Alpha Coverage #174
AI, Robotics, Space, Quantum Computing, Climate Change/Energy Transition, Biotech/Genomics
Weekly newsletter bringing you a summary of unbiased, critical, thesis changing stock market news for long term impact. We cover news articles, opinion pieces and all forms of media to help you stay ahead of the curve. WealthWise Coverage Universe (Only for paying subscribers).
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This Week’s Alpha Coverage: YouTube Playlist or Weekly Compilation.
Editor’s Pick:
[News] T1 Energy surges on solar module supply deal with Clearway
T1 Energy (TE) up 6.4% pre-market Monday after saying it was awarded a contract to supply Clearway Energy (CWEN) with 641 MW of solar modules built with domestic solar cells from T1’s G2_Austin solar cell facility.
The modules will be manufactured at T1’s (TE) 5 GW solar module facility, G1_Dallas, the company said.
T1 (TE) said it is continuing to increase the domestic content of its modules, as domestic modules with domestic cells are highly valued given rising uncertainty around trade and tariff policy.
The company began construction of its G2_Austin solar cell fab in December and expects the first 2.1 GW phase to begin producing cells by Q1 2027; it expects to offer modules with greater than 60% domestic content in 2027.
Link to Seeking Alpha News Article - Aug 03, 2026
[News] Aehr surges after production order from a silicon photonics customer
Aehr Test Systems (AEHR) said it received a follow-on production order from its lead silicon photonics wafer-level burn-in, or WLBI, customer.
The company noted that the order is for a fully automated FOX-XP multi-wafer production burn-in system to support the expansion of the customer’s manufacturing capacity for next-generation silicon photonic integrated circuits.
The system is expected to ship during the first half of 2027, according to the company.
Link to Seeking Alpha News Article - Aug 04, 2026
[News] SpaceX, Nvidia expand AI satellite partnership
SpaceX (SPCX) on Tuesday said it is partnering with chipmaker Nvidia (NVDA) to design the computing payload for its new Starmind AI1 satellites.
SpaceX said each of the Starmind satellites will include Nvidia’s latest Rubin GPUs and Vera CPUs for datacenter class space compute.
Link to Seeking Alpha News Article - Aug 04, 2026
[News] Rocket Lab secures $397M Space Force deal to build, launch Flatellites
Rocket Lab (RKLB) secured a $397M contract from the U.S. Space Force to develop, launch and operate multiple Flatellites for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program.
Under the contract, Rocket Lab will build, launch and operate multiple Flatellites on its upcoming Neutron rocket, providing tracking data to the Space Force from secure mission operations facilities.
The award also includes an option for additional Flatellites within the total contract value.
Link to Seeking Alpha News Article - Aug 05, 2026
[YouTube | The Compound] The Man Who Called the Roaring 2020s | TCAF 254
On episode 254 of The Compound and Friends, Downtown Josh Brown and Michael Batnick are joined by legendary economist and market strategist Ed Yardeni to discuss: the case for the Roaring 2020s, why Ed sees no recession through the end of the decade, his S&P 500 target of 10,000, whether AI is fueling an earnings bubble, rising profit margins and productivity, why this market is different from 1999, the broadening bull market, hyperscaler spending and credit risk, bond vigilantes, the Fed, and what the bears keep getting wrong.
Link to Full Video (01:15 Hours) - Aug 07, 2026
News, Facts, Analyst & Market Commentary - Short Reads:
USO 0.00%↑ ITA 0.00%↑ TLT 0.00%↑ GLD 0.00%↑ SPY 0.00%↑
Trump claims Iran deal is near, but Tehran rejects his account
President Donald Trump said he will order U.S. forces to halt new strikes against Iran after what he described as an agreement on the parameters of a broader deal to end the five-month conflict in the Middle East.
Iranian officials disputed the president’s version of events almost immediately.
The semi-official Mehr news agency, citing military officials, called Trump’s claim “nothing but a new lie,” while the Fars news agency dismissed reports of a Hormuz agreement as false.
Iranian state media reported on Sunday that Foreign Minister Abbas Araghchi told the cabinet that negotiations with Oman over the management of the Strait of Hormuz are in their “final stages” and “nearing completion”. However, an Iranian Foreign Ministry spokesman clarified that the discussions are focused on establishing a new, mutually agreed-upon maritime route to safeguard Iran’s interests. He emphasized that reaching an understanding with Oman does not mean the Strait of Hormuz will simply be fully reopened, maintaining that Tehran will act according to its own interests and will not alter its maritime decisions under the influence of foreign threats.
Link to Seeking Alpha News Article - Aug 02, 2026
Link to Seeking Alpha News Article - Aug 02, 2026
WealthWise Research - Aug 02, 2026
Japan, US confirm rare joint yen-buying operation, open to further action
Japan’s finance ministry on Monday said it had conducted a coordinated yen-buying operation with the U.S. Treasury on Friday, confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows.
Tokyo signaled it was prepared to act again if needed, saying it “will not hesitate to conduct further coordinated interventions in the future” and remains in close communication with the U.S. Treasury. Finance Minister Satsuki Katayama also stressed that Japan “remains attentive and in close communication with counterparts at U.S. Treasury.”
The Japanese currency had hit 163.73 against the greenback on Thursday last week, and strengthened to 157.57 on Friday. The yen surged more than 1% to 155.20 per dollar after the announcement, its strongest since early May and well off the 40-year low near 164 hit last month.
There was not too much color surrounding the intervention, but Japan is the largest foreign creditor of American government debt, holding $1.14T in U.S. Treasuries. As the yen sank past 160 per dollar, Japanese banks and financial institutions likely faced tremendous pressure to sell their Treasuries to cover yen liabilities. That could have had some serious impacts for the U.S., adding pressure to already rising yields, and knock-on effects for mortgage rates and car loans to credit cards and corporate balance sheets.
Link to Seeking Alpha News Article - Aug 03, 2026
Link to Seeking Alpha News Article - Aug 03, 2026
WeRide enters Nordic market with Denmark autonomous mobility partnership
WeRide (WRD) and Denmark-based shared electric mobility provider GreenMobility announced a strategic partnership to deploy Level 4 autonomous shared mobility services in Denmark, marking WeRide’s (WRD) entry into the Nordic region.
The companies aim to launch public autonomous ride-hailing services in the first half of 2027, subject to regulatory approvals.
Riders will be able to book trips using WeRide’s GXR, the company’s latest European Union-compliant fully autonomous vehicle.
Link to Seeking Alpha News Article - Aug 03, 2026
KSTR 0.00%↑ #CXMT
CXMT eyes second Beijing DRAM plant as China boosts chip capacity - report
China’s largest chipmaker by market cap ChangXin Memory Technologies (CXMT) is in early-stage discussions with the Beijing Economic-Technological Development Area and other state-backed investors to secure funding for the project and is seeking at least 60M yuan ($8.9M) in financial support, the report added.
The new Beijing 12-inch fab would be built in Yizhuang, about 20 km southeast of central Beijing, where the company already operates a DRAM facility.
The planned facility would add to CXMT’s existing manufacturing footprint, which includes three DRAM fabs—two in Hefei and one in Beijing—each with a monthly production capacity of around 100,000 wafers. If planned projects in Beijing, Shanghai, and Hefei are completed, CXMT’s total capacity could more than double.
Link to Seeking Alpha News Article - Aug 03, 2026
Nasdaq Verafin to explore D-Wave quantum technology for financial crime detection
D-Wave Quantum (QBTS) and Nasdaq Verafin have partnered to test how quantum computing can enhance financial crime detection and combat complex fraud schemes.
The collaboration will begin with the development of a proof-of-concept (PoC), with the potential to expand to pilot applications for key anti-financial crime use cases. The effort will focus on how quantum-hybrid technology may be used to support the development of predictive systems that can identify unusual behavioral patterns associated with fraud, scams, and money laundering.
As part of the agreement, Nasdaq Verafin will explore the use of D-Wave’s (QBTS) annealing quantum computing technology to uncover complex relationships across account activity, transaction patterns, and counterparty networks that conventional approaches may overlook.
The initial PoC will use D-Wave’s technology to analyze hundreds of potential data signals to strengthen predictive models for detecting unusual account behavior, the companies said.
Link to Seeking Alpha News Article - Aug 03, 2026
ACWI 0.00%↑ TLT 0.00%↑ GLD 0.00%↑ #BTC
World Portfolio shifts further toward equities as tech exposure rises, Goldman says
Exposure to equities and technology stocks has increased across many portfolios, including the benchmark World Portfolio that often guides asset allocation decisions, Goldman Sachs said.
A Goldman chart showed the World Portfolio shifting progressively toward equities over time, with the allocation increasing further when private markets were included. At the same time, the share allocated to global bonds declined relative to earlier decades.
The chart showed global equities and private markets accounting for a growing share of the portfolio recently, while gold remained a relatively small allocation throughout the period. Crypto appeared only as a marginal allocation at the top of the portfolio.
Goldman said the changing composition reflected a broader increase in exposure to equity markets and technology stocks across diversified portfolios. The chart tracked the evolution of the World Portfolio from 1950 through the latest available data.
Link to Seeking Alpha News Article - Aug 03, 2026
Corning upgraded by Truist, firm says ‘pullback provides opportunity’
“Simply put, we have waited for a more reasonable entry point to get more constructive, and we now have one post a ~45% pull back in July,” Truist analyst Matthew Niknam wrote in a note to clients. “Since initiating coverage in late March, our 2028E EPS estimates have increased by ~30% (cons. +21%), while shares are flat. Customer spending priorities in the all-important Optical segment (~45% of sales) re: AI/Data Center infra and FTTH remain firm, with the new Photonics MAP presenting an incremental tailwind through the end of the decade.”
Delving deeper, Niknam said he sees top-line growth accelerating over the next three years, due to the aforementioned strength in optical as well as solar, both of which should drive revenue to grow 18% between now and 2028. “Importantly, we believe Corning’s increasing use of long-term agreements with key hyperscaler customers enhances visibility, while these customers’ capex budgets (geared towards AI/DC investment) continues to rise,” Niknam added.
He also expects the company’s new Photonics MAP could create additional upside over the coming years.
Operating margins and return on invested capital are expected to increase through 2030, with Niknam adding the company could raise its estimates for the metrics later this year.
Lastly, he expects earnings per share to grow 30% compounded annually between now and 2029.
Link to Seeking Alpha News Article - Aug 03, 2026
RWE signs 15-year solar PPA to supply Google in Oklahoma
RWE (RWEOY) said Monday it signed a 15-year power purchase agreement with Google (GOOG) (GOOGL) covering the full output from its 155 MWac Crooked Creek Solar project in Oklahoma.
The German energy company said it plans to begin onsite construction at Crooked Creek Solar later this year, and the project is expected to enter commercial operation in 2028.
Link to Seeking Alpha News Article - Aug 03, 2026
Google exec says heavy AI capex spending is a precursor to RSI
Google (GOOG) (GOOGL) DeepMind executive Jasjeet Sekhon said the tech industry’s heavy spending on artificial intelligence-related capex is a precursor to the next stage of AI.
Known as recursive self-improvement, or RSI, the next stage of AI is essentially where the AI can create a better version of itself automatically. For years, that understanding was known to be a part of artificial general intelligence, but the tech industry, and in particular, corporations, have adopted the RSI phrasing in recent weeks.
Sekhon said the revenues from AI “don’t sustain the capital expenditures we’re making so far,” according to The Information, which first reported Sekhon’s comments. However, Sekhon added that betting against the tech industry’s current and future technology “would appear to be unwise,” noting there are already the makings of RSI.
He added that this should not come as a surprise to anyone, as “steam engines were used to create the next steam engine.”
Nonetheless, Sekhon, who joined Google in April from Bridgewater Associates, did state that there could be “AI air pocket such that the expenditures happen but the revenues don’t show up.” He compared the buildout, which is widely expected to top $700B in 2026, after more than $400B was spent in 2025, to larger than the Apollo space program of the 1960s, the Manhattan Project, and the buildout of the internet.
Link to Seeking Alpha News Article - Aug 03, 2026
X-Energy rises on plans to double nuclear-grade graphite production capacity
X-Energy (XE) up 5.7% in Monday’s trading after saying it signed a binding agreement with SGL Carbon to double production capacity of medium-grain isotropic graphite, a specialized material used in the company’s Xe-100 high-temperature gas-cooled reactor.
X-Energy (XE) said it will invest up to $8M in milestone-based payments to support new facilities and equipment upgrades at SGL’s site in Chedde, France, which will enable the facility to produce graphite billets for up to eight new Xe-100 reactors per year.
SGL concurrently agreed to expand U.S. capacity for machining of billets into graphite blocks, and X-Energy (XE) said full execution would double European manufacturing capacity for medium-grain isotropic graphite by 2030, with additional capacity investments under consideration.
The expansion builds on a 10-year framework agreement established in January, which included an initial three-year award valued at $100M-plus for X-Energy’s (XE) first commercial projects, in which the first NBG-18 billets produced in France have been shipped to SGL facilities in the U.S.
Link to Seeking Alpha News Article - Aug 03, 2026
Robinhood bags regulator’s approval to offer crypto services in UK, shares up
The news comes after the FCA finalized the landmark cryptocurrency regulations for the country, having eased the capital and disclosure requirements for companies.
Link to Seeking Alpha News Article - Aug 03, 2026
[Newsletter Exclusive] CRISPR Therapeutics GAAP EPS of -$0.94 beats by $0.23, revenue of $10.18M (+1043.8% Y/Y) beats by $2.75M
Link to Seeking Alpha News Article - Aug 03, 2026
BWXT to sell medical business to Nordic Capital in deal valued at up to $800M
BWXT (BWXT) said the sale will enable it to focus on accelerating growth in its core nuclear national security and commercial nuclear power markets, areas it said are central to its long-term strategy.
Tomohiko Sano, JPMorgan Chase & Co: asked about TRISO demand and monetization; President, CEO & Director Geveden: “We’re able to produce a few hundred kilograms a year” and called the market “highly uncertain,” adding, “we’re not yet ready to make a full capital commitment on it.”
Link to Seeking Alpha News Article - Aug 03, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] Voyager Technologies, Inc. Non-GAAP EPS of -$0.70 beats by $0.21, revenue of $52.7M (+15.4% Y/Y) beats by $2.94M
For the full year 2026, the company increased our guidance range to $275 million to $305 million. This outlook underscores the resilience of our business model and reflects the successful execution of its growth strategy and supported by our new backlog record.
Unknown Analyst, Morgan Stanley: “provide more color on what specifically changed… Starlab…” Co-Founder, Chairman & CEO Taylor: “NASA… reversed course… the draft RFP… much more consistent with the CLD Phase 1 approach… we still anticipate… submissions… mid- to late fall and then a selection early next year.” Chief Financial Officer de Sousa: “now we’re well over $500 million, actually quickly approaching the $600 million mark of signed commercial reservations.”
Link to Seeking Alpha News Article - Aug 03, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] SK hynix and Sandisk unveil first high-bandwidth flash standards
SK hynix (SKHY) and Sandisk (SNDK) have unveiled the first standard specifications for High Bandwidth Flash (HBF), a next-generation storage technology.
The company is set to present HBF as a key technology to overcome memory bottlenecks in the AI era through keynote speeches and panel discussions during the event.
Positioned as a new memory layer between HBM and SSDs, HBF technology leverages NAND to deliver high-speed data transfer alongside significantly expanded capacity. As AI inference drives a massive surge in data processing, HBF is emerging as a key solution to address both bandwidth and capacity scalability challenges.
SK hynix (SKHY) said this milestone comes about six months after launching the consortium in February this year, following the initial standardization partnership with Sandisk in August 2025.
A key highlight is the interconnect linking HBF technology and processors. HBF technology adopts UCIe, an industry-standard connection interface, laying the groundwork to flexibly integrate HBF technology across different processor types, including GPUs and CPUs.
The standard also outlines connection interfaces and electrical characteristics, reliability, and packaging guidelines for the HBF die stack process, and software I/O guidelines.
Furthermore, SK hynix plans to leverage this release to expand the adoption of HBF technology in the AI storage market and foster the surrounding ecosystem. With Google (GOOG) (GOOGL) and Tenstorrent currently participating in the HBF consortium, the consortium aims to expand its reach while enhancing technical maturity and market acceptance based on open collaboration.
Link to Seeking Alpha News Article - Aug 04, 2026
HITI 0.00%↑ #GTBIF
[Newsletter Exclusive] Marijuana use tops cigarette smoking in U.S., survey finds
Marijuana use has surpassed cigarette smoking in the U.S., according to the 2025 National Survey on Drug Use and Health released by the Substance Abuse and Mental Health Services Administration.
The survey found that 43.8M Americans, aged 12 and up, used marijuana regularly, compared to 36.1M who smoked cigarettes. Around 21M people reported daily marijuana use, compared to 19.9M who smoked cigarettes daily.
Marijuana use was highest among adults aged 18 to 25, while cigarette smoking was highest among those aged 26 and up.
But alcohol remains the most widely used substance, with 129.1M Americans aged 12 and up drinking alcohol. Of these, 44% were monthly binge drinkers.
Binge drinking is defined as five or more drinks in one day over the past 30 days for men, while for women, it’s four or more.
In 2025, 44.6M Americans aged 12 or older had a substance use disorder, including 25.7M with alcohol use disorder and 26M with drug use disorder.
The annual SAMHSA survey is based on self-reported responses from more than 60,000 Americans.
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] Caterpillar Non-GAAP EPS of $8.17 beats by $1.97, revenue of $20.5B (+23.5% Y/Y) beats by $1.3B
Caterpillar (CAT) said sales in its Power & Energy segment rose 17%, driven by higher sales of large reciprocating engines and turbines used in power generation, primarily for data center applications. Strong equipment demand also lifted results in construction industries and resource industries, suggesting spending remains healthy across multiple industrial markets.
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] High Tide rises after issuing upbeat Q3 guidance
For the quarter ended July 31, 2026, the company guided revenue to C$195M-C$200M, above the C$183.4M analyst consensus, while forecasting adjusted EBITDA of C$15.2M-C$16.5M, compared with the C$14.0M consensus estimate.
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] Tower Semiconductor beats top-line and bottom-line estimates; gives Q3 outlook
Tower Semiconductor press release (TSEM): Q2 GAAP EPS of $0.79 beats by $0.12.
Revenue of $460M (+23.6% Y/Y) beats by $5.32M.
The Company provides revenue guidance of $520 million for the third quarter of 2026 (vs. consensus of $490.02M).
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] CoreWeave enters Asia-Pacific with Indonesia expansion
The company plans to build three data centers with a combined 360 megawatts of contracted IT power, which are expected to begin operating in 2028. CoreWeave will own and operate the facilities, providing its AI cloud platform to research labs, startups, and enterprise customers across Southeast Asia.
The Indonesia facilities add to CoreWeave’s rapidly growing global infrastructure footprint. As of March 31, 2026, CoreWeave operated 49 data centers globally, with more than 1GW of active power and over 3.5GW of contracted power supporting AI workloads at scale.
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] HP among PC makers using CXMT memory chips amid national security concerns: report
HP (HPQ) is among a group of major personal computer manufacturers that have started to use memory chips from China’s ChangXin Memory Technologies, Nikkei Asia reported.
The other PC makers that have also started to use memory chips from CXMT include Asus and Acer, the news outlet added, citing multiple sources familiar with the matter, amid the ongoing memory shortage. The memory chips have gone into some laptop models, with the news outlet describing them as “very limited.”
The laptops that use CXMT memory chips are for sale in non-U.S. markets, the news outlet added.
Link to Seeking Alpha News Article - Aug 04, 2026
LITE 0.00%↑ COHR 0.00%↑ CIEN 0.00%↑
Networking stocks surge as Trump drafts ban on Chinese data center component: report
Optical transceivers serve as pluggable hardware modules that convert electrical signals into light pulses for fiber-optic networks. They combine a transmitter and a receiver into a single housing unit to link switches, routers, and servers.
The import ban is being drafted to prevent Chinese hardware manufacturers from installing malware, collecting data or disrupting services at U.S. data centers via these optical transceivers, the report said.
Several networking stocks surged during early Tuesday trading. Lumentum (LITE) jumped 13%, Coherent (COHR) climbed 14% and Ciena (CIEN) increased 9%.
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] SpaceX prioritizes Starlink launches, limiting rocket capacity for commercial customers
A Reuters analysis of launch data found Starlink missions accounted for roughly 79% of Falcon 9 launches so far in 2026, up from 54% in 2020. Multiple satellite operators told Reuters they have been informed that Falcon 9 capacity is effectively sold out until 2028 or 2029 as SpaceX (SPCX) shifts its focus toward its next-generation Starship rocket.
For investors, the launch squeeze could strengthen the outlook for companies developing alternatives to SpaceX (SPCX), including Rocket Lab (RKLB), while reinforcing long-term demand for missile, satellite and launch infrastructure. At the same time, limited launch availability may delay revenue for satellite operators that rely on third-party rockets to deploy spacecraft.
Starlink generated an estimated $11.4 billion in revenue in 2025, compared with about $4.1 billion from SpaceX’s launch services business.
The Falcon 9 has dominated the commercial launch market through rapid reuse and frequent flights, but launch prices have climbed from roughly $54 million in 2013 to about $74 million today.
Link to Seeking Alpha News Article - Aug 04, 2026
Chipotle shares tumble after Minnesota links jalapeños to salmonella outbreak
Chipotle Mexican Grill (CMG) shares fell as much as 9% on Tuesday after the company removed jalapeños from some restaurants amid a public health investigation into a salmonella outbreak linked to the supply chain.
Chipotle (CMG) said it identified jalapeños as a potential common ingredient from a common lot after activating its ingredient traceability system upon learning of the outbreak. The company said it removed the peppers from restaurants as a precaution and replaced them with products from different growers.
Minnesota health officials said they were investigating a salmonella outbreak that has sickened 110 people in the state and that many of those interviewed had reported eating at Chipotle (CMG) restaurants. Of the 84 people available for interview, 75 said they had eaten at a Chipotle (CMG) restaurant.
Link to Seeking Alpha News Article - Aug 04, 2026
COHR 0.00%↑ MRVL 0.00%↑ AVGO 0.00%↑ CRDO 0.00%↑ AXTI 0.00%↑ NVDA 0.00%↑ AMD 0.00%↑
[Newsletter Exclusive] US banning Chinese data center devices may have ‘unintended consequences,’ BNP says
BNP analyst Karl Ackerman said at first glance, the move is a positive for Coherent (COHR), which is the second largest supplier of transceivers, given that Innolight and Eoptolink are the first and third largest, respectively. However, Ackerman wonders if the Trump administration is blocking Chinese manufacturing firms, or Chinese manufacturing, given that Coherent’s largest manufacturing plant is in China.
Secondly, there could be negatives for Marvell Technology (MRVL), Broadcom (AVGO), Credo Technology (CRDO), and MaxLinear (MXL), Ackerman added, given they all compete in the optical digital signal processor space.
“The optical DSP is ~40% of the bill of materials, and every optical transceiver (save for LRO) requires a [digital signal processor],” Ackerman wrote in a note to clients. “Lasers are ~1/3 of the bill of materials for optical transceivers. While many laser manufacturers are based in the US and Japan, these laser manufacturers all still ship to every transceiver manufacturer. Eliminating Chinese transceiver suppliers overnight would create a significant demand vacuum for US laser suppliers such as Lumentum, Coherent, and Broadcom.”
Additionally, indium phosphide is used for silicon photonics, or SiPho, and electro-absorption modulated lasers. Given that Chinese transceiver suppliers are “significant” producers of SiPho transceivers, such a ban could negatively impact Aixtron, AXT (AXTI), JX Metals, Sumitomo, and IQE, Ackerman added.
Lastly, given how important Innolight and Eoptolink are to Nvidia (NVDA) and AMD (AMD) for their respective AI rack-scale systems, those two could also be impacted, Ackerman explained.
“It’s highly unlikely that US suppliers will be able to service the insatiable demand for 800G and 1.6T optical transceivers and components if there is an outright ban of Chinese transceivers,” Ackerman pointed out. “This decision would create even more tightness across AI components and result in accelerated inflationary pressure on US hyperscaler capex.”
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] Astera Labs Non-GAAP EPS of $0.80 beats by $0.11, revenue of $392.4M (+104.5% Y/Y) beats by $31.59M
For the quarter in progress, Astera Labs projects revenue ranging from $540M to $560M, which is much more than the $417M estimate. The company expects adjusted EPS to range from $1.16 to $1.21, which is also much more than the $0.81 estimate.
Jitendra Mohan (Co-Founder, CEO & Executive Director) said Scorpio reached a timing milestone: “High-radix Scorpio X-Series has entered volume production and will continue to scale materially in the second half of this year,” and “We expect Scorpio to become our largest product family in Q3, which is 1 quarter ahead of our prior expectations.”
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] Arista Networks Non-GAAP EPS of $1.02 beats by $0.13, revenue of $3.04B (+38.2% Y/Y) beats by $210M
For the third quarter of 2026, we expect:
Revenue of approximately $3.3 billion vs consensus of $2.95B.
Non-GAAP diluted net income per share between $1.06 and $1.08 vs consensus of $0.92.
Link to Seeking Alpha News Article - Aug 04, 2026
[Newsletter Exclusive] SpaceX GAAP EPS of -$0.09 beats by $0.20, revenue of $7.8B beats by $980M
SpaceX press release (SPCX): Q2 GAAP EPS of -$0.09 beats by $0.20.
Revenue of $7.8B (+90.2% Y/Y) beats by $980M.
Delivered 66% revenue and 79% income from operations growth year-over-year for the Connectivity segment,driven by a doubling of Starlink Subscribers and continued momentum in Enterprise & Government.
Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Connectivity revenues were up 32% sequentially and 66% year-over-year to $4.3 billion, driven by strong Starlink subscriber growth, with Consumer revenues up 16% sequentially and 44% year-over-year, and an increase in Enterprise &Government revenues, up 63% sequentially and 108% year-over-year.
Capital expenditures climbed to $18.4 billion during the second quarter, up from $10.1 billion in the first quarter and more than six times the $2.8 billion spent a year earlier. Nearly $15.8 billion of that total was invested in the company’s AI business as it expanded computing capacity and built out infrastructure supporting new cloud services agreements, while additional spending went toward Starlink satellites and Starship development.
The AI segment generated adjusted earnings before interest, taxes, depreciation and amortization of $1.15 billion, versus consensus expectations of just $66 million. Margins reached 45%, compared with an expected 3%, driven by roughly $14.1 billion in newly contracted cloud-services agreements.
Starlink subscribers doubled from a year earlier to 12 million after record net additions of 1.7 million
“We expect to end this year with over 2 gigawatts of compute.” (Founder & CEO Musk)
“In the first few weeks of the third quarter, we’ve already contracted an additional $6.7 billion of cloud services revenue over a 6-month period that begins ramping starting in October of this year.” (CFO Johnsen).
“We believe this puts us on a trajectory, including contribution from Cursor, to reach $100 billion of ARR or annualized revenue run rate by the end of this year.” (CFO Johnsen).
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] AMD Non-GAAP EPS of $1.66 beats by $0.05, revenue of $11.54B (+50.1% Y/Y) beats by $230M
Data Center segment revenue was $6.7 billion, up 107% year-over-year, driven by strong demand for AMD EPYC™ processors and AMD Instinct™ GPUs.
For the third quarter of 2026, AMD expects revenue to be approximately $13 billion, plus or minus $300 million vs. $12.51B consensus.
Link to Seeking Alpha News Article - Aug 04, 2026
Link to Seeking Alpha News Article - Aug 04, 2026
NioCorp confirms scandium supply deal with Lockheed Martin
NioCorp Developments (NB) confirmed post-market Tuesday it signed a memorandum of understanding with Lockheed Martin (LMT) for the potential purchase of as much as 15 metric tons/year of scandium oxide over the next 10 years.
Link to Seeking Alpha News Article - Aug 04, 2026
Solid Power targets announcing a South Korea electrolyte JV by year-end as it ramps a 45-metric-ton pilot line
“During the quarter, we improved the performance of our electrolyte through work under the Joint Evaluation Agreement with Samsung SDI and BMW, while providing electrolyte shipments to support their development activities.” (CEO, President & Director Van Scoter)
“Based on the progress we’ve made to date, we remain on track and expect to announce a joint venture by the end of the year.” (CEO, President & Director Van Scoter)
“Finally, we successfully completed the Line Installation Agreement with SK On and received the associated milestone payment during the quarter.” (CEO, President & Director Van Scoter)
Jacob Sekelsky, Alliance Global Partners: asked whether any major continuous-line equipment remained undelivered and how to think about ramp; CEO, President & Director Van Scoter: “We do not have any major equipment outstanding” and “the capacity for that one line is 45 metric tons once it is fully commissioned, and we would expect to output from that line in the first quarter of next year.”
Link to Seeking Alpha News Article - Aug 04, 2026
Uber and Wayve secure London licenses for autonomous ride trials
Uber Technologies (UBER) and Wayve moved closer to launching autonomous ride services in London after Transport for London granted Private Hire Vehicle licenses to Wayve’s autonomous vehicles.
The licences were issued for Wayve’s all-electric Ford Mustang Mach-E vehicles, which are equipped with the company’s AI Driver technology along with surround cameras and radar systems.
Wayve has been testing its autonomous driving technology on London roads since 2018 and said its systems have since been demonstrated across more than 500 cities globally, Uber (UBER) said it is expanding its autonomous mobility strategy through partnerships with more than 30 autonomous vehicle companies.
Link to Seeking Alpha News Article - Aug 05, 2026
Amprius Technologies beats top-line estimates; raises FY26 outlook
Amprius Technologies press release (AMPX): Q2 Non-GAAP EPS of -$0.02 in-line.
Revenue of $34.02M (+125.7% Y/Y) beats by $4.75M.
“I’m happy to report that we’ve received a $24 million order from a new European customer, a drone manufacturer that uses our SA124 SiCore cylindrical cells. We started to deliver our batteries to this customer in Q2 and will continue to do so for the next 3 quarters” (CEO Stepien).
“We have signed a 3-year contract with Stark Future... We expect revenues from our relationship to Stark to be at least $100 million through 2029, with shipments expected to start early next year” (CEO Stepien).
Increasing 2026 revenue outlook to at least $140.0 million (vs. consensus of $132.12M), reiterating targets for net loss below $10.0 million, and positive non-GAAP Adjusted EBITDA of at least $4 million.
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] Eos Energy Enterprises reports mixed Q2 results; narrows FY26 outlook
Eos Energy Enterprises press release (EOSE): Q2 GAAP EPS of -$1.20 misses by $0.98.
Revenue of $68.78M (+351.3% Y/Y) beats by $0.1M.
Tightened full-year 2026 revenue guidance to $300 million to $350 million (vs. consensus of $311.19M), from the prior range of $300 million to $400 million, and is evaluating the timing of consolidating manufacturing operations into its Thorn Hill facility to drive efficiencies, enhance margins, and support long-term profitability.
Link to Seeking Alpha News Article - Aug 05, 2026
Uber Non-GAAP EPS of $0.81 beats by $0.01, revenue of $14.19B (+11.7% Y/Y) misses by $70M
“Gross bookings grew 22% year-on-year to more than $58 billion” and “non-GAAP EPS” grew “35% year-over-year,” while “trailing 12-month free cash flow” was “exceeding $10 billion for the first time in our history,” said CEO & Director Dara Khosrowshahi.
(Chief Financial Officer Balaji Krishnamurthy) described the company’s AV funding approach: “the $10 billion of AV investments we’re talking about here, this is investment over a multiyear period,” split between “equity investments” in partners and balance-sheet support to “bootstrap the AV infrastructure on the ground.”
(CEO & Director Khosrowshahi) reiterated AV deployment milestones: “we’re live in 7 cities, and we’re on track to be live in 15 cities by year-end,” citing launches including “Nuro Lucid” in the Bay Area, “Zoox” in Vegas, and “Wayve” in London and Tokyo.
For Q3 2026, we anticipate:
Gross Bookings of $58.25 billion to $60.25 billion, representing growth of 18% to 22% YoY on a constant-currency basis.
Non-GAAP EPS of $0.84 to $0.88, representing growth of 28% to 35% YoY.
The company’s outlook for the current quarter came in short of the street’s consensus estimate of $0.91.
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] Eli Lilly Non-GAAP EPS of $8.38 beats by $1.80, revenue of $23B (+47.8% Y/Y) beats by $2.31B
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
$SIEGY
Siemens Energy’s Q3 profit triples, orders hit record on U.S. data center demand
Q3 profit before special items more than tripled to €1.62B, which beat a company-compiled €1.38B analyst consensus estimate, and sales jumped 18.5% to €11.45B, which also topped a forecast of €11.22B.
Q3 overall orders rose 8.5% Y/Y to €17.93B, with gas services orders surging 61.9% to €9.97B, as the segment enjoyed a massive boost from large orders related to data centers in the U.S., also helped by power plants in the Middle East and Asia, the company said.
However, the segment’s momentum in gas services did not quite match the upside surprises its reporting peers have shown, RBC Capital analysts said in a note.
Link to Seeking Alpha News Article - Aug 05, 2026
Ocean Power Technologies wins contract in $40M U.S. Navy ocean mapping program
Ocean Power Technologies (OPTT) announced on Wednesday that it has been selected as one of six potential awardees under a $40M multiple-award, indefinite-delivery/indefinite-quantity, or IDIQ, contract supporting the Naval Oceanographic Office.
The firm-fixed-price contract will support high-resolution ocean-floor mapping services using long-endurance unmanned surface vehicles. Work will be performed across the Indian and Pacific Ocean basins based on NAVOCEANO mission requirements.
The company highlighted that the contract has a two-year ordering period anticipated to begin in August 2026 and continue through July 2028.
Under the multiple-award structure, individual task-orders will be competed among the contract holders. The $40M represents the aggregate contract ceiling across all awardees.
Link to Seeking Alpha News Article - Aug 05, 2026
D-Wave Quantum in focus as new paper suggests hardware breakthrough
The study, published in the scientific journal Nature, shows a “fast, high-fidelity, two-qubit entangling gate that preserves the error-correction advantages of D-Wave’s superconducting dual-rail qubit architecture,” the company said in a statement.
“The results address one of the industry’s most consequential challenges by reducing the immense quantum and classical hardware overhead typically required to detect and correct quantum errors as systems scale,” D-Wave added.
“Gate-model quantum computing’s greatest remaining challenge is not simply building more qubits. It is building systems that can correct errors efficiently as they scale,” said Dr. Alan Baratz, CEO of D-Wave. “Superconducting quantum computers are known for speed, but achieving the high fidelity needed for scalable, fault-tolerant systems has remained a challenge. This research demonstrates that our dual-rail architecture combines fast superconducting operations with high-fidelity performance while preserving native hardware-level error detection. We believe that this work confirms our path to commercial fault-tolerant quantum computing is practical and achievable.”
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] EVgo outlines path to ~$0.5B adjusted EBITDA by 2030 as it plans EVgo-branded Tesla superchargers
“EVgo and Tesla have entered into an agreement to deploy EVgo branded superchargers.” He said EVgo will “own these EVgo branded superchargers, select their location and set pricing, while Tesla builds and operates the chargers under a long-term arrangement,” with deployments “in dozens of cities across the U.S. starting this year.”
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] IonQ Non-GAAP EPS of -$0.33 misses by $0.03, revenue of $80.05M (+286.9% Y/Y) beats by $13.63M
2026 Financial Outlook:
For the full year 2026, IonQ is raising its revenue expectations to between $280 million and $290 million vs $268.25M consensus. For the full year, IonQ continues to expect strong organic growth of 100% year-on-year
Link to Seeking Alpha News Article - Aug 05, 2026
Joby Aviation GAAP EPS of -$0.25 misses by $0.02, revenue of $38.6M beats by $8.22M
The company said it made its strongest quarterly progress yet in the fifth and final stage of FAA type certification. Joby Aviation (JOBY) now has five aircraft flying, including its first FAA-conforming aircraft, while 12 additional aircraft are in various stages of production.
Management continues to target carrying its first passengers during 2026 under the White House-backed Electric Vertical Takeoff and Landing Integration Pilot Program, with initial demonstration flights in the Dallas-Fort Worth area expected in September.
During the quarter, Joby Aviation (JOBY) announced a joint venture with Toyota to support high-volume aircraft manufacturing and formed a partnership with Travis Kalanick’s infrastructure company Atoms to develop air taxi hubs across launch markets including Florida, New York, Texas and California.
“We’ll be focusing initially on Florida, New York and Texas” (CEO Bevirt)
James Kirby, JPMorgan: asked manufacturing cadence and year-end aircraft count; CEO Bevirt said Joby is targeting “at least 2 aircraft to come off the line over the back half of the year” (CEO Bevirt).
Christopher Pierce, Needham: asked what to expect in September Texas; CEO Bevirt said it is “staged” and Texas flights are planned “over a course of a week” (CEO Bevirt). Pierce also asked Dubai timing; CEO Bevirt said partners are “as leaned in as ever” and noted, “we have an aircraft over there” (CEO Bevirt).
The company ended June with $2.3 billion in cash, cash equivalents and short-term investments, providing substantial funding for its commercialization plans.
Joby Aviation (JOBY) increased its full-year revenue outlook to a range of $115 million to $125 million. The midpoint of $120 million is above Wall Street’s consensus estimate of $114 million. The company didn’t provide full-year earnings guidance.
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
SoundHound AI Non-GAAP EPS of -$0.02 beats by $0.03, revenue of $61.9M (+45.0% Y/Y) beats by $9.51M
Based on the company’s strong performance in the second quarter the company is raising its full year 2026 revenue outlook to now be a range of $230 - $260 million.
“I’m delighted to report an outstanding second quarter... our largest all-time quarter with $62 million in revenue” (CEO Keyvan Mohajer), adding, “Our results were beyond our own expectations,” and attributing the quarter’s momentum to “OASYS, SoundHound’s self-learning agentic AI platform that we launched in May this year,” where “we are winning in demos... RFPs... pilots... and... as we scale with our customers in production” (CEO Mohajer).
“We recently signed an 8-figure commitment in less than 90 days from the initial demo to contract signature” (CEO Mohajer), and he tied faster deployments to OASYS’s “AI builds AI” capability, saying it enables customers to “create agents... in just a few minutes” (CEO Mohajer).
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Axon Enterprise Non-GAAP EPS of $1.88 beats by $0.04, revenue of $904.3M beats by $27.84M
Axon Enterprise press release (AXON): Q2 Non-GAAP EPS of $1.88 beats by $0.04.
Revenue of $904.3M (+35.3% Y/Y) beats by $27.84M.
Annual recurring revenue grows 39% to $1.6 billion; net revenue retention reaches 126%.
Software & Services revenue grows 36% year over year to $398 million; AI Era revenue grows nearly 700%.
Platform Solutions revenue grows 123% year over year to $150 million; Dedrone revenue surpasses $100 million.
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] TTM Technologies Non-GAAP EPS of $0.99 beats by $0.09, revenue of $1B (+36.9% Y/Y) beats by $34.95M
The company’s Data Center and Networking business accounted for 40% of second-quarter sales and expanded 91% from a year earlier, making it TTM’s (TTMI) fastest-growing end market. Aerospace and Defense represented 37% of revenue and posted 14% growth, while total program backlog topped $1.7 billion and the company’s overall book-to-bill ratio reached 1.49.
TTM (TTMI) forecast third-quarter revenue of $1.10 billion to $1.14 billion, comfortably above Wall Street’s consensus estimate of $1.05 billion. The company expects adjusted earnings of $1.21 to $1.27 a share, also well ahead of analysts’ expectations for $1.11.
Management also significantly raised its outlook for the full year. TTM (TTMI) now expects approximately $4.4 billion in 2026 revenue, compared with Wall Street’s consensus forecast of $4.0 billion.
It also expects adjusted earnings to approach $5.00 a share, above the consensus estimate of $4.04. The outlook excludes any contribution from the pending acquisitions of Swiss Technology Group AG and ILFA GmbH.
The company said the acquisitions will expand its manufacturing footprint into Europe while supporting additional organic and acquisition-driven growth opportunities.
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] Redwire Non-GAAP EPS of -$0.09 beats by $0.04, revenue of $117.07M (+89.6% Y/Y) beats by $9.41M
Link to Seeking Alpha News Article - Aug 05, 2026
[Newsletter Exclusive] Aeva outlines optical connectivity ramp starting in 2027 while targeting multiple millions of units annually
“Q2 was another strong quarter at Aeva,” said CEO Soroush Dardashti (Co-Founder, CEO & Director), adding, “we announced today our entrance into a very exciting new market beyond sensing applications.”
CEO Dardashti (Co-Founder, CEO & Director) described the new initiative as “the launch of the Aeva Optical Connectivity business,” saying it “leverages Aeva’s high optical power source and silicon photonics technology to enable next-generation AI data centers.”
CEO Dardashti (Co-Founder, CEO & Director) said Aeva “just signed a key joint development agreement with a leading provider of high-speed optical engines” tied to “a major hyperscaler,” with “the potential to start initial volumes in 2027 and ramping in 2028.” He added, “we’ve also established a dedicated team,” and “Pradeep Srinivasan… taking an expanded role as Senior VP of Optical Connectivity.”
CEO Dardashti (Co-Founder, CEO & Director) highlighted manufacturing scale-up, saying, “we have begun manufacturing at our fully automated assembly line at Jabil in North America.”
Link to Seeking Alpha News Article - Aug 06, 2026
Eyes on the skies: Walmart expands drone partnership with Alphabet’s Wing to Florida
Walmart (WMT) and Alphabet-owned Wing expanded their drone delivery service to parts of Central Florida last week, marking the program’s entry into its fifth U.S. state. The service currently operates from Supercenters in Apopka and Clermont, reaching more than 50K homes and businesses with deliveries in roughly 20 to 30 minutes.
Customers of the new service can order small, lightweight items such as groceries, school supplies, electronics, and over-the-counter medicine, which are flown by autonomous drones and lowered to the ground via a tether system. In Florida, Wing’s drones can carry up to 2.5 pounds per flight, with plans to raise that limit to 5 pounds.
Walmart (WMT) is offering drone delivery free for Walmart+ members for a limited time, while charging about $19.99 per delivery for non-members. Coverage around Orlando is expected to grow in the coming weeks as service extends to additional stores in Ocoee, Clermont, and Haines City.
Looking ahead, Walmart and Wing view Florida as a key piece of a much larger national rollout that aims to create what they describe as the world’s largest retail drone delivery network. The companies plan to expand drone delivery to more than 270 Walmart locations by the end of 2027, adding roughly 150 new stores in 2026 alone and ultimately reaching over 40M Americans. Planned expansion markets include major metro areas such as Los Angeles, St. Louis, Cincinnati, Miami, and several others, alongside the seven additional cities announced for 2027—Memphis, New Orleans, Philadelphia, Phoenix, San Diego, the San Francisco Bay Area, and Salt Lake City.
Wing began in 2012 as a Google (GOOG) (GOOGL) X “moonshot” project, conducting its first autonomous delivery tests in Australia in 2014. By 2018, it graduated into an independent Alphabet subsidiary. In 2019, Wing made aviation history as the first drone company to secure FAA Air Carrier Certification, launching America’s first commercial home-delivery service in Virginia.
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Howmet Aerospace rises on earnings beat, gas-turbine demand
Howmet Aerospace Non-GAAP EPS of $1.22 beats by $0.11, revenue of $2.31B (+19.1% Y/Y) beats by $70M
Revenue grew 28% in commercial aerospace, 11% in defense aerospace and 38% in gas turbines.
Executive Chairman and Chief Executive Officer John Plant said, “Demand in the gas turbines market is extraordinary with customers already revisiting and adding to their demand outlooks.”
Howmet (HWM) forecast third-quarter revenue of $2.57 billion to $2.59 billion. The midpoint of $2.58 billion is above the Wall Street consensus estimate of $2.47 billion.
The company projected third-quarter adjusted earnings of $1.34 to $1.36 a share. The midpoint of $1.35 is above the consensus estimate of $1.26.
Howmet (HWM) raised its full-year revenue forecast to $10 billion to $10.1 billion, with a midpoint of $10.05 billion. That compares with its prior range of $9 billion to $9.2 billion and Wall Street’s estimate of $9.76 billion.
The company increased its full-year adjusted ebitda outlook to $3.21 billion to $3.25 billion. The midpoint rose by $170 million to $3.23 billion.
Full-year adjusted earnings are now projected at $5.23 to $5.31 a share, with a midpoint of $5.27. Howmet (HWM) also raised its free cash flow forecast to $1.85 billion to $1.95 billion.
Link to Seeking Alpha News Article - Aug 06, 2026
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Centrus Energy Non-GAAP EPS of $1.77 beats by $0.96, revenue of $176.1M (+14.0% Y/Y) beats by $26.25M
CEO Amir Vexler said that “by signing the DOE’s enrichment award, we have unlocked substantial nondilutive, non-debt funding to advance our commercial centrifuge build-out program.”
CEO Vexler said Centrus “completed all HALEU production requirements under our existing demonstration contract with the DOE 2 weeks ahead of schedule” and that, since the HALEU operations contract began, the company has “contractually produced nearly 2 metric tons of HALEU UF6 for the government,” while “the first new capacity from this transition is expected to come online by 2029.”
William Peterson, JPMorgan: Asked about buyer behavior ahead of the Russian import ban and potential working-capital/inventory implications; CEO Vexler said he was seeing “very strong order momentum” and “tightness on the supply side towards the end of the decade,” while not detailing customer discussions.
David Choe, UBS Investment Bank: Asked about X-energy delivery cadence and whether volumes could come from the demonstration cascade; CEO Vexler said the agreement was “definitive” and included “a prepayment,” but added: “unfortunately, I cannot provide too many details around deliveries and other specific terms under the contract.”
Mark Shooter, William Blair: Asked how Oklo and X-energy HALEU agreements compare; CEO Vexler said Centrus is seeing more customers commit to “legally binding agreements,” described LOIs as “a step that precedes a definitive contract,” and highlighted “prepayments” as a recurring theme.
For the full year 2026, on a consolidated basis, Centrus expects:
Total revenue to be in the range of $450 million to $500 million.
Total capital deployment to be in the range of $350 million to $500 million, driven by increased investment in the Company’s industrial build out related to its centrifuge manufacturing.
Link to Seeking Alpha News Article - Aug 05, 2026
Link to Seeking Alpha News Article - Aug 06, 2026
X-Energy surges after signing uranium enrichment deal with Centrus Energy
Centrus Energy (LEU) up 6.6% pre-market Thursday after saying it signed a contract to provide X-Energy (XE) with enrichment services for low-enriched uranium and high-assay, low-enriched uranium in quantities that are expected to support X-Energy’s initial Xe-100 small modular reactors and TRISO-X fuel deployments.
X-Energy (XE) will provide prepayments to Centrus (LEU) to support its domestic commercial enrichment capacity program at the American Centrifuge Plant in Ohio, but contract terms were not disclosed.
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] The three-year itch: Why this bull market might just be getting started
The bull run, which started in October 2022, is now 3.8 years old and boasts a gain of over 115%. While a triple-digit return over nearly four years might feel overextended to some, historical precedent paints a highly optimistic picture for the years ahead.
A recent historical chart published by Carson Investment Research overlays the current market’s trajectory with every bull run of the past fifty years that successfully crossed the three-year threshold. When mapping out these seasoned bull markets, a clear trend emerges: once a rally establishes itself past the 36-month mark, it rarely suffers a premature death.
A look at the comparable historical periods shows just how far these mature runs can go:
The Dot-Com Boom (Dec ‘87 - March 2000): The granddaddy of modern bull markets lasted a staggering 12.3 years, eventually returning nearly 600%.
The Post-Financial Crisis Recovery (March ‘09 - February ‘20): This steady climb dominated the 2010s, running for 11.0 years and gaining over 400% before the pandemic abruptly ended it.
The 70s/80s Transition (October ‘74 - November ‘80): Enduring through a period of high inflation, this market lasted 6.2 years.
The Mid-80s Surge (August ‘82 - August ‘87): A powerful 5.0-year run that netted investors roughly 200%.
The Mid-2000s Run (October ‘02 - October ‘07): Another solid 5.0-year stretch that doubled the market before the 2008 housing crash.
The present bull market is tracking comfortably within the historical pack. It has already outpaced the percentage gains seen at the same timeline during the 1974 and 2002 rallies, though it trails the explosive trajectory of the 1982 and 2009 markets.
Notably, the data points out that none of the bull markets in the last half-century that made it to this age ended before the 5-year mark. If the current one merely matches the shortest of these historical peers (the runs ending in 1987 and 2007), investors would still have over a year of growth ahead of them. If it follows the path of the mega-bulls of the 90s or 2010s, this rally could carry well into the 2030s.
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Roundhill launches optics and neocloud ETFs as AI data centers scale
The Roundhill Photonics and Optics ETF (LYTE), trading under the ticker LYTE, targets the optical technologies that enable high-speed data transmission inside AI data centers. As operators replace traditional copper interconnects with light-based systems to support larger and denser computing clusters, LYTE provides concentrated exposure to the companies driving that shift. The fund holds 12 stocks and carries an expense ratio of 0.65%. Lumentum Holdings (LITE) currently represents its largest position at 15.42%.
Complementing that strategy is the Roundhill Neocloud ETF (NCLD), ticker NCLD. This fund focuses on the emerging “neocloud” providers that lease GPU computing capacity essential for training and running large AI models. Firms such as Nebius (NBIS), CoreWeave (CRWV), and IREN (IREN) effectively function as the toll roads of the AI buildout by supplying the specialized hardware infrastructure that model developers require. NCLD contains 16 holdings, also charges a 0.65% expense ratio, and lists NBIS as its top allocation at 30.83%.
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Tesla is building a monster Terafab chip complex - these stocks could also benefit
Tesla (TSLA) confirmed on Thursday that its massive Terafab will be built in Grimes County, Texas. The Austin-based company broke ground on its research fab on the North Campus of Giga Texas in April, a site that it calls a precursor to Terafab. The initial investment is $16.8B.
In a nutshell, Terafab is a planned, ultra-large semiconductor manufacturing complex that Tesla (TSLA), SpaceX (SPCX), and xAI intend to build to produce advanced artificial-intelligence chips at unprecedented scale. It is designed as a vertically integrated “chip city” that brings every major stage of chip production (design, wafer fabrication, memory manufacturing, advanced packaging, and testing) under one roof, rather than spreading these steps across multiple facilities and companies as is typical today.
The goal is to generate more than one terawatt of AI compute capacity per year, supplying chips for Tesla’s (TSLA) vehicles and Optimus humanoid robots, as well as for space-based AI data centers and solar-powered satellites envisioned by SpaceX (SPCX) and xAI.
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Oklo’s Groves reactor achieves first ‘criticality’ under DoE program
Oklo (OKLO) up 1% in Thursday’s trading following news that its Groves Isotope Test Reactor in Texas has reached “criticality” after achieving a controlled, self-sustaining nuclear chain reaction at low power.
Oklo (OKLO) said the milestone comes less than a year after groundbreaking and follows U.S. Department of Energy authorization through the agency’s Reactor Pilot Program.
Groves is part of the company’s broader effort to build domestic isotope production capabilities for healthcare, industry, research, space, and national security applications.
The reactor is a demonstration version of the technology Oklo (OKLO) plans to use in its new medical isotope business, although the company said it will help its efforts to build reactors that generate electricity.
Reaching criticality is a necessary but far from sufficient step toward commercialization for small modular reactors, which face various hurdles with none yet operating commercially in the U.S.
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Rigetti Computing Non-GAAP EPS of $0.05 beats by $0.10, revenue of $5.14M (+185.6% Y/Y) beats by $0.01M
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] MP Materials Non-GAAP EPS of -$0.01 misses by $0.01, revenue of $108.49M (+89.0% Y/Y) beats by $12.54M
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Applied Optoelectronics Non-GAAP EPS of $0.06 beats by $0.05, revenue of $191.9M (+86.3% Y/Y) beats by $1.42M
Dr. Stefan Murry (CFO & Chief Strategy Officer) gave the 800G and 1.6T pipeline update: “we expect revenue from our 800G products to grow by nearly 5x sequentially in the third quarter,” and “we expect full qualification of our first 1.6 terabit product by this customer within the next couple of weeks, followed by shipments of 1.6 terabit beginning later this quarter.”
Simon Leopold, Raymond James: asked about timing of the previously discussed 1.6T order; Murry said deliveries start “very late in the third quarter and then ramp into the fourth quarter,” and “the bulk of it should get delivered in the fourth quarter.”
Leopold, Raymond James: asked about Chinese laser supply risk; Lin said the CPO laser market would require capacity “8 to 10x bigger compared to today,” and added, “I think… no effect at all because the demand is much bigger than the worldwide capacity.”
Notter, Wolfe Research: pressed on 800G ramp readiness; Murry said, “if we could produce more, we could ship more right now,” and described capacity rising from “roughly 200,000 pieces a month… to about 650,000 pieces a month by the end of the year.”
For third quarter of 2026, the company currently expects:
Revenue in the range of $255 million to $290 million vs $264.56M consensus
Non-GAAP net income in the range of $10.1 million to $24.0 million, and non-GAAP income per share in the range of $0.11 to $0.26 vs $0.28 consensus
Link to Seeking Alpha News Article - Aug 06, 2026
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Ouster GAAP EPS of -$0.27 beats by $0.02, revenue of $54.63M (+55.9% Y/Y) beats by $3.75M
Link to Seeking Alpha News Article - Aug 06, 2026
[Newsletter Exclusive] Serve Robotics Inc. Non-GAAP EPS of -$0.59 in-line, revenue of $3.24M (+406.3% Y/Y) misses by $0.68M
The Company revised its full year 2026 revenue guidance to a range of $9 million to $10 million. The revision reflects lower than expected delivery volume through the Company’s Uber Eats partnership, including a decline reflected in Q2 results and the removal of projected demand in the second half of 2026.
Serve cut its 2026 revenue guidance to $9M-$10M from its prior outlook, citing weaker-than-expected delivery volumes through its Uber Eats partnership, including softer second-quarter demand and the removal of projected demand for the second half of the year.
The company, however, lowered its expected full-year non-GAAP operating expenses to $140M-$150M from $160M-$170M previously, reflecting tighter cost controls.
Link to Seeking Alpha News Article - Aug 06, 2026
Link to Seeking Alpha News Article - Aug 07, 2026
Energy Vault signs contract for 1.25 GW of AI data center power infrastructure in Texas
Energy Vault (NRGV) up 16.5% in Friday’s trading after saying it signed its largest-ever contract to build 1.25 GW of battery energy storage systems for AI data centers in Texas, expecting a revenue impact of $500M-$600M in 2026-27.
Energy Vault (NRGV) said it will partner with an unnamed hyperscaler customer in Texas to jointly deploy a repeatable AI power infrastructure platform that combines dispatchable power generation, intelligent battery energy storage, grid-forming inverter systems, advanced AI infrastructure controls software, and turnkey EPC and plant integration into a single integrated solution.
The company’s partner, a national turnkey power generation engineering, procurement, and construction contractor, will provide Caterpillar gensets and EPC capabilities.
Link to Seeking Alpha News Article - Aug 07, 2026
Disclosure: We own positions in some/all of the tickers mentioned in this article.
