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Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

Solana

Solana is trending as investors discuss its potential for continued growth, fueled by news of Galaxy Digital's significant SOL acquisitions. The community is also closely watching meme coins built on the Solana blockchain, particularly $WAGMI.X and $AINAL.X, with some suggesting they could be the next big thing.

$WAGMI is a community-driven meme token built on the Solana blockchain, designed to bring positivity, unity, and humor into the crypto space. The project encourages community engagement through memes, social interaction, and token-based activities. It leverages Solana’s fast and low-cost infrastructure to allow for smooth on-chain interactions, such as token transfers, community games, and NFT integration. The goal is to foster a fun, inclusive ecosystem where holders feel they are part of a larger movement – "We Are Gonna Make It."

WAGMI

WAGMI.X is trending as community members rally around its potential within the Solana meme coin ecosystem, drawing comparisons to Shiba Inu. The community emphasizes a shared belief in success and a strong, unified movement. Some are pointing to its strong community and that its chart may be indicating a breakout is near.

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.   Dogecoin was created by Billy Markus from Portland, Oregon and  Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.  The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.  To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a DOGE currency exchange and deposited some funds, you are ready to start trading.

Dogecoin

Dogecoin is trending as the community anticipates potential impacts from a possible ETF and monitors news regarding corporate accumulation of the crypto. Bullish sentiment and speculation about future price targets are prominent in community discussions. Some users are also referencing a potential rate cut.

Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet.   As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.  What is the Shiba Inu community working on right now? The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.

Shiba Inu

Shiba Inu is seeing mixed sentiment as the community debates its potential for significant gains compared to other meme coins like DOGE. Some traders are pointing to technical indicators suggesting a possible breakout, while others express frustration with its recent performance and question its long-term viability. Discussions also include potential new projects within the SHIB ecosystem.

Ainalyzr is a versatile and engaging platform designed to provide crypto traders with advanced tools and a fun, interactive environment. Powered by the Ainalyzr token, it offers real-time analysis of Solana-based tokens, gamified trading tools, and a space for users to explore market trends and make data-driven decisions. Ainalyzr merges functionality and entertainment, appealing to both seasoned and novice traders.

AInalyzr

AInalyzr ($AINAL.X) is gaining attention, with community members highlighting chart breakouts and anticipating significant upward movement. Many users are suggesting that it's an opportune time to accumulate, describing it as a "sleeper gem" and emphasizing the potential for substantial gains. The coin is associated with a Solana Phantom wallet.

Volatility Shares Trust - 2x Bitcoin Strategy ETF

Volatility Shares 2x Bitcoin Strategy ETF

BITX is trending as Bitcoin approaches new all-time highs, with community members actively discussing potential price targets and strategies involving leveraged ETFs. Discussions also revolve around the broader implications of Bitcoin's performance amid economic and political factors. Community members debate the merits of BITX versus holding Bitcoin directly or investing in companies like MicroStrategy.

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.  Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.  ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.  As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.  Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.   Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin

Litecoin is trending as the community anticipates a potential ETF approval in October, while some debate its long-term performance relative to other cryptocurrencies like Dogecoin. Discussions also revolve around Litecoin's underlying technology and recent price movements, as traders analyze potential breakout patterns. Additionally, the price movement of BTC is currently impacting the price of LTC.

Apu, also known as Peepo or Helper, is a pepe-variant that is used to represent a much younger, kinder and more naive anthropomorphic frog. Fed up with low-effort memecoins, more often than not led by deceptive developers, Apu decided to create his own fairly launched, fully transparent coin: $APU – the one and only coin for all frens.

Apu Apustaja 

$APU.X is trending as a notable meme coin from 4chan, with community members highlighting its strong community and potential for significant growth. The coin is gaining traction as a 4chan meme, with some suggesting it could follow in the footsteps of other successful meme coins. Recently, $APU.X was also listed on Hyperliquid, further fueling community excitement.

Pump.fun

$PUMP.X is gaining attention as a memecoin factory on the Solana blockchain, with the community actively discussing its potential for significant returns. Discussions revolve around the project's ecosystem, the $WAGMI.X community, and the belief that creator fees benefit holders in $SOL.X. Some traders are comparing its potential to previous memecoin successes like $DOGE.X and anticipating a substantial breakout.

Pitbull

Pitbull ($PIT.X) is trending as the community celebrates its decentralized nature and strong volume on the PIT/USDT pair, highlighting its community-driven approach with no team wallets or presales. Community members are emphasizing its continuous building and resilience over the past 4.5 years, attributing its success to the strength and dedication of its holders. The token's increased visibility on Dextools is also generating excitement.

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Zomato Ltd.

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HDFC Bank Ltd.

ITC Ltd.

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The U.S. Department of Commerce has imposed tariffs as high as 3,521% on solar equipment imported from four Southeast Asian nations, concluding a&nbsp;year-long trade probe that found manufacturers from Southeast Asia were undercutting domestic producers through unfair pricing and subsidies.The new measures build on broader tariffs introduced by President Donald Trump in early April.While domestic manufacturers welcomed the outcome, clean energy developers warn the tariffs could increase costs and delay projects.&nbsp;The Solar Energy Industries Association stated that the move could hinder the growth of U.S.-based panel assembly facilities that rely on imported components.&nbsp;“The U.S. Department of Commerce is out of step with the administration’s clean energy goals,” the group said in a statement.Supporters of the investigation, including the American Alliance for Solar Manufacturing Trade Committee, argued the duties were necessary. “This is a decisive victory for American manufacturing,” said Tim Brightbill, lead counsel to the group.<a href="https://stocktwits.com/symbol/FSLR">Shares of First Solar</a> (FSLR) rose as much as 10% on Tuesday, while shares of&nbsp;<a href="https://stocktwits.com/symbol/TE">T1 Energy</a> (TE), which recently launched operations in Texas, gained 9.2%.&nbsp;<a href="https://stocktwits.com/symbol/MAXN">Maxeon Solar Technologies</a> (MAXN) stock climbed 5%.Cambodian exporters that did not fully cooperate with the inquiry are facing the steepest penalties, including tariffs of 3,521%.&nbsp;Products made in Malaysia by Chinese manufacturer Jinko Solar will face some of the lowest duties, at just over 41%, while Trina Solar’s Thailand-made goods will be subject to a 375% duty.The final determination from the International Trade Commission is expected in June. The countervailing and anti-dumping tariffs vary based on&nbsp;the company and&nbsp;the country of origin.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/ecb-largard-says-trump-firing-powell-should-not-be-on-the-table/chQSwVVRbXV">ECB President Lagarde Hopes Firing Powell Is ‘Not On The Table’ Despite Trump’s Attacks</a>

Solar photovoltaic power generation project

US Solar Panel Tariffs Spark Debate: Manufacturers Cheer, Developers Warn Of Delays

The duties, reaching as high as 3,521%, conclude an investigation by domestic solar manufacturers who claimed that solar imports from Southeast Asia were unfairly subsidized.

Equity

Maxeon and Tongwei Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit

Maxeon and Tongwei Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit Maxeon and Tongwei Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit PR Newswire...

Shares of Maxeon Solar Technologies (MAXN) slipped nearly 7% in mid-day trade on Friday, ending the stock's&nbsp;eight-day rally set off by reports that the Biden administration may exempt Mexico from tariffs on imported solar equipment – a change that would primarily benefit Maxeon.According to&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2024-12-21/biden-mulls-tariff-break-for-solar-modules-from-mexico">Bloomberg</a>, citing people similar to the matter, senior officials within the Biden administration were weighing trade policy discussions involving Mexico and longstanding administration struggles to nurture domestic clean energy manufacturing without chilling solar power deployment that has for years relied on cheap foreign-made equipment.Maxeon’s solar panels have been detained at the Mexican border by the U.S. Customs and Border Protection (CBP) since Jul. 2024 while officials assess the company’s compliance with trade curbs meant to discourage alleged human rights abuses in China.&nbsp;According to the company’s latest statement on the issue, the detention has affected multiple product lines, including residential solar modules Maxeon 3 and Maxeon 6 and Performance 6 commercial modules.&nbsp;In November, the company announced a broad restructuring, shifting to focus exclusively on the US market and selling off other operations.<figure class="image"><img style="aspect-ratio:1297/296;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_27_134553_ca433e03fe.png" alt="Screenshot 2024-12-27 134553.png" width="1297" height="296"><figcaption>Maxeon Solar Technologies. Sentiment and Message Volume on Dec 27 as of 1:25 p.m. ET | Source: Stocktwits</figcaption></figure>Retail sentiment around the stock flipped to ‘extremely bullish’ from ‘neutral’ a day ago, as chatter increased to ‘high’ from ‘low’ levels.&nbsp;Investors on the platform believe that the company will come out ahead regardless of whether Mexico tariffs are exempt or increased, as expected when President-elect Donald Trump gets sworn in on Jan. 20.<stembedurl>https://stocktwits.com/thetradingdutchman/message/598004181</stembedurl>Several investors consider Maxeon a meme stock, given its volatile nature and generally high short interest.&nbsp;<stembedurl>https://stocktwits.com/Enki_Anunnaki/message/598015678</stembedurl><stembedurl>https://stocktwits.com/stocks4growth/message/597886215</stembedurl>The stock has lost nearly all its value so far this year, down over 98%.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

Maxeon’s 8-day Rally Ends As Biden’s Tax Plan For Mexico Imports Remains In Limbo, But Retail Sentiment Shifts Bullish

Maxeon’s solar panels have been detained at the Mexican border by the U.S. Customs and Border Protection (CBP) since Jul. 2024.

<a href="https://stocktwits.com/symbol/MAXN">Shares of Maxeon Solar</a> tumbled over 8% in morning trading on Friday after the company posted a significant earnings beat but fell short on revenue.The solar manufacturer’s&nbsp;adjusted loss of $0.47 per share was much lower than the anticipated loss of $4.13, reflecting a considerable improvement from a loss of $221 per share&nbsp;a year earlier.However, revenue&nbsp;of $88.56 million&nbsp;missed the $140.49 million analysts expected.“Third quarter results were distorted due to deliveries detained by the United States Customs and Border Protection, fixed costs associated with factory shutdowns and low production levels, and costs and write-offs from our ongoing restructuring,” stated Maxeon CEO George Guo.“On top of this, we continue to observe depressed prices as a result of the global oversupply and intense competition,” he added.This marks the second straight quarter that U.S. customs issues have pressured the company's earnings. In&nbsp;the second quarter, the Singapore-based firm reported a $7.8 million loss, primarily due to detained modules from its Mexican factories disrupting sales.In Q3, losses skyrocketed to $179 million — a staggering 23-fold increase.U.S. customs began detaining Maxeon's modules in July to review the company’s compliance with the Uyghur Forced Labor Prevention Act (UFLPA).&nbsp; It resulted in the company withdrawing its 2024 forecast in September due to the uncertainty surrounding imports to its largest market.<figure class="image"><img style="aspect-ratio:1298/295;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_06_100347_0d496c50b1.png" alt="Screenshot 2024-12-06 100347.png" width="1298" height="295"><figcaption>Maxeon Solar Sentiment and Message Volume on Dec 6 as of 7:00 a.m. ET | Source: Stocktwits</figcaption></figure>Retail sentiment around the stock improved to ‘bullish’ (62/100) from ‘bearish’ ahead of the earnings, and chatter increased to ‘high’ with many investors stating that they saw the losses coming, and were satisfied with the earnings beat.&nbsp;<stembedurl>https://stocktwits.com/Trader202109/message/595363706</stembedurl><stembedurl>https://stocktwits.com/Biksi/message/595318097</stembedurl>Maxeon Solar also deferred from holding an earnings call and providing guidance until the company’s restructuring, announced late last month, is complete.“As we establish our new strategy to transform Maxeon, we are highly focused on our financial position. We intend to reserve sufficient liquidity for daily operations, while we recapitalize the company to fund our restructuring and growth,” stated Maxeon Solar CFO Dmitri Hu.The company’s stock has taken a hit of 98% this year, losing nearly all of its market value.&nbsp;For updates and corrections email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/entergy-stock-soars-power-meta-largest-data-center-in-louisiana/cJ9A0jRRLm">Entergy Stock Jumps On Partnership To Power Meta’s Largest Data Centre: Retail Lights Up</a>

Maxeon Solar Stock Tumbles On Q3 Revenue Miss, 2000% Spike In Losses: Retail Shrugs It Off

The company attributed its staggering 23-fold increase in quarterly losses to its ongoing dispute with U.S. Customs and Border Protection over detained solar modules.

Maxeon Solar Technologies Announces Third Quarter 2024 Financial Results

Maxeon Solar Technologies Announces Third Quarter 2024 Financial Results Maxeon Solar Technologies Announces Third Quarter 2024 Financial Results PR Newswire SINGAPORE, Dec. 5, 2024 SINGAPORE, Dec...

This Week’s Hottest Themes: Biotech (RFK Jr. Meddling), Space (Trump's Space Force),&nbsp; AI (The Theme of the Year)&nbsp;WealthyVC.com scans North America’s 10,000+ publicly listed stocks across all seven exchanges to find the market-moving news that matters. Our focus is on quality, liquid, growth-oriented companies in sectors actively drawing capital. This targeted approach, combined with real-time news surveillance, helps us uncover stocks poised for powerful multi-day or multi-month moves—often long before Wall Street analysts catch on.Here's a list of today's most important names:1. Cassava Sciences (NASDAQ: SAVA)Background: Cassava Sciences is a clinical-stage biotechnology company focused on Alzheimer’s disease. Its investigational drug, Simufilam, has been central to its research efforts.The News: Cassava's stock took a dramatic plunge after disappointing Phase 3 trial results for Simufilam, followed by a social media storm triggered by Martin Shkreli’s scathing critique of the drug’s efficacy. Shkreli, calling Simufilam’s mechanism “implausible,” encouraged short-sellers, predicting a sharp decline in the stock. The failure of the trial and Shkreli’s influence sent shares tumbling by more than 85%, from nearly $30 per share to under $5.What It Means: This setback emphasizes the significant risks in Alzheimer's drug development. With most Alzheimer’s trials failing, investors now question the credibility of Cassava’s lead drug. While the company still has resources to pivot, the stock’s credibility has been deeply shaken, and the road ahead is uncertain.Stock Reaction: Yesterday the stock opened at $30 but closed near $5, reflecting a swift and steep sell-off. The market’s reaction shows how quickly investor sentiment can turn negative on biotech stocks, particularly in high-risk, high-reward sectors like Alzheimer’s treatment.&nbsp;2. Poseida Therapeutics (NASDAQ: PSTX)Background: Poseida is a biopharmaceutical company specializing in gene therapies, particularly CAR-T treatments for cancer.The News: Poseida announced a significant partnership with Roche, securing $110 million upfront and up to $1 billion in potential milestones. This deal is aimed at accelerating Poseida's CAR-T therapies and other cell and gene therapy technologies.What It Means: This collaboration is a major validation for Poseida’s technology, especially in the competitive CAR-T space, which has attracted attention due to its potential to treat cancers. The cash infusion from Roche is expected to fuel further research and development.Stock Reaction: Poseida opened at $9.26, up over 200%, rising slightly to close at $9.38. The market responded favorably to the news, viewing the Roche deal as a solid indication of Poseida’s future potential in the cancer treatment landscape.&nbsp;3. KULR Technology Group (NYSE: KULR)Background: KULR specializes in thermal management technologies for energy storage and aerospace.The News: KULR Technology Group has received a U.S. Navy contract to develop its Internal Short Circuit (ISC) technology to operate at higher temperatures. This upgrade is important for both military and commercial applications, especially in aviation where it aligns with safety standards. The ISC devices, originally developed with NASA and NREL, simulate controlled thermal runaway in lithium-ion cells for more accurate and safer testing of battery behavior in extreme conditions.What It Means: The Navy contract could serve as a major stepping stone for KULR, providing the company with exposure to one of the most demanding industries for thermal solutions. This deal not only enhances KULR’s credibility but may also open doors for similar partnerships in the aerospace and defense sectors.Stock Reaction: The stock opened at $0.80 and climbed another 20% reaching $0.96 by mid-morning on volume that is 1,000%+ higher than average.&nbsp;4. POET Technologies (NASDAQ: POET)Background: POET is a leader in photonics technology, designing advanced semiconductor solutions aimed at AI, telecommunications, and data storage.The News: POET Technologies (NASDAQ: POET) is ramping up production of its optical engines to meet the increasing demand from AI applications. A recent report highlighted that while many companies in the UK are adopting AI, few have integrated it into their manufacturing processes, which could hinder innovation and productivity. The report suggests that government support and regulations could help accelerate AI adoption in industries.What It Means: As AI applications continue to expand, POET’s new platform could be a game-changer. The optical interposer aims to address the bottlenecks in data processing by enabling faster, more efficient communication between chips, which is crucial for AI and big data.Stock Reaction: POET opened at $4.38 and rose to $5.35 (up 22%) by mid-day on volume 3x higher than average.&nbsp;5. SurgePays (NASDAQ: SURG)Background: SurgePays provides financial services and prepaid wireless solutions for underserved markets.The News:&nbsp;SurgePays (SURG) has integrated its ClearLine marketing platform with PAX smart payment terminals, allowing merchants to deliver real-time promotions and offers during transactions. This integration leverages existing hardware to enhance customer engagement and streamline marketing efforts, helping retailers boost loyalty and sales. SurgePays aims to scale its retail presence by utilizing PAX's wide reach in the payment terminal industry.What It Means: SurgePays continues to capitalize on the significant need for affordable financial services and wireless solutions in underserved communities. This strong performance suggests the company’s business model is scaling effectively, positioning it well for future growth.Stock Reaction: SurgePays opened at $2.00 and surged to $2.20, up 10%, trading average volume.&nbsp;6. TOYO Ventures Holdings (NASDAQ: TOYO)Background: TOYO Co., Ltd. is a solar solutions company focused on becoming a full-service provider in the global market. It integrates all stages of the solar power supply chain, including wafer and silicon production, solar cell manufacturing, and photovoltaic module production. TOYO is positioned to produce high-quality solar cells at a competitive scale and cost.The News: TOYO Co., Ltd (Nasdaq: TOYO) has secured a $150 million contract to supply high-efficiency solar cells to a major solar module manufacturer. The agreement will support solar module production in India and the U.S., leveraging TOYO’s advanced manufacturing capabilities in Vietnam and Ethiopia. This contract highlights the company's commitment to sustainable energy and the global shift towards renewable resources.What It Means: The $150 million contract is a major win for TOYO Co., Ltd, solidifying its role as a key player in the solar energy sector. It highlights the company’s advanced manufacturing capabilities and global reach, particularly in India and the U.S. For the market, the deal signals continued growth in the solar industry, boosting confidence in renewable energy technologies and potentially attracting more investment. TOYO’s expanded presence in key markets could strengthen its competitive position as demand for efficient solar cells rises..Stock Reaction: Shares opened at $5.56, up 39% to retrace to $4.50 by mid-morning and closing at $5.41 on eye-poping 1,500x average volume.&nbsp;&nbsp;7. Anavex Life Sciences (NASDAQ: AVXL)Background:&nbsp;Anavex Life Sciences develops treatments for neurodegenerative disorders like Alzheimer's and Parkinson's. Its lead drug, ANAVEX®2-73, has shown positive results in Phase 2 trials, while the company is also developing ANAVEX®3-71 for Alzheimer's.The News:Anavex Life Sciences has submitted a Marketing Authorization Application (MAA) for its drug, blarcamesine (ANAVEX®2-73), to the European Medicines Agency (EMA) for the treatment of Alzheimer’s disease. Blarcamesine, an orally administered small molecule, showed significant clinical improvement in patients over 48 weeks, with better efficacy than approved therapies and a slower rate of neurodegeneration in early Alzheimer's patients. Its safety profile eliminates the need for routine MRI monitoring, making it a promising treatment option.What It Means:&nbsp;The MAA submission for blarcamesine to the EMA is a positive development for Anavex Life Sciences, potentially boosting its stock if approved. If successful, blarcamesine could open new revenue streams and strengthen investor confidence. For the broader market, this signals progress in Alzheimer’s treatment, potentially drawing more investment into biotech, especially in neurodegenerative diseases.Stock Reaction: Anavex opened at $10.30 up 10% from Monday's close, but cratered almost 20% from that high by mid-afternoon closing nearly flat from the previous day's close on slightly higher than average volume.&nbsp;&nbsp;Be The First to Know:&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://wealthyvc.com/newsletter-sign-up/">Our email list eats first! Get exclusive alerts on explosive stock picks like AST&nbsp;SpaceMobile (NASDAQ: ASTS) which shot up&nbsp;+533% after our profile. Get our email signals based on our proprietary 5-indicator system before any of our other platforms by clicking here.</a>&nbsp;&nbsp;<hr>&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/WealthyVC">Follow us on Twitter</a> <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.instagram.com/wealthyventurecapital/">Follow us on Instagram</a> <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.facebook.com/TheWealthyVentureCapitalist/?locale=zh_CN">Follow us on Facebook</a><a target="_blank" rel="noopener noreferrer nofollow" href="https://www.facebook.com/groups/WealthyVC">Join the Discussion in the WVC Facebook Investor Group</a>Have a Stock Tip or New&nbsp; Story Suggestion? Email us at Invest@WealthyVC.comDisclaimer: Wealthy VC does not hold a position in any of the stocks, ETFs or cryptocurrencies mentioned in this article.This article was written by an independent contributor and does not reflect the views of Stocktwits. It has not been edited for content. The information provided here is intended solely for informational and educational purposes, and should not be interpreted as investment advice. Stocktwits does not endorse the purchase or sale of any security nor does it make any claims about the financial status of any company.

News Movers: Your Daily Digest of Stocks That Released News Which Moved the Market

Maxeon Announces Restructuring of Business Portfolio

Maxeon Announces Restructuring of Business Portfolio Maxeon Announces Restructuring of Business Portfolio PR Newswire SINGAPORE, Nov. 26, 2024 Maxeon to Focus Exclusively on U.S. Market, Executes...

Maxeon Provides Update on CBP Detention of its Solar Panels

Maxeon Provides Update on CBP Detention of its Solar Panels Maxeon Provides Update on CBP Detention of its Solar Panels PR Newswire SAN JOSE, Calif., Nov. 14, 2024 SAN JOSE, Calif., Nov. 14, 2024...

Shares of Maxeon Solar Technologies, Ltd. (<a class="mention" data-mention="$MAXN" data-symbol-id="MAXN" href="https://stocktwits.com/symbol/MAXN" target="_blank">$MAXN</a>) jumped nearly 15% on Thursday, on track for a third straight session of gains, as retail sentiment surged ahead of the company’s earnings report due after market close.&nbsp;Analysts on average are anticipating adjusted third-quarter (Q3) loss per share to widen to $4.13 from $2.21 a year earlier, with revenue expected to drop to $103.04 million from $227.63 million.The Singapore-based solar company has faced significant challenges&nbsp; this year amid a broader downturn in the solar energy sector, driven by difficult market conditions, rising borrowing costs, and regulatory shifts that have impacted demand.&nbsp;Despite these headwinds, retail sentiment on Stocktwits has turned ‘extremely bullish,’ with MAXN trending among the top 15 tickers and message volume spiking significantly.<figure class="image"><a href="https://stocktwits.com/symbol/MAXN"><img style="aspect-ratio:1318/318;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/MAXN_sentiment_and_message_volume_Nov_13_532dfe1695.png" alt="MAXN sentiment and message volume Nov 13.png" width="1318" height="318"></a><figcaption>MAXN sentiment and message volume Nov 13 as of 2:00 pm ET | source: Stocktwits</figcaption></figure>Maxeon’s stock has a high short interest, with 35.54% of its float being shorted, according to Fintel data.&nbsp;Many retail investors view the stock as a “meme stock” and are actively discussing a potential short squeeze.&nbsp;One bullish user on Stocktwits noted that MAXN was also listed at the top of Fintel’s short-squeeze list on Thursday.<stembedurl>https://stocktwits.com/Godmary/message/592298473</stembedurl>Another goaded holders to not “sell for pennies. The stock is worth at least $30.”&nbsp;<stembedurl>https://stocktwits.com/Andi77/message/592397654</stembedurl>A third user simply wrote, “Let it run Forrest Gump style!”<stembedurl>https://stocktwits.com/Hmmmmstock/message/592392787</stembedurl>Maxeon, along with its peers in the renewable energy space, has faced heavy selling pressure since the recent U.S. election, where Republican candidate Donald Trump’s victory raised concerns about potential rollbacks of renewable energy subsidies.&nbsp;However, there have been some signs of optimism.&nbsp;Tesla CEO Elon Musk, a major backer of Trump, recently&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/elonmusk/status/1856351376747479042">said</a> “solar power will be the vast majority of power generation in the future.”His company also draws significant revenue from the manufacture of solar panels, roofs and Powerwalls.This has added to hopes that the President-elect may not entirely undo the renewable energy subsidies introduced during the Biden administration.MAXN stock has lost nearly 98% of its value so far this year.For updates and corrections, email&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="mailto:newsroom@stocktwits.com">newsroom@stocktwits.com</a>Read next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dis-stock-rises-ahead-of-q4-2024-earnings/cJ4jfypRf5">Disney's Retail Buzz Builds Ahead Of Earnings: What Analysts Are Expecting</a>

Maxeon’s stock has a high short interest, with 35.54% of its float being shorted, according to Fintel data. 

Maxeon Solar Stock Pops Ahead Of Earnings, Retail Leans Into Short-Squeeze Showdown: ‘Let It Run Forrest Gump Style!’

Maxeon, along with its peers in the renewable energy space, has faced heavy selling pressure since the recent U.S. election.

Maxeon Solar Stock Pops Ahead Of Earnings, Retail Leans Into Short-Squeeze Showdown

Shares of solar and renewable energy stocks faced significant pre-market declines on Wednesday as investors expressed concerns over the implications of Donald Trump’s victory in the U.S. presidential election.&nbsp;Trump reclaimed the presidency after securing the necessary 270 Electoral College votes, as reported by major news outlets.&nbsp;Known for his skepticism toward climate change and support for fossil fuels, Trump is expected to push for the rollback or modification of green policies enacted by the previous administration, including solar tax credits and other clean energy incentives under President Biden’s Inflation Reduction Act (IRA).Among the hardest hit were First Solar Inc. (<a class="mention" data-mention="$FSLR" data-symbol-id="FSLR" href="https://stocktwits.com/symbol/FSLR" target="_blank">$FSLR</a>) and Enphase Energy Inc. (<a class="mention" data-mention="$ENPH" data-symbol-id="ENPH" href="https://stocktwits.com/symbol/ENPH" target="_blank">$ENPH</a>), which fell over 12% in pre-market trading, ranking them among the top decliners on the S&amp;P 500 as of 8:30 a.m. ET.&nbsp;On Stocktwits, several users shared their perspectives, pointing to a potential “rubberband effect” for solar stocks.&nbsp;One user argued that Trump’s policies might not impact solar incentives as much as feared, noting that even solar-power products from Tesla, led by Musk — one of Trump’s major supporters — benefits from those subsidies.&nbsp;<stembedurl>https://stocktwits.com/Adam1776/message/591383016</stembedurl>Another user added that while Enphase may face short-term volatility, “further interest rate cuts, share buybacks, and increasing demand” could stabilize the company.<stembedurl>https://stocktwits.com/mechpaul/message/591392242</stembedurl><stembedurl>https://stocktwits.com/Advanter/message/591369077</stembedurl>Some analysts have also downplayed Trump’s potential impact on renewable energy.&nbsp;Reuters cited industry experts who argued that Biden’s IRA, which includes over a decade’s worth of subsidies and incentives for clean energy projects, is likely safe from repeal, given substantial support from both Democratic and Republican lawmakers, particularly in states benefiting from these initiatives.&nbsp;Other renewable energy names followed the decline pre-market, including AES Corp. ($AES), which operates in renewable and thermal power generation and was down over 6%.Sunrun Inc. (<a class="mention" data-mention="$RUN" data-symbol-id="RUN" href="https://stocktwits.com/symbol/RUN" target="_blank">$RUN</a>), due to report quarterly earnings on Thursday, was down 13%; and Array Technologies Inc. (<a class="mention" data-mention="$ARRY" data-symbol-id="ARRY" href="https://stocktwits.com/symbol/ARRY" target="_blank">$ARRY</a>), dropping more than 12%.&nbsp;Maxeon Solar Technologies Ltd (<a class="mention" data-mention="$MAXN" data-symbol-id="MAXN" href="https://stocktwits.com/symbol/MAXN" target="_blank">$MAXN</a>), a key player in solar energy, was down over 10% even as retail sentiment was ‘bullish’ on Stocktwits.Both the iShares Global Clean Energy ETF (<a class="mention" data-mention="$ICLN" data-symbol-id="ICLN" href="https://stocktwits.com/symbol/ICLN" target="_blank">$ICLN</a>) and the Invesco Solar ETF (<a class="mention" data-mention="$TAN" data-symbol-id="TAN" href="https://stocktwits.com/symbol/TAN" target="_blank">$TAN</a>), major funds tracking the renewable sector, faced losses of more than 8% and 11%, respectively, ahead of Wednesday’s open.For updates and corrections, email&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="mailto:newsroom@stocktwits.com">newsroom@stocktwits.com</a>Read next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/btc-linked-crypto-stocks-surge-after-trump-wins-us-election/cJ4RpDmR98">US Election 2024: Trump's Triumph Lifts Bitcoin To Record High, Crypto-Linked Stocks Surge</a>

Some analysts have also downplayed Trump’s potential impact on renewable energy.

US Election 2024: Solar Stocks Dim On Trump Win As Fear Of Subsidy Cuts Loom, But Retail Keeps Calm

Trump is expected to push for the rollback or modification of green policies enacted by the Biden administration.

Maxeon Solar Technologies Ltd. engages in the manufacturer and marketer of premium solar power technology. Its products include Maxeon Line of IBC solar cells and panels, and the Performance Line of shingled solar cells and panels. The firm owns and operates solar cell and panel manufacturing facilities located in France, Malaysia, Mexico and the Philippines, as well as participate in a joint venture in China with TZS. The company was founded in 2019 and is headquartered in Singapore.

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