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Stock Movers: Amazon, First Solar, Bank of America

Stock Movers: Amazon, First Solar, Bank of America

Bloomberg08-07-2025
On this episode of Stock Movers: - Amazon (AMZN) shares are down. It's Amazon Prime Day. Adobe analyst Vivek Pandya says price drops in apparel, electronics and TVs are expected to be the deepest; Adobe expects Amazon and other US retailers to generate $23.8 billion in online sales during event. - First Solar (FSLR) shares drop. President Donald Trump called for new rules that would restrict access to tax incentives for solar and wind projects in an executive order on Monday. - Bank of America (BAC) shares fall after it was cut to hold from buy at HSBC. Analysts cited valuations are 'increasingly stretched' after a rally in the banks' stocks.
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