Why Generac Stock Soared Today

Generac's stock surged 18.34% after announcing an $8 billion long-term supply agreement with Amazon to provide backup power generators for AI data centers. Amazon will receive a warrant to purchase over 1.6 million Generac shares, with initial deliveries projected at $2.4 billion in 2027-2028. The partnership is seen as a major vote of confidence that could lead to additional deals with other cloud computing companies.