A SolarEdge Technologies logo is seen on a smartphone and a PC. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images SolarEdge‘s stock tumbled Tuesday after the company gave weak guidance for the first quarter, as the residential solar market continues to face headwinds from high interest rates and depressed demand. SolarEdge expects revenues
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Jeremy Hunt, UK chancellor of the exchequer, holding the despatch box as he stands with treasury colleagues outside 11 Downing Street in London, UK.. Bloomberg | Bloomberg | Getty Images LONDON — The U.K. logged a record £16.7 billion ($21.1 billion) net budget surplus in January, according to official figures released on Wednesday. The Office
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IRS Commissioner Daniel Werfel testifies before the Senate Finance Committee on April 19, 2023. Chip Somodevilla | Getty Images The IRS will continue to crack down on top earners who haven’t paid taxes owed — and certain returns may see increased scrutiny, experts say. “We are working to reverse the historically low audit rates for
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Barclays Bank’s UK headquarters in Canary Wharf, London. Matt Crossick/PA Images via Getty Images LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul. Analysts polled by Reuters had expected net profit attributable to shareholders of £60.95 million for the quarter,
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Earnings season was not perfect for our industrial-focused portfolio companies, but we’re feeling pretty good about their prospects for the rest of the year. Shares of two of the five names finished Friday at all-time highs, and we belive the others show promise for patient investors. 1. Eaton Electrical power management company Eaton posted a
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In this article LUNR Follow your favorite stocksCREATE FREE ACCOUNT Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission “is
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands
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