Today: 29 April 2026
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  • Cotton Futures Decline on Wednesday Following Earlier Gains
    April 29, 2026, 10:42 AM EDT. Cotton futures dropped between 118 and 140 points on Wednesday, reversing Monday's limit gains. The dollar index fell 22 points, while crude oil futures declined by 77 cents a barrel. Online cash cotton bale sales totaled 1,096 on September 17, averaging 65.48 cents per pound, according to The Seam. ICE cotton stocks remained steady at 265 certified bales. The Cotlook A Index rose 300 points to 84.45 cents per pound on the same day. Meanwhile, the USDA Adjusted World Price was reduced by 127 points last week to 56 cents per pound, valid through Thursday. December 2024 cotton futures fell 139 points to 70.77 cents, March 2025 futures dropped 126 points to 72.43 cents, and May 2025 futures declined 118 points to 73.57 cents.

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Enphase Energy, Inc. Stock Slides as Q1 Reveals a Solar Demand Hangover

Enphase Energy, Inc. Stock Slides as Q1 Reveals a Solar Demand Hangover

29 April 2026
Enphase Energy shares dropped 7.3% to $31.80 after reporting a first-quarter revenue decline to $282.9 million and a GAAP loss of $7.4 million. U.S. revenue fell 23% from the prior quarter, with sell-through demand down 48% sequentially. Adjusted earnings beat estimates, but investors appeared unconvinced demand had stabilized. SolarEdge and Sunrun shares also fell in early trading.
Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost

Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost

29 April 2026
Western Digital shares rose 9.3% to $427.45 Wednesday after Seagate’s quarterly forecast topped estimates and sent storage stocks higher. Seagate shares jumped 16.6%. Seagate projected fourth-quarter revenue of $3.45 billion and non-GAAP earnings of $5 a share. Western Digital will report fiscal third-quarter results after markets close Thursday.
Generac Stock Jumps After Data Center Backlog Forces a 2026 Forecast Reset

Generac Stock Jumps After Data Center Backlog Forces a 2026 Forecast Reset

29 April 2026
Generac Holdings raised its 2026 sales outlook after first-quarter net sales rose 12% and commercial and industrial sales jumped 28% to $510 million, driven by data center demand. Shares climbed 11% after adjusted earnings of $1.80 a share beat estimates. The company now expects full-year net sales growth in the mid-to-high teens percentage range, up from its prior forecast. Generac also increased its adjusted EBITDA margin guidance.
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