NYSEArca - Delayed Quote USD

Invesco Solar ETF (TAN)

39.79

-0.52

(-1.29%)

At close: April 25 at 4:00 PM EDT

39.78

-0.01

(-0.03%)

Pre-Market: 6:41 AM EDT

GE Vernova has 'multi-year pathway' to profitability: Analyst

General Electric (GE) has successfully split its business into three independent companies, with GE Vernova (GEV) representing the energy-focused division. RBC Capital Markets Analyst Chris Dendrinos joins Yahoo Finance Live to discuss his bullish initiation of coverage on GE Vernova, rating the stock as Outperform with a $160 price target. Dendrinos explains that with "multi-national conglomerate[s]," funds are often invested in certain parts of the business while others remain underinvested. With General Electric's company splitting into standalone businesses, he believes all investments for GE Vernova will be directed into the energy business, boosting transformation efforts. When asked about competition concerns, Dendrinos says that GE Vernova is a "leader" in all of its segments. However, he notes that on the wind front, Siemens Energy (ENR.DE) could be a competitor, and in the power segment, Mitsubishi (6503.T) could pose a challenge. Dendrinos highlights that GE Vernova has a "multi-year pathway" to financial improvement, emphasizing that it will be a long-term effort to reach normalization. Nevertheless, he believes the company will eventually achieve the desired free cash flow, which should boost the stock's valuation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 20 days ago

GE

SMEGF

SMNEY
First Solar stock jumps on earnings beat, strong demand

First Solar has been an outlier amidst a struggling industry.

Yahoo Finance last month

SEDG
-2.16%
FSLR
-1.39%
TAN
-1.29%
First Solar Stock Jumps After Forecasting Tax Credit Bonanza

Shares of solar panel maker First Solar are up about 5% Wednesday after the company said manufacturing tax credits from the 2022 climate law will boost earnings this year. The tax credits prioritize domestic manufacturing, a win for First Solar because it's one of the only U.S. panel makers. Wednesday's gain bucks an otherwise gloomy stretch for solar companies, which have been hit hard by rising interest rates and high costs.

The Wall Street Journal last month

TAN
-1.29%
FSLR
-1.39%
SolarEdge stock tanks on 'abrupt slowdown in demand,' inventory backlog

SolarEdge stock sank amid an abrupt slowdown in demand and weakness in the residential installation market.

Yahoo Finance 2 months ago

TAN
-1.29%
SEDG
-2.16%
Tech, cruises, Abercrombie: Top 2023 stock performances

Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL) — three of the Magnificent Seven tech stocks — have seen huge gains in 2023, riding the waves of various technology and AI trends. But the tech trade is not the only industry that has benefitted this past year. Yahoo Finance Live examines several other outperformers across industries, including cruise operators Royal Caribbean Cruises (RCL) and Carnival Corp. (CCL), and even retail chain Abercrombie & Fitch (ANF). Solar energy stocks disappointed in 2023 as significant players saw big annual losses. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 3 months ago

TAN
-1.29%
RCL

TSLA
Why solar energy stocks may be down, but not out: Strategist

Solar energy stocks have taken a hit in 2023 due to higher interest rates which caused less demand for solar projects from retail consumers. However, the solar sector may still have a bright future ahead of itself in 2024 as rates are expected to come down and green initiatives are adopted.  Raymond James Managing Director Pavel Molchanov joins Yahoo Finance to discuss the success solar energy space's outlook. "I know it might seem surprising, but actually the amount of solar installations in 2023 is a record globally, including a record in the United States," Molchanov states. "So it's not a volume problem. It's in some cases more of a margin problem and, of course, for the stocks as distinct from the fundamentals, it's also a question of valuation, right? So stocks can be down even if the fundamental business trends are actually up." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 4 months ago

SEDG
-2.16%
RUN
-3.09%
ENPH
+0.62%
Solar stocks pop after Fed signals rate cuts

Solar stocks are getting a bid after the Fed signals rate cuts next year.

Yahoo Finance 4 months ago

SPWR

RUN
-3.09%
TAN
-1.29%
Jefferies initiates coverage on solar energy stocks

Higher interest rates have been a headwind for many sectors, including solar energy. As the Federal Reserve may pivot to rate cuts next year, hope is on the horizon for the renewable energy sector. In turn, Jefferies has initiated coverage on a number of solar stocks — including Enphase Energy (ENPH) and First Solar (FSLR) — with a "Buy" rating. Yahoo Finance Reporter Madison Mills joins the Live show to break down the announcement from Jefferies and what it means for the solar sector going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 4 months ago

ENPH
+0.62%
TAN
-1.29%
RUN
-3.09%
The Power Play by The Market Herald Releases New Interviews with 01 Communique Laboratory, Galantas Gold and ARway Discussing Their Latest News

The Power Play by The Market Herald has announced the release of new interviews with 01 Communique Laboratory, Galantas Gold and ARway discussing their latest news.

ACCESSWIRE 9 months ago

OONEF

GALKF

ARWYF
ARway.ai Selected by TM Forum to Participate in Smart Airport Initiative Alongside Intel, Amazon, Vodafone and Other Technology Partners

ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision announces its participation in the Smart Airport Initiative managed by TM Forum.

ACCESSWIRE 9 months ago

ARWYF

TAN
-1.29%
InvestmentPitch Media Video Discusses Nextech3D.AI’s Filing to Uplist to NASDAQ Capital Market and Signing of Large Enterprise Renewal and Expansion Contract

VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Nextech3D.AI, formerly Nextech AR Solutions Corp. (OTCQX:NEXCF) (CSE:NTAR) (FSE:EP20), a Generative AI-Powered 3D model supplier to major e-commerce retailers, files to uplist to NASDAQ Capital Market and signs large enterprise renewal and expansion contract. A Media Snippet accompanying this announcement is available by clicking on the image or link below: For more information, please view the InvestmentPitch Media video which provi

GlobeNewswire 9 months ago

NEXCF

IPKW

TGGLF

Performance Overview

Return	TAN	Category
YTD	-25.42%	--
1-Year	-47.33%	--
3-Year	-24.06%	--

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Invesco Solar ETF (TAN)

GE Vernova has 'multi-year pathway' to profitability: Analyst

First Solar stock jumps on earnings beat, strong demand

First Solar Stock Jumps After Forecasting Tax Credit Bonanza

SolarEdge stock tanks on 'abrupt slowdown in demand,' inventory backlog

Tech, cruises, Abercrombie: Top 2023 stock performances

Why solar energy stocks may be down, but not out: Strategist

Solar stocks pop after Fed signals rate cuts

Jefferies initiates coverage on solar energy stocks

The Power Play by The Market Herald Releases New Interviews with 01 Communique Laboratory, Galantas Gold and ARway Discussing Their Latest News

ARway.ai Selected by TM Forum to Participate in Smart Airport Initiative Alongside Intel, Amazon, Vodafone and Other Technology Partners

InvestmentPitch Media Video Discusses Nextech3D.AI’s Filing to Uplist to NASDAQ Capital Market and Signing of Large Enterprise Renewal and Expansion Contract

Performance Overview