Plug to Announce 2023 First Quarter Results 2023/05/08 11:00:00 GlobeNewswire
LATHAM, N.Y., May 08, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, will announce its 2023 first quarter results on Tuesday, May 9, 2023.
One-Off Energy Relief Welcome but Plug in More Solar 2023/05/08 04:36:55 The Epoch Times
Most households want more assistance installing rooftop solar and batteries and would support subsidies for public and community housing systems. A national poll released on Monday found more than three-quarters (79 percent) want federal assistance for permanent energy bill relief through access to cheaper, smarter household solar. As energy bills soared, about half said they […]
Plug Power: A Short Squeeze Is Possibly One Catalyst Away 2023/05/07 14:41:26 Seeking Alpha
Plug Power has fallen by 56% over the last year with its sales multiple now at its lowest level in three years.
The Big Red Flag That Spells Trouble for SOFI Stock Investors 2023/05/05 17:07:26 InvestorPlace
On the surface, SoFi’s (NASDAQ: SOFI ) first-quarter results looked quite good. In fact, the company delivered beat-and-raise earnings which tend to thrill investors. But since the lender reported the results on May 1, the shares have tumbled 18%. There appears to be a specific reason for the decline, and the issue could be a huge red flag for SoFi and SOFI stock. A Greater Reliance on Personal Loans Responding to the student loan moratorium, SoFi has relied to a greater extent than usual on personal loans. Indeed, it now reportedly generates over $3 billion quarterly of such loans, and it holds more than $9.5 billion of the transactions. SoFi regularly sells these loans after short periods in order to avoid taking “any meaningful provision for credit losses.” However, it did not unload any of its personal loans marked available for sale last quarter. Why Many of the Loans Could Be Problematic The fact that SoFi was not able to sell its personal loans raises a number of red flags. That’s particularly the case since the company’s core business is providing student loans, so most of its client base likely consists of individuals who have obtained student loans in the past.
The 3 Hydrogen Stocks to Watch as Clean Energy Demand Soars 2023/05/05 15:29:58 InvestorPlace
With the world going green, the hydrogen story could get explosive. In fact, according to Vantage Market Research , the market could grow from $374.17 million in 2021 to more than $8.7 billion by 2028. All as the global community clamors for clean energy initiatives as part of the climate change battle. Even analysts at Goldman Sachs say clean hydrogen will play a crucial role in reducing emissions and could become a trillion-dollar market by 2050. This outlook alone makes hydrogen stocks worth considering. Plus, consider this. The Biden Administration is turning to hydrogen as an energy source for vehicles, manufacturing, and electricity generation. In fact, according to Fortune.com , “It’s offering $8 billion to entice the nation’s industries, engineers, and planners to figure out how to produce and deliver clean hydrogen. The aim is to accelerate the availability and use of the colorless, odorless gas that already powers some vehicles and trains.” Of course, there are many ways to buy hydrogen stocks.
The 3 Best Renewable Energy ETFs to Buy for the Future 2023/04/04 03:13:52 InvestorPlace
While sustainability motives drive some investors, the clean energy megatrend presents financial opportunities for all investors. It’s undeniable that significant capital is being invested in creating a greener future, as concerns about the effects of climate change on the worldwide economy grow. This capital influx will drive growth for publicly traded companies involved in clean energy innovations. Investors looking to benefit from this while keeping risk in check can look to the best renewable energy ETFs. Based on the latest data from the International Energy Agency, renewable energy sources such as solar, wind, hydro and geothermal will account for 35% of global power generation by 2025 . That leaves huge room for growth as companies innovate. The renewable energy market is expected to grow from around $972 billion in 2020 to more than $2 trillion in 2030, according to Next Move Strategy Consulting, for a compound annual growth rate (CAGR) of 9.6%. Whether you’re investing in the sector to contribute to climate change solutions, seeking profit potential or both, here are the best renewable energy ETFs to buy.
LCID Stock: Is Lucid the Next Nikola … or Worse? 2023/04/03 19:32:02 InvestorPlace
To immediately answer the question posed by the headline of this column, I believe that Lucid (NASDAQ: LCID ) and LCID stock are headed for much worse fates than Nikola (NASDAQ: NKLA ) and NKLA stock. Moreover, the longer-term outlook of NKLA is much better than that of LCID. Unless Lucid can change its overall strategy or suddenly create buzz about itself and its EVs quickly, it appears to be headed for bankruptcy. (Spoiler alert: it appears to be impossible for automakers to change their overall strategies quickly, and creating buzz will be tough for Lucid). On the other hand, due to Nikola’s unique niche within the automotive sector and its impressive partnerships, the automaker can survive and thrive in the longer term. Lucid Is Facing Tough Competition and Its Brand Strength is Coming Up Short In several previous columns over the last two years, I warned that the automaker was facing intense competition in the luxury electric-vehicle market on the one hand while it was having difficulty attracting attention or “buzz” on the other.
Why Plug Power Shares Are Sliding Today 2023/04/03 19:08:55 The Motley Fool
Plug Power has grand plans for the hydrogen economy, but it''s still too early to know how that will pan out.
Morgan Stanley more cautious on Plug Power, says First Solar already prices in IRA benefits 2023/04/03 18:39:16 Investing.com
Morgan Stanley Downgrade Hits Plug Power Hard 2023/04/03 18:24:42 TipRanks
Plug Power (NASDAQ:PLUG) is slumping today, and pretty badly. Investors drove it down over 6% in Monday afternoon’s trading largely because of a bi…
Plug Power Q4 earnings on deck, what to expect 2023/02/28 21:48:19 Seeking Alpha
Plug Power (PLUG) is scheduled to announce Q4 earnings results on Wednesday, March 1st, after market close.The consensus EPS Estimate is -$0.25.
Dear NIO Stock Fans, Mark Your Calendars for March 1 2023/02/28 20:25:53 InvestorPlace
It’s going to be a big week for electric vehicle (EV) stocks, as a number of companies report earnings. If you’re a Nio (NYSE: NIO ) shareholder, mark your calendars for March 1. Nio stock will likely be active tomorrow morning, as it reports earnings before the open. With a market capitalization of almost $16 billion, it’s one of the larger pureplay EV stocks out there. However, it won’t be alone. Rivian (NASDAQ: RIVN ) will report on Tuesday after the close. At the time of writing, shares are up close to 6% ahead of the report. When it comes to after-hours trading, it will almost certainly impact Nio stock. There are more EV companies reporting, though. Li Auto (NASDAQ: LI ) reported earnings on Monday, as did Fisker (NYSE: FSR ). Polestar (NASDAQ: PSNY ) will report on Thursday, while Plug Power (NASDAQ: PLUG ) will report on Wednesday. As if this all weren’t enough, Tesla (NASDAQ: TSLA ) will hold its Investor Day meeting on March 1. How Will This Impact NIO Stock? Earnings are an enormous driver for any company, but particularly for volatile holdings like EV stocks.
Plug Power: Same Old Story In 2023 2023/02/28 17:38:57 Seeking Alpha
Plug Power started 2023 by again cutting revenue targets for 2022. Click here to read my analysis of PLUG stock.
I Asked ChatGPT for 10 EV Stocks to Buy. Here’s What It Recommended. 2023/02/27 21:12:16 InvestorPlace
Nearly three months after the launch of OpenAI’s ChatGPT, investors remain hyper-focused on artificial intelligence ( AI ). There’s plenty of reason to be. Major companies are working around the clock to perfect their own versions of the chatbot. Some are redoubling their own research and development initiatives, while others, such as Amazon (NASDAQ: AMZN ), are rushing to acquire prominent AI startups. And while this new market frenzy has created a new class of winners among AI stocks , it has also led to questions about the type of financial advice ChatGPT can provide. NerdWallet reports that AI technology is not ready to replace financial advisors. But to take this further, InvestorPlace decided to ask the chatbot for its recommendations for the best EV stocks to buy. This isn’t the first time that we’ve tested the power of ChatGPT in financial matters. InvestorPlace Financial News Writer Brenden Rearick has successfully asked the chatbot for its recommendations for a list of cryptos to buy .
Is the Plug Power Inc. (NASDAQ:PLUG) stock an investment opportunity? 2023/02/27 19:54:00 US Post News
Currently, Plug Power Inc.’s (PLUG) stock is trading at $14.55, marking a gain of 2.58% from last night’s close. At this price, the stock is -54.62% below its 52-week high of $32.05 and 26.60% above its 52-week low of $11.49. Based on the past 30-day period, the stock price is -22.93% below the high and […]