Plug Power Inc (PLUG)

[B_B!]

The Perfect Storm

- Israel-Gaza war: Ceasefire talks intensify in Cairo
13 hours ago By Anna Foster & Andre Rhoden-Paul
https://www.bbc.com/news/world-middle-east-68956549

- The Meme Mania Returns

Move over, meme-stock millennials. Your grandma wants to trade options.
May 4, 2024 By Beth Pinsker
https://www.marketwatch.com/story/move-over-meme-stock-millennials-your-grandma-wants-to-trade-options-8d7f2757

- Fed Meeting: Rate Cuts Will Wait, But QT Relief Offers Stealth Easing; S&P 500 Slips
JED GRAHAM 05/01/2024
…..
The Fed statement reiterated that rate cuts will wait until policymakers have "gained greater confidence that inflation is moving sustainably toward 2%."
However, policymakers announced a slower pace for unloading holdings of Treasuries from the Fed's balance sheet.
"Beginning in June, the Committee will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $60 billion to $25 billion."
Approving relief from quantitative tightening, or QT, may be seen on Wall Street as throwing a bone to markets.
…..
https://www.investors.com/news/economy/federal-reserve-meeting-may-jerome-powell-qt-rate-cuts/

- Conditional approval of DOE loan

- Plug Power Announces 2023 First Quarter Results with record revenue and narrowed losses. Andy will also raise expectations.

- Final Guidance for 45V with less restrictive requirements

- Data Centre Backup Power initial testing

- Louisiana plant update/partial producing hydrogen gas (planning operational was Q3 2024)