Sunrun Option Alert: Nov 21 $8 Puts at the Bid: 3780 vs 428 OI; Earnings 8/5 After Close [est] 

Sunrun Option Alert: Nov 21 $8 Puts at the Bid: 3780 @ $2.36 vs 428 OI; Earnings 8/5 After Close [est] Ref=$7.5485

Sunrun Option Alert: Jun, 2026 $8 Puts at the Bid: 6120 vs 2078 OI; Earnings 8/5 After Close [est] 

Sunrun Option Alert: Jun, 2026 $8 Puts at the Bid: 6120 @ $3.16 vs 2078 OI; Earnings 8/5 After Close [est] Ref=$7.455

Sunrun (NASDAQ:RUN) 株価情報

SUNRUN INC

Sunrun

Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.

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FSLR

SEDG

SPWR

水曜日、議会議員が中国の太陽光発電会社に対する調査を求めるという報道が出たことを受け、ファースト・ソーラー、イング、サンパワーコーポレーションなどの太陽光関連株が大幅に急伸しました。

中国の太陽光発電会社などに調査　米国議会

Sunrun Inc

Rune - United States Dollar

REUNION INDUSTRIES INC by Reunion Industries, Inc.

Reunion Industries Inc

Running Oak Efficient Growth ETF

RUNNING FOX RES CORP by Running Fox Resource Corp.

Running Fox Resource Corp

Runway Growth Finance Corp. - Common Stock

Runway Growth Finance Corp

Runway Growth Finance Corp. - 7.50% Notes due 2027

Runway Growth Finance Corp. - 8.00% Notes due 2027

U.S. equities opened higher on the final trading day of the first half, with tech-heavy indexes extending record highs by midday <a href="https://www.benzinga.com/markets">trading in New York.</a>
Risk appetite remained firm as geopolitical tensions eased and hopes grew that upcoming U.S. trade talks could yield tangible progress. Market sentiment was further supported by rising expectations of a Federal Reserve rate cut, with Fed futures currently assigning a 93% chance of a rate cut in September.
The S&amp;P 500 and Nasdaq 100 rose 0.4% and 0.6%, respectively, while the Dow Jones Industrial Average climbed nearly 200 points, breaking above the 44,000 mark.
President Donald Trump signaled openness to extending the July 9 deadline for reinstating reciprocal tariffs, adding that he remained optimistic about reaching key agreements in the coming weeks. Meanwhile, Canada's withdrawal of its digital services tax helped improve the outlook for U.S. tech firms and reignited momentum in trade negotiations with Washington.
In currency markets, the U.S. Dollar Index is set for its fifth consecutive monthly decline, marking its longest losing streak since 2017 and its worst half-year performance since 1991, with a 10.5% drop year-to-date.
Treasury yields edged lower, with the 10-year yield dipping to 4.25% and the 30-year yield retreating to 4.80%, snapping a three-month streak of increases.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slipped 1% to $107,330, consolidating after a strong second-quarter rally of 30%.
See Also: <a href="https://www.benzinga.com/markets/forex/25/06/46175116/weaker-dollar-stocks-beneficiaries-foreign-revenue">Dollar&#8217;s Biggest Crash In Decades: These 7 Stocks Could Win Big</a>
<h1 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day chg. %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>22,668.63</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,027.78</td>
<td>0.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,196.12</td>
<td>0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,173.65</td>
<td>0.1 %</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:40 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.4% to $617.00.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.5% to $440.00.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;soared 0.5% to $550.93.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) inched 0.2% higher $215.86.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 0.8%; the&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) lagged, down 0.6%.</li>
</ul>
<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>
<ul class="wp-block-list">
<li>Hewlett Packard Enterprise (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) shares jumped 13% after reaching a settlement with the U.S. Department of Justice over its $14 billion acquisition of Juniper Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>), pending final court approval.</li>
<li>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) shares rose 9% to $163 after the U.S. Senate advanced a bill preserving solar leasing tax credits.</li>
<li>Other solar stocks also rallied, with SolarEdge Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>), up 5% and SunRun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>), up 15%. Read now:</li>
<li><a href="https://www.benzinga.com/news/25/06/46171994/emerging-markets-stocks-dollar-outlook">A Weaker Dollar Just Unlocked A Surprise 2025 Winner — And Smart Money Is Moving In</a> Photo: khunkornStudio via Shutterstock</li>
</ul>

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

Tech

Trading Ideas

ETFs

$BTC

SPDR Dow Jones Industrial Average ETF Trust

JNPR

Select Sector SPDR-Consumer Discretionary

Wall Street Extends Record Highs, Dow Jones Hits 44,000: What's Driving Markets Monday?

Clean energy stocks reacted on Monday after President Donald Trump's new spending bill introduced a tax on wind and solar projects that use components made in China and accelerated the phase-out of tax credits compared to earlier versions <a href="https://www.benzinga.com/news/politics/25/06/46166058/elon-musk-birthday-trump-tax-bill-economy">of the legislation.</a>
The Details: Shares of major companies dropped, with NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>)—the largest U.S. energy developer—down 4%, and solar firms like Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) and Nextracker, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) declining between 4% and 9%.
Read Next: <a href="https://www.benzinga.com/markets/tech/25/06/46130084/cathie-woods-alpha-surge-250-million-circle-windfall-big-amd-buys?utm_source=articleShare">Cathie Wood&#8217;s Alpha Surge: $250 Million Circle Windfall, Big AMD Buys</a>
The Senate is preparing to vote on the bill, which would eliminate the two main tax incentives for solar and wind projects that begin operations after 2027, according to <a href="https://www.cnbc.com/2025/06/30/solar-stocks-fall-as-trump-bill-taxes-components-from-china.html">CNBC</a>. 
Elon Musk, CEO of Tesla, criticized the bill on X, calling it "utterly insane and destructive" and warning it would destroy American jobs and harm the country's strategic interests while favoring older industries over emerging ones.
Earlier versions of the bill were more favorable to clean energy, allowing projects started before 2027 to qualify for investment and production tax credits. The newest version of the bill also imposes a tax on solar and wind projects that begin after 2027 if they include Chinese-made components.
Despite the overall negative impact, some areas benefited: rooftop solar companies saw gains, with Sunrun, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) shares rising over 7% and SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) up more than 3%. 
The bill appears to preserve tax credits for leased rooftop systems through the end of 2027, a change from previous drafts.&nbsp;
First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock also rose by more than 8%, as the legislation seems to maintain manufacturer credits for components and products. 
Why It Matters: GLJ Research analyst Gordon L. Johnson II recently downgraded Sunrun&#8217;s stock from Hold to Sell, <a href="https://www.benzinga.com/analyst-stock-ratings/downgrades/25/06/45981680/sunrun-receives-downgrade-as-analyst-warns-business-model-relies-on-inflated-system-values-for-tax-credits" target="_blank" rel="noopener">stating that the</a> Senate&#8217;s spending bill poses a potential existential threat to Sunrun and other industry players.
The analyst said that the only thing keeping Sunrun afloat has been its ability to securitize loans or power purchase agreements (PPAs), bringing in new funds to cover gaps between actual and reported O&amp;M expenses. 
Should the Senate bill pass and Sunrun and its competitors lose the ability to securitize, Johnson warned the company would quickly become unable to service its systems, with sponsor equity investors likely to exit rapidly.
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46117473/sofi-stock-gets-supercharged-with-return-to-crypto?utm_source=articleShare">SoFi Stock Gets Supercharged With Return To Crypto</a></li>
</ul>
Image: Shutterstock&nbsp;

Politics

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ARRY

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Trump's Big Bill Rocks Clean Energy Stocks, Except Rooftop Solar

<a href="https://www.politico.com/live-updates/2025/06/30/congress/murkowski-plans-amendment-to-ease-solar-wind-tax-credit-phaseouts-00432508" title="https://www.politico.com/live-updates/2025/06/30/congress/murkowski-plans-amendment-to-ease-solar-wind-tax-credit-phaseouts-00432508">https://www.politico.com/live-updates/2025/06/30/congress/murkowski-plans-amendment-to-ease-solar-wind-tax-credit-phaseouts-00432508</a>

General

CSIQ

SHLS

TSLA

'Murkowski Plans Amendment To Ease Solar, Wind Tax Credit Phaseouts' - Politico

Global

Live On CNBC, Director Of The National Economic Council Of The U.S. Says Solar Is Going To Be In People's Grids, There's Not A Penalty

WIIM

Shares of solar stocks are trading lower. The sector has been volatile amid uncertainty surrounding solar credits in the budget bill.

Wells Fargo analyst Michael Blum maintains Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) with a Overweight and lowers the price target from $10 to $8.

Price Target

Analyst Ratings

Wells Fargo Maintains Overweight on Sunrun, Lowers Price Target to $8

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
Escalating tensions between Israel and Iran, and President Donald Trump's renewed attacks on Fed Chair Jerome Powell, unsettled markets this week. The Federal Reserve held rates at 4.25-4.5%, cut its 2026 rate‑cut outlook, and signaled two cuts in 2025 amid growing inflation concerns. Trump called Powell "an American disgrace," renewing calls for outsized rate cuts.
Markets fluctuated on geopolitical and central‑bank uncertainty. Energy and defense stocks lagged, while treasury yields climbed modestly as investors weighed inflation risks. Renewables fell following proposed tax‑credit rollbacks.
Looking ahead, investors are watching Fed nominations — Trump hinted at replacing Powell — as well as developments in the Middle East and next week's economic data. Any signals on Fed independence or geopolitical escalation could significantly sway sentiment.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls
<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46030182/circle-stock-rockets-540-cathie-wood-says-weve-just-begun">"Circle stock rockets 540%: Cathie Wood says ‘we've just begun'"</a>, by Erica Kollmann, reports that Circle Internet Group Inc. (NYSE: CRCL) shares have surged 540% since their June 5 IPO — hitting $199.59 — after a Senate vote on the GENIUS Act and bullish remarks from ARK Invest's Cathie Wood, who said "we've just begun on a very big journey here."
<a href="https://www.benzinga.com/markets/commodities/25/06/45994711/uranium-stocks-on-11-week-tear-their-longest-winning-streak-in-history">"Uranium stocks on 11‑week tear — their longest winning streak in history"</a>, by Surbhi Jain, reports that uranium equities and ETFs — including Global X Uranium ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URA#NYSE">URA</a>) and Sprott Uranium Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URNM#NYSE">URNM</a>) — have rallied for 11 consecutive weeks, marking their longest uninterrupted winning streak on record.
<a href="https://www.benzinga.com/trading-ideas/movers/25/06/46007657/gorilla-technology-stock-surges-on-q1-earnings-as-momentum-builds">"Gorilla Technology stock surges on Q1 earnings as momentum builds"</a>, by Adam Eckert, reports that Gorilla Technology Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRRR#NASDAQ">GRRR</a>) shares climbed sharply after Q1 results showed revenue doubled to $18.26 million year-over-year and adjusted earnings swung to a $0.23 profit from a $1.47 loss, while its $5 billion pipeline and $33.8 million cash position bolstered investor confidence.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/health-care/25/06/45999930/aptevo-therapeutics-touts-data-from-investigational-drug-trial-for-aggressive-blood-cancer">Aptevo Therapeutics Touts Data From Investigational Drug Trial For Aggressive Blood Cancer</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/06/46007657/gorilla-technology-stock-surges-on-q1-earnings-as-momentum-builds">Oklo Stock Is Rising Again: What's Going On?</a>
<a href="https://www.benzinga.com/markets/tech/25/06/45982049/vertiv-holdings-stock-25-off-highs-is-now-riding-nvidias-ai-wave">Vertiv Holdings Stock, 25% Off Highs, Is Now Riding Nvidia's AI Wave</a>

The Bears
<a href="https://www.benzinga.com/analyst-stock-ratings/downgrades/25/06/45981680/sunrun-receives-downgrade-as-analyst-warns-business-model-relies-on-inflated-system-values-for-tax-credits">"Sunrun receives downgrade as analyst warns business model relies on inflated system values for tax credits"</a>, by Anusuya Lahiri, reports that Sunrun Inc. (NASDAQ: RUN) was downgraded to Sell by GLJ Research's Gordon L. Johnson II, who warned that the company depends on overstating solar system values to claim tax credits — an exposure that the pending Senate bill could curtail and threaten its cash flow.
<a href="https://www.benzinga.com/news/travel/25/06/45983684/jetblue-ceo-more-cuts-ahead-as-airline-faces-prolonged-losses">"JetBlue CEO: More cuts ahead as airline faces prolonged losses"</a>, by Erica Kollmann, reports that CEO Joanna Geraghty warned employees that weak travel demand has forced JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) to implement further flight and cost reductions and to delay its break-even target, potentially prolonging losses despite planned capacity cuts and route eliminations.
<a href="https://www.benzinga.com/trading-ideas/technicals/25/06/46000107/mcdonalds-stock-slips-below-200-day-line-can-the-big-arch-reverse-the-slide">"McDonald's stock slips below 200‑day line — can ‘The Big Arch' reverse the slide"</a>, by Surbhi  Jain, reports that McDonald's Corp. (NYSE: MCD) shares have fallen below their 200‑day moving average — alongside key technical indicators like an RSI of 25.75 and a bearish MACD — while options markets reflect little optimism despite the launch of the "Big Arch" burger.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/markets/earnings/25/06/45984979/beyond-air-stock-dips-after-mixed-q4-results-heres-what-to-know">Beyond Air Stock Dips After Mixed Q4 Results: Here's What To Know</a>
<a href="https://www.benzinga.com/cannabis/25/06/45997534/canadian-medical-marijuana-firm-aurora-cannabis-expects-weak-demand-in-international-market">Canadian Medical Marijuana Firm Aurora Cannabis Expects Weak Demand In International Market</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45995637/houston-american-energy-stock-is-sinking-wednesday-heres-why">Houston American Energy Stock Is Sinking Wednesday: Here's Why</a>

Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
Image created using artificial intelligence via Midjourney.

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APVO

CRCL

GRRR

HUSA

JBLU

OKLO

URNM

XAIR

Benzinga Bulls And Bears: Circle, Sunrun, JetBlue — And Mideast Has Markets Nervous

Investor caution dominated Wall Street this week, as escalating tensions between Israel and Iran fueled fears of potential U.S. involvement. Plus, the Federal Reserve's decision to keep rates as is peeved President Donald Trump.
The Federal Reserve kept interest rates steady at 4.25%-4.5% for the fourth consecutive meeting, <a href="https://www.benzinga.com/markets/economic-data/25/06/46004338/no-rate-cuts-yet-fed-flags-slower-growth-sticky-inflation">reaffirming its cautious stance. </a>
Overall economic uncertainty has &#8220;diminished&#8221; since March, but the Fed warns that risks remain elevated. Policymakers maintain their median projection of two rate cuts in 2025, while trimming the 2026 outlook from three cuts to two — signaling a slightly more hawkish stance.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/46035360/stock-market-today-news-sp500-nasdaq-trump-iran-bitcoin">S&amp;P 500 Extends Retreat From Highs, Bitcoin Falls Below $103,000: What&#8217;s Driving Markets Friday?</a>
<h3 class="wp-block-heading">Powell Defends The Decision</h3>
Federal <a href="https://www.benzinga.com/news/politics/25/06/45999380/trump-powell-again-markets-breathe-iran-rejects-demands">Reserve Chair Jerome Powell</a> defended the pause. He argues that while inflation has moderated, it is still too high to justify rate reductions. He cited new inflationary pressures stemming from tariffs tied to <a href="https://www.benzinga.com/topic/tariffs">trade policy changes</a>.
The Fed now forecasts 2025 headline inflation at 3%, up from 2.7% in March. Meanwhile, GDP growth was revised downward to 1.4% in 2025, from a prior estimate of 1.7%.
However, in a Friday interview with CNBC, Federal Reserve Governor Christopher Waller said the U.S. central bank could start cutting interest rates <a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46035535/fed-guv-says-rate-cuts-july-rate-sensitive-etfs-fed-pivot-looms">as early as July</a>.
Waller is a Trump appointee.
Trump, meanwhile, took to calling Powell names in a social media post, labeling the Fed Chair "an American disgrace," arguing that the Fed&#8217;s inaction costs the U.S. billions in higher interest payments.
Federal Housing Finance Agency Director Bill Pulte echoed the sentiment, calling for Powell's immediate resignation and blaming him for damaging the housing market. <a href="https://www.benzinga.com/markets/25/06/45814493/its-a-buyers-market-redfin-reports-there-are-34-more-sellers-in-the-market-than-buyers" target="_blank" rel="noreferrer noopener">Homes are sitting on the market</a> for weeks or even months while <a href="https://www.benzinga.com/news/25/03/44218740/kevin-oleary-says-prices-arent-going-down-eggs-energy-and-housing-remain-sky-high-but-he-thinks-its-part-of-a-bigger-strategy" target="_blank" rel="noreferrer noopener">prices remain sky high</a> and <a href="https://www.benzinga.com/money/mortgage-rates" target="_blank" rel="noreferrer noopener">mortgage rates</a> remain near 6.8%.
Read Also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46006680/powell-holds-line-on-interest-rates-blames-tariff-uncertainty-for-delay-in-cuts">Why Powell Held Rates Steady, And What Trump&#8217;s Iran Comments Could Mean For Markets</a>
<h3 class="wp-block-heading">Energy Sector</h3>
Oil prices, which spiked in the prior week, steadied near $73 per barrel. Powell dismissed parallels with the 1970s oil shocks, stating that while further price spikes are possible, they are unlikely to generate persistent inflationary effects.
Meanwhile, two major Congressional developments shaped market action. The Senate's draft tax bill proposed phasing out clean energy and solar tax credits earlier than anticipated, sparking a steep sell-off in renewables. 
<ul class="wp-block-list">
<li>First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) tumbled 13% on the week</li>
<li>Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) dropped 18%, and </li>
<li>Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) plunged 35%.</li>
</ul>
On The Crypto Front: Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) surged 27% on the week after the Senate passed a bill establishing a federal framework for dollar-pegged cryptocurrencies, known as stablecoins.
The bill offers what its supporters argue is <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46025145/saks-stablecoin-bill-treasury-buying-trump-ties-cloud-push">long-awaited regulatory clarity</a> that could unleash capital from institutional investors. Critics, mostly Democrats, say it&#8217;s a conflict of interest <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45995223/genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum">for the Trump family</a>.
Now Read:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/eurozone/25/06/46026714/this-rare-market-dynamic-preceded-the-dot-com-crash-its-back-in-2025">This Rare Market Dynamic Preceded The Dot-Com Crash — It&#8217;s Back In 2025 </a></li>
</ul>
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Equities

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Large Cap

Regulations

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COIN

Wall Street Wavers As Geopolitical Tensions Flare, Trump Renews Attacks On Fed Chair Powell: This Week In Markets

Shares of Sunrun Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) cratered by more than 40% Tuesday, leading a widespread downturn in the solar energy sector. Following Tuesday&#8217;s dramatic sell-off, shares are staging a modest recovery in early Wednesday trading.
What To Know: Tuesday&#8217;s sharp sell-off followed the unveiling of a <a href="https://www.benzinga.com/markets/tech/25/06/45971345/sunrun-first-solar-plunge-solar-stocks-hit-hard-by-trump-tax-bill-latest">new tax bill</a> by the U.S. Senate Finance Committee that proposes a significant rollback of renewable energy incentives.
The draft legislation, spearheaded by Senate Republicans, aims to accelerate the phase-out of tax credits for solar and wind energy, incentives that were originally bolstered by the Inflation Reduction Act of 2022. 
The new proposal would slash these credits to 60% of their value by 2026, dropping to 20% in 2027 before being completely eliminated for projects beginning after 2028.
Read Also: <a href="https://www.benzinga.com/news/25/06/45998126/nike-expectations-too-high-analyst-cuts-price-target-ahead-earnings">Nike Expectations &#8216;Too High,&#8217; Analyst Cuts Price Target Ahead Of Earnings</a>
Adding to the industry&#8217;s woes, the bill also seeks to <a href="https://www.benzinga.com/markets/tech/25/06/45971345/sunrun-first-solar-plunge-solar-stocks-hit-hard-by-trump-tax-bill-latest">terminate</a> residential solar tax credits and consumer incentives for energy efficiency upgrades within 180 days of its enactment. This potential legislative shift sent shares of top renewable energy players tumbling in Tuesday&#8217;s trading.
In a contrasting move, the proposed bill extends tax incentives for nuclear energy until 2036, signaling a potential pivot in federal energy policy and boosting stocks in that sector. While Senate Republicans are pushing for a swift passage of the bill before the July 4th recess, the legislative timeline remains fluid.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, Sunrun&#8217;s stock is surging 5% Wednesday morning to $6.07, putting pressure on bearish investors as its short interest remains significantly high at 31.41% of the float.
Read Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45995593/whats-going-on-with-ast-spacemobile-stock-3">What&#8217;s Going On With AST SpaceMobile Stock?</a>
<h2 class="wp-block-heading">How To Buy RUN Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Sunrun&#8217;s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Image: Shutterstock

Sunrun (RUN) Stock Is Rising: What's Going On?

RBC Capital analyst Christopher Dendrinos downgrades Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) from Outperform to Sector Perform and lowers the price target from $12 to $5.

Downgrades

RBC Capital Downgrades Sunrun to Sector Perform, Lowers Price Target to $5

Elon Musk has voiced concerns over the future of American energy independence in response to his brother Kimball Musk and Jesse Peltan, co-founder and CTO of HODL Ranch, about the impact of new legislation on renewable energy growth.
What Happened: Kimball Musk&#8217;s post criticized President Donald Trump&#8216;s &#8216;Big, Beautiful Bill&#8217; that he believes will halt the growth of solar and wind energy in the United States. He argued that the bill would necessitate the construction of 25 new natural gas plants per year to replace the renewable energy growth that the bill would terminate. 
&#8220;The new bill will drive solar and wind energy growth to zero. Zero,&#8221; posted Kimball Musk
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">American Energy Independence is critical to our national security. The new bill will drive solar and wind energy growth to zero. Zero. Where are we going to get our energy from to compete with China? We will need 25 new natural gas plants built per year to replace our…
&mdash; 
</blockquote></div></figure>

Elon Musk Echoes Brother's Frustration Over Trump's 'Big Beautiful Bill' Ending Green Tax Credits: 'They Sure Don't...'

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 150 points on Tuesday.
The Dow traded down 0.70% to 42,217.89 while the NASDAQ fell 0.87% to 19,530.08. The S&amp;P 500 also fell, dropping, 0.79% to 5,985.31.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/dividends/25/06/45968628/wall-streets-most-accurate-analysts-weigh-in-on-3-financial-stocks-with-over-15-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 15% Dividend Yields</a>
Leading and Lagging Sectors Energy shares jumped by 1.4% on Tuesday.
In trading on Tuesday, health care stocks fell by 0.7%.
Top Headline
Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) reported better-than-expected third-quarter results on Tuesday.
The company reported quarterly adjusted earnings per share of $2.55, beating the analyst consensus estimate of $2.31. Quarterly sales of $7.83 billion outpaced the analyst consensus estimate of $7.06 billion.
This positive performance was further bolstered by an optimistic outlook for the upcoming quarter and fiscal year 2025, and a significant investment announcement for expanding its footprint in the Southeast United States, specifically to support cloud and AI data center infrastructure customers.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>Processa Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCSA#NASDAQ">PCSA</a>) shares shot up 113% to $0.48 after the company signed a binding term sheet granting Intact Therapeutics an exclusive option to license PCS12852 for gastroparesis.</li>
<li>Shares of Acurx Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACXP#NASDAQ">ACXP</a>) got a boost, surging 144% to $0.75 after the company announced publication of its Phase 2 ibezapolstat study results in The Lancet.</li>
<li>CERo Therapeutics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) shares were also up, gaining 258% to $24.62 after the company received FDA Orphan Drug Designation for CER-1236 for the treatment of acute myeloid leukemia.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Stardust Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) shares dropped 55% to $0.17 after the company announced the pricing of a $4.3 million public offering of 21.5 million shares at $0.20 per share.</li>
<li>Shares of Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) were down 42% to $5.64 after GLJ Research downgraded the stock from Hold to Sell. Keybanc analyst Sophie Karp also downgraded Sunrun from Sector Weight to Underweight.</li>
<li>Solaredge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) was down, falling 37% to $15.04 after GLJ Research downgraded the stock from Hold to Sell. Keybanc analyst Sophie Karp downgraded the stock from Sector Weight to Underweight.</li>
</ul>
Commodities In commodity news, oil traded up 3.7% to $74.43 while gold traded down 0.4% at $3,403.10.
Silver traded up 2.1% to $37.215 on Tuesday, while copper fell 1.2% to $4.7805.
Euro zone
European shares were lower today. The eurozone's STOXX 600 declined 0.72%, while Spain's IBEX 35 Index dipped 1.23%. London's FTSE 100 fell 0.39%, Germany's DAX 40 declined 0.88% and France's CAC 40 fell 0.70% during the session.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei gaining 0.59%, Hong Kong's Hang Seng Index falling 0.34%, China's Shanghai Composite falling 0.04% and India's BSE Sensex falling 0.26%.
Economics
<ul class="wp-block-list">
<li>U.S. retail sales fell 0.9% month-over-month in May compared to a revised 0.1% decline in April and versus market estimates of a 0.7% fall.</li>
<li>U.S. import prices came in unchanged from the previous month in May, while export prices declined 0.9% month-over-month in May.</li>
<li>U.S. industrial production declined 0.2% in May, versus market estimates of a 0.1% gain.</li>
<li>The NAHB/Wells Fargo Housing Market Index declined two points to 32 for June, recording the lowest reading since December 2022.</li>
<li>U.S. business inventories came in flat month-over-month in April following a 0.1% gain in the previous month.</li>
</ul>
Now Read This:
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<li> <a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45970767/top-3-health-care-stocks-that-are-ticking-portfolio-bombs">Top 3 Health Care Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

Earnings

Eurozone

Commodities

Intraday Update

ACXP

CERO

PCSA

SDST

Crude Oil Rises Sharply; Jabil Earnings Top Views

Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) shares are trading lower on Tuesday after GLJ Research analyst Gordon L. Johnson II issued a <a href="https://www.benzinga.com/quote/RUN/analyst-ratings" target="_blank" rel="noreferrer noopener">downgrade for the stock</a> from Hold to Sell.
Johnson noted the underlying equity is worthless unless SunRun can inflate the value of its solar systems to collect tax credits.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45971345/sunrun-first-solar-plunge-solar-stocks-hit-hard-by-trump-tax-bill-latest" rel="noreferrer noopener">Sunrun, First Solar Plunge—Solar Stocks Hit Hard By Trump Tax Bill: Latest</a>
SunRun&#8217;s first-quarter 2025 financial disclosure, he said, currently has over one million systems on its balance sheet.
Johnson said that assuming each of SunRun&#8217;s systems is underwater by ~$600, SunRun burns $644.56 million annually in cash when considering the current systems it has in service, which assumes the company has stopped growing.
But, if SunRun stops growing, it cannot plug the -$644.56 million annual cash burn, creating a circular problem (the more SunRun grows, the more cash it burns), the analyst noted.
One of the benefits of perpetually understating O&amp;M costs is that it allows the overstatement of the value of the systems, enabling companies like SunRun, Sunnova and SunPower to claim tax credits beyond what would otherwise be available, he noted.
However, as detailed in the language from the U.S. Senate&#8217;s tax-and-spend bill, Johnson noted that residential solar finance companies would no longer be able to sell tax credits to third parties, which is potentially an existential threat to both SunRun and SolarEdge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) and, to a lesser extent, Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>). Also, the analyst said the 45 times credits for solar production were left unchanged, marking an incremental positive for First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>).
In short, he noted that removing SunRun&#8217;s ability to sell tax credits to third parties and considering the company&#8217;s never making money creates a massive problem.
According to Johnson (like Sunnova and SunPower before it), covering the ~$600 per system hole inherent in SunRun&#8217;s business will quickly overwhelm the company, barring its ability to overstate the value of its systems and then garner tax credits on these overstated values. 
The key factor allowing SunRun to stay afloat has always been its ability to securitize loans or PPAs, bringing in hundreds of millions of new dollars each year, as per the analyst. 
He said that the company&#8217;s ability to securitize allowed it to cover the gap in its real O&amp;M expenses versus those it represented to the investing public. Yet, with the ability to securitize no longer there for SunRun (should the Senate&#8217;s version of the tax-and-spend pass), the company will quickly be unable to service its systems, Johnson said. 
The analyst noted that this task would fall on the sponsor equity, draining most of its cash flow, as it is below the tax equity investors in the partnership flip capital stack. This also means the sponsor equity investors in SunRuns&#8217; asset-backed security (&#8220;ABS&#8221;) bonds will quickly &#8220;head for the hills,&#8221; he added.
RUN Price Action: RUN stock is down 39.32% at $5.85 at publication on Tuesday.
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Photo: Shutterstock

Sunrun Receives Downgrade As Analyst Warns Business Model Relies On Inflated System Values For Tax Credits

Wall Street took a sharp and unexpected turn lower by midday Tuesday as geopolitical fears surged following an Axios News report that President Donald Trump will meet with his national security team in the White House Situation Room to decide U.S. policy regarding the escalating war <a href="https://www.benzinga.com/topic/middle-east">between Israel and Iran.</a>
According to <a href="https://www.axios.com/2025/06/17/trump-situation-room-meeting-iran-israel-war">Axios</a>, U.S. officials said Trump is seriously considering direct military intervention, including a potential strike on Iran's underground uranium enrichment facility in Fordow. The situation began unfolding after Trump abruptly left the G7 summit in Canada late Monday and called for Iran's "unconditional surrender" on Tuesday.
Iran swiftly responded by ordering evacuations in Tel Aviv and Haifa, intensifying fears of regional war.
Major U.S. stock indexes fell in midday trading, as investors digested the threat of U.S. involvement in another Middle East conflict.
<h3 class="wp-block-heading">Stocks Fall, Solar Sector Gets Hammered By Senate Bill</h3>
The S&amp;P 500 declined 0.5% to 6,000 points, and the Nasdaq 100 slid by over 130 points, or 0.6%, to 21,800.
Volatility spiked during the session as the CBOE Volatility Index, commonly known as the VIX or Wall Street&#8217;s fear index, surged 7.6%. 
Treasury yields plunged, with 30-year yields down 6 basis points to 4.90%. The dollar rallied reflecting appetite for safe havens. 
Oil price soared 1% to $72.5 a barrel. Sector-wise, energy was the lone area in the green, buoyed by expectations of rising crude prices if the Middle East conflict intensifies. 
In contrast, the consumer discretionary and healthcare sectors led the market's losses, with the latter penalized by fresh advertising restrictions.
Defense contractors rallied sharply as the specter of military conflict lifted expectations for increased government defense spending. RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) advanced 1.2%, Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) climbed 2.9% and Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) gained 1.6% by midday.
Meanwhile, a draft version of the Senate's "Big Beautiful Bill" revealed plans to phase out all federal tax credits for solar and wind energy projects by 2028. These incentives were established under the 2022 Inflation Reduction Act.
The announcement triggered a broad selloff across solar-related stocks. The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) plunged 9% in midday trading. Among individual names, Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) collapsed 40%, SolarEdge Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) dropped 35%, and Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) fell 25%. Industry bellwether First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) lost 18%.
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,325.26</td>
<td>-0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,000.66</td>
<td>-0.5%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,809.24</td>
<td>-0.6%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,108.55</td>
<td>-0.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 1:30 p.m. ET</figcaption></figure>
Read Next:
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<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45978856/federal-reserve-rate-cuts-trump-tariffs-what-to-watch-wednesday">No Rate Cuts Yet, Fed Wants To See Where Tariffs Land: Here&#8217;s What To Watch Wednesday</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Sector ETFs

Bonds

Forex

Wall Street Drops As Trump Weighs Iran Action, Defense Stocks Jump: What's Driving Markets Tuesday?

<h3>Gainers</h3>
<ul>
<li>Robin Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBNE#NASDAQ">RBNE</a>) shares moved upwards by 134.2% to $12.93 during Tuesday's regular session. The market value of their outstanding shares is at $30.8 million. </li>
<li>BGSF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGSF#NYSE">BGSF</a>) stock rose 36.68% to $5.49. The market value of their outstanding shares is at $61.0 million. </li>
<li>Icon Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICON#NASDAQ">ICON</a>) stock increased by 16.08% to $2.67. The market value of their outstanding shares is at $5.8 million. </li>
<li>Fluence Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>) stock moved upwards by 13.27% to $5.67. The market value of their outstanding shares is at $741.8 million. </li>
<li>Micropolis Hldgs (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MCRP#AMEX">MCRP</a>) shares increased by 12.27% to $3.2. The market value of their outstanding shares is at $111.6 million. </li>
<li>Aeries Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AERT#NASDAQ">AERT</a>) stock moved upwards by 11.11% to $1.1. The market value of their outstanding shares is at $49.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) shares decreased by 39.9% to $5.8 during Tuesday's regular session. The market value of their outstanding shares is at $1.3 billion. </li>
<li>AgEagle Aerial Sys (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#AMEX">UAVS</a>) stock decreased by 19.61% to $1.23. The company's market cap stands at $17.1 million. </li>
<li>Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>) stock declined by 18.82% to $1.57. The market value of their outstanding shares is at $126.4 million. </li>
<li>CDT Envirn Tech Inv Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDTG#NASDAQ">CDTG</a>) stock fell 18.34% to $1.12. The company's market cap stands at $13.8 million. </li>
<li>Redwire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) shares declined by 18.24% to $16.82. The company's market cap stands at $2.1 billion. </li>
<li>BingEx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLX#NASDAQ">FLX</a>) stock declined by 17.94% to $3.02. The market value of their outstanding shares is at $214.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Advanced Environmental Recycling Technologies

AERT

BGSF

CDTG

FLNC

ICON

MCRP

RBNE

UAVS

12 Industrials Stocks Moving In Tuesday's Intraday Session

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.16% to 42,448.43 while the NASDAQ fell 0.35% to 19,633.04. The S&amp;P 500 also fell, dropping, 0.23% to 6,019.32.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/dividends/25/06/45968628/wall-streets-most-accurate-analysts-weigh-in-on-3-financial-stocks-with-over-15-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 15% Dividend Yields</a>
Leading and Lagging Sectors Energy shares jumped by 1.4% on Tuesday.
In trading on Tuesday, health care stocks fell by 0.8%.
Top Headline
U.S. retail sales fell 0.9% month-over-month in May compared to a revised 0.1% decline in April and versus market estimates of a 0.7% fall.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>Processa Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCSA#NASDAQ">PCSA</a>) shares shot up 220% to $0.7219 after the company signed a binding term sheet granting Intact Therapeutics an exclusive option to license PCS12852 for gastroparesis.</li>
<li>Shares of Acurx Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACXP#NASDAQ">ACXP</a>) got a boost, surging 160% to $0.7990 after the company announced publication of its Phase 2 ibezapolstat study results in The Lancet.</li>
<li>CERo Therapeutics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) shares were also up, gaining 135% to $16.20 after the company received FDA Orphan Drug Designation for CER-1236 for the treatment of acute myeloid leukemia.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Stardust Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) shares dropped 56% to $0.1706 after the company announced the pricing of a $4.3 million public offering of 21.5 million shares at $0.20 per share.</li>
<li>Shares of Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) were down 43% to $5.50 after GLJ Research downgraded the stock from Hold to Sell. Keybanc analyst Sophie Karp also downgraded Sunrun from Sector Weight to Underweight.</li>
<li>Solaredge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) was down, falling 39% to $14.62 after GLJ Research downgraded the stock from Hold to Sell. Keybanc analyst Sophie Karp downgraded the stock from Sector Weight to Underweight.</li>
</ul>
Commodities In commodity news, oil traded up 2.1% to $73.30 while gold traded down 0.4% at $3,405.00.
Silver traded up 2% to $37.160 on Tuesday, while copper fell 0.7% to $4.8025.
Euro zone
European shares were lower today. The eurozone's STOXX 600 declined 0.8%, while Spain's IBEX 35 Index dipped 1.2%. London's FTSE 100 fell 0.5%, Germany's DAX 40 declined 0.8% and France's CAC 40 fell 0.7% during the session.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei gaining 0.59%, Hong Kong's Hang Seng Index falling 0.34%, China's Shanghai Composite falling 0.04% and India's BSE Sensex falling 0.26%.
Economics
<ul class="wp-block-list">
<li>U.S. retail sales fell 0.9% month-over-month in May compared to a revised 0.1% decline in April and versus market estimates of a 0.7% fall.</li>
<li>U.S. import prices came in unchanged from the previous month in May, while export prices declined 0.9% month-over-month in May.</li>
<li>U.S. industrial production declined 0.2% in May, versus market estimates of a 0.1% gain.</li>
<li>The NAHB/Wells Fargo Housing Market Index declined two points to 32 for June, recording the lowest reading since December 2022.</li>
<li>U.S. business inventories came in flat month-over-month in April following a 0.1% gain in the previous month.</li>
</ul>
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Photo via Shutterstock

US Stocks Lower; Retail Sales Decline In May

Shares of solar stocks are trading lower after the US Senate Finance Committee unveiled its version of President Donald Trump's tax bill which slashed renewable energy incentives.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>JP Morgan analyst Anthony Paolone downgraded FrontView REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVR#NYSE">FVR</a>) from Overweight to Neutral and lowered the price target from $14 to $12. FrontView REIT shares closed at $11.54 on Monday. <a href="https://www.benzinga.com/quote/fvr/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Scotiabank analyst Andres Coello downgraded the rating for Millicom International Cellular S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGO#NASDAQ">TIGO</a>) from Sector Outperform to Sector Perform and announced a $37 price target. Millicom Intl Cellular shares closed at $38.28 on Monday. <a href="https://www.benzinga.com/quote/TIGO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>GLJ Research analyst Gordon Johnson downgraded SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) from Hold to Sell and maintained the price target of $6.9. SolarEdge shares closed at $23.98 on Monday. <a href="https://www.benzinga.com/quote/SEDG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>GLJ Research analyst Gordon Johnson downgraded Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) from Hold to Sell and maintained the price target of $0.01. Sunrun shares closed at $9.64 on Monday. <a href="https://www.benzinga.com/quote/RUN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Sophie Karp downgraded Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) from Sector Weight to Underweight and announced a $31 price target. Enphase Energy shares closed at $44.93 on Monday. <a href="https://www.benzinga.com/quote/ENPH/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying ENPH stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/ENPH/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="552" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17092955/image-265-1024x552.png" alt="" class="wp-image-952304" style="width:594px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17092955/image-265-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17092955/image-265-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17092955/image-265-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17092955/image-265.png 1132w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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TIGO

This Enphase Energy Analyst Turns Bearish; Here Are Top 5 Downgrades For Tuesday

Keybanc analyst Sophie Karp downgrades Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) from Sector Weight to Underweight and announces $6 price target.

Keybanc Downgrades Sunrun to Underweight, Announces $6 Price Target

Solar stocks fell sharply on Tuesday after the U.S. Senate Finance Committee unveiled its version of President Donald Trump's tax bill which slashed <a href="https://www.benzinga.com/news/legal/25/05/45568107/solar-energy-stocks-drop-as-house-approves-major-rollback-of-climate-incentives">renewable energy incentives.</a>
The Details: The Senate's draft proposal calls for a complete phase-out of tax credits for both solar and wind energy by 2028, accelerating the rollback of incentives originally established under the Inflation Reduction Act of 2022.&nbsp;
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Under the new plan, credits for solar and wind projects would be reduced to 60% of their original value by 2026, drop to 20% in 2027, and be eliminated entirely for projects placed in service after 2028, according to Reuters.&nbsp;
The bill also proposes eliminating residential solar tax credits and consumer incentives for energy efficiency upgrades within 180 days of enactment, further tightening the landscape for renewable energy investments.
<h2 class="wp-block-heading">Solar Stocks React&nbsp;</h2>
Solar energy stocks responded swiftly to the Senate's proposal. In premarket trading Tuesday, shares of Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) plunged nearly 20%, Sunrun, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) fell more than 35%, SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) dropped 30% and First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) declined by about 17%.&nbsp;
<h2 class="wp-block-heading">Nuclear Stocks React</h2>
In contrast, the Senate's proposed bill extends tax incentives for nuclear energy until 2036, reflecting a shift in federal support toward these technologies. Shares of nuclear companies like Oklo, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>), NuScale Power Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) and Nano Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) moved higher in Tuesday's premarket trading.&nbsp;
<h2 class="wp-block-heading">Political Outlook&nbsp;</h2>
Senate Republicans are pushing to pass the legislation before the July 4 holiday, but the timeline remains uncertain due to procedural hurdles and possible amendments. GOP leaders may need to negotiate further which could push the bill's final passage into late July.
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Sunrun, First Solar Plunge—Solar Stocks Hit Hard By Trump Tax Bill: Latest

Press Releases

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Introducing Sunrun Flex, a Superior Solar and Storage Solution for Consumers

Sunrun Reports First Quarter 2025 Financial Results

Scanifly Integrates with SnapNrack  to Accelerate PV Design and Plan Set Workflows, Saving Installers 2+ Hours Per Project

Sunrun's Distributed Power Plant Capacity Surpasses 650 Megawatts, Ready to Support Grid Reliability Ahead of Summer Heat and Hurricanes

Sunrun Dispatches More Than 340 Megawatts of Power in Single Evening to Support the Grid from Coast to Coast

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Awareness Group Launches New Financing Options Citing Strong Performance Of Its Residential PPA

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The Awareness Group Has A Bold, Differentiated Vision For Building A National Platform Of Solar Energy Financing And Project Solutions – Introducing The TAG GRID

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
11:28 AMJun 27, 2025	PUT	$8.00	Nov 21, 2025	143	3820	3780	893	428	TRADE	BULLISH
10:41 AMJun 27, 2025	PUT	$8.00	Jun 18, 2026	352	0	6120	0	2078	TRADE	BULLISH

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