Shares of EV charging solutions provider ChargePoint Holdings (NYSE:CHPT)
fell 1.9% in the morning session after the company issued a weaker-than-expected revenue forecast for the third quarter, which overshadowed its second-quarter results.
EV charging solutions provider ChargePoint Holdings (NYSE:CHPT) beat Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 9.2% year on year to $98.59 million. On the other hand, next quarter’s revenue guidance of $95 million was less impressive, coming in 11.5% below analysts’ estimates. Its GAAP loss of $2.85 per share was 27.3% below analysts’ consensus estimates.
EV charging solutions provider ChargePoint Holdings (NYSE:CHPT) beat Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 9.2% year on year to $98.59 million. On the other hand, next quarter’s revenue guidance of $95 million was less impressive, coming in 11.5% below analysts’ estimates. Its GAAP loss of $2.85 per share was 27.3% below analysts’ consensus estimates.
A number of stocks fell in the afternoon session after the major indices continued to retreat amid profit-taking and renewed concerns about tariffs. Investors reacted to a federal court ruling that most of President Trump's global tariffs were illegal, raising uncertainty over trade policy and the fiscal impact of potential refunds. Rising Treasury yields added to the pressure, with the 10-year climbing above 4.2% and the 30-year nearing 5%, intensifying worries about stretched equity valuations. September's historically weak track record for stocks further dampened sentiment, leaving traders cautious ahead of the jobs report later in the week and the Federal Reserve's upcoming rate decision.
A number of stocks fell in the afternoon session after markets pulled back with the decline concentrated in the tech space as investors engaged in profit-taking following a robust week that saw the S&P 500 hit a new record.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
Shares of EV charging solutions provider ChargePoint Holdings (NYSE:CHPT)
fell 3.2% in the afternoon session after President Donald Trump announced his administration would not approve new solar or wind power projects, causing a sell-off in the renewable energy sector.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
A number of stocks fell in the afternoon session after an unexpectedly sharp rise in wholesale inflation fueled concerns about rising costs and their impact on corporate profits. The primary catalyst was the July 2025 Producer Price Index (PPI), a measure of inflation at the wholesale level, which jumped 0.9% against forecasts of a 0.2% rise. This represents the most significant monthly increase in over three years, pointing to mounting cost pressures for manufacturers, with tariffs cited as a key factor. This data complicates the Federal Reserve's upcoming interest rate decisions, as persistent inflation may prevent rate cuts, creating a headwind for cyclical sectors like Industrials.
Shares of EV charging solutions provider ChargePoint Holdings (NYSE:CHPT)
jumped 5.1% in the morning session after the U.S. federal government restored a $5 billion funding program for electric vehicle (EV) charging infrastructure and streamlined deployment regulations. The funding, part of the National Electric Vehicle Infrastructure (NEVI) Formula Program, had been previously frozen by the Trump Administration but was restored after a federal court ruled the move overrode the will of Congress. U.S. Transportation Secretary Sean Duffy announced the $5 billion program would resume with revised guidance aimed at streamlining applications and giving states more flexibility. This simplification of requirements is expected to accelerate the construction of EV charging stations, with officials suggesting over $2 billion could start flowing to projects as soon as next month. The news provides a significant tailwind for companies in the sector, like ChargePoint, in an industry already showing improved reliability and projected for major growth.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
