pingingz/iStock via Getty Images As with all the AI data center plays, TeraWulf Inc. ( WULF ) just entered the execution phase. The company has a lineup of data center capacity and a couple of major customers, but now TeraWulf has to start executing on turning those contracts into cash flows. My investment thesis remains ultra Bullish on the stock with a big revenue ramp coming through 2027, even ...
pingingz/iStock via Getty Images As with all the AI data center plays, TeraWulf Inc. ( WULF ) just entered the execution phase. The company has a lineup of data center capacity and a couple of major customers, but now TeraWulf has to start executing on turning those contracts into cash flows. My investment thesis remains ultra Bullish on the stock with a big revenue ramp coming through 2027, even after TeraWulf doubled since the start of April. Source: Finviz Transition Phase As with the other AI data center operators transitioning from bitcoin miners, TeraWulf still reports mixed results due to the dip in digital asset revenue (bitcoin mining). The company reported Q1'26 revenue of $34.0 million, actually down from $34.4 million in the prior March quarter. Source: TeraWulf Q1'26 earnings release The key HPC lease revenue grew to $21.0 million, up from nothing in the prior year. Investors should focus squarely on this number and the ability of management to turn this revenue into positive cash flows. Even more confusing, TeraWulf reported a massive loss of $427.6 million in the quarter while the adjusted EBITDA loss was only $4.1 million. The company was hit with a massive warrant-related loss and $101.4 million in stock-based compensation covering $317.7 million of the loss. Ultimately what matters is the path to commercialization for the $17+ billion of contracts in hand and the potential to grow the customer base with additional capacity. TeraWulf has now lined up 2.3 GW of monetizable critical IT load with only 522 MW under contract. Source: TeraWulf Q1'26 presentation As the above chart highlights, the addition of Justified Data in Kentucky and Chesapeake Data in Maryland helps provide a path to quadruple the order backlog. The company has made the big move by repurposing legacy industrial sites to offer TeraWulf quick access to additional power and an expansion pipeline. Path Higher The stock currently has a market cap of $11.5 billion after doubling off the l...
NPR's Elissa Nadworny talks to Mehrzad Boroujerdi of the Missouri University of Science and Technology about the status of the Trump Administration's negotiations to end the war on Iran.
NPR's Elissa Nadworny talks to Mehrzad Boroujerdi of the Missouri University of Science and Technology about the status of the Trump Administration's negotiations to end the war on Iran.
narvo vexar/iStock via Getty Images Ambiq Micro ( AMBQ ), a designer of power-efficient semiconductor solutions with a focus on artificial intelligence or AI at the edge, was down substantially for the year as recently as the start of April, but a powerful rally in the following weeks erased all losses and then some. AMBQ got a lift from a rally in semiconductor stocks, but it is doubtful the stoc...
narvo vexar/iStock via Getty Images Ambiq Micro ( AMBQ ), a designer of power-efficient semiconductor solutions with a focus on artificial intelligence or AI at the edge, was down substantially for the year as recently as the start of April, but a powerful rally in the following weeks erased all losses and then some. AMBQ got a lift from a rally in semiconductor stocks, but it is doubtful the stock would have gotten as far as it has without the assistance of AI, or more specifically investor enthusiasm for potential AI plays, a label that can be applied to AMBQ. However, AMBQ will need to back up the AI thesis with strong growth numbers to keep the rally going longer term and to validate the higher valuations resulting from the increase in the stock price. AMBQ has arguably yet to do enough of this, which may become an issue with AMBQ scheduled to release its next quarterly report on May 12. AMBQ goes public at a favorable time The rise of AI has meant a rise in the need for computing power due to all the computations required for AI. This increase in demand has so far been mostly concentrated in server GPUs, and server CPUs to a lesser extent, due to large language models requiring heavy doses of compute for training and inference. The use of AI in centralized locations, specifically datacenters, has surged, but less pronounced has been AI at the edge, or the use of AI in local devices. However, the use of AI is likely to spread beyond datacenters and into local devices, which is where a company like AMBQ has the potential to make its presence felt. AMBQ designs MCUs and SoCs that are very efficient in terms of power consumption using proprietary SPOT technology, while still offering substantial computational power. On paper this means they could be used in various devices, including wearables where both attributes are needed. The stock has not done all that well in the past year Still, it needs mentioning that the reason why AMBQ does not have much of a track reco...
Intel Leak: Russia Mulled Giving Iran Un-Jammable Drones To Fight US Forces Russia offered Iran thousands of advanced drones built to bypass electronic jamming systems, along with training for attacks on US troops in the Middle East, according to a confidential intelligence document obtained and reviewed by The Economist . Already the two countries have deepened their defense ties in the context o...
Intel Leak: Russia Mulled Giving Iran Un-Jammable Drones To Fight US Forces Russia offered Iran thousands of advanced drones built to bypass electronic jamming systems, along with training for attacks on US troops in the Middle East, according to a confidential intelligence document obtained and reviewed by The Economist . Already the two countries have deepened their defense ties in the context of the years-long Ukraine war, with Tehran providing tens of thousands of Shahed suicide drones, but this fresh allegation points to potential increasing Russian involvement against the United States in the Persian Gulf region . Illustrative file image, source: Dragonfly Pictures Inc. Moscow has been previously accused of supplying the Iranians with targeting intelligence related to Operation Epic Fury, and some analysts have said this could explain how Iranian ballistic missiles and drones were able in many cases to score precision hits on US radar and military outposts in the region, as far away as Jordan for example. The Economist report accuses Russian intelligence of preparing a plan to offer Tehran what are essentially 'un-jammable drones', describing that teh GRU military intelligence agency drafted a 10-page proposal offering Iran 5,000 short-range fiber-optic drones , as well as an undisclosed number of longer-range satellite-guided drones, and a full drone operator training program. The document is said the be full of diagrams and maps of strategic Iranian coastal zones and islands near the Strait of Hormuz , which is precisely where sporadic fighting between US and Iranian forces is taking place currently . Neither Tehran nor Moscow has publicly acknowledged any such plan or document, and they are not expected to comment. But to some degree the 'planning' seems consistent with what Russia has learned amid the 'drone wars' over Ukraine. Unlike conventional drones controlled by radio signals, fiber-optic drones operate through trailing cables , making them extremely...
The Adams Diversified Equity Fund (NYSE:ADX) is a closed-end equity fund that has paid distributions to shareholders every year since 2000, and management has committed to a 8% minimum annual distribution rate funded by net investment income, realized capital gains, and occasionally return of capital. ADX trades around $24 today and sits on about $2.9 ... This $2.9 billion fund has paid distributi...
The Adams Diversified Equity Fund (NYSE:ADX) is a closed-end equity fund that has paid distributions to shareholders every year since 2000, and management has committed to a 8% minimum annual distribution rate funded by net investment income, realized capital gains, and occasionally return of capital. ADX trades around $24 today and sits on about $2.9 ... This $2.9 billion fund has paid distributions for 26 straight years
A Frontier Airlines ( ULCC ) flight struck a pedestrian during takeoff on a runway at Denver International Airport on Friday evening, triggering a brief engine fire and a runway closure, the airport announced. In a statement on social media, the airport stated on Saturday that Frontier Flight 4345, carrying 231 people on board, reported the incident at approximately 11:19 p.m. Emergency teams resp...
A Frontier Airlines ( ULCC ) flight struck a pedestrian during takeoff on a runway at Denver International Airport on Friday evening, triggering a brief engine fire and a runway closure, the airport announced. In a statement on social media, the airport stated on Saturday that Frontier Flight 4345, carrying 231 people on board, reported the incident at approximately 11:19 p.m. Emergency teams responded, and the airport promptly transported the passengers to the terminal. “There was a brief engine fire that was promptly extinguished by the Denver Fire Dept.," according to the airport, which added that the emergency response and an investigation are underway. The airport has notified the National Transportation Safety Board, and the runway remains closed. Frontier ( ULCC ) announced that the incident involved an Airbus A321 ( EADSY ) ( EADSF ), which was departing from Denver en route to Los Angeles, carrying 224 passengers and seven crew members. "We are investigating this incident and gathering more information in coordination with the airport and other safety authorities," the airline said, adding, "We are deeply saddened by this event." More on Frontier Group, Airbus SE Frontier Group Holdings, Inc. (ULCC) Q1 2026 Earnings Call Transcript Airbus SE (EADSY) Q1 2026 Earnings Call Transcript Airbus SE 2026 Q1 - Results - Earnings Call Presentation Scoot expands Airbus order as budget carrier targets regional growth AirAsia X orders 150 Airbus A220 jets in boost to struggling program
The Pentagon's Chief Digital and Artificial Intelligence Office (CDAO) has awarded a major $500 million contract to Scale AI, a startup in which Meta Platforms holds a minority stake, to support data analysis and AI-driven decision-making. The award marks a...
The Pentagon's Chief Digital and Artificial Intelligence Office (CDAO) has awarded a major $500 million contract to Scale AI, a startup in which Meta Platforms holds a minority stake, to support data analysis and AI-driven decision-making. The award marks a...
The Fast Money panel on CNBC zeroed in on the question every AI investor is asking: How much longer can NVIDIA (NASDAQ:NVDA) keep printing? One panelist captured the bear unease bluntly, saying investors can’t get past the worry that “the party is going to end soon.” The Bear Case: The Run Already Happened The skeptical ... NVIDIA: ‘The Party Is Going to End Soon’ According to CNBC
The Fast Money panel on CNBC zeroed in on the question every AI investor is asking: How much longer can NVIDIA (NASDAQ:NVDA) keep printing? One panelist captured the bear unease bluntly, saying investors can’t get past the worry that “the party is going to end soon.” The Bear Case: The Run Already Happened The skeptical ... NVIDIA: ‘The Party Is Going to End Soon’ According to CNBC