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Lendway Inc is expected to report for 1Q. NeuroMetrix Inc is expected to report for 1Q. Ocean Biomedical Inc is expected to report for 1Q. Petco Health & Wellness Co Inc is expected... -May 22, 2024 at 06:26 am EDT - MarketScreener
SunPower said it has added its most-requested battery storage product to its lineup with the addition of Tesla's latest Powerwall offering. SunPower projects that one in every four American homeowners who install rooftop solar this year will also add battery storage.
Wall Street experienced a muted session on Wednesday morning as traders adopted a cautious stance ahead of the Federal Reserve meeting minutes release at 2 p.m. EDT and Nvidia Corp.
SunPower Corp. stock leads the way after the solar-power company unveiled a deal with Tesla for stationary batteries.
Shares of several solar companies, including Canadian Solar Inc. (NASDAQ: CSIQ), Enphase Energy, Inc. (NASDAQ: ENPH), First Solar, Inc. (NASDAQ: FSLR), and SolarEdge Technologies, Inc. (NASDAQ: SEDG), are trading higher Wednesday afternoon, possibly in response to President Joe Biden's recent announcement of increased tariffs on Chinese imports, which included a significant hike on solar cells.