some blarney from us about $ORCL today I’m long the stock personally

New 52-week high for $TXG. The AI biology / data-layer re-rate is the real deal.

$GNRC SIGNS UP TO $8B $AMZN DATA CENTER POWER DEAL Generac has entered into a long-term agreement to supply backup power generators for Amazon data centers, with aggregate payments under the deal potentially reaching $8 billion. Initial generator deliveries are expected to total about $2.4 billion across 2027 and 2028. As part of the agreement, Amazon received warrants to purchase up to 1.69 million Generac shares at $200.93 each. About 308,000 shares vested immediately, while the rest will vest in stages as Amazon’s payments to Generac increase toward the $8B threshold. The warrants can be exercised through September 2033. The deal gives Generac a major long-term customer as hyperscalers continue expanding data center capacity and the power infrastructure needed to support it.

JUST IN: China officially opens the world's first mass-production plant making a humanoid robot every 10 minutes

BREAKING NEWS: CANADA EXPANDS TAX BREAK TO BROAD RANGE OF INVESTMENTS INCLUDING PIPELINES — BLOOMBERG.COM

Shares of AI-linked companies fell as much as 13% after the heads of leading groups including Anthropic, OpenAI and SpaceX called for a slowdown in AI development. ft.trib.al/jFVWSLv

*LARRY ELLISON CANCELS HIS PLAN TO SELL ORACLE STOCK

$TXG fresh highs since we pitched it. Now pushing through the recent $40 52-week high / resistance zone. String of PT upgrades. Life-science tools continue to get re-rated.

$ORCL: "Of all the GPUs that came up for renewal in Q1, that capacity was renewed or resold at a 20% premium to prior contracts. The majority of those GPUs are four years or older." @Silicon_Data was validated in yesterdays Oracle call.

OPENAI CONSIDERS SLOWING CUTTING-EDGE AI DEVELOPMENT Sam Altman told employees OpenAI could potentially slow the pace of advanced AI development, possibly in coordination with other major AI labs. OpenAI has already slowed parts of model development and paused certain internal AI training over safety concerns. Chief scientist Jakub Pachocki has also called for voluntary slowdowns until shared safety standards are established. Source: Bloomberg

The AI-compute thesis isn’t hidden. But think $ORCL is mispriced after the 50% drawdown. Think the R/R is compelling here even before earnings.

Initial read on $AVAV print: solid, not full confirmation. Rev/EPS beat and funded backlog $1.5B. AxS +21% validates demand. But SCDE -21% and lower YoY EBITDA show profitability still needs proving. Even after the brutal defence selloff since Q1 bottoming still unclear...

You don’t own enough hard assets

Full long thesis on $AVAV and whether it makes sense to put on a position here. One of the better IRRs in defence technology but hard to find clean entries in a tape that's been pretty hostile to the whole defence theme of late.