Responsive image

Sunnova’s Solar Setback: Revenue Miss, Cash Flow Woes Sink Stock Over 50%

Lekha Gupta | March 3, 2025

Sunnova Energy International Inc. (NYSE:NOVA) shares are trading lower premarket on Monday after the company reported fourth quarter and full-year results. Revenue of $224.127 million, missing the consensus of $234.51 million. Revenue from customer agreements and incentives rose by 43% year over year (Y/Y) in 2024, led by a higher number of solar energy systems in […]

Responsive image

GM Strikes Deal with Barclays

Lekha Gupta | October 14, 2024

General Motors Company (NYSE:GM) penned a long-term deal with Barclays PLC (NYSE:BCS). Starting next summer, Barclays will become the exclusive issuer of the GM Rewards Mastercard and the GM Business Mastercard in the U.S. The new partnership with Barclays will offer exclusive benefits and experiences for cardholders. With the GM Rewards card, members can earn […]

Responsive image

Blackstone Makes Largest Asia Pacific Investment: Details

Lekha Gupta | September 4, 2024

Blackstone Inc. (NYSE:BX) shares are trading slightly lower premarket Wednesday. Blackstone and CPP Investments are set to acquire AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board for over A$24 billion. AirTrunk is one of the largest data center platforms in Asia Pacific and has over 800MW of committed capacity and land for […]

Responsive image

Hydrogen Fueling: These Companies Leading the Charge

Lekha Gupta | July 31, 2024

Nikola Corporation (NASDAQ:NKLA), in partnership with ITD Industries, has launched the first commercial hydrogen refueling station for the heavy-duty transportation sector in Ontario. The station, located at ITD Industries’ headquarters at 161 The Westmall in Etobicoke, is strategically positioned near Highway 401, Highway 427, and the Queen Elizabeth Way (QEW). The new station represents a […]

Responsive image

Hess-Chevron Merger Hits Snag

Lekha Gupta | June 21, 2024

The merger of Hess Corporation (NYSE:HES) and Chevron Corporation (NYSE:CVX) is reportedly stalled as the contract arbitration panel remains incomplete three months after the case was filed. This delay is stalling the decision on whether Exxon Mobil has a right of first refusal over Hess’ Guyana operations, reported Reuters. According to the report, the third and final […]