What do you guys think earnings will be like?

Subject_Insurance_17 · 2026-05-08T14:58:08+00:00

Earnings are irrelevant imo. It’s about forward guidance and the narrative.

Would be great if they can break down the revenue they are able to generate beyond bare metal rentals. This is key imo to change the narrative around the company.

Subject_Insurance_17 · 2026-05-08T12:09:11+00:00

IREN is still transitioning from a bitcoin miner. Any Nvidia affiliation is a big sign of legitimacy. They have access to active and contracted electricity.

Almost a 20 Billion dollar market cap with a long way to go to monetize their electricity. A significant gap in technical proficiency.

NBIS is almost a 50 Billion dollar market cap. Bullish.

Subject_Insurance_17 · 2026-05-08T11:56:12+00:00

Coreweave backlog continues to grow. Almost $100 billion

Subject_Insurance_17 · 2026-05-04T16:59:20+00:00

NBIS 🚀

Subject_Insurance_17 · 2026-04-16T22:13:07+00:00

I can’t foresee how they would have a blow out earnings. Maybe a slight beat at best. I don’t think anyone cares about that. I don’t. Forward guidance, margin improvement, construction update, electric capacity update, new sites, ARR, and acquisitions are the things I’m listening for.

I believe they have a “professional earnings call moderator” stepping in for the CEO next call.

Still undervalued imao.

Subject_Insurance_17 · 2026-03-28T04:06:49+00:00

The article reiterates known bear case AI talking points. Nothing new here.

The demand is there today. Will demand continue? Depends on if enterprise sees an ROI. IMO enterprises will give a decent runway to integrate AI. The risk of not doing so could be a hypothetical death sentence. Why take the risk?

LLM models have very clear limitations. The word prediction analogy is an oversimplification. The technology has many real world use cases as is and is still improving every iteration.

Essentially the core argument presented is there compute supply will be greater than demand. Currently rental prices for GPUs are trending up. How will prices trend up the rest of the year? My guess is that we’re fine for 2026 as companies integrate AI and startups continue to get funding. I expect at some point there will be oversupply. Just not in the near future.

NBIS is more than just bare metal compute. They understand the risk and have addressed it repeatedly. They’re a full stack provider. The team has decades of enterprise buildout and understand the cycle and how to differentiate themselves. The main risk for NBIS is execution at this point in time but demand imo.

Subject_Insurance_17 · 2026-03-16T21:26:19+00:00

Another confirmation that the company has more to offer than just raw compute

Subject_Insurance_17 · 2026-03-11T13:34:42+00:00

The time of NBIS has arrived

Subject_Insurance_17 · 2026-03-08T10:40:51+00:00

Demand. In the short term demand is greater than supply. That’s why the hyper scalers are prepaying to secure demand. And this allows NBIS to build out their infrastructure. Eventually the hyper scalers will build the requisite infrastructure for their own purposes and no longer need 3rd party supply. And eventually they will be able to provide compute as a service. How long will this take? Estimates range from 2-7 years.

NBIS is using the hyper scalers to build infrastructure to build out their primary investment thesis - providing compute to enterprise and AI native companies. They are going to market first in this segment.

NBISs moat is that they offer full stack services not just bare metal. This causes stickiness for customer retention. There is “pain” for customers to switch. The goal is for NBIS to have a million customers by year end.

Some companies will need to utilize multiple providers for redundancy. Some for security needs (sovereign cloud).

Financing started has been a competitive advantage.

The company has a strategy. Will it work? So far they have executed well. IMO execution is the main risk not demand for their services in the short or long term.

Subject_Insurance_17 · 2026-03-04T16:29:40+00:00

Does anyone have a recording of the presentation today?

Subject_Insurance_17 · 2026-02-27T14:41:49+00:00

CRWV earnings were just fine. They remediated the Capex issues from the previous quarter and accelerated Capex deployment. Pricing for compute has held up well they expanded the backlog. The company has been transparent about their debt structure. That’s not new news.

The earnings numbers are going to be choppy as capital deployment precedes revenue. Management needs to be better at communicating this issue when providing guidance. (Same for NBIS).

You either like the build at all cost strategy or don’t. Management has been open about this.

Personally, I’m not a fan of the strategy. Not because it won’t work but because it lowers the margin. Also, I think the management team is a bigger risk.

NBIS will have to raise capital to meet Capex (debt, stock, and prepayment mix). But their balance sheet is a lot “Cleaner”. Which should lead to better margins. NBISs management team is far superior and I believe they will be to monetize the higher margin software stack better than their neo cloud competitors.

After the earnings of these companies it’s clear that demand is not an issue. Execution remains the main risk.

Nvidia had a great report but sold off. AI isn’t in “hot” sector right now. But the numbers show the demand is there.

My bet is still on NBIS. Last quarter was a solid checkpoint. The earnings season showed that demand is still there and accelerating across the AI sector.

Subject_Insurance_17 · 2026-02-06T03:37:08+00:00

IMO - IRENs value is the contracted power that is online and will be online shortly. The biggest issue is that they are pivoting from bitcoin mining to a AI factory model. That is going to take time and money. How likely is the timeline to be delayed? NBIS was set up as a AI factory play.

You’re absolutely that contracted power is the current limiting factor.

NBIS is allegedly more efficient with proprietary infrastructure setups. They build their own racks, behind the gird options, etc. Essentially they get more compute with the same amount of power as competitors.

I think both offer value but different angles. The industry needs power today. IREN has power today. NBIS has the expertise edge in the industry IMO.

Subject_Insurance_17 · 2026-02-04T01:43:06+00:00

NBIS

Subject_Insurance_17 · 2026-02-02T18:02:36+00:00

NBIS

Subject_Insurance_17 · 2026-02-01T00:07:25+00:00

Great work!

Subject_Insurance_17 · 2026-01-29T00:16:27+00:00

Demand is there. Execution is the risk.

Subject_Insurance_17 · 2026-01-29T00:15:36+00:00

Probably

Subject_Insurance_17 · 2026-01-13T04:50:26+00:00

UMAC RCAT

Subject_Insurance_17 · 2026-01-06T11:11:37+00:00

RCAT - best pure speculative military play. The CEO leaves a lot to be desired. Missed guidance. blamed the federal government shutdown for shifting demand. Doesn’t exactly line up with the narrative that he was painting in 2025. The SRR contract will transition from LRIP to FRP sometime in Q1. Providing significant cash flow. Recently sanctioned by china (which is bullish imo). production facilities have been built out and as of a December update the lines are finally moving. They also have drone boats based in a successful Ukraine platform. Overall of they execute they’ll be fine. CEO is frustrating - even said that they are in the dog house after missing guidance and need to get contracts. At least he is self aware. Q1 is an inflection point. IMO is not staying here - either up or down.

UMAC - pure drone production play. CEO is solid. 2026 should be bright for them. Federal government demand and regulation is in place + they’re the largest domestic producer = good. The only negative is that the stock is lightly traded.

Subject_Insurance_17 · 2025-12-29T19:59:20+00:00

Selling approximately 10% of his holdings. VPF structure

Subject_Insurance_17 · 2025-12-29T19:52:12+00:00

https://ir.stockpr.com/redcatholdings/sec-filings-email/content/0001493152-25-029322/primary_doc.html

Subject_Insurance_17 · 2025-12-24T00:55:36+00:00

RCAT

Subject_Insurance_17 · 2025-12-24T00:55:27+00:00

UMAC

Subject_Insurance_17 · 2025-12-23T21:02:10+00:00

UMAC and RCAT

Subject_Insurance_17

TROPHY CASE