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Stock Warrants

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Amazon gets warrants for up to $340M in Generac stock in data center power deal

Amazon received warrants to buy up to 1.69 million Generac shares at $200.93 each, potentially worth up to $8 billion, as part of a deal for Generac to supply backup power generators to Amazon's data centers. Generac shares jumped more than 40% in after-hours trading following the news, with initial generator deliveries expected to total $2.4 billion between 2027 and 2028.