ChargePoint(CHPT)

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ChargePoint Collaborates with Product Development and Manufacturing Leaders AcBel and Kinpo, Improving Cost Structure and Time to Market
Businesswire· 2024-02-20 10:00
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and AcBel Polytech Inc. (“AcBel”) (TWSE:6282), a leading power supply manufacturer under Kinpo Group, today announced an agreement to jointly develop EV charging solutions. AcBel will begin to co-design hardware for ChargePoint’s portfolio of EV charging solutions - bringing products to market faster and at a lower cost, while maintaining ChargePoint’s high quality and ...
Biden Boom: 7 Stocks to Buy if Democrats Win the Election in 2024
InvestorPlace· 2024-02-15 02:20
We’ve entered another election year, with President Biden likely to face off once more against former President Trump. The polls currently show a tight race, though Biden’s approval ratings have slipped since his victory in 2020. There’s ample time for that to change before November 2024 – if the economy stays strong under Democratic policies, Biden could regain his edge.I’m not here to make election predictions. But it’s wise for investors looking to make strategic investments to game out various scenarios ...
Exit Now! 3 EV Stocks to Sell in February 2024
InvestorPlace· 2024-02-14 21:56
In the ever-evolving world of electric vehicles (EVs), it’s crucial to identify which EV stocks to sell as investor enthusiasm wanes. The industry, expected to bounce back with falling interest rates, presents a scenario where not all players are likely to recover. Tesla’s (NASDAQ:TSLA) challenging year is a prime example of the broader trend of declining stock values, prompting investors to reassess their holdings.Despite the downturn, some companies continue to report stellar delivery numbers, indicating ...
ChargePoint Is Jumping Today, but Still Down 95% From Its High -- Is It Time to Buy the Stock?
The Motley Fool· 2024-02-14 20:43
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 ...
Why ChargePoint Stock Is Surging Today
The Motley Fool· 2024-02-14 17:08
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 ...
ChargePoint to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on March 5, 2024
Businesswire· 2024-02-13 21:15
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 ...
Why Renewable Energy Stocks Were Rocked by the CPI Report Today
The Motley Fool· 2024-02-13 20:03
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 ...
Why Investors Were Electrified by EV Battery and Charging Stocks Today
The Motley Fool· 2024-02-13 00:34
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 ...
Why These 3 EV Stocks Could Be Headed for Further Losses
InvestorPlace· 2024-02-12 19:18
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. ...
7 Sexy Stocks That Will Continue to Outperform in 2024
InvestorPlace· 2024-02-11 20:44
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 ...