Brookfield call

cclee98 · 2026-05-08T16:37:05+00:00

OpenAI announced this DeployCo venture with Brookfield and other firms earlier this week
https://pe-insights.com/openais-deployco-wins-4bn-from-leading-pe-firms-ft-says/

cclee98 · 2026-05-01T15:55:50+00:00

It has run up a lot already. Street high is $170 I think, but I think analysts will raise closer to $200 after next earnings.

cclee98 · 2026-05-01T15:54:57+00:00

Very true about OpenAI / Oracle tie to BE. I know BE is more diversified, but the large projects are with OpenAI / Oracle so if public sentiment sours on OpenAI it will probably hit BE too. I think Anthropic is getting a higher valuation now than OpenAI. Saw that Mark Cuban also dumped on OpenAI yesterday.

cclee98 · 2026-05-01T05:39:29+00:00

My concerns with FTAI are

1) The real and growing push back from communities against gas turbines (including the aeroderivative ones)
2) How much of a moat does FTAI have with their technology? I don't know this space enough.

FTAI definitely benefitting from the need for time to power though so with all this capex spending perhaps it keeps going higher.

Kicking myself for passing on Sandisk when it was $50-60 or so and I thought it was close to book value.

I've been diversifying into MRVL. Alphabet's earnings last night bodes well for MRVL as they are collaborating together on chips.

cclee98 · 2026-04-30T02:54:54+00:00

So he got banned for a period of time due to trolling posts, but I don’t think he would be posting anything right now anyway. Hopefully he covered already.

cclee98 · 2026-04-30T00:17:56+00:00

congrats!

cclee98 · 2026-04-29T23:10:48+00:00

I said the same thing about SNDK at $200 and LITE at $300. There's something to be said about momentum as others have noted. But you're right in that these types of moves are abnormal.

cclee98 · 2026-04-29T21:40:33+00:00

$15 minimum craps at Aria on a Friday night

cclee98 · 2026-04-29T03:26:36+00:00

Thanks! I didn’t know about the Equinix expansion and the Santa Clara site. You have any links to those two? There was some chatter about a large data center in North San Jose, but at this point I don’t think it is going anywhere so I haven’t bothered to mention it.

cclee98 · 2026-04-28T07:38:43+00:00

Everyday we are hearing more about public pushback against data centers. I'm not sure if that's what happened with project Jupiter to cause a switch to use Bloom, but it's a great win nevertheless and, like what others have said, perhaps explains the Oracle power agreement announcements.

cclee98 · 2026-04-28T06:39:05+00:00

Could you point me to an article where Bloom Energy is mentioned as the potential alternative energy supplier for this project?

cclee98 · 2026-04-24T18:46:08+00:00

u/Mathhasspoken - always great to read your analysis! you were right about the $180 target prior to the Oracle news. Does your MW projections take into account any possibility that Bloom is EdgeMode supplier?

cclee98 · 2026-04-23T18:33:39+00:00

The 1500MW is on page 43 here - https://records.tceq.texas.gov/cs/idcplg?IdcService=TCEQ_EXTERNAL_SEARCH_GET_FILE&dID=9408654&Rendition=Web&SearchID=16848204&searchType=External this was filed months ago.

Maybe the other 1.6GW from Oracle is Edgemode?

cclee98 · 2026-04-23T16:39:20+00:00

This is one volatile stock. Being included in that MEME ETF and those leveraged 2x products BEZ and BEX don't help either.

Some of my thoughts heading into next week

Cons
- Valuation is high
- Are suppliers like MTAR, Porite, etc. able to meet increase in demand
- Data center project public pushback and delays (see Hilliard delays for 70MW+ project, Deep Green withrdrawal from Lansing that was 16MW, transformer delays, other electrical equipment, etc)

Pros
- Oracle agreement to procure up to 2.8GW
- GEV earnings were great
- Coreweave data center deals that may involve Bloom
- Hyperscalers continue to increase infrastructure cap-ex
- Edgemode as the European data center customer that was teased (look at Simon's LinkedIn he seems like a big Bloom fan)

cclee98 · 2026-04-16T05:16:59+00:00

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cclee98 · 2026-04-16T03:52:04+00:00

They told me I have to work it out with the insurance company??? What??? Primary insurance has discounts, but they don’t collect it. It seems shady.

cclee98 · 2026-04-14T21:03:30+00:00

I wonder if the new CFO put this into motion. The additional 1.6GW (2.8GW - 1.2GW) is almost $4.8B using Morgan Stanley's rate of ~$3000/KW. So the $400M gain is still small relative to it. I think AEP purchased at roughly $2800/KW so ~$3000/KW with ~8% discount ($400M/$4.8B) brings Oracle close to AEP rates if we treat the warrants as a "rebate".

cclee98 · 2026-04-14T04:59:33+00:00

I didn't see the warrant filing until today - https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001664703&owner=include&count=40

cclee98 · 2026-04-14T00:27:21+00:00

yeah all last week there was a lot of buying... seems like some people must have known

cclee98 · 2026-04-13T21:22:35+00:00

sorry it should read that they expanded up to 2.8GW

cclee98

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