Data center operators are concerned about potential changes to federal incentives for green energy solutions and are lobbying the Trump administration to leave them as is. A group of them, including Amazon and Oracle, have formed a coalition to push back against the proposed changes, citing the importance of renewable energy sources for artificial intelligence development. While Treasury Secretary Scott Bessent has not responded publicly, investors are taking the lobbying effort seriously, with solar stocks like First Solar rising 11% in response. The lobbying group’s influence on the U.S. economy suggests that the administration may consider their concerns seriously.

Read more at Nasdaq: Why Investors Were So Fired Up About First Solar Stock on Friday