RT Generation Infinity (@Genfinity)🌐 Solana Deep Dive l The Future of Digital EconomiesA deep look at internet capital markets, creator tools, technology, stablecoins, and @Solana’s role in the future of digital infrastructure.A conversation w/ Head of Product Marketing @SolanaFndn @vibhuHosted by @IOV_OWL https://t.co/4TfazMaldC ...

Core Points - Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will discuss artificial intelligence, advanced computing, and digital infrastructure at the U.S.-Saudi Investment Forum [1] - The event follows a significant meeting between President Donald Trump and Saudi Crown Prince Mohammed bin Salman, where Saudi Arabia increased its trade and investment commitment to the U.S. from $600 billion to $1 trillion [2] - Musk's attendance at the dinner with Trump and the crown prince marks his first appearance at the White House since a public disagreement with Trump in June [3]

Dycom Industries (NYSE:DY) Q3 2026 Earnings Call November 19, 2025 09:00 AM ET Company ParticipantsFrank Louthan - Managing DirectorDrew DeFerreri - CFOLaura Maher - Equity Research AssociateDan Peyovich - President and CEOCallie Tomasso - VP of Investor Relations and Corporate CommunicationsAlex Waters - VPConference Call ParticipantsRichard Cho - AnalystSteven Fisher - Senior Equity Research AnalystBrent Thielman - Stock AnalystAdam Toller - AnalystSangita Jain - Senior AnalystEric Lupco - AnalystOperator ...

Financial Data and Key Metrics Changes - The company reported record revenue of $1.45 billion for Q3 FY 2026, a 14.1% increase compared to Q3 FY 2025 [4][21] - Adjusted EBITDA reached $219 million, marking a 28.5% increase year-over-year, with an adjusted EBITDA margin of 15.1%, up 169 basis points from the previous year [5][22] - The company’s backlog hit an all-time high of $8.2 billion, with $4.99 billion expected to be completed in the next 12 months [6][22] Business Line Data and Key Metrics Changes - Organic revenue growth was reported at 7.2%, driven by fiber-to-the-home programs, wireless activity, and maintenance services [21] - Major customers included AT&T with $361.9 million and Lumen with $170.3 million, each exceeding 10% of total revenues for the quarter [22] Market Data and Key Metrics Changes - The company anticipates a $20 billion addressable market for outside plant data center network construction over the next five years, driven by increasing demand for digital infrastructure [7][11] - The NTIA approved final BEAD deployment plans for 15 states, with $29.5 billion in total spending expected, creating a significant addressable market for fiber and HFC infrastructure [8][9] Company Strategy and Development Direction - The acquisition of Power Solutions is expected to enhance the company’s capabilities in the rapidly growing digital infrastructure market, particularly in the data center sector [12][29] - The company aims to leverage its scale and expertise to capitalize on the growing demand for fiber infrastructure and data center construction [7][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for telecommunications infrastructure, particularly fiber-to-home builds and data center growth [6][19] - The company is optimistic about the future, projecting revenue growth of 13.8% to 15.4% for the full fiscal year, excluding the impact of the pending acquisition [6][24] Other Important Information - The total purchase price for Power Solutions is $1.95 billion, expected to be immediately accretive to adjusted EBITDA margin and diluted EPS [13][29] - The company has secured over $500 million in verbal awards related to BEAD deployments, which will not be reflected in the backlog until the next quarter [9][23] Q&A Session Summary Question: Improvement in DSOs and Power Solutions Expansion - Management noted a 14-day improvement in DSOs, attributing it to strong cash management practices and expressed confidence in maintaining this improvement going forward [35] - Regarding Power Solutions, management highlighted the addition of skilled workforce and the alignment with hyperscaler demands as key growth drivers [36] Question: Customer Relationships and Opportunities - Management indicated that Power Solutions primarily works with general contractors, but there is significant overlap with hyperscaler end users, providing opportunities for diversification [40][42] Question: Fourth Quarter Guidance and Backlog - The wider revenue range for Q4 reflects seasonal factors and the ongoing growth in fiber-to-home programs, with expectations for continued strong performance [57] - Power Solutions has a backlog of over $1 billion, with contracts typically spanning 6 to 12 months, indicating a robust pipeline of work [59] Question: New Market Expansion and Long-Term Strategy - Management emphasized a cautious approach to expanding into new markets, focusing on long-term shareholder returns and leveraging existing strengths in the DMV region [64] Question: Service and Maintenance Agreements - The $500 million in service and maintenance agreements post-quarter reflects the company's ability to secure ongoing work and indicates strong momentum heading into Q4 [72][75]

Financial Data and Key Metrics Changes - Dycom Industries reported record revenue of $1.45 billion for Q3 FY 2026, a 14.1% increase compared to Q3 FY 2025 [4][20] - Adjusted EBITDA reached $219 million, marking a 28.5% increase year-over-year, with an adjusted EBITDA margin of 15.1%, up 169 basis points from the previous year [4][21] - The company’s backlog hit an all-time high of $8.2 billion, with $4.99 billion expected to be completed in the next 12 months [5][21] Business Line Data and Key Metrics Changes - Organic revenue growth was reported at 7.2%, driven by fiber-to-the-home programs, wireless activity, and maintenance services [20] - The service and maintenance business continues to grow, with additional agreements totaling over $500 million executed after the quarter [9][22] Market Data and Key Metrics Changes - The demand for fiber infrastructure to support data center growth is increasing significantly, with a projected $20 billion addressable market for outside plant data center network construction over the next five years [6][7] - The NTIA has approved final BEAD deployment plans for 15 states, with $29.5 billion in total spending expected, of which $26 billion will be used for fiber or HFC infrastructure [8][9] Company Strategy and Development Direction - The acquisition of Power Solutions is expected to enhance Dycom's capabilities in the digital infrastructure market, providing comprehensive services from core networks to data centers [12][13] - The company aims to capitalize on the growing demand for digital infrastructure driven by hyperscalers and technology companies, with a focus on long-term shareholder value [11][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for telecommunications services and the ongoing growth of fiber-to-home builds, projecting continued acceleration in the coming years [5][6] - The company anticipates that the construction of new outside plant data center networks will ramp up significantly in 2026, leading to substantial growth [6][17] Other Important Information - The total purchase price for Power Solutions is $1.95 billion, expected to be immediately accretive to Dycom's adjusted EBITDA margin and diluted EPS [13][24] - The acquisition is anticipated to provide a clear path to deleveraging to two times net leverage within 12 to 18 months [26][28] Q&A Session Summary Question: Improvement in DSOs and future expansion of Power Solutions - Management noted that the 14-day improvement in DSOs reflects strong cash management efforts and expressed optimism about maintaining this improvement going forward [31] - Regarding Power Solutions, the focus will be on leveraging skilled workforce capabilities to meet the growing demands of hyperscalers [32] Question: Customer relationships and growth opportunities with Power Solutions - Power Solutions primarily works with general contractors, but there is significant overlap with hyperscaler end users, providing opportunities for customer diversification [35][36] Question: Fourth quarter guidance and backlog context - The wider revenue range for Q4 is attributed to seasonal factors and the ongoing growth in fiber-to-the-home programs [45] - Power Solutions has a backlog of over $1 billion, with contracts typically spanning 6 to 12 months [47] Question: Future market expansion and M&A opportunities - Management emphasized a strategic approach to growth, focusing on the proven DMV market while also considering future M&A opportunities in other regions [51][52] Question: Data center market concentration and future M&A - The data center contracting space remains fragmented, presenting opportunities for future acquisitions, while Dycom aims to leverage its scale in both telecommunications and data center services [63]

Summary of Blue Owl Capital Conference Call Company Overview - **Company**: Blue Owl Capital (NYSE: OWL) - **Industry**: Alternative Asset Management and Business Development Companies (BDCs) Key Points and Arguments Industry Resilience and Evolution - The alternative asset management industry has shown resilience despite experiencing double-digit drawdowns in stock prices, indicating strong investment performance over time [1][2] - The industry has evolved from primarily private equity and direct lending to include capital-light businesses, transaction fees, and on-balance sheet insurance liabilities [26] Business Model and Strategy - Blue Owl started as a direct lending business and has expanded into asset-based lending, digital infrastructure, and GP stakes, focusing on bespoke capital solutions [9][10] - The firm emphasizes downside protection, principal preservation, and yield as core investment strategies, which remain consistent over the years [11][12] - The majority of growth has been organic, with acquisitions being a smaller percentage of overall enterprise growth [12][13] Importance of Scale - Scale is critical in the credit space, allowing for more origination, underwriting, and participation in larger financing deals [17][18] - Larger firms can access better credits and more opportunities, which is not uniformly true across all investment strategies [19][20] Volatility and Market Conditions - Periods of market volatility are viewed positively as they create opportunities for deploying capital into higher-quality companies at better spreads [32][33] - The firm has developed expertise in managing assets during volatile markets, which can lead to accelerated growth [33] Portfolio Performance and Risk Management - Blue Owl's software lending portfolio has a low default rate of 0.03%, indicating high quality and performance [76][77] - The average loan-to-value (LTV) ratio for software loans is around 30%, providing a significant equity cushion [87] - The firm maintains a diversified portfolio with a focus on senior secured loans, which are less susceptible to market downturns [52][56] Market Perception and Education - There is a need for better communication and education regarding the private credit industry to counter negative narratives and misconceptions [65][66] - The firm believes that strong performance and results will ultimately speak for themselves and help change market perceptions [51][62] Future Outlook - Blue Owl is focused on maintaining a disciplined approach to credit quality and origination, ensuring that they do not compromise standards for growth [44] - The firm is optimistic about the future, believing that their business model and strategies will continue to yield positive results despite market fluctuations [61][62] Additional Important Insights - The firm has approximately $600 billion in assets under management (AUM) and expects manageable inflows from the wealth channel [39] - The alternative credit business is expected to grow significantly, with a focus on direct origination and a diverse range of underlying assets [88][89]

Ares Management (NYSE:ARES) 2025 Conference November 18, 2025 12:00 PM ET Company ParticipantsMarc Lipschultz - Co-CEOKipp deVeer - Co-PresidentConference Call ParticipantsBrian McKenna - Director and Equity Research AnalystBrian McKennaAll right. I know everyone's eating their lunch here, filing in, but why don't we get going? Hopefully, everyone can hear us okay. My name is Brian McKenna. I cover the alternative asset managers and the BDCs and equity research at Citizens. I've actually covered the space f ...

As part of the initial collaboration, Samsung C&T and Siemens identified next-generation infrastructure projects across Saudi Arabia, Canada and Thailand as first focus areas. These projects span key infrastructure sectors, including airports, hospitals, data centers and buildings, and pave the way for joint innovation and delivery excellence. Through a ‘ONE Tech Company’ approach, Siemens will bring together its full Smart Infrastructure and Digital Industries portfolio, encompassing Building X, Electrific ...

"Governments & Institutions Came to Stay"A discussion on how civic systems, fintechs, and protocols co-create real digital infrastructure.🎙️ Featuring:• @pialessandri, @BAinnovacion• @MiliFortunata , @crecimientoar• @DiegoteQR, @CamaraFintechAr🗣️ Moderated by ZKsync's, @alcitocampenni ...

Core Insights - Mr. Mavroudis is a professional portfolio manager with a focus on risk management and in-depth financial market analysis [1] - He has successfully navigated major crises, including the COVID-19 pandemic and the PSI [1] - Mr. Mavroudis is the CEO of FAST FINANCE Investment Services, a registered Greek company [1] Professional Background - Holds an MSc in Financial and Banking Management, an LLM in Law, and a BSc in Economics, graduating as valedictorian [1] - Certified portfolio manager and analyst for financial instruments, with additional certifications in derivatives and securities market-making [1] - Licensed Class A accountant-tax consultant and member of the Economic Chamber of Greece [1] Contributions to the Financial Community - Writes daily articles for reputable financial media and appears as a guest commentator on television and online programs [1] - Published three books on investments, contributing to knowledge sharing in the investment community [1] - Engages with a vibrant community of investors through Seeking Alpha, aiming for mutual growth and knowledge sharing [1]