Yeah, it’s amazing when I look at this stock too. If you look at a chart, three months, right. So if we look in, even we go back to say August, right, not too long ago, this is a hundred say, call it $150 stock. And it came down and we were on this thing, I want to say when it broke 40s, right. I mean we’re saying listen, this company’s amazing, you have to be buying this. And from 50 on, we said goodbye, we’re well past 100. And then it pulled back and we were really saying this for a while. This is September. Now we’re looking at September, where it fell below 90. And we’re saying, hey, you know what? Definitely buy the dip on this stock. This stock’s amazing. And then it went up, and this is about a week and a half ago. 

Two weeks ago, carisdale Capital came out and said you know, they put a short, they had a big short report on it and I read that short report and sometimes short reports are good. This one was a really. It just didn’t make sense to me. The same day they put it out, they put it out in the morning the same day and they said that the reason why they believed that this stock was going to come down and their target price on CoreWeave, which they pushed it down to about $110. They said that their target price is $10. That’s what they said. It’s one 90% downside. And they said, because most of the leverage is one customer, they don’t have a moat around their business. Evaluation’s insane. The debt concerns and I’m like, okay, they address their debt concerns. They only take on debt when they get new customers. That same morning, when they put out this report, of course, they took a massive short position on it. 

The same day, a couple hours later, kuo even announced a $6 billion deal with NVIDIA and the stock took off. Actually, the $6 billion deal. I think it was OpenAI first and the stock took off. And we were saying after I posted on Twitter on that day on that Carousel Capital report, I was like they should upgrade their target price because one is, it showed that they have a motor around their business. It showed that Microsoft is a 70% customer. They got open AI. A couple of days later, they signed another $6 billion deal with NVIDIA and now they just signed this deal with Meta. 

So you’re talking about a short report saying they don’t have a moat around their business. A lot of the sales came from one customer and they worry about debt concerns. All that within that report is garbage. It’s all disappeared in two weeks. They should upgrade their target price from $10 to $150 now. So this stock has been on a tear and we’re doing very, very well telling you to buy on the bottom and also buy on that Carisdale report. So this deal was for $14 billion $14 billion. And when I look at this $14 billion deal real quick, Daniel, did you ever hear of these companies before? Okay, I’m going to give you a list of companies. Let me know if you heard of them. You ever hear of Wynn Resorts, hormel Brown, foreman, jb Hunt, skyworks Solutions, black Decker, mosaic, norwegian Cruise Lines, moderna, molson Coors right, molson Coors. 

The first one’s good Win, I like that All those companies have a market cap below $14 billion. And you had this company Core where you signed a $14 billion deal in a day and, yes, it’s going to extend to 30, 31, 30, 32. And I’m not even including the extra $12 billion in deals they signed a couple weeks before. So when Carousel came out, they said they had to rely on one customer. Okay, bullshit. They just signed three new customers in two weeks. All huge, massive deals, right. So now you’re seeing, maybe they do have a moat around that business. This is a company that’s getting it done with a good management team. You know, I think it’s going incredibly high. I think it’s going to 200. But hopefully you listen to us. We told you to buy early, at 40, even the 50s. All the way up it went a lot higher. Then it pulled back. We said buy it on the pullback and we also said, especially, buy it when it went from like 112. And now you know you’re seeing a nice probably what 20% gain, 15%, 20% gain, which is cool, and we’re not even seeing it that long. We’re talking about. This report came out, I think, a week, week and a half ago. So when you’re signing deals like that with the biggest companies in the world. Mega deals $6 billion, $6 billion, $14 billion. Don’t short a company like that. You’re going to get annihilated. You’re seeing a rush to cover, probably from these guys, because everything they said in the thesis the thesis is no longer intact. Real quick. The reason when I see like Rapp Technologies hasn’t worked out that well for us and now it’s starting to move up again off its lows. The thesis has always been intact. They need a new management team. They need a new management team, they need a new sales team, but the thesis has always been intact. Right, tasers suck. This is a company that’s going to benefit. They’re going to start to see a massive amount of contracts. I really believe that’s one of my large positions. 

When you’re following someone and that thesis no longer exists, when you’re saying, like a Peter Schiff, when it comes to Bitcoin, it’s not going to adopt it or whatever. Now you’re seeing institutional adoption everywhere. When a thesis blows up in your face, run. Don’t hold an ego like you did with Peter Schiff who said sell Bitcoin at $1,000 or $1,500. And it didn’t go to like I’m running a stock, we have a 35% loss, maybe a 50% loss on a small cap. It went from $1,000 to $115,000. And you’re still saying Bitcoin shit and you lose all credibility when you do that. But, more importantly, you lose a shitload of money. So stocks don’t care about you, they have no feelings about you. When the thesis chains change, carriers should come out and say listen, forget about what we said. They just signed a bunch of contracts right in our face. This is good news. Instead, they’re just going to continue to pitch this, even though their thesis doesn’t hold water. Their thesis doesn’t, it’s just from these three contracts. Also, from today, we have BlackRock, and they own Global Infrastructure Partners. 

They announced they’re buying Virginia-based utility group AES for $38 billion. This is one of the fastest-growing utility companies in America. Again, another AI deal. This company focuses on renewables that now offer the lowest LCOE rates. Please understand what LCOE means, because you’re going to hear it everywhere and it’s going to make you a fortune. It stands for the lowest levelized cost of energy. It’s a huge KPI, and when you’re looking at LCOE, you’re now seeing alternative energy cheaper, and they have this compared to natural gas, compared to coal, compared to other forms of energy. You’re seeing the LCOE rates for solar cheaper without the incentives right now, and this is to store energy. This is for battery power during the grid. So you’re looking at 32 gigawatts in operation this company has. They’re paying for operation for the ones in operation 1.1 billion per working gigawatt. 

So you want to wonder why every Bitcoin company or mining company utilities, they’re turning their power into tier 3. Tier 3 is data centers. Tier 1 is Bitcoin. This is why they’re doing it. I mean to seriously get that much, and that’s per megawatt from 1 million for 1 megawatt to 10 million if it’s tier 3, when you’re looking at a gigawatt scale, if you have these assets on your balance sheet, they’re worth an absolute fortune and the biggest guys in the world with the deepest pockets are lined up fighting each other to buy these. And you’re seeing so many small companies that have these energy assets on their balance sheet right now and they’re starting to develop them because they know the hyperscalers assets on their balance sheet right now. They’re starting to develop them Because they know the hyperscalers. They need the energy. We can’t power it. That’s what our whole entire event about was on Thursday. 

But these are two deals. Aes has another 11 gigawatts of power. They will eventually bring online in the future. But, dan, you want to talk about crazy. Within this deal, blackrock bought Global Infrastructure Partners, who’s buying AES for $12 billion last year. Now this company is turning around and buying AES for $38 billion. So it’s nice to partner with one of the greatest leverager of assets on the planet, but still, you bought a company for $12 billion. That company now is spending $38 billion to buy another asset, Probably with the help of BlackRock. It just shows you the massive growth in this industry. If you’re buying the right assets, if you’re in the right area, the amount of spending is absolutely incredible. It’s not slowing down anytime soon. 

0:49:10 – Daniel Creech

No, it’s not, and kudos to BlackRock. We’ve talked about this in the past when they actually and I got this wrong for Dollar Stock Club thinking BlackRock share price would do better for a trade. When Larry Fink of BlackRock announced the global infrastructure partner deal, I thought it was interesting. We talked about it because it was this combination of private and public spending and that has to happen. Not because Daniel Creech and Frank Curzio say it has to happen. It’s because governments are Florida broke and ignorant when it comes to spending money and printing money. So you have to have these partnerships because governments both here and all around the world are broke, blackrock being the greedy wonderful bastards that they are we say that as a compliment, Frank are taking advantage of that and are slowly trying to control the world, as everybody does. Pinky in the brain type stuff, Frank. 

Now, what’s crazy about AES here and you’ve got to know me, I’m not a big fan of all this greeny kind of stuff. A lot of this energy that has to come on quickly to satisfy the demand for power led by AI and data centers has to be solar, wind, intermediate power, because it takes long, as Frank said several years in many cases to build natural gas or anything else power plants. What’s wild here, Frank, is the headlines say this is a $38 billion deal. Well, wild here, Frank, is the headlines say this is a $38 billion deal. Well, investors are going to be real disappointed bidding AES up today because already the enterprise value they must be cutting debt. Capital IQ has this at $45 billion with market cap plus debt, minus cash. Now, just to put everybody at ease, ai is not the terminator of the world. Because I’ve already done this for you guys, I literally copy and pasted the exact same question into Grok and chat, gpt, Frank Two totally different figures. I have no idea where they’re coming up with these numbers. I did it on the government shutdown, different years 1986, 1987, 1988, whatever, doesn’t matter. Okay, so AES says their enterprise value on capital IQ is $45 billion. Finviz got it slower than that, yahoo Finance and all that. My point is it can’t be a $38 billion deal and the stock price is going to maintain where it’s at, so hopefully you guys, if you’re trading this, are making money. 

What’s wild to me is, Frank, aes did a special call on the 29th, so a couple days agoay of this week. From their transcript they talked about the demand for ai and data centers, and they talked about needing to add 600 terawatts of energy. Now that by itself including me, I have no idea what that means. It’s equivalent to building out another aircraft, which is the power grid that covers 90% of Texas, or again, depending on which. Ai all-knowing, all-loving large language model says they serve between 26 and 27 million customers, Frank. Now the point is is that maybe all these guys are lying, talking their own book, being cheerleaders, as all CEOs should to a certain extent. This trend, this AI, data center power trend, is serious. It’s for real, it’s ongoing. I think this is where you ought to be, versus a lot of other places, Frank, and I have talked about that but, I’m confused on the enterprise value. 

We’ll see how this stock reacts. If you’re in it, congratulations. But yeah, this just goes another along with the CoreWeave deal. This is just another data point. Do not let it fall on deaf ears about the opportunity in the power segment. 

0:52:26 – Frank Curzio

Yeah, and, by the way, ERCOT is the electricity provider for Texas, 90% of the homes there, and they also include if you include anything, it’s Arkansas, louisiana, over there that whole area. They actually said that. Remember 2% growth in electricity. We had flat growth in electricity for decades. Now we’re expecting 2%, which is massive when it comes to electricity. You know what ERCOT said. They said that electricity is going to increase by 7% this year and by double digits. I think it’s 13-14% by next year. 

Okay, that’s unheard of. That’s why, when I pitched this event, I said look, you’re going to see blackouts first in Texas, because during that peak time they have to figure out how to power because AI, it’s 24-7, baseload, it’s not like, oh right, let’s take a break. When everybody gets home and uses their electricity or puts their heat on during the winter, which we’ve seen, blackouts in Texas in the winter. We also see them in the summertime. You know air conditions on whatever. I don’t know how they’re going to get that with that kind of demand, which is insane. And that’s them talking, right, it’s not even me talking. That’s why we talked about this event on Thursday. 

And another bit of news, too, is Bloom Energy. So Bloom Energy was one of the free names we gave during our live event on Thursday. We gave away three. If you want the other two, you have to go back to replay, which we’re sending out. Bloom Energy wasn’t the original one I was going to give. The reason why I gave is because it fell 15% the day before our event, from 86 to 68 on a downgrade by Jefferies to sell on valuation. I love when companies downgrade other plays based on valuation because usually it’s a sign to buy. Reading that report, I was like there’s no way. I was like this doesn’t make sense. I gave away that free pick and this was on Thursday, around $70, $60, $70, and said to buy the dip. And Bloom Energy is back to 86, all-time high up 25% before trading days. 

See, this is what Daniel and I are tracking within the industry. We know who’s full of shit, who’s not no-transcript, but these are names from people that I’ve learned within the sector of different technologies when it comes to cooling and how important that is and how big of a cost that is. And now there’s newer technology to do that, whether it’s liquid cooling or whatever, and that’s even changing. Now it’s almost, I won’t say, an old technology, but even that’s changing. They’re just finding ways. They’re trying to find ways to lower their cost because it’s so expensive to build these data centers and they want to get the biggest ROI right, their return on investment. 

But having the right people in these industries and knowing where they’re going in technology and stuff like that, where I’m saying, right now, solar is huge, not all solar. If you have access to residential, be careful, that’s going to hurt the tax credits. You’re not going to see as much demand from people. I’m talking about the ones that are able to provide power and storage and battery storage, and that’s going to help when the grid is at peak, where you could push off some of this energy. And a lot of that has to do with solar, and that’s why you’re seeing solar energy really take off in terms of some stocks not all of them and it’s a good buy because you might say, well, some of these things are up like 50, 60, 70% from their lows, but they’re still down 70% from their highs if you look like a year out or two years out from the tax credits and everyone repairing and Trump getting elected and the whole climate change shit, where we’re shutting everything off and not providing money. Now when a company’s economical, it’s different they. And now when a company is economical, it’s different, they don’t need any help. They don’t need government help. You know. It’s just Bloom Energy is right there. We’ve done very, very well with that name. I’m glad, if you listened, that you bought that name as well. 

So these AI deals news flow are just from the past couple of days that Daniel and I are covering. Before that, if you look at the past three weeks Microsoft $17 billion deal with Nebius for GPU infrastructure. Nvidia with CoreWeave $6.3 billion. Another deal with CoreWeave and OpenEye for $6 billion. Anthropic raised $13 billion for $183 billion valuation. Musk’s XAI raised $10 billion for a $200 billion valuation. And then we saw Oracle’s numbers, which we’re pretty sure AI is the reason why they pushed their backlog for $150 billion to $450 billion is the reason why they pushed their backlog for $150 billion to $450 billion. So this is $500 billion plus in deals announced in the past three weeks. 

I said earlier Jensen Wong $4 trillion in spending he says is going to be needed on AI by 2030, which is insane. Most analysts and their estimates when it comes to energy, they’re way, way, way off which we showed you during our presentation we’re going to need probably double the amount of gigawatts than they’re projecting, because they’re not projecting for agentic AI, which takes up a massive amount, 25 times more than your traditional AI search, which is already, I think. What is it? 13 or 15 times? I have the day I forgot what it was where I presented all the factual numbers of just your traditional Google search. They’re not factoring in for JetDeck AI, which is millions of bots, everybody owning these things, everybody pushing into that kind of technology, and just the amount of power we’re going to need is much more than anyone’s predicted. 

So this Wednesday we’re going to go live again. We’re going to do Wall Street Unplugged, where I’m going to interview Amir Adnani, ceo of Uranium Energy. Then Daniel and I are going to be answering all your questions many of those left over from Thursday that we didn’t get to, as well as questions you’re going to be able to ask us live. So it’s going to take place Wednesday at 11 am on the X platform, so be sure to go there. You can follow us at Frank Curzio. That’s where it’ll be 100% focused on the AI energy crisis and you guys are going to be able to ask as many questions as you want, and we’re going to be doing this, whatever, if it’s an hour, if it’s two hours, how many people are there and attending? 

We’re going to continue to answer your questions because we know this industry well. I think there’s huge, huge, huge opportunities for you. That’s why we’re couple days we do it when we have something to say where I think you can make a lot of money, because if we make you a lot of money, you’re going to become a subscriber for life. You’re going to follow us for life and that’s why we’ve been doing this for so long. This is an exceptional, one of the best opportunities that I’ve seen in the markets, and we’re benefiting tremendously through our newsletters, through our AI newslet, more names on the book for you guys that you guys could do well on, but it should be really, really fun Again. 

0:58:28 – Daniel Creech

11 o’clock on Wednesday Mark those calendars on the X platform at Frank Curzio. It should be a lot of fun, sounds good. 

0:58:31 – Frank Curzio

You ready for that, Daniel? Live broadcast. 

0:58:33 – Daniel Creech

We’ll see you next week. 

0:58:34 – Frank Curzio

Yeah, Daniel kicked ass on Thursday Answering questions hanging out. But now a lot of questions and I’m just going to be like Daniel answer this question. I’m going to push it all to you. I’m just going to go grab a beer and just disappear, maybe. Cinnamon 11 am. That might be early Eastern to grab a beer, but we’ll see. 

0:58:51 – Daniel Creech

But it should be pretty cool. 

0:58:57 – Frank Curzio

But anyway, guys, thank you so much for listening in the live events and stuff like that, and thank you so much if you attended, because I can’t believe how long people stayed on for and just answering the, you know, asking the questions. A lot of people inquired about our newsletter as well, which is really cool, and I’m glad because I think you’re going to do really really well. So I just want to say thank you for your attendance and this is our way of paying you back doing another free podcast, and this time we’ll We’ll get to a lot more of those questions that you asked. 

So hopefully, if you didn’t get that question answered last week. You’ll get it answered on Wednesday at 11 am on the X platform. So, guys, that’s it for us. Have a good night, because Daniel and I will be back tomorrow on Wall Street Unplugged Premium and questions or comments, feel free to email your friend, CurzioResearch.com. Daniel, what’s your email? 

0:59:42 – Daniel Creech

Daniel@CurzioResearch.com.

0:59:44 – Announcer

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