Check out the companies making headlines before the bell. Solar stocks — Companies in the space got battered as the Senate’s version of President Trump’s tax bill would phase out renewable energy incentives . Shares of Enphase Energy dropped 20%, while First Solar and Sunrun slid 16% and 36%, respectively. SolarEdge Technologies pulled back 30%. Verve Therapeutics — Shares rallied 77% in the premarket after the gene editing company agreed to be acquired by Eli Lilly for $10.50 per share, a premium of 67.5% on the company’s last close. The deal, which is worth up to $1.3 billion, is expected to close in the third quarter. Eli Lilly shares fell slightly. Roku — The streaming stock popped 2% following an upgrade to a buy rating from hold at Loop Capital Markets. Analyst Alan Gould’s new price target to $100 — up from $80 — implies upside of 22%. Roku gained 10% on Monday after announcing an exclusive partnership with Amazon that would enable advertisers to reach roughly 80 million U.S. households. Microsoft — Shares fell nearly 1% after The Wall Street Journal, citing people familiar, reported tensions between Microsoft and OpenAI over their AI partnership have reached a boiling point. Lennar — Shares of the homebuilder rose 2.5% after revenue for the fiscal second quarter came in stronger than expected. Lennar reported $8.38 billion in revenue, more than the FactSet consensus of $8.18 billion. T-Mobile US — The telecommunication stock fell 4.4% after Bloomberg and Reuters reported that Softbank sold 21.5 million T-Mobile shares in an unregistered, overnight sale for $224 each. SoftBank raised about $4.8 billion, per the reports. — CNBC’s Fred Imbert, Lisa Han, Alex Harring, Sarah Min and Brian Evans contributed reporting.
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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© 2025 incapitalquest.com – All rights reserved.