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See Tougher Road Ahead for California Utilities","url":"https://stock-news.laohu8.com/highlight/detail?id=2664436000","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664436000?lang=en_us&edition=fundamental","pubTime":"2026-09-01 02:59","pubTimestamp":1788202740,"startTime":"0","endTime":"0","summary":"1459 ET - Mizuho analysts downgrade a trio of California utilities after state lawmakers reject California Gov. Gavin Newsom's proposal to block insurance companies from suing utilities over wildfire claims. Newsom and lawmakers eventually came to a compromise on a narrower set of reforms that the analysts see as insufficient in shifting liability from utilities. And contrary to the analysts' expectation, lawmakers did not decouple utility liability from wildfire fund solvency, nor did they add a replenishment or evergreen funding mechanism, leaving investors no better off than before. \"While the California utilities trade at very attractive valuations, we see limited catalysts,\" they say. Shares of PG&E and Edison International slide more than 18%, while Sempra falls about 3%. The analyst downgrade the stocks to neutral from outperform.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PCG","IE000M9KFDE8.USD","IE00BMG7P819.SGD","LU2362541513.USD","IE00BMG7P926.USD","EIX","IE00BZ18W340.USD","IE00BZ18W456.USD","LU1621767737.EUR","LU2346227817.USD","PUI","IE00B29SXL02.USD","IE00BD4GTV84.USD","LU1621768206.USD","LU0238689110.USD","LU0742534661.SGD","IQRA","IE00BD4GTW91.USD","LU0048573561.USD","BK4585","LU2384288077.EUR","IE00BMQBXF63.USD","LU0251142724.SGD","CGCV","SRE","IE00BD4GTT62.SGD","IE00BMG7P587.USD","LU0251131958.USD","LU2449327464.USD","BK4081","FXU","IE00B29SXK94.USD","BK4588","LU2362541273.HKD","BK4208","LU0170899867.USD","LU2362540622.SGD","LU1621768115.EUR","LU1621767810.EUR","IE00BMG7P694.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664000314","title":"Top Midday Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2664000314","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664000314?lang=en_us&edition=fundamental","pubTime":"2026-09-01 02:21","pubTimestamp":1788200516,"startTime":"0","endTime":"0","summary":"Shares of PG&E  and Edison International  slumped after California amended legislation to protect wildfire survivors' right to sue utilities for equipment-caused blazes, ABC7 reported Sunday.Shares of PG&E slumped 18% after midday Monday as intraday trading volume catapulted to over 110.2 million from a daily average of about 22.5 million.Shares sank 23%, with intraday trading volume soaring to over 15 million from the stock's daily average of roughly 2.8 million.Exascale Labs  has signed a non-binding memorandum of understanding with EnergyBank to potentially develop and commercialize artificial intelligence computing powered by floating offshore wind and long-duration energy storage, the company said Monday. Financial terms were not disclosed.Shares declined 19%, with intraday trading volume at over 263,000, versus a daily average of about 5.7 million.Price: 13.54, Change: -3.06, Percent Change: -18.43","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2346227817.USD","IE00BMG7P926.USD","FXU","BK4585","LU0170899867.USD","LU2362541273.HKD","PCG.AU","BK7062","IE00BZ18W456.USD","PCG","IE00BD4GTW91.USD","IE00BD4GTV84.USD","LU2362541513.USD","IE00BMG7P587.USD","IE00BMG7P819.SGD","IE00BZ18W340.USD","IE00BMG7P694.USD","IE00BD4GTT62.SGD","IE00BMQBXF63.USD","EIX","XLAB","BK4081","BK4588","LU2362540622.SGD","LU2449327464.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664002461","title":"PG&E falls -18.6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2664002461","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664002461?lang=en_us&edition=fundamental","pubTime":"2026-09-01 00:05","pubTimestamp":1788192333,"startTime":"0","endTime":"0","summary":"PG&E (PCG) is down -18.6%, or -$3.09 to $13.51. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial new...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/pge-falls-18-6-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/pge-falls-18-6-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2449327464.USD","IE00BD4GTV84.USD","BK4081","BK4588","IE00BD4GTW91.USD","BK4585","LU2346227817.USD","LU0170899867.USD","IE00BD4GTT62.SGD","PCG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664026340","title":"S&P 500 Top and Bottom Performing Stocks at About 12:00 P.m. 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Corp Stock (PCG) Moved Down by 19.13% on Aug 31: What Signal Does It Send?","url":"https://stock-news.laohu8.com/highlight/detail?id=2663260004","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2663260004?lang=en_us&edition=fundamental","pubTime":"2026-08-31 23:15","pubTimestamp":1788189321,"startTime":"0","endTime":"0","summary":"• California passed Senate Bill 492 while rejecting utility wildfire liability protections.\n• Major Wall Street brokerages downgraded PG&E following adverse legislative developments.\n• PG&E shares face heightened tail risk and potential balance sheet 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International Stock (EIX) Moved Down by 23.07% on Aug 31: A Full Analysis","url":"https://stock-news.laohu8.com/highlight/detail?id=2663042620","media":"TradingKey","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2663042620?lang=en_us&edition=fundamental","pubTime":"2026-08-31 23:15","pubTimestamp":1788189316,"startTime":"0","endTime":"0","summary":"• California omitted crucial wildfire liability reforms from Senate Bill 492.\n• Mizuho downgraded Edison International to Neutral and lowered its price target.\n• EIX technical indicators show bearish signals with an RSI of 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