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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.
Via StockStory · May 19, 2025
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 5.1% in the afternoon session after Wells Fargo downgraded the stock from Buy to Hold, raising concerns as Google prepares to fully integrate generative AI into its platform. The firm noted that recent disruptions in search-driven traffic appear more permanent, as more users turn to AI-powered search.
Via StockStory · May 19, 2025
Bristol-Myers Squibb discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.
Via Talk Markets · May 19, 2025
This downgrade is likely to have a very brief impact, a given where the USD Index already moved, the price moves based on this could already be over.
Via Talk Markets · May 19, 2025
Lyft and Tesla are future rivals, but right now working together on a promotional offer for ride-share drivers.
Via Benzinga · May 19, 2025
The dip buying was not only seen in equities, but also in bonds. The latter part is more significant.
Via Talk Markets · May 19, 2025
Saudi investment plans and positive earnings news have boosted Palantir's stock in recent sessions. The company's government and commercial platforms analyze data with AI for key insights.
Via Benzinga · May 19, 2025
Via Benzinga · May 19, 2025
Regeneron (REGN) to acquire 23andMe for $256 million, plans to maintain consumer services and uphold privacy policies. Deal expected to close Q3 2025.
Via Benzinga · May 19, 2025
The broader cryptocurrency market is slightly down amid continued profit-taking following a surge fueled by rising institutional interest.
Via Benzinga · May 19, 2025
Nvidia's investment in PsiQuantum could ignite the quantum computing fire and boost interest in AI and quantum ETFs like QTUM and WTAI.
Via Benzinga · May 19, 2025
Carvana's stock has skyrocketed on strong earnings, highlighting their disruptive online used car sales model. Their platform offers wide selection and convenient delivery, driving impressive growth and profitability.
Via Benzinga · May 19, 2025
Portillo's stock earned an upgrade to its Relative Strength (RS) Rating to 78 on Monday, up from 62 a day earlier.
Via Investor's Business Daily · May 19, 2025
US gov concerns over Apple's AI deal with Alibaba caused stock drop. Alibaba's revenue & earnings beat estimates, but risks remain due to US tensions.
Via Benzinga · May 19, 2025
How is the administration’s call to do 90 deals in 90 days going?
Via Talk Markets · May 19, 2025
Mullen Automotive Inc. (NASDAQ: MULN) shares are soaring Monday amid a surge in retail investor interest. Preliminary results for the second quarter appear to have sparked a short squeeze in the heavily shorted stock.
Via Benzinga · May 19, 2025
BofA Securities analyst Vivek Arya maintained a Buy rating on Nvidia Corp. (NASDAQ:NVDA) with a price forecast of $160 on Monday.
Via Benzinga · May 19, 2025
ACADIA Pharmaceuticals stock saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 70 to 93.
Via Investor's Business Daily · May 19, 2025
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.
Via Chartmill · May 19, 2025