CNBC's Jim Cramer publicly flagged First Solar as undervalued, stating the stock has been overlooked and calling it too cheap at its current price. The comment adds retail and media attention to a solar manufacturer that has faced volatile sentiment tied to shifting U.S. energy policy and tariff exposure on competing Chinese panels. First Solar, the largest U.S.-headquartered utility-scale solar panel manufacturer, benefits from domestic content provisions under the Inflation Reduction Act, which has historically supported its competitive positioning against foreign rivals. Cramer's remarks do not change First Solar's fundamentals but can move short-term retail order flow, and the stock's valuation gap relative to peers may attract renewed institutional scrutiny. Investors will watch whether the call catalyzes a re-rating or fades without earnings or policy catalysts to sustain momentum.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
