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Generac jumps 33% premarket on $8B Amazon generator deal; Kroger cuts sales outlook after $100M outbreak loss; Fed hikes rates 25bps.

Market News
17 Sep 2026
Seeking Alpha
View Source
Bullish
Generac jumps 33% premarket on $8B Amazon generator deal; Kroger cuts sales outlook after $100M outbreak loss; Fed hikes rates 25bps.

Generac Holdings surged 33% premarket after securing a long-term supply deal with Amazon worth up to $8 billion for backup generators at data centers, starting with $2.4 billion in deliveries in 2027-2028. Kroger reported a $100 million sales loss due to a cyclosporiasis outbreak affecting produce, leading to a lowered full-year sales outlook of 0.2%-0.8%. The Federal Reserve 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. These developments impact key sectors from tech infrastructure to retail and monetary policy.

Following the news of Amazon's major deal with Generac, Amazon shares on Pluang have risen by 1.38% to USD 249.35 as of Sep 17, 2026 17:41 WIB, with a strong buy sentiment at 91%. Meanwhile, Kroger's shares show a modest increase of 0.18% to USD 61.25, reflecting steady investor interest despite its recent sales challenges. These movements highlight ongoing market confidence in these consumer sector leaders.

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