Solar stocks tumble: Why demand in Europe is falling

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Solar stocks including SolarEdge (SEDG), Enphase Energy (ENPH), Sunrun (RUN), and SunPower Corporation (SPWR), are under pressure Friday afternoon as...

US stocks ended Friday's trading session in the red, as the benchmark 10-year Treasury yields hovered just below 5%), are under pressure Friday afternoon as SolarEdge slashed its guidance and warned of softening demand in Europe. Truist Equity Research Analyst Jordan Levy joins Yahoo Finance Live to discuss what is impacting solar demand in the United States and Europe.

Levy explains three things that are hitting U.S. demand."The real impacts to the U.S. are by and large rates are the most important thing hitting demand," as well as California's net metering policy change and"this kind of abnormal year where energy, utility prices have sort of stabilized or even come down in some instances.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

SolarEdge Revenue Drop Is ‘Warning Shot’ for Home Solar IndustryThe rooftop solar industry is facing struggles that will eat into profits as panel inventories pile up and demand from consumers slackens due to higher borrowing costs and other inflationary pressures.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Solar stocks tumble on downgrade, HPE guidance misses: Yahoo Finance LiveShares of Sunnova Energy (NOVA), Sunrun (RUN), and SolarEdge Technologies (SEDG) are falling after Deutsche Bank downgraded all three of the solar stocks to ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

London Regains Europe’s Stock Market Crown, Lifted By Oil SurgeLondon has recaptured its crown as Europe’s largest stock market from Paris, lifted by surging crude oil prices.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »