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Renewable energy shares mixed as U.S. Senate preserves some tax credits in Trump bill

Renewable energy shares mixed as U.S. Senate preserves some tax credits in Trump bill

By Tanay Dhumal (Reuters) -Shares of U.S. renewable energy firms saw a mixed performance in early Monday trading after the U.S. Senate advanced President Donald Trump’s sweeping tax-and-spending bill. The final version preserved tax credits for solar leasing — an arrangement where a third-party owns and installs a solar panel system on a customer’s property for a fee to use the system and th ...

2025-07-01 01:11:34
Apple stock: Analyst flags AI concerns, warns of downside risk ahead of earnings

Apple stock: Analyst flags AI concerns, warns of downside risk ahead of earnings

Investing.com -- Apple faces significant uncertainty ahead of its fiscal third-quarter earnings, with MoffettNathanson warning that the coming report “will be unusually difficult to make sense of.”  The firm reiterated a Sell rating and a $139 price target on the stock, citing multiple unresolved issues ranging from tariffs and China discounting to AI strategy and potential fallout f ...

2025-07-01 01:08:25
US Supreme Court rejects Exxon’s appeal of $14.25 million air pollution penalty

US Supreme Court rejects Exxon’s appeal of $14.25 million air pollution penalty

By Nate Raymond (Reuters) -The U.S. Supreme Court turned away on Monday Exxon Mobil Corp (NYSE:XOM)’s bid to overturn a $14.25 million civil penalty that a judge imposed in a long-running lawsuit over air pollution at its Baytown, Texas, crude oil refinery. Exxon had asked the justices to take up the case after a lower court in December upheld the largest penalty ever assessed in a citizen-ini ...

2025-07-01 01:06:19
Cantor bullish on SailPoint as machine identity push to extend growth runway

Cantor bullish on SailPoint as machine identity push to extend growth runway

Investing.com -- Cantor Fitzgerald began coverage of SailPoint with an Overweight rating and a $29 price target, saying that the identity‑security firm’s market lead and expanding product lineup position it for “mid‑20%” annual recurring‑revenue growth over the next several years. The target implies about 27% upside to SailPoint’s current trading price of $23.34. It is trading ...

2025-07-01 01:03:53