Veytics Intelligence
2026-09-18 · Yahoo

GNRC- Solidifying its Position as an AI Play After Amazon Deal

The market is currently pricing in what would be the shallowest interest rate hike cycle in modern history. Meanwhile, shares of Generac Holdings Inc. (GNRC) soared after the maker of generators signed a long-term contract with Amazon.com Inc. (AMZN) to supply $8 billion worth of generators for its data centers, highlights Amber Kanwar, host of the In the Money with Amber Kanwar podcast. To get more articles and podcasts from MoneyShow, subscribe to our Top Pros' Top Picks newsletter here.) The Federal Reserve rate hike is being billed as an effort to see inflation have a "timelier return" to 2% while financial conditions remain accommodative.

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