Rooftop solar stocks face ‘wipe out’ but First Solar shares could double, says clean energy investor
The U.S. Senate's draft of President Donald Trump's tax bill is expected to wreck the rooftop solar industry while reward large-scale green energy operators.
Latest World News copy
- S&P 500 posts third straight losing day as traders eye Middle East tensions, Trump’s next steps: Live updatesStocks fell on Friday as investors contemplated the next move from the Federal Reserve and monitored the latest developments out of the Middle East.
- Europe and Iran holding talks as Trump sets two-week deadline for U.S. strikes decisionEuropean officials are hoping for a last-minute diplomatic breakthrough with Tehran to deter further escalations of the Middle East conflict.
- Tesla inks first deal to build China's largest grid-scale battery power plantThe U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed.
- Meta approached Perplexity before massive Scale AI dealMeta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.
- Wall Street will continue to monitor the Iran-Israel conflict next week, with stocks at an impasseWhether stocks can continue to chart a path higher next week will depend in large part on developments on a raft of hurdles facing the market.
- Supreme Court rejects fast track of Trump tariff challenge by toy companiesLegal challenges to President Donald Trump’s April 2 tariffs have introduced uncertainty around a central piece of his trade agenda.