First Solar shines after UBS says new tax guidance brightens clean energy outlook

First Solar shares jumped 9% Monday after UBS named the solar panel maker a top pick, pointing to fresh IRS guidance that largely preserved 2030 tax credits for the industry. The decision clears a cloud that’s hung over the solar sector for more than a year.

UBS analysts said demand for US utility-scale solar projects is outpacing supply, fueled in part by Big Tech’s build-out of AI data centers with 100% clean energy targets. Analysts now see First Solar’s adjusted earnings growing to $32 per share by 2027, up from $12 per share last year.

The rally adds to momentum from earlier this month, when First Solar topped Q2 estimates and raised its full-year outlook. Rival Sunrun was also up about 8.4% Monday afternoon on the news and recently beat the Street’s forecasts amid record energy storage demand.

First Solar shares are now up 19% year to date.

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Luke Kawa17m

GameStop rallies after CEO Ryan Cohen purchases $10.6 million in company stock

Ryan Cohen isn’t waiting for any market cap and EBITDA performance milestones to get his hands on more shares of GameStop.

The CEO boosted his stake in the video game and collectibles retailer by roughly $10.6 million on Tuesday, purchasing 500,000 shares across a series of transactions at an average weighted price close to $21.12.

Shares are up nearly 2% in premarket trading on Wednesday.

Cohen owns approximately 8.45% of shares outstanding, making him the largest individual holder of the stock and the second-largest owner, trailing only index fund provider Vanguard. His last open market purchase of GameStop was on April 3, 2025 — also for 500,000 shares at a weighted price slightly higher than Tuesday’s buys.

GameStop recently announced a long-term pay package for Cohen that would tie his remuneration completely to the company and stock’s performance. If approved, it would see the CEO receive options that allow him to buy company stock at a discount if he’s able to concurrently achieve escalating levels of cumulative EBITDA and market cap milestones.

To receive the first tranche, Cohen would need GameStop to have the bottom-line results roughly on par with any three-year stretch of the 2010s, while attaining a market cap that the company only received on a closing basis during the 2021 meme stock episode.

During his tenure atop the company, Cohen has proven adept at controlling expenses and overseeing the rapid growth of GameStop’s collectibles business, resulting in the retailer generating positive cash flow from operations for a record six consecutive quarters.

Separately, board member Alain Attal also purchased about $251,000 in company stock on Tuesday.

Netflix sinks on lower-than-expected earnings forecast

Netflix’s report dropped on the same day it officially went all-cash in its bid for Warner Bros. Discovery.

Max Knoblauch15h

United Airlines rallies after Q4 earnings and Q1 profit guidance top estimates

Shares of United Airlines are rising after the bell on Tuesday, following the release of the carrier’s fourth-quarter and full-year earnings report.

United posted adjusted earnings per share of $3.10 in Q4, above the $2.92 per share expected by Wall Street analysts polled by Bloomberg. Sales of $15.4 billion were roughly in line with the consensus estimate.

The airline also:

Forecast full-year earnings per share between $12 and $14, bracketing Wall Street’s call for $13.04. For Q1, management sees EPS between $1.00 and $1.50, the midpoint of which is above the $1.16 expected by Wall Street.
Booked $13.93 billion in passenger revenue on the quarter, up nearly 5% year over year.

“Strong revenue momentum has continued into 2026,” according the company’s press release. “The week ending January 4th was the highest flown revenue week in United history, and the week ending January 11th was the highest ticketing week and the highest week for business sales in United history.”

UAL’s premium ticket revenue climbed 9% compared to a 7% increase in basic economy revenue. The “K-shaped economy” has become increasingly visible in travel trends at major US airlines. Last week, Delta’s revenue from first-class and business passengers eclipsed its main cabin revenue for the first time.

Luke Kawa

16h

Traders will soon have 3x as many opportunities to punt short-term options on the biggest US stocks

And that means 3x the opportunities for gamma/pin risk in the largest US stocks (and the biggest bitcoin ETF).

Craps, Roulette and Sports Betting Debuts at Seminole Hard Rock Hotel & Casino Hollywood

President Trump Delivers An Announcement From The Oval Office

Pharma largely unfazed as Greenland tariffs roil markets

Drugmakers, which have spent the past six months reaching tariff deals with Trump, seem to expect some immunity from a new batch of tariffs on European countries.

J. Edward Moreno19h

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