ChargePoint (CHPT 12.14%) stock is jumping Wednesday. The electric vehicle (EV) charging specialist's share price was up 11.7% as of 3 p.m. ET, according to data from S&P Global Market Intelligence.ChargePoint stock is gaining ground in conjunction with better-than-expected preliminary fourth-quarter results from Blink Charging. While Blink is a rival, the company's preliminary Q4 results are actually signaling that the industry backdrop for ChargePoint may be more favorable than many investors had previous ...

Shares of ChargePoint Holdings (CHPT 10.75%) opened Wednesday on a strong note, trading 8% higher as of 10:30 a.m. ET after surging 12.6% higher earlier in the morning. The electric vehicle charging infrastructure company's earnings release is still some weeks away, but a rival is helping lift investors' hopes in the languishing stock ahead of earnings.ChargePoint is struggling to grow revenue, but a rival isn'tChargePoint stock plunged to a 52-week low last month as investors became increasingly wary of th ...

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE:CHPT), a leading provider of networked solutions for charging electric vehicles (EVs), today announced it will release financial results for the fourth quarter and full fiscal year 2024, which ended January 31, 2024, on March 5, 2024. ChargePoint will host a conference call to review the company’s financial results at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day. A live webcast of the conference call will be accessible from the “Events ...

Renewable energy stocks are dropping Tuesday after the Bureau of Labor Statistics reported inflation data for January 2024. The Consumer Price Index (CPI) was up 0.3% from a month earlier and 3.1% from a year earlier, which was above the 2.9% increase analysts expected. Investors have been watching the CPI for indications about what the Federal Reserve will do with interest rates and the expectation is that higher inflation will lead to higher interest rates in the future.The reaction was swift today with N ...

Electric vehicle (EV) stocks were stop-and-start on Monday, with some pulling ahead and others lagging behind. More consistent gains were found in the adjacent EV battery and charging segments, with top titles generally beating the market on the week's first trading day.ChargePoint (CHPT 5.58%) did particularly well, rising by nearly 6%, while power pack developers QuantumScape (QS 4.65%) and Freyr Battery (FREY 3.80%) closed the day a respective 4.6% and 3.8% higher.A new EV discount and a low-priced Chevy ...

The electric vehicle (EV) market is probably headed toward a slump in 2024. During Tesla’s (NASDAQ:TSLA) Q4 earnings call, CEO Elon Musk warned the famed EV maker could experience slower growth in 2024. Musk’s warning probably be heeded by a number of other EV players. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either. The economy, although performing better than expected if you look at published economic metrics, is still in the midst of a slowdown. ...

While 2023 was the year of the Magnificent Seven, the seven outperforming stocks in this article are likely to be winners that will surge past the broader indices, such as the S&P 500 and the Nasdaq. The reason is that these companies trade at low valuations and have robust outlooks for this year and beyond. Investors should position their portfolios accordingly, with outperforming stocks, such as:Twist Bioscience (TWST)Source: dhvstockphoto / Shutterstock.comOne of the top outperforming stocks to consider ...

ChargePoint Holdings, Inc. (CHPT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -5.2% over the past month versus the Zacks S&P 500 composite's +5.6% change. The Zacks Automotive - Original Equipment industry, to which ChargePoint Holdings, Inc. belongs, has gained 3.4% over this period. Now the key question is: Where could the ...

Electric vehicle (EV) stocks were falling broadly in January as a number of different news items weighed on the sector.Those included fears that interest rates wouldn't fall as fast as investors were expecting this year, a weak report from Tesla as well as price cuts from the EV leader, and continuing evidence of slowing demand growth for EVs.Additionally, stocks like ChargePoint (CHPT 7.89%), Lucid Group (LCID 1.18%), and Fisker (FSR -3.98%) offered company-specific news that showed ongoing weakness. Accor ...

Many of yesterday’s meme stocks are today’s forgotten remnants collecting dust at the bottom of your portfolio, hopes of a multi-bagger long past abandoned. It’s only a loss if you sell, right?Let’s be real. Tons of top meme stocks—WeWork, Smile Direct Club, Bed Bath & Beyond—are delisted, with a handful of stragglers earning penny stock status as they cling on to the thinnest air of legitimacy.But all isn’t lost for a handful of meme stocks. Although the past few years’ worth of economic tightening courtes ...