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One hyperscaler's backup plan is another company's "generational growth opportunity."
On Thursday, shares of backup power supply company Generac spiked 18.34% after it agreed to supply some $2.4 billion worth of generators to Amazon's vast data center empire over the next two years. Generac is just the latest in a growing list of unlikely beneficiaries of AI's energy gridlock.
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READ ALSO: 'Outlook Cloudy': Fed Rate Hike Pits Bulls Against Bears Over Year-End Rally Odds and SEC Greenlights Tokenized Stocks After Clarity Act Fails in Senate
#upside #backup #thursday
One hyperscaler's backup plan is another company's "generational growth opportunity."
On Thursday, shares of backup power supply company Generac spiked 18.34% after it agreed to supply some $2.4 billion worth of generators to Amazon's vast data center empire over the next two years. Generac is just the latest in a growing list of unlikely beneficiaries of AI's energy gridlock.
Sign up for The Daily Upside at no cost for premium ***** ysis on all your favorite stocks.
READ ALSO: 'Outlook Cloudy': Fed Rate Hike Pits Bulls Against Bears Over Year-End Rally Odds and SEC Greenlights Tokenized Stocks After Clarity Act Fails in Senate
#upside #backup #thursday
6 days ago
