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Sunrun and Tesla deliver California’s largest recorded distributed power plant dispatch, supplying more than 580 megawatts during an extreme heat event.
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Sunrun (Nasdaq: RUN) and Tesla (NASDAQ:TSLA) announced today that the companies’ fleets of home batteries dispatched more than 580 megawatts of peak power to California’s grid on the evening of September 9, 2026. The
Goldman Sachs analyst Brian Lee maintains Sunrun (NASDAQ:RUN) with a Buy and lowers the price target from $15 to $13.
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
Wall Street snapped a two-day losing streak Thursday as oil retreated from its geopolitical spike and the 10-year Treasury yield slipped back below 5%. Chipmakers led the rebound, with Intel, AMD and Micron all posting outsized gains, while gold climbed 2.5% to $4,369 an ounce. The bounce came one day after the Federal Reserve delivered its first interest rate hike since 2023 and signaled at least one more this year.
Ahead of an expected Trump-Xi meeting in Washington, U.S.-China trade negotiations focusing on tariff reductions and AI could benefit semiconductor, technology, retail, and auto sectors. Companies with significant China exposure including Qualcomm, Intel, Micron, Applied Materials, NVIDIA, Apple, Walmart, Target, Best Buy, Costco, and Tesla may see positive sentiment if trade tensions ease.
Joby Aviation is positioned as a potential high-growth opportunity in the emerging eVTOL (electric air taxi) market, similar to Tesla's early days. The company could generate billions in revenue if it successfully scales operations, but faces significant risks as it still awaits FAA certification and is far from commercial operations. The stock is recommended only for aggressive investors with long time horizons.