Generac
Coverage of Generac in the Nexus archive.
- Wall Street hangs around its records as the AI boom keeps growing
Wall Street approaches records as AI-driven companies like Broadcom, Nvidia, and Marvell Technology surge. The S&P 500 and Nasdaq rise amid strong performance from AI chipmakers and hyperscale data center investments, though concerns about an AI investment bubble and Alphabet's stock decline temper optimism.
- Wall Street's record-breaking rally slows as Alphabet drags on the market
Wall Street's record-breaking rally slowed as Alphabet's 2.7% drop weighed on markets, with the S&P 500 slipping 0.1% and the Dow falling 0.2%. Alphabet plans to raise $80 billion through stock sales to fund up to $190 billion in AI-related investments this year, raising concerns about the sustainability of AI-driven spending. Meanwhile, companies like Hewlett Packard Enterprise, Generac, and chipmakers Nvidia and Broadcom saw gains linked to AI demand.
- Wall Street's record-breaking rally slows as Alphabet drags on the market
Alphabet's 4% drop due to a $80 billion stock sale to fund AI investments is slowing Wall Street's record-breaking rally, with the S&P 500 down 0.1% and the Nasdaq falling 0.3%. Meanwhile, companies like Hewlett Packard Enterprises and Generac saw gains amid rising AI demand.
- Wall Street poised to open lower even as AI and data center companies soar on still-hot demand
Wall Street futures pointed to lower openings as demand for AI and data center infrastructure drove gains in companies like Marvell Technologies, Generac, and HPE. Crude oil prices fell but remained above pre-war levels, with tensions between the United States and Iran impacting global supply. Asian and European markets showed mixed performances.