Intrigued by the market activity one hour before the close of the markets on Tuesday? Uncover the key winners and losers of today's session in our insightful analysis.
Sunrun (RUN) shares downgraded to Sell due to financial disclosure revealing $600/system loss and inability to sell tax credits, as well as circular cash burn problem.
The stock market fell as Trump considers military intervention in the Israel-Iran conflict. Solar stocks plummeted due to a proposed tax credit phase-out.
A number of stocks fell in the morning session after a U.S. Senate panel proposed phasing out solar and wind energy tax credits by 2028, raising concerns about future profitability and project viability for solar companies. The phasing out is expected to begin as early as 2026, diminishing the financial incentives that have been critical drivers of growth in the renewable energy sector.
The world will invest $3.3 trillion in energy by 2025, with solar taking the lead. U.S. companies like First Solar, Nextracker, and Array Technologies are well-positioned to benefit.
