11 days ago
Soluna Holdings reported second-quarter revenue of $15.1 million, up 145% year over year. That headline needs an important qualification. A change in accounting presentation moved roughly $4.4 million of pass-through electricity costs from a net presentation to both revenue and cost of revenue, without changing profit or loss. Excluding that change, revenue grew 73% year over year and 13% sequentially. Soluna Holdings, Inc. (NASDAQ:SLNH) therefore delivered substantial growth, but not all of the reported increase reflected new economic activity.
The quarter also should not be treated as proof that the AI pivot is already producing revenue. Project Dorothy 1A generated $2.9 million of revenue, up 31% sequentially, and $795,000 of gross profit at a 28% margin, but that improvement came from Bitcoin-mining customers, including Blockware and Canaan. Management said Bitcoin-miner hosting remains its largest business today. The AI and high-performance-computing opportunity is prospective. That distinction matters because AI leases can carry different capital needs, construction schedules, and customer requirements from cryptocurrency hosting.
That opportunity is nevertheless large. As of August 1, Soluna reported a roughly 6.3-gigawatt overall pipeline, including more than 1.6 gigawatts of AI data-center capacity in development. It said Hedy, Ellen, and Fei were advancing under term sheets toward a combined 583 megawatts designated for AI and HPC. The 583-megawatt figure describes their combined planned capacity, not entirely new capacity. Based on the project updates, their capacities rose by 243 megawatts in aggregate, from 340 to 583 megawatts.
A pipeline is not contracted revenue. Projects still require land, permits, interconnection, financing, equipment, and tenants before generating cash. Soluna Holdings, Inc. (NASDAQ:SLNH) remains a small company pursuing capital-intensive facilities, so delays or unfavorable funding could overwhelm operating progress. AI customers may also demand stronger balance sheets and long construction guarantees, while rapid share issuance could dilute per-share gains.
Hedge-fund interest increased but remained limited. Insider Monkey counted nine hedge funds holding the shares in Q2, up from six in Q1. Separately, Vident Advisory, an institutional investment adviser rather than a hedge fund, expanded its reported position by 7,772% to 5,227,200 shares. The percentage is dramatic because its prior position was small and should not be mistaken for broad sponsorship.
#soluna #holdings #NASDAQ
The quarter also should not be treated as proof that the AI pivot is already producing revenue. Project Dorothy 1A generated $2.9 million of revenue, up 31% sequentially, and $795,000 of gross profit at a 28% margin, but that improvement came from Bitcoin-mining customers, including Blockware and Canaan. Management said Bitcoin-miner hosting remains its largest business today. The AI and high-performance-computing opportunity is prospective. That distinction matters because AI leases can carry different capital needs, construction schedules, and customer requirements from cryptocurrency hosting.
That opportunity is nevertheless large. As of August 1, Soluna reported a roughly 6.3-gigawatt overall pipeline, including more than 1.6 gigawatts of AI data-center capacity in development. It said Hedy, Ellen, and Fei were advancing under term sheets toward a combined 583 megawatts designated for AI and HPC. The 583-megawatt figure describes their combined planned capacity, not entirely new capacity. Based on the project updates, their capacities rose by 243 megawatts in aggregate, from 340 to 583 megawatts.
A pipeline is not contracted revenue. Projects still require land, permits, interconnection, financing, equipment, and tenants before generating cash. Soluna Holdings, Inc. (NASDAQ:SLNH) remains a small company pursuing capital-intensive facilities, so delays or unfavorable funding could overwhelm operating progress. AI customers may also demand stronger balance sheets and long construction guarantees, while rapid share issuance could dilute per-share gains.
Hedge-fund interest increased but remained limited. Insider Monkey counted nine hedge funds holding the shares in Q2, up from six in Q1. Separately, Vident Advisory, an institutional investment adviser rather than a hedge fund, expanded its reported position by 7,772% to 5,227,200 shares. The percentage is dramatic because its prior position was small and should not be mistaken for broad sponsorship.
#soluna #holdings #NASDAQ
12 days ago
14 days ago
AMD's Data Center revenue surged 107% but carries a 65x forward P/E, while Alphabet's Cloud grew 82% at just 14x earnings.
Alphabet's $514 billion cloud backlog represents committed future demand that AMD's hardware business simply cannot replicate on its balance sheet.
AMD's gaming revenue fell 31% while Anthropic commits gigawatts of MI450 GPU capacity, exposing both the concentration risk and Helios demand.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.
Advanced Micro Devices (NASDAQ:AMD) and Alphabet (NASDAQ:GOOG) both delivered blockbuster Q2 FY2026 results, yet they tell very different AI stories.
#revenue #demand #anthropic #mi450
Alphabet's $514 billion cloud backlog represents committed future demand that AMD's hardware business simply cannot replicate on its balance sheet.
AMD's gaming revenue fell 31% while Anthropic commits gigawatts of MI450 GPU capacity, exposing both the concentration risk and Helios demand.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.
Advanced Micro Devices (NASDAQ:AMD) and Alphabet (NASDAQ:GOOG) both delivered blockbuster Q2 FY2026 results, yet they tell very different AI stories.
#revenue #demand #anthropic #mi450
26 days ago
Bitcoin (BTC) jumped 5.8% to levels above $69,500 on Wednesday, wiping out $1.23 billion in bets against it in one hour. Is the crypto bull market back?
The rally ran market-wide, with Ethereum (ETH) up 9% to $2,088, Solana (SOL) up 6.5%, and XRP (XRP) up 6.9%. One decision in Washington set it off.
The US Treasury said it will double its buybacks of long-term government bonds to at least $4 billion per operation. In plain terms, the government stepped in as a buyer of its own debt.
The timing couldn't be better for risk ******* ets. The 30-year yield, the interest rate the US pays on its longest debt, had just hit 5.337%. That was its highest level since 2007. The Treasury buyback announcement knocked it back to 5.192%.
Markets read the move as proof that Treasury Secretary Scott Bessent is watching borrowing costs. When yields fall, bonds pay less, and money hunts for returns elsewhere. Bitcoin sits near the front of that line.
#treasury #market #back #ethereum
The rally ran market-wide, with Ethereum (ETH) up 9% to $2,088, Solana (SOL) up 6.5%, and XRP (XRP) up 6.9%. One decision in Washington set it off.
The US Treasury said it will double its buybacks of long-term government bonds to at least $4 billion per operation. In plain terms, the government stepped in as a buyer of its own debt.
The timing couldn't be better for risk ******* ets. The 30-year yield, the interest rate the US pays on its longest debt, had just hit 5.337%. That was its highest level since 2007. The Treasury buyback announcement knocked it back to 5.192%.
Markets read the move as proof that Treasury Secretary Scott Bessent is watching borrowing costs. When yields fall, bonds pay less, and money hunts for returns elsewhere. Bitcoin sits near the front of that line.
#treasury #market #back #ethereum
27 days ago
Fidelity MSCI Financials Index ETF (NYSEMKT:FNCL) provides broad financial sector exposure and a lower cost, while State Street SPDR S&P Bank ETF (NYSEMKT:KBE) offers concentrated banking access with a higher yield.
Investors looking for financial sector exposure may choose between broad-market coverage and a niche banking focus. While both funds hold major financial institutions, their index strategies differ in diversification, cost, and historical volatility profiles, impacting how they may fit into a long-term portfolio.
Metric
KBE
FNCL
#financial #broad
Investors looking for financial sector exposure may choose between broad-market coverage and a niche banking focus. While both funds hold major financial institutions, their index strategies differ in diversification, cost, and historical volatility profiles, impacting how they may fit into a long-term portfolio.
Metric
KBE
FNCL
#financial #broad
1 month ago
Baltimore has sued prediction market operators Kalshi and Polymarket, accusing both of running unlicensed sportsbooks in the city.
Mayor Brandon Scott and the City Council filed the complaints Thursday in Circuit Court for Baltimore City.
The city says both platforms let residents bet on game winners, point spreads, point totals, and player statistics. Those propositions match products sold by licensed sportsbooks, according to the complaints.
Both companies call them event contracts. However, Baltimore argues they function as sports bets and amount to unlawful gambling under Maryland law.
Furthermore, the lawsuit claims that the missing licenses free both firms from the tax bills, audits, and player-protection rules that licensed operators carry.
#point #player
Mayor Brandon Scott and the City Council filed the complaints Thursday in Circuit Court for Baltimore City.
The city says both platforms let residents bet on game winners, point spreads, point totals, and player statistics. Those propositions match products sold by licensed sportsbooks, according to the complaints.
Both companies call them event contracts. However, Baltimore argues they function as sports bets and amount to unlawful gambling under Maryland law.
Furthermore, the lawsuit claims that the missing licenses free both firms from the tax bills, audits, and player-protection rules that licensed operators carry.
#point #player
1 month ago
Onto Innovation surged 6% Tuesday and is up 85% year to date, riding AI-driven demand for its HBM and advanced packaging inspection tools.
Camtek's record $133 million quarter and $600 million in YTD bookings, plus NVIDIA's $500 billion AI infrastructure financing deal, confirm accelerating demand across the semiconductor supply chain.
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Shares of Onto Innovation (NYSE:ONTO) are trading higher midday Tuesday, up 5.9% to $308.51 from Monday's close of $291.35. The semiconductor process control name is riding a positive AI supply chain read-through from peer Camtek's blowout quarter and a broader bid across the group.
The primary catalyst is a direct read-through from Camtek (NASDAQ:CAMT), which reported Q2 2026 results on August 10, 2026. Camtek posted record revenue of $133.24 million, topping the $130.19 million consensus, with non-GAAP EPS of $0.78 versus the $0.76 estimate.
#Riding #demand #record #across
Camtek's record $133 million quarter and $600 million in YTD bookings, plus NVIDIA's $500 billion AI infrastructure financing deal, confirm accelerating demand across the semiconductor supply chain.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Shares of Onto Innovation (NYSE:ONTO) are trading higher midday Tuesday, up 5.9% to $308.51 from Monday's close of $291.35. The semiconductor process control name is riding a positive AI supply chain read-through from peer Camtek's blowout quarter and a broader bid across the group.
The primary catalyst is a direct read-through from Camtek (NASDAQ:CAMT), which reported Q2 2026 results on August 10, 2026. Camtek posted record revenue of $133.24 million, topping the $130.19 million consensus, with non-GAAP EPS of $0.78 versus the $0.76 estimate.
#Riding #demand #record #across
1 month ago
Interested in Materion Corporation? Here are five stocks we like better.
Record Q2 performance: Value-added sales rose 15% year over year to $308.2 million, while adjusted EPS climbed 39% to a record $1.90. Adjusted EBITDA increased 29% to $71.8 million, with margins expanding to 23.3%.
Broad-based demand and backlog growth: Semiconductor sales grew 23%, telecom and data-center sales nearly 50%, and energy shipments more than 20%. Backlog rose roughly 30% year over year, supported by strong defense, ***** e, semiconductor and aerospace orders.
Raised 2026 outlook: Materion now expects mid-teens sales growth and adjusted EPS of $6.80–$7.20, up from its previous $6.00–$6.50 forecast, reflecting continued momentum across its operating segments.
Materion (NYSE:MTRN) reported record second-quarter sales and earnings, supported by double-digit growth across its three operating segments and rising demand from semiconductor, aerospace and defense, energy, industrial, and telecom and data-center customers.
#sales #Growth #million
Record Q2 performance: Value-added sales rose 15% year over year to $308.2 million, while adjusted EPS climbed 39% to a record $1.90. Adjusted EBITDA increased 29% to $71.8 million, with margins expanding to 23.3%.
Broad-based demand and backlog growth: Semiconductor sales grew 23%, telecom and data-center sales nearly 50%, and energy shipments more than 20%. Backlog rose roughly 30% year over year, supported by strong defense, ***** e, semiconductor and aerospace orders.
Raised 2026 outlook: Materion now expects mid-teens sales growth and adjusted EPS of $6.80–$7.20, up from its previous $6.00–$6.50 forecast, reflecting continued momentum across its operating segments.
Materion (NYSE:MTRN) reported record second-quarter sales and earnings, supported by double-digit growth across its three operating segments and rising demand from semiconductor, aerospace and defense, energy, industrial, and telecom and data-center customers.
#sales #Growth #million
1 month ago
Emerald Wealth Partners, an independent ***** et and wealth management firm based in Zurich, released its Q2 2026 investor letter for the "Focused Equity Strategy." A copy of the letter can be downloaded here. The Strategy reported a 0.8% gross return for the second quarter of 2026. Equity markets rallied after the first quarter's Iran shock faded and oil prices reversed their spike, but the advance remained narrow and concentrated in cyclical semiconductor and memory stocks benefiting from supply constraints. The letter warned that investors were treating peak-cycle earnings as durable, while FOMO, IPO demand, and a US cyclically adjusted P/E ratio near 40 pointed to late-cycle market behavior. Long-term fundamentals are currently undervalued by the market, leading to underperformance in the strategy, notably due to the portfolio's avoidance of low-quality momentum-driven semiconductor stocks, which boosted the benchmark this quarter. It remains focused on enterprise infrastructure, digital platforms, custom silicon, and networking businesses that hold customer relationships, workflow data, distribution, and efficiency advantages, which could allow them to monetize AI rather than be displaced by it. Please review the Strategy's top five holdings for its key selections.
In its second-quarter 2026 investor letter, Emerald Wealth Partners Focused Equity Strategy highlighted Lockheed Martin Corporation (NYSE:LMT). Lockheed Martin Corporation (NYSE:LMT) is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. On August 04, 2026, Lockheed Martin Corporation (NYSE:LMT) closed at $589.33 per share. The one-month return of Lockheed Martin Corporation (NYSE:LMT) was 11.62%, and its shares gained 35.52% over the past 52 weeks. Lockheed Martin Corporation (NYSE:LMT) has a market capitalization of $13.01 billion.
Emerald Wealth Partners Focused Equity Strategy stated the following regarding Lockheed Martin Corporation (NYSE:LMT) in its Q2 2026 investor letter:
"The ceasefire also weighed on Lockheed Martin Corporation (NYSE:LMT), which gave back part of a strong first quarter and detracted 55 bps. Our fundamental ***** sment is unchanged: conflict on European soil and Washington's pressure on NATO allies continue to drive demand for the company's systems sharply higher. But that demand comes with a twist — a business model that now requires heavier investment and carries more risk than Lockheed used to. Having trimmed the position close to its peak in the first quarter, we are comfortable with what we hold today."
#focused
In its second-quarter 2026 investor letter, Emerald Wealth Partners Focused Equity Strategy highlighted Lockheed Martin Corporation (NYSE:LMT). Lockheed Martin Corporation (NYSE:LMT) is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. On August 04, 2026, Lockheed Martin Corporation (NYSE:LMT) closed at $589.33 per share. The one-month return of Lockheed Martin Corporation (NYSE:LMT) was 11.62%, and its shares gained 35.52% over the past 52 weeks. Lockheed Martin Corporation (NYSE:LMT) has a market capitalization of $13.01 billion.
Emerald Wealth Partners Focused Equity Strategy stated the following regarding Lockheed Martin Corporation (NYSE:LMT) in its Q2 2026 investor letter:
"The ceasefire also weighed on Lockheed Martin Corporation (NYSE:LMT), which gave back part of a strong first quarter and detracted 55 bps. Our fundamental ***** sment is unchanged: conflict on European soil and Washington's pressure on NATO allies continue to drive demand for the company's systems sharply higher. But that demand comes with a twist — a business model that now requires heavier investment and carries more risk than Lockheed used to. Having trimmed the position close to its peak in the first quarter, we are comfortable with what we hold today."
#focused
2 months ago
In the cold chain world, every box of frozen food that lands on a doorstep carries a cost decision made days earlier. One example: five pounds of dry ice, or 15? Undershoot and the product arrives thawed. Overshoot and the brand pays to move weight it never needed.
That calculation, repeated across millions of orders, is the business Grip built. The Miami-based cold chain fulfillment company is now handing its national operation to a 40-year veteran of frozen and refrigerated distribution.
Grip said Tuesday that John Hummel will join as president of Grip Fulfillment, leading the company's national fulfillment operations. For the e-commerce brands that rely on Grip to move pet food, prepared meals and grocery orders, the hire brings proven experience. It's a high-stakes industry: a shipping decision that misses by either too few pounds of refrigerant or a single day in transit eats margin or may even destroy the product.
Hummel served as president of Burris Logistics' Custom Distribution division, where he oversaw five frozen and refrigerated distribution centers and eight direct-to-consumer fulfillment facilities. Earlier he was president of United Natural Foods Inc.'s Central/Southeast Region, running eight distribution centers with more than $6 billion in annual sales. Before that he led operations for 31 distribution centers at Reinhart Foodservice as the company grew from $2 billion to $7 billion.
"I've known Juan since his ButcherBox days, and I've followed Grip's journey ever since," Hummel said. "Joining the team to lead its fulfillment operation is an incredible opportunity."
#centers
That calculation, repeated across millions of orders, is the business Grip built. The Miami-based cold chain fulfillment company is now handing its national operation to a 40-year veteran of frozen and refrigerated distribution.
Grip said Tuesday that John Hummel will join as president of Grip Fulfillment, leading the company's national fulfillment operations. For the e-commerce brands that rely on Grip to move pet food, prepared meals and grocery orders, the hire brings proven experience. It's a high-stakes industry: a shipping decision that misses by either too few pounds of refrigerant or a single day in transit eats margin or may even destroy the product.
Hummel served as president of Burris Logistics' Custom Distribution division, where he oversaw five frozen and refrigerated distribution centers and eight direct-to-consumer fulfillment facilities. Earlier he was president of United Natural Foods Inc.'s Central/Southeast Region, running eight distribution centers with more than $6 billion in annual sales. Before that he led operations for 31 distribution centers at Reinhart Foodservice as the company grew from $2 billion to $7 billion.
"I've known Juan since his ButcherBox days, and I've followed Grip's journey ever since," Hummel said. "Joining the team to lead its fulfillment operation is an incredible opportunity."
#centers
2 months ago
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF, FRA:FLM1) announced that it has started drilling at the eastern edge of its Berenguela project in Peru to test for high-grade copper mineralization beyond the current mineral resource estimate, while also launching a drill program at its Challacollo silver-gold project in northern Chile.
The company said the Berenguela program will initially include up to 1,000 metres of core drilling targeting an eastern copper zone, following previous drill results that intersected high-grade copper and silver mineralization. The program may be expanded depending on results.
Shares of Aftermath gained 6.2% in Toronto on Wednesday morning.
Aftermath Silver CEO Ralph Rushton said the company is investigating the potential for additional high-grade copper mineralization outside the current resource area after encouraging drilling results from 2024 and 2025.
"Our previous drilling in 2024/2025 on the eastern margins of the MRE was extremely positive and with the copper spot price close to its all-time high I look forward to reporting on the results of the drilling later this year," Rushton said in a statement.
#copper #eastern #mineralization
The company said the Berenguela program will initially include up to 1,000 metres of core drilling targeting an eastern copper zone, following previous drill results that intersected high-grade copper and silver mineralization. The program may be expanded depending on results.
Shares of Aftermath gained 6.2% in Toronto on Wednesday morning.
Aftermath Silver CEO Ralph Rushton said the company is investigating the potential for additional high-grade copper mineralization outside the current resource area after encouraging drilling results from 2024 and 2025.
"Our previous drilling in 2024/2025 on the eastern margins of the MRE was extremely positive and with the copper spot price close to its all-time high I look forward to reporting on the results of the drilling later this year," Rushton said in a statement.
#copper #eastern #mineralization
2 months ago
The Nasdaq 100 has shown itself to be a resilient index in the early part of Tuesday trading, as we have bounced from that crucial 28,500 level. This is a market that I think continues to be very noisy, but it looks like it is trying to defend the overall consolidation area. The 30,000 level above has been an area of significant resistance, and now it looks like we are just trying to reenter that area that we had spent so much time in over the last several months. It is earnings season, so that will have its influence as well.
The Dow Jones 30 rallied initially during the trading session on Tuesday, but it looks like it is just going to struggle to hang onto those gains from what we have seen so far. That being said, it is still in a strong uptrend and has been for quite some time, so it is a bit sluggish, but I would not necessarily look at this and think most traders would see a trend change.
This is a market that is more likely than not going to continue to pay attention to interest rates around the world, and this is a market that also has been at a nice 45-degree angle to the upside as far as the trajectory of the trend is concerned. The 50-day EMA is at 51,416 and rising, and has acted a bit like a trend line, so it looks like it is still supported.
The S&P 500 is bouncing from a trend line of the ascending triangle that it has been trying to form. So, with that being said, the market looks very much like a market that is coiling up, and if it is going to continue to see this coil action, one would anticipate that perhaps it is a market that will eventually resolve.
As it is in an ascending triangle, a lot of traders may be looking for a bit of upward pressure. We will just have to wait and see. But the 7,500 level continues to be a little bit of short-term resistance. Breaking above there would lead to more confidence for me, at least, that this market could rally. To the downside, the 50-day EMA offering support, I think, is something worth watching.
#trying
The Dow Jones 30 rallied initially during the trading session on Tuesday, but it looks like it is just going to struggle to hang onto those gains from what we have seen so far. That being said, it is still in a strong uptrend and has been for quite some time, so it is a bit sluggish, but I would not necessarily look at this and think most traders would see a trend change.
This is a market that is more likely than not going to continue to pay attention to interest rates around the world, and this is a market that also has been at a nice 45-degree angle to the upside as far as the trajectory of the trend is concerned. The 50-day EMA is at 51,416 and rising, and has acted a bit like a trend line, so it looks like it is still supported.
The S&P 500 is bouncing from a trend line of the ascending triangle that it has been trying to form. So, with that being said, the market looks very much like a market that is coiling up, and if it is going to continue to see this coil action, one would anticipate that perhaps it is a market that will eventually resolve.
As it is in an ascending triangle, a lot of traders may be looking for a bit of upward pressure. We will just have to wait and see. But the 7,500 level continues to be a little bit of short-term resistance. Breaking above there would lead to more confidence for me, at least, that this market could rally. To the downside, the 50-day EMA offering support, I think, is something worth watching.
#trying
