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Home > Latest

Selling power and "giving stock": Generac (GNRC.US) secures a $2.4 billion generator order from Amazon, surging over 35% after hours.

date
17/09/2026
Zhitong Finance APP has learned that Amazon (AMZN.US) has obtained warrants to purchase up to $340 million worth of shares in backup power provider Generac (GNRC.US), driving the company's stock price to surge more than 35% in after-hours trading on Wednesday.
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CICC: The Fed's rate hike this time may not necessarily be a bad thing.
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AI investment frenzy poised for another push? Fed rate hike lands, US Treasuries see contrarian buying at their "most painful moment"
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The central bank conducted CNY 162 billion of 7-day reverse repos today at an operation rate of 1.4%. It also conducted CNY 600 billion of overnight reverse repos.
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Adding fuel to Wall Street's bullish narrative: GE Vernova (GEV.US) order backlog may break through $200 billion early next year, CEO says demand is "strong and durable"
15 m ago
Intel CEO Lip-Bu Tan recently said that CPU demand is growing rapidly, leading to tight supply and demand, and that the shortage may persist as AI applications develop. Currently, the company's supply can only meet 50% of customer demand. "CEOs of several major companies have called me, and I can only apologize to them." Tan also revealed that Intel's 18A node has entered mass production, and the 14A node will begin production in the first quarter of next year.
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