Generac Soars on $8B Amazon Deal Amid Market Volatility

Generac Holdings saw its stock surge 33% premarket after securing a major deal with Amazon worth up to $8 billion for backup generators at data centers. The agreement includes initial deliveries of $2.4 billion in 2027-2028.

The news had an immediate impact on the market, with Amazon's shares rising by 1.38% to USD 249.35 as of September 17, 2026. The strong buy sentiment for Amazon on Pluang stood at 91%, indicating investor confidence in the company.

Kroger's shares showed a modest increase of 0.18% to USD 61.25 despite facing sales challenges due to a cyclosporiasis outbreak affecting its produce, which led to a lowered full-year sales outlook of 0.2%-0.8%. The Federal Reserve also raised interest rates by 25 basis points to a range of 3.75%-4.00%, prompting President Trump to call for rapid rate cuts amid market volatility.