First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world’s largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

Stocks lost earlier gains on comments from Minneapolis Fed Reserve President Kashkari and geopolitical concerns. Mr. Kashkari noted that he expects two interest rate cuts this year, but if it possible depending on if inflation moves sideways that there will be no cuts this year. Every sector was in the red at market close. In other news, Iran has threatened to retaliate on an Israeli strike on an Iranian consulate building in Syria. The S&P 500 closed 1.2% lower, the Dow declined 1.4% and the Nasdaq lost 1.4%. Crude oil traded above $86 per barrel and gold fell $11 to $2304 per ounce.

First Solar designs, develops, manufactures and markets a line of thin-film semiconductor photovoltaic (PV) cells and modules that convert sunlight into electricity. The company's products, based on cadmium telluride technology, are used to provide environmentally friendly electric power. The company also sells PV solar systems, and provides operations and maintenance services. Founded in 1999, the company has about 5,500 employees.

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world’s largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.