Trump's Big Beautiful Tax Bill Boosts Solar Stocks

About Trump's Big Beautiful Tax Bill Boosts Solar Stocks

The passage of Trump's "Big Beautiful" tax bill has sparked immediate gains in solar stocks. The bill eliminated a proposed tax on renewable energy projects, causing Sunrun to increase by 10%, SolarEdge to nearly 10%, and Enphase to rise 4%. Traders took profits from recent rallies, while Palantir fell 4%. With the Federal Reserve signaling potential rate cuts, investors may be shifting billions from tech to clean energy. This development suggests solar could become the next major investment trend.