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Stock Market 29 April 2026

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

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

Generac Holdings Inc. bumped up its 2026 sales target on Wednesday, following a better-than-expected first quarter. Data center demand played a key role, sending the backup-power equipment maker’s profit above analyst forecasts. Now the company is looking for full-year net sales growth in the mid-to-high teens percentage range—an increase from its prior mid-teens outlook.
Citi’s $52 Million JPMorgan Hire Vis Raghavan Faces Fresh Scrutiny Before Investor Day

Citi’s $52 Million JPMorgan Hire Vis Raghavan Faces Fresh Scrutiny Before Investor Day

Citigroup’s $52 million hire of Vis Raghavan—the ex-JPMorgan Chase investment-banking chief now leading Citi’s banking division—has come under new scrutiny. According to the Financial Times, JPMorgan told Raghavan he was out following years of complaints about his conduct, and Citi scooped him up just three days after. The FT’s story draws on conversations with more than 15 sources familiar with Raghavan and the move.
29 April 2026
SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Technologies turned in its highest-ever first-quarter revenue Wednesday, sticking with its 2026 guidance as investors gauge whether the fintech upstart can keep expanding despite tougher conditions for digital lenders. Adjusted net revenue—which strips out certain lending-related valuation shifts—climbed 41% to $1.087 billion. Net income surged to $166.7 million, more than double from a year earlier.
US Stock Futures Today Pre-Market: Nasdaq Leads As Big Tech Earnings Put AI Rally To The Test

US Stock Futures Today Pre-Market: Nasdaq Leads As Big Tech Earnings Put AI Rally To The Test

Nasdaq 100 futures climbed 98.75 points to 27,267.50 by 6:50 a.m. EDT, outpacing other indexes as traders braced for earnings from four top tech heavyweights and waited to see what the Fed would do on rates. S&P 500 mini futures ticked up 6.00 points to 7,177.00, while Dow minis posted a modest 20.00-point gain at 49,317.00.
New Zealand Stock Market Today: NZX 50 Scrapes Out Gain as Fisher & Paykel Keeps Shares Afloat

New Zealand Stock Market Today: NZX 50 Scrapes Out Gain as Fisher & Paykel Keeps Shares Afloat

Wednesday saw the New Zealand stock market inch up, as the S&P/NZX 50 managed a slight gain, barely making it into the green. Fisher & Paykel Healthcare, along with the power sector, did enough to counter declines in travel, retail, and dairy shares. It wasn’t a big move, but with a softer tone across the rest of the board and recent pressure on the local benchmark, it counted.
Australia Stock Market Today: ASX 200 Falls Again as Inflation Shock Puts RBA Back in Focus

Australia Stock Market Today: ASX 200 Falls Again as Inflation Shock Puts RBA Back in Focus

Australia’s share market finished in the red on Wednesday, dragging the S&P/ASX 200 down to levels last seen almost four weeks ago. A spike in inflation kept traders fixated on the Reserve Bank of Australia’s looming rate call. The benchmark gave up 23.7 points, or 0.27%, to close at 8,687—marking its seventh consecutive decline, the longest such streak since mid-2022.
29 April 2026
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