Americans bought a record number of electric vehicles in the third quarter. What’s more, EVs accounted for almost 9% of all new-car sales...
Continue ReadingRBC Capital Markets downgraded solar energy company Enphase Energy (ENPH) to a Sector Perform rating as Big Tech inks more deals with nuclear energy developers to power their AI data centers. Most notably, Alphabet's Google (GOOG, GOOGL) signed an agreement with Kairos Power. Market Domination welcomes the analyst behind the call, RBC Capital Markets analyst Chris Dendrinos, to speak more about the solar energy landscape. Enphase seems to be finding heightened competition from Tesla (TSLA) "What they're [Tesla] doing is they're adopting one of their new batteries. It's the Powerwall 3, and that has an inverter and a battery included with it," Dendrinos tells Julie Hyman and Josh Lipton. "And then on the market adoption side, we're seeing a transition away from where a homeowner is going to outright own the solar system, and instead they're going to lease it through a company, or they're going to do what's called a power purchase agreement, a PPA. And Enphase is underweight that segment as well." Dendrinos also explains to Julie Hyman and Josh Lipton the high demand for renewable energy to power these AI data centers and this recent pivot toward nuclear power. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan...
Continue ReadingThe Wall Street Journal reported Musk donated $75 million to a political action committee aligned with Donald Trump in the third quarter...
Continue ReadingWe recently compiled a list of the Jim Cramer on the Magnificent Seven Stocks Plus Netflix. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other magnificent stocks in Jim Cramer’s list. On Monday, Jim Cramer, host of Mad Money, discussed the ongoing success of major technology […]...
Continue ReadingThere’s no denying it, the long-delayed launch of the Cybertruck has been a sales success for Tesla. The angular behemoth has become one of the best-selling six-figure cars and it’s now the third-best-selling electric vehicle in America. That impressive run could be coming to an end, however, as it sounds like Tesla may have reached the bottom of its reservation list...
Continue ReadingAmid Fluctuations, Cramer Points to Bright Future for Big Tech and Netflix...
Continue ReadingWhile plenty of CEOs have waded into politics over the decades, Musk’s going whole hog to this degree on Donald Trump makes him an outlier...
Continue ReadingExplore undercovered ETF opportunities from Seeking Alpha experts covering many sectors...
Continue ReadingThe electric vehicle (EV) pioneer's stock is at risk of taking another big hit if Musk and his team don't overdeliver on Q3 results -- or at least earnings call data...
Continue ReadingIt’s unclear whether the EV maker and fourth-biggest holder of Bitcoin among U.S public companies has plans to sell...
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