Company Overview - Blue Owl Capital Corporation (NYSE: OBDC) is a Business Development Company (BDC) [1] Financial Performance - In Q1, Blue Owl Capital delivered a total NAV return of 2%, which is in line with the median return in the coverage [1]

Core Insights - Applied Digital (APLD) is implementing an ambitious expansion strategy focused on hyperscale infrastructure, supported by significant investments from Macquarie Asset Management and SMBC totaling up to $5.375 billion [1][7] - The Ellendale campus is central to APLD's data center vision, with the first building expected to provide 100 megawatts of IT load by the end of 2025, and plans for additional buildings to increase capacity to over 400 megawatts [2][7] - APLD aims to become a leader in high-performance computing (HPC) infrastructure and is exploring strategic alternatives for its Cloud Services business, potentially transitioning to a REIT structure [3][7] Competition Update - CoreWeave (CRWV) has raised over $1 billion to expand its GPU-powered data center capacity, positioning itself as a significant competitor in the AI-focused cloud market [4] - Equinix (EQIX) announced a joint venture to raise over $15 billion for expanding its xScale data centers in the U.S., adding more than 1.5 gigawatts of capacity to meet AI and cloud demands [5] Financial Performance - APLD's shares have increased by 67.1% year-to-date, contrasting with a 5% decline in the industry [6] - The company trades at a forward price-to-earnings ratio of 12.85, which is above the industry average and its five-year median of 1.42 [8] - The Zacks Consensus Estimate indicates a projected 73.6% rise in APLD's fiscal 2026 earnings year-over-year [9]

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Telephone and Data Systems, Inc. ’s (NYSE: TDS ) recent share price performance seems to be disconnected from the company’s actual operational performance, which tells me that investors are looking forward to when it gets a massive influx ofMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell opti ...

Financial Data and Key Metrics Changes - In Q1 2025, the company reported total net revenues of $9.2 million, a 26.2% decrease from $14.4 million in Q1 2024, attributed to lower time charter rates and a reduced number of vessels operated [6][28] - The net loss attributable to controlling shareholders was $3.7 million, compared to a loss of $1.8 million in the same period last year, resulting in a loss per share of $1.35 [6][28] - Adjusted EBITDA for Q1 2025 was negative $1 million, down from $2.1 million in Q1 2024 [6][28] Business Line Data and Key Metrics Changes - The fleet currently consists of 12 vessels with an average age of 13.6 years and a total capacity of approximately 843,000 deadweight tons [9] - Fixed rate coverage for the remainder of the year is approximately 22%, excluding vessels under index-linked charters [11] Market Data and Key Metrics Changes - The dry bulk market has softened in Q1 2025, with average spot rates for Panamax vessels below $8,000 per day and one-year time charter rates around $12,000 per day [12] - The Baltic Panamax Index and Baltic Dry Index saw notable contractions, declining approximately 27% year-on-year [12] - The IMF revised global GDP growth forecasts for 2025 down to 2.8% from 3.3%, reflecting increased risks from tariffs and geopolitical tensions [13][14] Company Strategy and Development Direction - The company aims to modernize its fleet by selling older vessels and replacing them with younger ones, with plans to take delivery of two new vessels in 2027 [7][44] - The strategy includes opportunistic share repurchases to reflect confidence in long-term value [7] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the dry bulk sector outlook, citing geopolitical instability and a slowdown in key markets as contributing factors [18][22] - The company anticipates a softer market for the remainder of 2025, particularly in China, where dry bulk import volumes are not expected to replicate previous growth [22] Other Important Information - The company has repurchased 334,000 shares totaling $5.3 million as part of a $10 million share repurchase program initiated in August 2022 [7] - As of March 31, 2025, the company's outstanding debt was $105.2 million, with a projected cash flow breakeven level of approximately $11,935 per vessel per day [32][34] Q&A Session Summary Question: Will vessel operating expenses continue at the current level? - Management indicated that operating expenses were slightly over budget in Q1 but it is premature to predict future spending based on one quarter [39][40] Question: What is the forecast for scheduled off-hire days? - Management expects only one dry docking this year and anticipates minimal commercial off-hire days [41][43] Question: How is the fleet being managed regarding acquisitions and sales? - The company plans to sell older vessels and replace them with younger ones, depending on market conditions [44] Question: Are there opportunities to scrap older vessels? - Currently, there are no immediate candidates for scrapping, but management noted a slight increase in scrap activity in the market [48][49] Question: Have trade patterns changed due to tariffs? - Management noted no significant changes in trade patterns or loading/unloading times due to tariffs [52][55] Question: What is the status of the newbuild program? - The company expects to make a payment towards the end of the year for newbuilds, with further payments scheduled for 2026 [58][60] Question: Why was there no stock buyback in Q1? - Limited liquidity and expectations of market improvement were cited as reasons for not executing buybacks in Q1 [61]

Credo Technology Group TodayCRDOCredo Technology Group$76.10 -0.36 (-0.47%) 52-Week Range$22.50▼$86.69Price Target$78.60Add to WatchlistCredo Technology Group’s NASDAQ: CRDO stock price surged 25% following its FQ4 earnings release and guidance update, and it will likely set a new all-time high soon. The results were strong and affirmed the company’s growing importance in the data center, high-performance computing, and AI industries. Once dependent on Amazon NASDAQ: AMZN and Amazon Web Services for its bu ...

Core Insights - Analysts expect Academy Sports and Outdoors, Inc. (ASO) to report quarterly earnings of $0.91 per share, reflecting a year-over-year decline of 15.7% [1] - Revenue projections stand at $1.37 billion, indicating a slight increase of 0.4% compared to the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting stability in analysts' forecasts [1] Revenue Estimates - 'Net Sales- Merchandise Division Sales- Outdoors' is projected to reach $390.43 million, showing a year-over-year increase of 4.1% [4] - 'Net Sales- Merchandise Division Sales- Sports and recreation' is estimated at $322.41 million, indicating a decline of 8% from the previous year [4] - 'Net Sales- Other Sales' is forecasted to be $28.42 million, reflecting a significant increase of 166.5% year-over-year [4] Additional Sales Metrics - 'Net Sales- Merchandise Division Sales- Footwear' is expected to be $278.12 million, representing a decrease of 4.9% from the prior year [5] - The total merchandise sales are anticipated to reach $1.34 billion, indicating a decline of 1.3% compared to the previous year [5] - 'Net Sales- Merchandise Division Sales- Apparel' is projected at $344.86 million, reflecting a year-over-year increase of 2.8% [6] Store Metrics - Analysts estimate that 'Stores - EOP' will total 302, an increase from 284 reported in the same quarter last year [6] Stock Performance - Over the past month, shares of Academy Sports and Outdoors have increased by 10.1%, outperforming the Zacks S&P 500 composite, which rose by 5.2% [7] - ASO currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near future [7]

Wall Street analysts expect Dave & Buster's (PLAY) to post quarterly earnings of $1.05 per share in its upcoming report, which indicates a year-over-year decline of 6.3%. Revenues are expected to be $569.26 million, down 3.2% from the year-ago quarter.The current level reflects an upward revision of 2.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a ...

Core Insights - Accelsius has deployed a Thermal Simulation Rack at Global Switch's new London showroom, marking a significant milestone in their European operations [1][4] - Global Switch is committed to sustainability and innovation, focusing on liquid cooling technologies to educate their customers [2][5] - The "Future Now: London Live Liquid Cooling Showcase" event will take place from June 9-13, providing an opportunity for industry leaders to experience Accelsius' cooling technology [3] Company and Technology Highlights - The Accelsius Thermal Simulation Rack is designed to replicate real-world heat loads from AI and HPC deployments, allowing for live testing of cooling solutions [4] - Accelsius' two-phase liquid cooling system utilizes a dielectric refrigerant for superior heat removal, aimed at meeting the demands of AI and high-performance computing while reducing energy consumption [5] - The showroom is expected to attract over 150 customers from around 40 global organizations, indicating a growing interest in liquid cooling as a sustainable alternative to traditional air cooling [5] Industry Context - Global Switch is recognized as a pioneer in adopting advanced data center technologies, showcasing Accelsius' Thermal Simulation Rack as part of their commitment to innovation [2][5] - The collaboration between Accelsius and Global Switch highlights the industry's shift towards energy-efficient cooling solutions in data centers [5]

Core Viewpoint - Cipher Mining Inc. has provided an operational update for May 2025, highlighting its bitcoin production, sales, and ongoing developments at its Black Pearl site [1]. Production and Operations Summary - In May 2025, Cipher mined approximately 179 BTC and sold around 64 BTC, ending the month with a total of approximately 966 BTC held [2][4]. - The company deployed 75,000 mining rigs, achieving a month-end operating hashrate of 13.5 EH/s and a fleet efficiency of 18.9 J/TH [2]. Financial Metrics - The estimated power sales for May are equivalent to about 4 BTC, based on a month-end bitcoin price of $104,430, and approximately 23 BTC mined at joint venture data centers representing Cipher's ownership [2][11]. - Cipher has approximately 334 BTC pledged as collateral [2][11]. Management Commentary - Cipher is making significant progress at the Black Pearl site, with the Phase I building nearly complete and legacy rigs from the Odessa upgrade relocated and ready for energization [3]. - The company has purchased additional mining rigs to utilize the full 150 MW power capacity at Phase I of Black Pearl, expecting to increase its hashrate capacity from approximately 13.5 EH/s to 23.1 EH/s upon deployment of the new rigs in early July [3]. Company Overview - Cipher focuses on developing and operating industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting, aiming to be a market leader in innovation within the industry [6].