hydrogen

On Monday, major U.S. indices closed in positive territory, with the Dow Jones Industrial Average rising 0.6% to 44,094.77. The S&P 500 gained 0.5% to finish at 6,204.95, while the Nasdaq also advanced 0.5%, ending the session at 20,369.73.These are the top stocks that gained the attention of...

Plug Power Inc (NASDAQ:PLUG) shares saw a modest gain late Monday, trading up 2.1% to 79 cents, after initially surging as much as 8.5% earlier in the session. The uptick follows an announcement that CFO Paul Middleton purchased 350,000 shares of the company’s common stock for approximately $...

Plug Power Inc (NASDAQ:PLUG) will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects a loss of 23 cents a share and $263.17 million in revenues as the company reports before market hours. The stock is down 59.72% over the past year, 33.26% year-to-date. Let’s look at...

Plug Power Inc (NASDAQ:PLUG) has locked in its much-anticipated $1.66 billion Department of Energy loan. JPMorgan analyst Bill Peterson believes that the move “likely eases investor concerns” about a potential cancellation under a second Donald Trump administration. While this milestone...

The U.S. Treasury has unveiled its final guidance on the 45V Production Tax Credit, setting the stage for a greener hydrogen future. According to JPMorgan analyst Bill Peterson, these long-awaited rules could unlock stalled projects and reinvigorate the hydrogen industry, with Plug Power Inc. (...

It's no secret that clean energy technology specialist FuelCell Energy Inc (NASDAQ:FCEL) has thoroughly struggled this year, with FCEL stock hemorrhaging about 77% of market value since the beginning of January. On paper, the underlying company's business of developing and delivering fuel cell...

The hydrogen industry, and Plug Power Inc (NASDAQ:PLUG) in particular, is holding its breath as the Treasury inches closer to releasing its final guidance on the Inflation Reduction Act's 45V Production Tax Credit. JPMorgan analyst Bill Peterson highlights that while clarity on this $3/kg credit...

Bill Gates outspent fellow billionaire Jeff Bezos to construct one of the most expensive yachts ever. Yet, he doesn’t seem too keen on owning it for himself. What Happened: The Microsoft co-founder, known for his emphasis on sustainable energy, commissioned a superyacht to be made using fuel...

Plug Power Inc (NASDAQ:PLUG) has big dreams for a green hydrogen-powered future, but it might hit some potholes before reaching that destination. JPMorgan's Bill Peterson brings a cautiously balanced view, signaling that while Plug Power's ambitions shine bright, the near-term realities could...

As Election Week 2024 is upon us, Wall Street is geared up for sector-specific shakeups, with JPMorgan's Bill Peterson spotlighting a decisive split in potential stock moves. With a Democratic win likely to power up the clean energy sector and a Donald Trump victory poised to boost steel, the...

Koloma, a clean fuel startup supported by Bill Gates and Jeff Bezos, is leading the international quest for geologic hydrogen, a potentially revolutionary energy source. What Happened: The startup plans to leverage expertise from the hydrocarbon industry to speed up the discovery of this carbon-...

Australian iron ore mining giant Fortescue (OTC:FSUMF) has hit the brakes on ambitious plans to transform into a green hydrogen leader. Management has announced an overhaul after a turbulent period that saw multiple senior executive departures. While iron ore still generates most of the company's...

Honda Motor Co Ltd (NYSE:HMC) has continued its push into sustainable vehicles with a car that can run on hydrogen and electricity. The Car: Electric vehicle news site Electrek reviewed the Honda CR-V e:FCEV fuel cell plug-in hybrid following the Tokyo-based company’s announcement of lease...

Key Takeaways: Guofu Hydrogen has posted steady revenue growth from 2021 to 2023, with a combined 238 million yuan in losses over the three-year period The company will need to make technological breakthroughs in hydrogen production and storage to succeed over the longer term By Hugh Chen China...

Plug Power Inc (NASDAQ:PLUG) stock has been on the decline over the past year. On Wednesday, Morgan Stanley slashed its rating to Underweight from Equal Weight with a $3 price target, cut from $3.50, citing “liquidity concerns and worsening hydrogen economics“. Read: Plug Power ‘...