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.
Thursday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
Tesla missed EPS expectations by 25% in Q1, putting it in the bottom 10 of the S&P 500. But its long-term narrative remains strong with expanding business and software revenue potential.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
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.
