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Sunpower Corp - SPWR STOCK NEWS

Welcome to our dedicated news page for Sunpower (Ticker: SPWR), a resource for investors and traders seeking the latest updates and insights on Sunpower.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sunpower's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sunpower's position in the market.

Rhea-AI Summary
SunPower Corp. (SPWR) will discuss its full year and fourth quarter 2023 financial results on Feb. 15, 2024, at 8:00 a.m. ET. The results are scheduled to be released at 7:45 a.m. ET. Analysts intending to participate in the Q&A session must register for a personal link and dial-in. The event will be webcast online, and supplemental financial information will be available on SunPower's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.59%
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Rhea-AI Summary
SunPower (SPWR) received a notice from Nasdaq for not timely filing the Form 10-Q with the SEC, leading to non-compliance with Nasdaq Listing Rule 5250(c)(1). The company must submit a plan to regain compliance within 60 days, with a possible extension of up to 180 days. SunPower is working diligently to complete the Restatement and file the Form 10-Q to regain compliance with the Listing Rule.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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Rhea-AI Summary
Maxeon Solar Technologies, Ltd. (MAXN) and SunPower Corporation (SPWR) announced an amendment of their supply agreement and resolution of disputes. Maxeon will supply modules to SunPower through February 2024, and SunPower will maintain its exclusive right to distribute M-Series products in the U.S. until March 31, 2024. Maxeon will be released from non-circumvention obligations with respect to SunPower dealers and will receive warrants to purchase SunPower common stock in a private placement. Additionally, all outstanding disputes regarding the Master Supply Agreements between the two companies have been resolved.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.92%
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Rhea-AI Summary
SunPower (NASDAQ:SPWR): Poppy Grove affordable housing community in Northern California is set to become one of the largest affordable housing communities in the nation to run on renewable energy, with over 1 megawatt of solar to be installed, offsetting up to 80% of residents' consumption and saving them up to $1,000 annually on their utility bills. The project aims to provide affordable energy and reduce financial burden on low-income families, reflecting SunPower's commitment to accessibility and equity in solar energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.22%
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Rhea-AI Summary
SunPower Corp. announced preliminary financial results for Q3 2023, adding 18,800 customers and entering Q4 with a backlog of 18,400 retrofit customers and 38,000 New Homes customers. GAAP Q3 revenue was $432 million, with a net loss of $(32) million. The company updated its guidance for the remainder of 2023 and reported increased bookings of 59% month-over-month in September.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.62%
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Rhea-AI Summary
TotalEnergies awarded contract for 1100 high-power charge points for electric vehicles in Germany
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1.15%
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Rhea-AI Summary
SunPower Corp. to discuss Q3 2023 financial results on Nov. 1
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-3.78%
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Rhea-AI Sentiment
End-of-Day
-2.54%
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Rhea-AI Summary
SunPower announces new grant programs to ensure solar benefits all Americans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
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Rhea-AI Summary
SunPower Corp. releases statement on supply agreement negotiations with Maxeon Solar Technologies. SunPower intends to resolve alleged breaches of master supply agreements and reaffirms 2023 guidance.
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Sunpower Corp

Nasdaq:SPWR

SPWR Rankings

SPWR Stock Data

435.18M
51.69M
0.72%
120.82%
22.37%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
San Jose

About SPWR

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