Solar and Wind Stocks Decline; Disney Upgrade; Juniper DOJ Settlement

On this episode of Stock Movers:
- NextEra Energy (NEE) is one of many wind and solar stocks moving to the downside this morning amid Senate deliberations over the US tax bill. The new version of the bill adjusts key provisions on the SALT deduction, Medicaid, and clean energy, and includes compromises among warring factions of the Senate GOP.
- Tesla (TSLA) shares are lower, following the trend of wind and solar stocks and is the only downside mover of the Mag 7 in the premarket. CEO and founder Elon Musk has spoken out against the bill, saying the bill would destroy millions of US jobs and give "handouts to industries of the past while severely damaging industries of the future." he also called cuts to electric vehicle and clean energy credits would be "incredibly destructive" to the country.
- Disney (DIS) is rising in early trading after it was upgraded by Jeffries to a buy from a hold. The broker now sees limited risk for a slowdown for its key parks division in 2H 2025, more positive upside to cruise division in 2026, as well as continued margin expansion for its direct-to-consumer offerings.
- Juniper Networks (JNPR) is up in the premarket after the Justice Department settled a lawsuit challenging Hewlett Packard Enterprise's $13 billion takeover of Juniper, requiring the combined company to sell HPE's Instant On wireless networking business and auction off a license to Juniper's competing Mist business. The deal would have consolidated the sector from three major players to two, controlling 70% of the market, but the settlement preserves competition in the global networking market.

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