On Wednesday, the Dow Jones Industrial Average is down by over 150 points as investors tech giants report their earnings today.
Following the stock market opening on Wednesday, the S&P 500 and Dow are trading higher at 0.11% and 0.10%.
Foreign Minister Sergei Lavron said earlier this week that the threat of a nuclear war is very significant and the risks should not be underestimated.
In it, the renewable energy firm is looking at earnings of $0.79 per share on revenue of $441 million.
Namely, Kothandaraman says that the company is “tripling down on Europe in terms of spending.” He continues to explain, “we expect our momentum in Europe to continue with more than 40% sequential revenue growth expected in Q2 versus Q1.” To achieve this, the CEO notes that Enphase is actively expanding its team in the region to bolster further growth.
For one thing, this push into the European market comes at a crucial time in the energy industry.
For the quarter ahead, CFO Amy Hood is guiding for a total revenue in the range of $52.4 billion to $53.2 billion.
Naturally, this would be the case with Microsoft having doubled the total number of deals worth over $100 million in that time.
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