First Solar Jumps On $850 Million Partnership With Apple

Shares of the Arizona-based First Solar are taking off in late Tuesday trading, thanks to a new partnership with none other than tech giant Apple. In what they are touting as "the largest commercial power deal," the companies announced Tuesday afternoon that Apple has committed nearly a billion dollars to partner with First Solar and build a solar farm south of San Francisco. Shares of First Solar surged nearly 5% on the news and continued to rise in the after-hours trading session; Apple, too, ...