Enphase Energy and SunPower: Solar stocks sliding

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Enphase Energy News

Solar Rooftops,Josh Lipton,Sunpower

Shares of solar tech maker Enphase Energy (ENPH) are moving lower Wednesday after the company posted its first-quarter report, with its earnings of $0.35 per...

) are moving lower Wednesday after the company posted its first-quarter report, with its earnings of $0.35 per share missing expectations of $0.42. Despite the miss, the company claims that the worst is behind it and the demand for solar rooftops will bounce back.Here are four stocks that you can buy and hold for decades in your TFSA. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.

Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance.Shopify stock is an example of a millionaire-maker stock that is likely to continue to thrive in the long run. The post 3 Magnificent Stocks That Have Created Many Millionaires, and Will Continue to Make More appeared first on The Motley Fool Canada.Canadian AI stocks like Open Text Corp are changing the game.

Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out. There are many more companies beyond Nvidia that will see their stocks soar on the promise of AI, Goldman says.Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.When it comes to spending money, it's not always about how much you have in your bank account. Even if you're a high earner or have a significant net worth, that doesn't mean you should spend your...

 

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Enphase Sees Soft Solar Market Rebounding Despite Weak SalesSolar equipment giant Enphase Energy Inc. sees the sluggish US rooftop market rebounding this year even as the company forecast disappointing sales for the second quarter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Solar company Sunpower flags issues with financial reportingSunPower expects a $15-million to $25-million decrease in income from continuing operations before income taxes and some other adjustments for the year ended Jan. 1, 2023
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