Generac, AMSC, Bloom Energy, Redwire, Matrix Service Shares Surge on AI, Defense Demand
Several stocks, including Generac, American Superconductor, Bloom Energy, Redwire, and Matrix Service, experienced significant jumps in morning trading. This surge is attributed to increased capital spending for artificial intelligence infrastructure and defense, which boosted demand across power systems, data center construction, and electrical grid buildouts. The gains were further amplified by broader market strength in the S&P 500 and Nasdaq Composite.
Shares of several stocks rose in the morning session as surging capital spending for artificial intelligence infrastructure and defense lifted demand across power systems, data center construction and electrical grid buildouts. The moves were reinforced as the S&P 500 and Nasdaq Compos…