Artificial intelligence mania has taken the tech sector by storm. However, realization of the immense electricity needs for AI data centers is emerging, boosting clean power stocks.
Solar technology and energy services provider SunPower (NASDAQ: SPWR ) saw its shares rise dramatically higher on Wednesday. Earlier, the company announced that it will add the Tesla (NASDAQ: TSLA ) Powerwall 3, a battery storage system, to its portfolio.
Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.
With storage attach-rates soaring, SunPower adds most-requested battery storage to its offerings SunPower Financial introduces loan and lease financing for Powerwall 3, making home backup even more accessible RICHMOND, Calif. , May 22, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR), America's highest-rated† residential solar energy company, today announced it will now be offering Tesla Powerwall...
RICHMOND, Calif. , May 20, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR) received on May 17, 2024, a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission (the "SEC...
Renewable energy stocks have been highly shorted, and that fueled a quick recovery for the shares early in the week. Falling interest rates could also contribute to a recovery for these stocks.
SunPower (NASDAQ: SPWR ) stock is falling hard on Wednesday as the company's shares face strict criticism from Wolfe Research analyst Steve Fleishman. The Wolfe Research analyst warns that SPWR stock won't be able to maintain its current price from the meme stock rally.
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