We came across a bullish thesis on Braskem S.A. on Penny on the Dollar’s Substack. In this article, we will summarize the bulls’ thesis on BAK. Braskem S.A.'s share was trading at $3.7300 as of February 12th. BAK’s trailing and forward P/E were 8.44 and 9.78 respectively according to Yahoo Finance. Fluence Energy (FLNC) Jumps 21% Alongside Peers as JPMorgan Bares Trillion-Dollar Investment Photo by RawFilm on Unsplash Braskem S.A., a CCC-rated Brazilian petrochemical giant, trades at $2.86 per ADR, givi ...

Core Insights - The ACES ETF is positioned to benefit from a $1.4 trillion utility infrastructure upgrade through 2030, driven by the need to modernize an aging grid to meet rising power demands [1] - Utilities have increased capital spending by 12% in 2025, with expectations of an additional 6% increase in 2026 as they address surging electricity needs and replace outdated equipment [1] - Approximately 40% of the U.S. grid infrastructure is over 40 years old, creating a bottleneck that necessitates an overhaul, benefiting companies within ACES' holdings [1] Investment Opportunities - ACES has a 16.2% allocation to energy management and storage firms that provide equipment and technology for grid modernization [1] - Itron (ITRI), making up 4.9% of ACES, manufactures smart meters and grid management equipment essential for utilities [1] - The fund also includes renewable energy developers such as Brookfield Renewable Partners (BEP) at nearly 5% and Clearway Energy (CWEN) at 3.9% [1] Performance Metrics - ACES has total assets of $115.8 million as of December and has returned 36.2% over the past year, significantly outperforming the S&P 1000 Index, which returned 7.04% in the same period [1] Market Trends - Battery energy storage systems are becoming integral to utility planning, with over 30 U.S. states expected to show strong market conditions for battery storage in the next five years [1] - Fluence Energy (FLNC), representing 1.5% of ACES, surged 55.6% in January after securing contracts for battery technology for a clean energy center [1] - Eos Energy Enterprises (EOSE), holding a 3.8% weight in the fund, gained 27.8% following the launch of a new battery architecture [1] Sector Dynamics - Total electricity demand rose by 2.3% in 2025, with data centers projected to account for 10% of total electricity consumption by 2030 [1] - U.S. electricity demand growth is expected to quadruple in 2026, driven by AI computing facilities and broader electrification [1] - The clean energy sector is increasingly influenced by long-term capital expenditures related to infrastructure needs rather than short-term policy cycles [1]

Core Viewpoint - Fluence Energy, Inc. (NASDAQ:FLNC) experienced a significant decline in share price following the release of mixed Q1 2026 results, highlighting challenges in profitability despite strong revenue growth [1][2]. Financial Performance - The company reported a loss of $0.34 per share, which was $0.13 below expectations, and a net loss of $62.6 million for the quarter, widening by 10% year-over-year [2]. - Revenue for Q1 2026 grew by 154% year-over-year to $475.23 million, exceeding forecasts by nearly $10 million [4]. - Adjusted EBITDA was negative $52.1 million, compared to negative $49.7 million in the previous year [2]. Profitability Metrics - Gross profit margin fell to 4.9% from 11.4% in Q1 2025, while adjusted gross profit margin decreased to 5.6% from 12.5% [3]. - The decline in gross margins was attributed to additional estimated costs on two projects and the distribution of fixed overhead costs [3]. Future Guidance - Fluence reaffirmed its FY 2026 revenue guidance of $3.2 billion to $3.6 billion and maintained its adjusted EBITDA forecast of $40 million to $60 million [4]. - The company reported over $750 million in new orders during the quarter, raising its total backlog to approximately $5.5 billion, a historic high [4]. Analyst Reactions - Following the Q1 report, Mizuho reduced its price target for FLNC from $15 to $13 while maintaining an 'Underperform' rating [5]. - Susquehanna also lowered its price target from $30 to $27 but kept a 'Positive' rating on the shares [5].

Core Insights - The AI infrastructure boom is driving significant demand for data centers, which require substantial power and speed to operate effectively [1][2] Group 1: Fluence Energy - Fluence Energy specializes in industrial-scale battery modules that provide stable energy for AI servers, particularly when paired with renewable energy sources [3][4] - The company was established in 2018 as a joint venture between Siemens and AES, and while revenues have been flat, analysts predict a 57% increase in annual sales over the next two years, driven by data center demand [4][5] - Fluence has 36 GWh of data center projects in development, with a total installed capacity of 46 GWh as of last September, indicating a significant growth opportunity [5][6] Group 2: Credo Technology Group - Credo Technology offers high-speed networking tools that help data center operators reduce power consumption and cooling needs while maintaining performance [7][8] - The company's Active Electrical Cables (AECs) can achieve data flows of up to 0.8 terabits per second, making them competitive with fiber-optic networks but with lower power requirements [8][9] - Credo's revenues are heavily reliant on a few major clients, with one unnamed client accounting for 67% of total revenues in fiscal year 2025, but the company reported a significant revenue increase to approximately $406 million in Q3 2026, tripling from the previous year [12][13]

AI Data Centers Fuel Clean Energy ETF Rally | ETF TrendsETF Trends is now VettaFi. Read More --The [ALPS Clean Energy ETF (ACES)] jumped 9.26% in January as investors turned their attention to the massive power requirements of AI data centers and the infrastructure needed to support them, according to recent ALPS Advisors [insights].The fund, which tracks seven clean energy segments including solar, wind, and energy storage, has attracted $115.8 million in assets since launching in June 2018, according to E ...

Core Insights - The article discusses the integration of AI into a conservative investment strategy, focusing on building a sustainable portfolio system rather than chasing high returns [2][4][38] Investment Strategy Structure - The investment approach utilizes a "barbell" strategy at multiple levels, encompassing a wide range of assets including business interests, private placements, real estate, and investable cash [5] - The investable cash is allocated with 80% in treasuries and high-quality bonds, 15% in dividend aristocrats and quality compounders, and 5% in speculative portfolios [6] Speculative Portfolios - Five speculative themes are identified: space technology, AI in biopharmaceutical discovery, quantum computing, energy/grid resilience, and biomedical companies poised for acquisition [7][17][18][19][20][21] - Each speculative portfolio follows a "mini-ETF" structure, consisting of 10-15 holdings categorized by company size and revenue generation [13] AI Contributions - AI has been instrumental in creating a structured documentation hierarchy for the investment strategy, ensuring clarity and accessibility for future management [9][10][11] - AI assists in developing company filters and screening criteria, ensuring that selected companies meet specific requirements for investment [14][15][16] Performance Modeling - AI helps model the contribution of speculative portfolios to overall returns, aiming for a modest inflation-plus return rather than market-beating performance [24][25][26] - The speculative allocation is designed to provide a potential uplift to the overall portfolio, with a focus on maintaining discipline in position sizing [27][28] Monitoring and Refinement - AI aids in refining portfolio structure by identifying inconsistencies and gaps, as well as tracking relevant metrics for each portfolio [29][30] - Weekly news digests generated by AI keep the investor informed about developments in the speculative holdings, streamlining the research process [31] Intellectual Engagement - The investment strategy allows for continued engagement in fields of interest, providing a structured approach to speculative investing that is intellectually stimulating [34][35][36] - The use of AI enhances the sustainability of this engagement, making it easier to stay informed and organized [37]

Core Viewpoint - Fluence Energy Inc. (NASDAQ:FLNC) experienced a significant decline in share prices due to increased losses in Q1 FY 2026, despite a substantial rise in revenue [1][2]. Financial Performance - Attributable net loss widened by 8.4% to $45 million from $41.5 million year-on-year, while revenues surged by 154% to $475 million from $187 million [2]. - The company reaffirmed its full fiscal year revenue growth outlook of $3.2 billion to $3.6 billion, with the midpoint of $3.4 billion already covered by orders in backlog [4]. Market Dynamics - The demand for energy storage is being driven by accelerating data center growth, utility demand, and rising industrial loads, with the company's pipeline growing by approximately 30% to $30 billion since September 2025 [3]. - The financial discipline of Fluence is expected to position the company to capture growth in the energy storage market and deliver value to shareholders [5].

Core Insights - Fluence reported a significant increase in its pipeline, growing approximately $7 billion, or 30%, during the quarter, primarily driven by the U.S. market [1] - The company signed over $750 million in new orders globally for the quarter, with more than $500 million coming from the U.S., indicating strong market momentum [2] - Fluence ended the quarter with a record contracted backlog of $5.5 billion, attributed to increased U.S. contracting activity and rising demand forecasts [3] Financial Performance - Fiscal Q1 revenue was $475 million, representing 14% of the full-year guidance, with an adjusted gross margin of 5.6% and adjusted EBITDA of negative $52 million due to discrete project costs and seasonal dynamics [6][10] - Adjusted gross profit for the quarter was $27 million, with management indicating that margin pressures were not systemic or structural, as the rolling 12-month adjusted gross margin was 12.3% [11] - The company reaffirmed its fiscal 2026 guidance, projecting revenue between $3.2 billion and $3.6 billion, with an adjusted EBITDA of $40 million to $60 million [18][19] Liquidity and Supply Chain - Fluence finished the quarter with approximately $1.1 billion in total liquidity, including $477 million in cash and $617 million available through credit facilities, providing flexibility for growth investments [5][13] - The company reported that domestic cell/module production and enclosure manufacturing are on track, securing 100% of its 2026 domestic and international supply needs [5][16] - Fluence is working with AESC to ensure compliance with "prohibited foreign entity" regulations while expanding its domestic supplier base [15] Market Opportunities - Fluence is focusing on new segments such as data centers and long-duration energy storage, with discussions covering 36 GWh of data center projects and 34 GWh of long-duration storage projects [7][8] - The company has not yet converted newer data center opportunities into backlog but expects some conversion in the second half of the calendar year [8] - Approximately 25% of the discussed data center and long-duration figures are currently in the pipeline, with the remainder categorized as leads [9] Legal Matters - Fluence reached a settlement related to the Moss Landing incident for an "immaterial amount" and obtained a court dismissal of a $230 million disgorgement claim from Diablo Canyon [20] Company Overview - Fluence Energy is a leading global provider of energy storage products and services, specializing in advanced battery systems to support grid stability and renewable integration [21] - The company develops and delivers turnkey energy storage solutions designed to optimize the reliability and efficiency of power networks [22]

加储能群/咨询合作 ，请联系行家说Cindy：15989092696（微信同号） 2026年达沃斯世界经济论坛的余波未散，一场共识正穿透喧嚣成为全球科技与能源界的新纲领：AI的未来，已不再取决于算法突破或芯片制程，而取决于最基础的 物理资源——电力。 更严峻的是，以AIDC为代表的高密度算力集群，正成为电网稳定性的新型挑战者。危机之中，储能，这一曾被视为备电，正被推向舞台中央，成为平衡AI算力爆 发与电网稳定运行之间的关键缓冲器、调度器与赋能者。 一场围绕AIDC储能的商业竞速与技术博弈，已在特斯拉、Fluence、阳光电源等头部玩家之间悄然展开。这不仅是企业之争，更将定义下一代AIDC基础设施的能源 形态与游戏规则。 2026年，AIDC储能领域有望迎来集中交付的关键节点，行业将如何把握机遇、实现突破？敬请关注2026年6月2日举行的 "2026年新型储能确定性趋势与创新发展分 析会" ，共同探讨AIDC储能的发展路径。 达沃斯大佬们交底 01 AI 的命门在电力 2026年达沃斯世界经济论坛已落下帷幕，但AI引发的思想震荡远未结束。从17场AI专属会议到800位CEO里近八成聊AI，焦点已从技术畅想转向落 ...

Core Viewpoint - Fluence Energy Inc. (NASDAQ:FLNC) has shown strong performance with a 14.22% increase week-on-week as investors prepare for its upcoming earnings report for Q1 FY 2026 [1]. Financial Performance - Fluence Energy is set to release its financial and operational highlights for the first quarter ending December 2025 on February 4, followed by a conference call on February 5 [2]. - The company has projected revenues for the full fiscal year 2026 to be between $3.2 billion and $3.6 billion, with adjusted EBITDA expected to be between $40 million and $60 million [3]. Analyst Ratings - Morgan Stanley has raised its price target for Fluence Energy from $14 to $16 while maintaining an "equal weight" rating [4]. - RBC has increased its fair value assessment for the stock by 20% from $10 to $12, while keeping its "sector perform" rating [4]. Strategic Developments - Fluence Energy has signed a long-term agreement with BrightNight and Cordelio Power to supply its Gridstack Pro energy storage solutions for the Pioneer Clean Energy Center project in Yuma County, Arizona, which includes a 300 MW AC solar facility and a 300 MW/1,200 MWh battery energy storage system [5].