Enphase Energy Swings to Q1 Loss as Solar Tax Credit Expires – Beats EPS But Shares Drop on Soft Guidance
Enphase swung to a loss as solar tax credits ended, cutting demand. Sales fell, outlook is weak, but AI tech and cash remain strong.
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Enphase swung to a loss as solar tax credits ended, cutting demand. Sales fell, outlook is weak, but AI tech and cash remain strong.
Bloom Energy beat earnings, doubled revenue, raised outlook, turned profit positive, and stock surged on strong AI/data center demand.
Pernod Ricard ended merger talks with Brown-Forman over Jack Daniel’s as they couldn’t agree; shares fell and other deals may follow.
Visa Q2 2026: revenue up 17%, profits beat expectations as card spending rose; strong travel spending, $20B buyback, stock up.
Robinhood missed earnings estimates, sending shares down, despite growth in users, deposits, and assets and strong outlook for Q2.
Seagate beat expectations, boosted by AI demand for data storage, and expects strong growth ahead with rising revenue and profits.