Diamonds and Dogs
8/8/22
Clean energy stocks jump on Climate Clean Energy bill. First Solar (FSLR) is up 10% on an upgrade at Guggenheim to a buy as the analyst said the company is poised to benefit from Senate -passed Inflation Reduction Act to move more toward clean energy.
Nvidia (NVDA) lowers guidance. The chipmaker is down 4% as they preannounce second quarter sales will miss by 17% or $1.4 billion. Margins were also slashed. The company is blaming the weaker quarter on expected decline in gaming revenue. Nvidia will report earnings on August 24th.
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