Everything's Bigger In Texas: Lone Star State Will Build More Clean Energy Than Next 10 States Combined

Texas plans to build 35.6 gigawatts of clean energy capacity in the next 18 months. The Lone Star State will build twice as much green energy capacity as the next two states combined. Texas is expected to build more clean energy than any other state in the U.S.

Fed's Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021, But Core Remains Sticky: 10 ETFs To Monitor Thursday

U.S. PCE price index falls to 2.5% year-on-year in June, as expected. The Bureau of Economic Analysis also reported lower-than-expected monthly increases in personal spending and personal income. The latest Fed's favorite inflation report showed mixed results for market participants.

Top ideas in sustainable energy and mobility for Q3 - Baird

Here’s why Enphase Energy’s stock is rising despite yet another earnings miss

Israel Orders Residents In Southern Gaza To Evacuate On Heels Of Houthi Drone Attack On Tel Aviv

Israel ordered residents in part of Khan Younis, a city in southern Gaza, to evacuate on Monday. The evacuation order extended into an area that Israel had previously designated a humanitarian zone. Israel's military says Hamas has used the zone to launch rockets at Israel. Israel also struck Houthi military installations in Yemen on Saturday.

Navigate 2024 Tax Plans With Strategic ETF Investments

Why Polysilicon Company Daqo New Energy's Shares Are Trading Higher Premarket Today

Daqo New Energy Corp. Shares are trading higher after the company approved a $100 million share repurchase program. The company does not pay a dividend but has a few ways to return value to shareholders. Investors can gain exposure to the stock via Invesco Solar ETF (NYSE:DQ)

Weekly Report: what happened at TAN last week (0715-0719)?

Solar Companies Forced To Borrow To Finance Growth

Solar companies recorded the highest amount in debt financing in a decade during the first half of 2024. Solar companies raised $12.2 billion across 50 debt financing deals in the period. The number of solar deals increased 9% year on year to 87. The solar sector is facing headwinds of high interest rates and falling costs.

EXCLUSIVE: Would A Trump Victory Help Or Hurt Solar Stocks? Benzinga Poll Shows Investors Divided

Benzinga readers weigh in on whether they would buy solar stocks under a second Trump term. 43% of respondents said yes, 57% said no. President Joe Biden and former President Donald Trump are set to face off in a rematch of the 2020 election. The results show varying opinions among investors.

What's Going On With Enphase Energy Stock Today?

Enphase Energy, Inc. Unveiled its latest Enphase Energy System for customers in Luxembourg. The company also launched the CS-100, a powerful Level 2 EV charger for commercial fleets in the U.S. Last week, Enphase announced products to help solar projects qualify for the domestic content bonus credit.

Solar Makers Push Biden To Tighten Tax Credit For US-Made Panels

Solar manufacturers want the Biden administration to toughen the rules on a law that gives a 10% tax credit to developers who use materials made in the U.S. The law requires 40% of the cost of a solar project to be made in America. But solar manufacturers say developers can reach that requirement by buying solar panels overseas.

Enphase Energy: Is The Turnaround Here

Enphase Energy stock is down 15% YTD, and down over 66% from its all-time high. Enphase Energy has a strong revenue growth CAGR of 29.69% on a 5Y basis. The solar power company has suffered from high interest rates, but rate cuts are likely to arrive soon. The stock has been up more than 20% in the past few days.

Solar stocks drop as SolarEdge announces more layoffs; Deutsche Bank likes First Solar

SolarEdge Technologies leads a broad retreat among solar company stocks. The company says it is cutting 400 employees due to inventory backlog and declining revenues. First Solar is Deutsche Bank's top solar pick in a new research report. Solar stocks drop as SolarEdge announces more layoffs; Deutsche Bank likes First Solar.

Monday's ETF Movers: KRE, TAN

SolarEdge Cuts 400 More Jobs In 2024: Navigating Market Woes And Inventory Challenges

SolarEdge Technologies, Inc. Announced a decision to lay off 400 employees. The company said 200 of these job cuts are in Israel. SolarEdge's shares are trading lower after the company disclosed the decision. The firm said the market downturn has led to excess inventory in its distribution channels.

The 1-Minute Market Report July 12, 2024

Home Market Outlook Today's Market The 1-Minute Market Report. The S&P 500 notched its 37th record high on Wednesday of last week. The best-performing groups last week were the small caps. Investors rotated out of large caps and into small and mid-cap stocks.

Weekly Report: what happened at TAN last week (0708-0712)?

Solar, clean energy stocks rally as tame inflation data lifts rate cut hopes

Solar, clean energy stocks rally as tame inflation data lifts rate cut hopes. U.S. Consumer prices fell for the first time in more than four years. Solar stocks were led by Sunnova Energy and Sunrun. Core CPI - excluding volatile food and energy prices - rose just 0.1%.

Could June Producer Inflation Data Dampen Market Enthusiasm For Rate-Cut Winners? 5 ETFs To Watch

Producer Price Index is expected to rise 0.1% on the month and 2.3% annually in June. The June Consumer Price Index inflation rate has fueled market expectations for interest rate cuts by the Federal Reserve. The PPI inflation report will be released on Friday at 8:30 a.m. ET.