First Solar is a prominent player in the renewable energy sector, specializing in the design, manufacturing, and deployment of solar photovoltaic (PV) modules. The company is dedicated to providing clean, sustainable energy solutions by producing advanced thin-film solar technology, which offers high performance and enhanced efficiency in capturing sunlight. In addition to manufacturing solar panels, First Solar is involved in developing large-scale solar power plants, helping to accelerate the transition towards a more sustainable energy future. Through its commitment to innovation and environmental stewardship, the company plays a critical role in advancing the adoption of solar energy globally. Read More
A number of stocks fell in the morning 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. The move came after President Donald Trump posted on his social media platform, Truth Social, that "We will not approve wind or farmer destroying Solar," adding, "The days of stupidity are over in the USA!!!" This statement escalated his campaign against renewable energy development. The remarks prompted a sector-wide sell-off, pressuring solar and wind stocks broadly. Other renewable energy companies also saw their shares plummet following the announcement, reflecting investor concern over the future of green energy projects under his administration.
Technology stocks on the Nasdaq 100 were poised for a third consecutive day of losses Thursday, as investors continued to adopt a risk-off stance ahead of Federal Reserve Chair Jerome Powell's speech at the central bank's annual Jackson Hole Symposium on Friday.
Curious about the market action on Thursday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Enphase Energy (NASDAQ: ENPH) meets EU's new cybersecurity requirements for solar and battery products. Expands market reach with $50 million in new deals.
In a dynamic week for the financial markets, two distinct yet equally impactful narratives unfolded, signaling significant shifts in the clean energy and retail sectors. Solar energy companies experienced a robust surge in their stock valuations following the release of less restrictive guidance on clean energy tax credits, injecting a
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.
Enphase Energy (NASDAQ: ENPH) signed a new safe harbor agreement for $50 million in revenue, securing its role in the TPO segment. Policy changes are mitigated through these deals.
A quiet Monday saw the Dow slip and the Nasdaq barely green as traders braced for Fed minutes and Jackson Hole. Fresh IRS guidance unexpectedly eased the blow for solar and wind, igniting ENPH, RUN, FSLR and SEDG. Deal talk sent Dayforce rocketing, while Intel lagged on chatter of a potential U.S. government stake.
Shares of solar panel manufacturer First Solar (NASDAQ:FSLR)
jumped 10.4% in the afternoon session after the U.S. Treasury Department and IRS released new guidance on clean energy tax credits that was more favorable than investors had feared, continuing a rally from the previous session.
Shares of First Solar are trading higher Monday afternoon. The stock is gaining following new guidance from the Treasury Department and IRS concerning tax credits.
Investor risk sentiment paused at the start of the week, as markets awaited details expected to emerge later when President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy and European leaders.
Dayforce shares skyrocketed 26% in Monday’s midday trade after reports suggested that private equity firm Thoma Bravo is in talks to acquire the human resources firm.
