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Nextracker Inc

Long-term winners as AI boosts U.S. power needs, according to Mizuho

by Adrian Jhonsan
Long-term winners as AI boosts U.S. power needs, according to Mizuho

A large array of solar panels along Highway 41 are located in close proximity to the growing Tulare Lake, a once great body of water in the southern Central Valley, …

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Categories World

After a busy week of trades, we’re looking to some key inflation data

by Adrian Jhonsan
After a busy week of trades, we’re looking to some key inflation data

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P …

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Categories World

We’re taking profits in a winning stock near all-time highs and buying a long-term energy bet

by Milton Acorn
We’re taking profits in a winning stock near all-time highs and buying a long-term energy bet

We are selling 50 shares of Procter & Gamble at roughly $170.60 and buying 100 shares of Nextracker at roughly $40.84. Following the trades, Jim Cramer’s Charitable Trust will own …

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Categories Science

Here’s why predicting a bottom in this market plunge is so difficult

by Adrian Jhonsan
Here’s why predicting a bottom in this market plunge is so difficult

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Bottom …

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Categories World

Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns

by Adrian Jhonsan
Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns

Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm’s backlog of projects overshadowed its better-than-expected quarterly results. Revenue in its fiscal 2025 first-quarter rose …

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Categories World

5 key things we’re watching closely in the stock market this week

by Adrian Jhonsan
5 key things we’re watching closely in the stock market this week

Wall Street managed to finish higher this week despite Thursday’s brutal rotation out of tech stocks. The Dow Jones Industrial Average was the big winner on the week — advancing …

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Categories World

Here’s why cooler consumer inflation flipped the stock market

by Adrian Jhonsan
Here’s why cooler consumer inflation flipped the stock market

We finally got the consumer price index we were looking for, with both the June headline and core readings coming in slightly lower than expectations. The CPI bolstered the case …

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Categories World

We are starting a position in a market-leading renewable energy company

by Milton Acorn
We are starting a position in a market-leading renewable energy company

We’re initiating a position in Nextracker , buying 350 shares at roughly $48.18. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 350 shares of NXT with a weighting of …

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Categories Science

Solar is growing faster than any energy source as clean power for data centers

by Milton Acorn
Solar is growing faster than any energy source as clean power for data centers

Aerial view of the Oberon Solar O&M farm on March 24, 2024 in Ector County, Texas. In 2023, Texas led the nation in solar installations on its power grid, surpassing …

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Categories Science

Renewables will be main power source for data centers: Nextracker CEO

by Milton Acorn
Renewables will be main power source for data centers: Nextracker CEO

Photoelectric modules at a solar farm in Hanstholm, Denmark. The solar panels are part of the renewable energy sources that power Apple’s European data center in Viborg.  Christoph Dernbach | …

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Categories Science
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