave an unofficial virtual keynote presentation Tuesday m...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...
Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry.
Apple is facing delivery problems for some iPhones as issues at a critical factory in China continue. But analysts are playing down the potential long-term impact on the company. Apple (ticker: AAPL) ...
Generac stock rocked after profit warning due to weakness in home generator business
Shares of Generac Holdings Inc. suffered a record selloff on Wednesday after the manufacturer of home generators and solar equipment issued an earnings warning and cut its growth outlook, citing press...
Solar Stocks Surge After Energy Bill Gets Backing From Sen. Manchin
Text size Sen. Joe Manchin said he supported a spending package that includes funding for energy and climate programs. Andreas Rentz/Getty Images Solar stocks were surging Thursday after Sen. Joe Manc...
Apple Earnings Day Is Here. The Dollar and Inflation Could Bite.
Text size Apple is more exposed to the consumer economy than other tech hardware companies. Photo by DANIEL SLIM/AFP via Getty Images Apple will report June quarter earnings late Thursday, and CEO Tim...
Fisker and Foxconn confirm compact EV will be built at Lordstown plant
Fisker Inc. confirmed Thursday that Foxconn will build its second car, a compact EV, at a newly acquired plant in Lordstown, Ohio. The Fisker FSR, +12.55% Pear will enter production in 2024 and cost a...
George Soros Buys a Big Rivian Stake
Text size Soros Fund Management’s stake was worth about $2.1 billion at the end of December. Courtesy Rivian George Soros’ family investment office, Soros Fund Management, revealed a new stake i...
Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
An analyst from Deutsche Bank is bullish on Enphase Energy Sunrun and First Solar due to their strong domestic presence amid new U.S. legislation. Deutsche Bank analyst Corinne Blanchard initiated cov...