Image source: The Motley Fool. Wednesday, March 4, 2026, at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Subodh Kulkarni Chief Financial Officer — Jeff Bertelsen Chief Technology Officer — David Rivas Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Reported Revenue -- $1.9 million, down from $2.3 million, attributed by management to the timing of system deliveri...
Image source: The Motley Fool. Wednesday, March 4, 2026, at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Subodh Kulkarni Chief Financial Officer — Jeff Bertelsen Chief Technology Officer — David Rivas Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Reported Revenue -- $1.9 million, down from $2.3 million, attributed by management to the timing of system deliveries and government contract activity. -- $1.9 million, down from $2.3 million, attributed by management to the timing of system deliveries and government contract activity. Gross Margin -- 35% for the quarter, a decrease from 44%, with contract mix and lower-margin government work cited as the main factors. -- 35% for the quarter, a decrease from 44%, with contract mix and lower-margin government work cited as the main factors. Operating Expenses -- $23.2 million for the quarter, up from $19.5 million, with spending concentrated in research and development, engineering headcount, and system integration. -- $23.2 million for the quarter, up from $19.5 million, with spending concentrated in research and development, engineering headcount, and system integration. Stock-Based Compensation -- $5.6 million in the quarter, an increase from $3.4 million in the prior year period. -- $5.6 million in the quarter, an increase from $3.4 million in the prior year period. Operating Loss -- $22.6 million, worsened from $18.5 million; management states GAAP net loss for the full year improved due to non-cash changes in warrant and earn-out liabilities. -- $22.6 million, worsened from $18.5 million; management states GAAP net loss for the full year improved due to non-cash changes in warrant and earn-out liabilities. Non-GAAP Net Loss -- $11.3 million or $0.03 per share, compared to $14 million or $0.06 per share. -- $11.3 million or $0.03 per share, compared to $14 million or $0.06 per share. Cash and Equivalents -- $590 million at year-end, significantly increased from $270 million, describ...
is a senior science reporter covering energy and the environment with more than a decade of experience. She is also the host of Hell or High Water: When Disaster Hits Home , a podcast from Vox Media and Audible Originals. Leaders from Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI met with President Donald Trump today to sign a “rate payer protection pledge.” It’s one way they’re respond...
is a senior science reporter covering energy and the environment with more than a decade of experience. She is also the host of Hell or High Water: When Disaster Hits Home , a podcast from Vox Media and Audible Originals. Leaders from Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI met with President Donald Trump today to sign a “rate payer protection pledge.” It’s one way they’re responding to growing bipartisan concerns about electricity rates rising as tech companies and the Trump administration rush to build out a new generation of AI data centers. “[Tech companies] need some PR help because people think that if a data center goes in, their electricity prices are going to go up,” Trump said during the event. “Some centers were rejected by communities for that and now I think it’s going to be the opposite.” Trump signed a proclamation formally introducing the ratepayer protection pledge today during a roundtable event, following up on claims he made during his State of the Union speech last week. The proclamation says that “these companies will build, bring, or buy the new generation resources and electricity needed to satisfy their energy demands, and pay for all new power delivery infrastructure upgrades to service their data centers.” “People think that if a data center goes in, their electricity prices are going to go up.” The move comes as tech companies scramble to quell growing opposition to data centers that require tremendous amounts of electricity to train and run generative AI models. Household electricity bills rose 13 percent nationally in 2025, according to a December report from advocacy group Climate Power. And data center electricity demand could double or triple by 2028, the Department of Energy estimates. According to the proclamation, the seven companies present at the event have “accepted the terms of the Ratepayer Protection Pledge” and that “the commitments embodied therein effectuate the national policy of the United States.” It a...
Tuangtong Ecuador and the United States have carried out a joint military operation targeting powerful criminal gangs, marking a new phase in Washington’s expanding campaign against drug trafficking groups in Latin America. The operation took place Tuesday and focused on organizations the U.S. government has designated as foreign terrorist groups, including Los Choneros and Los Lobos, according to...
Tuangtong Ecuador and the United States have carried out a joint military operation targeting powerful criminal gangs, marking a new phase in Washington’s expanding campaign against drug trafficking groups in Latin America. The operation took place Tuesday and focused on organizations the U.S. government has designated as foreign terrorist groups, including Los Choneros and Los Lobos, according to the U.S. Southern Command. The move reflects a broader strategy by the Trump administration to intensify pressure on drug-trafficking networks across the region. In recent months, U.S. intelligence helped Mexican authorities track cartel leader Nemesio “El Mencho” Oseguera before he was killed in an operation last month. The U.S. military has also intercepted dozens of suspected drug-smuggling boats in Caribbean and Pacific waters since late last year. Ecuadorian President Daniel Noboa said the country is entering “a new phase” in its fight against organized crime, adding that joint missions with international partners would continue as authorities move aggressively against narcotrafficking and illegal mining. The operation followed meetings in Quito between Noboa and U.S. Southern Command chief Gen. Francis Donovan to expand security cooperation. Donovan described Ecuador as a key partner in the fight against drug traffickers. U.S. support has included funding for surveillance technology and drones as well as a temporary deployment of U.S. Air Force personnel to Ecuador’s Manta air base to assist with anti-drug missions. Ecuador has become a critical transit hub for cocaine shipments moving from neighboring Colombia to markets in the United States and Europe. The surge in trafficking has fueled escalating violence as local gangs linked to Mexican cartels and international crime groups battle for control of smuggling routes. Once considered one of Latin America’s safest countries, Ecuador now faces one of the world’s highest homicide rates. Noboa has responded with an aggr...
Australia’s veterinary medicines regulator has suspended the use of florfenicol in salmon in Tasmania because of the “unacceptable risk” the antibiotic poses to other species. The Bob Brown Foundation said the Australian Pesticides and Veterinary Medicines Authority’s (APVMA) decision was an “indictment of the industrial fish farm companies and their complete disregard for the marine environment”....
Australia’s veterinary medicines regulator has suspended the use of florfenicol in salmon in Tasmania because of the “unacceptable risk” the antibiotic poses to other species. The Bob Brown Foundation said the Australian Pesticides and Veterinary Medicines Authority’s (APVMA) decision was an “indictment of the industrial fish farm companies and their complete disregard for the marine environment”. The APVMA granted an emergency permit in November 2025 to allow the industry to use florfenicol to treat outbreaks of the bacterial disease piscirickettsiosis in fish farms in southern Tasmania, which had caused mass salmon deaths. More than 1 million salmon died at Tasmanian fish farms in February 2025 in what authorities and the industry described as an “unprecedented” mass death triggered by an outbreak of piscirickettsia salmonis bacteria. Sign up: AU Breaking News email The authority notified the industry in February that it planned to suspend the permit after traces of the drug were found in wild fish species as much as 10km from the marine pens, unless the industry could provide evidence justifying its continued use. “Information received by the APVMA on 2 March 2026 has been reviewed, and it has been concluded that there was no new data, or any evidence of measures that would address the APVMA’s concerns,” the authority said in a statement on Thursday. “The product holder has been advised that the permit has been suspended and that the product can no longer be used under the provisions of the permit.” Alistair Allan, an Antarctic and marine campaigner at the Bob Brown Foundation, said it was the right decision. “The use of the antibiotic was deemed an unacceptable risk to other marine species, but the truth is that the industrial fish farms are an unacceptable risk, in everything they do, to marine species,” he said. He said the “reckless use” of the antibiotic had been “met with huge community concern from day one”. Guardian Australia has sought comment from Salmo...
What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Clearline Capital LP increased its stake in Core Scientific (CORZ +3.66%) by 3,436,127 shares. The quarter-end position value rose $45.79 million, a figure that reflects both share purchases and stock price movement. What else to know The post-trade position represents a buy, making up 3.37% of Cl...
What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Clearline Capital LP increased its stake in Core Scientific (CORZ +3.66%) by 3,436,127 shares. The quarter-end position value rose $45.79 million, a figure that reflects both share purchases and stock price movement. What else to know The post-trade position represents a buy, making up 3.37% of Clearline Capital’s 13F reportable AUM Top holdings after the filing: NASDAQ: SATS: $96.04 million (7.2% of AUM) NASDAQ: TLN: $50.16 million (3.8% of AUM) NASDAQ: MU: $48.21 million (3.6% of AUM) NYSE: ROG: $43.30 million (3.3% of AUM) NYSE: PRMB: $40.78 million (3.1% of AUM) As of February 17, 2026, shares were priced at $17.23, up 39.1% over the past year, outperforming the S&P 500 by 25.81 percentage points. Company overview Metric Value Market Capitalization $4.95 billion Employees 325 Revenue (TTM) $319.02 million Net Income (TTM) $-280.74 million Company snapshot Core Scientific is a leading provider of digital asset mining and blockchain infrastructure services, leveraging large-scale datacenter facilities and proprietary software to support both proprietary mining and third-party hosting. The company works in two main areas: equipment sales and hosting. This lets it benefit from both direct mining and enterprise customers who need secure, scalable blockchain solutions. Its integrated approach and large operations make it a key infrastructure provider in North America's digital asset market. The company provides digital asset mining, blockchain infrastructure, and colocation hosting services, with revenue generated from mining operations, and hosting fees. Core Scientific serves institutional digital asset miners, and enterprise clients seeking blockchain infrastructure solutions in North America. What this transaction means for investors The economics of Bitcoin mining are relatively straightforward. For operators such as Core Scientific Inc., profitability primarily ...
Key Points It's building a facility for a subsidiary of a noted AI data center operator. The company also posted its fourth-quarter and full-year 2025 results. 10 stocks we like better than Babcock & Wilcox Enterprises › One of the best-performing stocks on Hump Day was from an under-the-radar company that's been plying its trade for almost 160 years. Babcock & Wilcox Enterprises (NYSE: BW), which...
Key Points It's building a facility for a subsidiary of a noted AI data center operator. The company also posted its fourth-quarter and full-year 2025 results. 10 stocks we like better than Babcock & Wilcox Enterprises › One of the best-performing stocks on Hump Day was from an under-the-radar company that's been plying its trade for almost 160 years. Babcock & Wilcox Enterprises (NYSE: BW), which concentrates on the design and sale of power-generation assets, saw its share price zoom nearly 46% higher that trading session, on news of the start of a new project. A $2.4 billion win Before market open that day, Babcock & Wilcox announced it had received a full notice to proceed with a design-build project with power producer Base Electron. The goal of the project, which the company said will earn it $2.4 billion, is to deliver 1.2 gigawatts of new electricity generation capacity for Base Electron's owner, artificial intelligence (AI) data center operator Applied Digital. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Babcock & Wilcox is the key contractor on this project. It said it will not only design the power plant, but also procure equipment for its operation, and construct the facility. The company was clearly excited about the project. It quoted CEO Kenneth Young as saying that the work "further underscores the strategic role B&W plays in supporting the rapidly expanding power needs of large‑scale AI data centers." Additionally, Babcock & Wilcox reported its fourth quarter and full-year results that day. For the quarter, its revenue was down marginally year over year to $161 million. The company narrowed its net loss under generally accepted accounting principles (GAAP) to $3.5 million from the year-ago shortfall of $53.8 million. The right activity at the right time It's not only the large ...