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
First Solar (FSLR) fell 7.3% — the top decliner in the S&P 500 index — while Enphase Energy (ENPH) and Sunrun (RUN) slipped by 3.2% and 7.8%, respectively.
Shares of solar panel manufacturer First Solar (NASDAQ:FSLR)
fell 9% in the afternoon session after a note from Citi analysts warning that the company's (FSLR's) eligibility for solar 45X tax credits (federal tax incentive for domestic manufacturers that produce qualifying advanced energy components) might expire in 2028, four years earlier than the 2032 timeline proposed in the original House bill draft. The earlier phaseout could significantly reduce long-term profit margins and dampen investor confidence, as these credits are a key component of First Solar's cost advantage and earnings.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Shares of several solar stocks slid during Monday's trading session as the sector broadly declined amid renewed political risk to clean-energy incentives.
Curious about the top performers within the S&P500 index in the middle of the day on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Large-cap stocks surged in the last week. CoreWeave, Super Micro, Coinbase, NRG Energy, Astera Labs, First Solar, Exelixis, Rocket Lab, Hims & Hers, On Holding and Gap were the top performers.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Friday as we examine the latest happenings in today's session.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Thursday as we examine the latest happenings in today's session.
Stay tuned for the market movements in the S&P500 index on Thursday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
If passed, the proposed bill would limit imports from foreign entities of concern, like China, to prevent them from dumping solar panels into the U.S. market.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 6.6% over the past six months. This performance was worse than the S&P 500’s 1% fall.
The market is flashing a "rare and bullish" signal that could indicate even more gains ahead, according to Ryan Detrick, chief market strategist for the Carson Group.
