Page 17 - Solaredge Technologies News Today

The job cuts, which would affect roughly 900 employees, came after SolarEdge discontinued manufacturing in Mexico, reduced capacity in China, and terminated light commercial vehicle e-mobility activity. Its discontinuation of the light commercial vehicle e-mobility activity will bring charges of $36 million to $41 million, with $33 million to $38 million for inventory write-offs and non-cancelable purchase orders. "We have made a very difficult, but necessary decision to implement a workf...

Canaccord Genuity Group initiated coverage on shares of SolarEdge Technologies (NASDAQ:SEDG – Free Report) in a research note issued to investors on Tuesday, MarketBeat reports. The brokerage issued a hold rating and a $80.00 price target on the semiconductor company’s stock. A number of other research analysts also recently issued reports on the stock. Truist […]

Archer Aviation stock is on the move Wednesday as investors in ACHR react to an infrastructure deal with Atlantic Aviation.

US stocks fell on Wednesday as bond yields rose on the back of resilient economic data, with central bankers in both the States and Europe doing their best to temper expectations for imminent cuts to interest rates.

If interest rates fall and the economy performs well, these stocks could have an excellent year.

This energy stock has been growing for years but ran into short-term challenges in 2023.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Barclays downgrades SolarEdge as SunPower gets close to a deadline for a temporary waiver on a loan agreement.

U.S. stocks traded lower, with the Nasdaq Composite falling more than 150 points on Wednesday.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Archer Aviation (NYSE:ACHR) stock is in the news Wednesday after the company an...