Despite FCEL missing Q2 forecast, earnings call strikes optimistic tone

Fuelcell Energy reported Q2 adjusted EPS of $-0.08 on revenue of $16.4 million. Analysts had forecast EPS of $-0.05 on $32.3 million in revenue. FCEL stock price is down 10% to $3.66. Fuelcell Energy (FCEL) posted earnings results that missed expectations early Thursday. For the fiscal second quarter, the quarter ending in April, Fuelcell reported … Read more

Nio offers up resounding earnings beat but reduced Q2 guidance

NYSE: NIO gained 3.72% during Wednesday’s trading session. Chinese ADRs rise as Beijing shows further signs of easing restrictions. Nio denies the chip relationship with AMD that surfaced on Weibo. UPDATE: Nio, one of China’s leading EV upstarts, reported a healthy first quarter earnings beat on Thursday before the market opened. The Chinese company reported … Read more

Weekly chart makes $545 seem obvious after Twitter deal blow-up

TSLA stock price closes up 1.6% after Musk makes TWTR deal less likely. Tesla share price weekly chart shows support line descending to $545. Elon Musk says Twitter in a breach of contract for not specifying bot percentage. Tesla (TSLA) stock closed up 1.6% on Monday but should have done much better. A letter from … Read more

TSLA stock recovers in line with market rally

Tesla stock continues to recover ground as it closes at $758.26 on Tuesday, more or less flat. TSLA had bottomed out at $620, which is a key support level. Elon Musk and the Twitter saga drag on. Tesla (TSLA) stock stabilized further on Tuesday after closing Friday significantly higher. The stock has been recovering ground … Read more