Lithium Battery

📊 Watchlist for tomorrow (Not Financial Advice)

$Celestica(CLS.US) $Cadence Design(CDNS.US) $Enova(ENVA.US) $SAP AG-Sponsored(SAP.US) $ServiceNow(NOW.US) $AAR(AIR.US) $FirstCash(FCFS.US) $Goosehead Insurance(GSHD.US) $General Motors(GM.US) $Precigen(PGEN.US)

📌 See pinned tweet for how I use my WL

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $IBM(IBM.US) IBM to Acquire HRL Laboratories to Expand Quantum Computing Capabilities

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗜𝗕𝗠 signs a definitive agreement to acquire 𝗛𝗥𝗟 𝗟𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝗶𝗲𝘀.

➤ Financial terms of the acquisition were 𝘂𝗻𝗱𝗶𝘀𝗰𝗹𝗼𝘀𝗲𝗱.

➤ Transaction is expected to close by the end of 𝗤𝟯 𝟮𝟬𝟮𝟲.

➤ 𝗛𝗥𝗟 specializes in silicon-spin qubits, quantum sensing, and advanced materials.

➤ HRL's 𝘀𝗶𝗹𝗶𝗰𝗼𝗻-𝘀𝗽𝗶𝗻 𝗾𝘂𝗯𝗶𝘁 expertise will complement IBM's quantum roadmap.

➤ 𝗕𝗼𝗲𝗶𝗻𝗴 and 𝗚𝗠 will continue partnering with IBM after the transaction.

➤ IBM plans to expand 𝗾𝘂𝗮𝗻𝘁𝘂𝗺 𝘀𝗲𝗻𝘀𝗶𝗻𝗴 applications across multiple industries.

➤ IBM targets 𝗤𝘂𝗮𝗻𝘁𝘂𝗺 𝗦𝘁𝗮𝗿𝗹𝗶𝗻𝗴 launch in 𝟮𝟬𝟮𝟵 and 𝗕𝗹𝘂𝗲 𝗝𝗮𝘆 in the mid-𝟮𝟬𝟯𝟬𝘀.

➤ Acquisition could support 𝗔𝗻𝗱𝗲𝗿𝗼𝗻 quantum wafer foundry development.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗝𝗮𝘆 𝗚𝗮𝗺𝗯𝗲𝘁𝘁𝗮, Director of Research and IBM Fellow:

"bring a broad portfolio of technologies that will strengthen IBM's long-term plans to deliver useful quantum computing to the world, bringing together advances across quantum computing, quantum sensing, and quantum networking."

𝗥𝗼𝗯 𝗩𝗮𝘀𝗾𝘂𝗲𝘇, President and CEO of HRL:

"the natural next chapter" for the organization, adding that HRL's innovations would combine with IBM's research capabilities to serve commercial and government customers.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Trump signed an executive order tightening the conditions under which U.S. defense contractors can obtain waivers to use banned foreign-sourced critical minerals and materials.

$USA Rare Earth(USAR.US) $MP Materials(MP.US) $Critical Metals(CRML.US) $US Antimony(UAMY.US) $Niocorp Developments(NB.US) $Lithium Americas(LAC.US) $Energy Fuels(UUUU.US) $Trilogy Mets(TMQ.US)

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Micron, Ford Sign Long-Term Supply Agreement for Next-Generation Vehicles - $Micron Tech(MU.US) $Ford Motor(F.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐌𝐢𝐜𝐫𝐨𝐧 and 𝐅𝐨𝐫𝐝 signed a 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 Strategic Customer Agreement.

➤ Agreement strengthens the supply of 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐦𝐞𝐦𝐨𝐫𝐲 and storage solutions.

➤ Micron is expanding production capacity for 𝐤𝐞𝐲 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 memory products.

➤ Capacity investments support 𝐥𝐨𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 lifecycles and production continuity.

➤ Agreement includes Micron's 𝐕𝐢𝐫𝐠𝐢𝐧𝐢𝐚 DRAM manufacturing expansion.

➤ Supply partnership supports 𝐅𝐨𝐫𝐝'𝐬 next-generation vehicle production.

➤ The agreement is one of 𝟏𝟔 Strategic Customer Agreements disclosed during Micron's Q3 2026 earnings call.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Long-term supply agreements help reduce 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐜𝐡𝐢𝐩 𝐬𝐮𝐩𝐩𝐥𝐲 risks.

➤ Expanding U.S. production strengthens 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 semiconductor manufacturing.

➤ Rising vehicle intelligence is increasing demand for 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐝 memory and storage.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Producing the high-volume vehicles of the future in the U.S. will require a resilient supply chain. We applaud Micron's commitment to manufacturing in America, expanding its domestic production and investing in a skilled workforce." — 𝐉𝐢𝐦 𝐅𝐚𝐫𝐥𝐞𝐲, President and CEO of Ford Motor Company.

➤ "We are proud to extend our collaboration with Ford to help ensure a reliable, long-term supply of memory and storage solutions. As vehicles become more intelligent and data-intensive, the importance of advanced memory and storage continues to grow, making collaboration and long-term supply increasingly important." — 𝐒𝐚𝐧𝐣𝐚𝐲 𝐌𝐞𝐡𝐫𝐨𝐭𝐫𝐚, Chairman, President and CEO of Micron Technology

Came across an interesting report from SVRC Research called "State of Robotics 2026", published in April.

Which listed:

1. Figure AI

2. Agility Robotics $Churchill Capital XI(CCXI.US)

3. Apptronik

4. $Tesla(TSLA.US)

5. Boston Dynamics

6. Physical Intelligence

7. 1X Technologies

8. $Amazon(AMZN.US) Robotics

9. Covariant

10. Skild AI

As the National Champions of the United States robotics program.

"The United States leads the world in where robotics is heading: Fundation models, OpenAI-style scaling laws applied to action, autonomous vehicles.

While losing the race on where robotics is shipping today."

Then it frames:

1. Rare Earths Exposure: from Neodymium for motors to samarium-cobalt for high-temp applications as a critical vulnerability.

2. Actuator dependency. Series elastic actuators, quasi-direct-drive motors, and precision reducers overwhelmingly sourced from Japan, Germany, and China

As one of the main vulnerabilities alongside Manufacturing velocity/data collection cost/regulations. Then their take was:

"With at least six well-funded US humanoid companies competing for a market still in early formation, we expect at least two significant consolidation events (acquisition or merger) in 2027".

With Logistics / E-commerce (like $Amazon(AMZN.US) / $FedEx(FDX.US)) and Automotive from $General Motors(GM.US) to $Forward Industries(FORD.US) as being the immediate top use cases for deployment.

I think it's just interesting to see a lot of my points I've been talking about reiterated by research firms. Regardless, I do think it's going to be a major frontier race between the US and China.

Agility Robotics (which I own), Tesla, Figure, and Apptronik as leaders representing the USA. Competing against Unitree, AGIbot, Ubtech, and others in China.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Micron, GM Sign Long-Term Automotive Memory Supply Agreement - $Micron Tech(MU.US) $General Motors(GM.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐌𝐢𝐜𝐫𝐨𝐧 and 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐌𝐨𝐭𝐨𝐫𝐬 signed a 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 agreement.

➤ GM secured long-term supply of 𝐋𝐏𝐃𝐑𝐀𝐌, 𝐍𝐎𝐑, and 𝐔𝐅𝐒 𝐍𝐀𝐍𝐃 memory products.

➤ Companies will jointly develop 𝐧𝐞𝐱𝐭-𝐠𝐞𝐧 memory and storage solutions for future vehicles.

➤ Collaboration includes product definition, 𝐬𝐲𝐬𝐭𝐞𝐦 𝐨𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, and technology qualification.

➤ Agreement is supported by Micron's 𝐔.𝐒. $𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 investment in its Virginia facility.

➤ The Manassas plant began 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 earlier this year for automotive-grade memory.

➤ Facility is designed to support the auto industry's 𝐥𝐨𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐥𝐢𝐟𝐞𝐜𝐲𝐜𝐥𝐞𝐬.

➤ Agreement strengthens supply chain resilience for GM's 𝐧𝐞𝐱𝐭-𝐠𝐞𝐧 vehicle platforms.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Long-term supply agreements reduce risks from 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 semiconductor shortages.

➤ Expands Micron's presence in the growing 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 memory market.

➤ Supports GM's development of more 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞-𝐝𝐞𝐟𝐢𝐧𝐞𝐝 and connected vehicles.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Delivering next-generation vehicles at scale requires a resilient and closely aligned supply chain. Our expanded collaboration with Micron strengthens our access to critical memory technologies while enabling deeper integration across our vehicle platforms, supporting both performance and long-term reliability." — 𝐌𝐚𝐫𝐲 𝐁𝐚𝐫𝐫𝐚, Chair and CEO of General Motors.

➤ "This agreement is designed to deliver long-term supply assurance and technology innovation, and our U.S. manufacturing investments are intended to support both near-term products and next-generation platforms." — 𝐒𝐚𝐧𝐣𝐚𝐲 𝐌𝐞𝐡𝐫𝐨𝐭𝐫𝐚, Chairman, President and CEO of Micron.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $General Motors(GM.US) GM to Develop Battery Tech for NASA’s 𝐏𝐞𝐠𝐚𝐬𝐮𝐬 Lunar Rover

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ GM to develop 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 technology for NASA’s Pegasus lunar rover.

➤ Rover selected under NASA’s 𝐋𝐮𝐧𝐚𝐫 𝐓𝐞𝐫𝐫𝐚𝐢𝐧 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 contract.

➤ Pegasus scheduled to support crewed 𝐀𝐫𝐭𝐞𝐦𝐢𝐬 missions in 𝟐𝟎𝟐𝟖.

➤ Vehicle designed for harsh 𝐌𝐨𝐨𝐧 𝐒𝐨𝐮𝐭𝐡 𝐏𝐨𝐥𝐞 conditions.

➤ GM batteries engineered to withstand 𝐞𝐱𝐭𝐫𝐞𝐦𝐞 𝐥𝐮𝐧𝐚𝐫 temperatures.

➤ GM previously contributed systems for NASA’s 𝐀𝐩𝐨𝐥𝐥𝐨 lunar rover.

➤ Pegasus developed alongside 𝐋𝐮𝐧𝐚𝐫 𝐎𝐮𝐭𝐩𝐨𝐬𝐭, Goodyear, and Leidos

$Albemarle(ALB.US) | RBC Capital maintains 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐀𝐥𝐛𝐞𝐦𝐚𝐫𝐥𝐞, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟐𝟓𝟕 𝐟𝐫𝐨𝐦 $𝟐𝟓𝟑

Analyst sees organic growth, cost cuts, and higher lithium prices driving earnings upside, and views the recent stock pullback as a buying opportunity.

$Enersys(ENS.US) Double Beat ✔️

EPS: $3.19 vs $2.99 est

REV: $988.0M vs $973.7M est

🟩 +2.11%

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.

Here's a full recap:

1. $NVIDIA(NVDA.US) Nvidia CEO Jensen Huang joined President Trump’s China trip after receiving a last-minute invitation, increasing attention on the stalled H200 chip sales to China. Reuters reported that Trump called Huang after seeing reports that he had not been invited, and Huang later boarded Air Force One in Alaska. Nvidia hit an all time high today.

2. $Nebius(NBIS.US) Nebius reported Q1 revenue of $399M, ahead of the $388.6M estimate and up 684% year-over-year. Adjusted EBITDA came in at $129.5M, beating expectations of $90.5M, while ARR reached $1.92B, up 674% year-over-year and 54% quarter-over-quarter. For 2026, the company reaffirmed its target for year-end ARR of roughly $7B-$9B and raised its contracted power capacity outlook from more than 3GW to more than 4GW.

3. April PPI came in much hotter than expected, with headline producer prices rising 6% versus estimates of 4.9%. Core PPI also beat expectations, increasing 5.2% compared to the 4.3% forecast. This marks the highest producer inflation reading since March 2022.

4. Consumer credit stress is rising across major debt categories. In the U.S., 13.1% of credit card balances are now 90+ days delinquent, the highest level since 2011. Student loan delinquencies have climbed to 10.3%, the highest since 2020, while auto loan delinquencies reached 5.6%, the highest level on record.

5. Kevin Warsh has been confirmed as the 17th Chair of the Federal Reserve, taking over at a time when inflation is rising again, Americans remain frustrated with the economy, and the Fed’s independence is facing intense political pressure. The Senate confirmed Warsh to a four-year term on Wednesday in a 54-45 vote, with unanimous Republican support and only one Democratic vote in favor, from Pennsylvania Senator John Fetterman.

6. Bank of America raised its AI data center systems forecast to $1.7T by 2030, up from its prior estimate of $1.4T, implying a 45% compound annual growth rate. The firm now expects AI accelerators to represent roughly $1.2T of that market, with AI networking reaching $316B as custom chips like Google’s TPUs and Amazon’s Trainium continue to scale.

7. $Ford Motor(F.US) Ford shares moved higher after Morgan Stanley said the company may announce energy storage supply agreements with large commercial customers, potentially including hyperscalers, within the next few months. Morgan Stanley estimates Ford Energy could be worth around $10B.

8. $Robinhood(HOOD.US) Robinhood released its April 2026 monthly metrics, showing continued growth across the platform. Funded customers rose to 27.6M, up 1.65M year-over-year, total platform assets increased 49% to $345B, and April net deposits reached $6.0B, implying a 29% annual growth rate. Trading activity also remained strong, with equity trading volume up 57% year-over-year to $249B, while the margin book more than doubled from $8.4B a year ago to $18.0B, showing customers are borrowing more to invest. Crypto was the weaker area, with volumes down 33% from March and Bitstamp volumes falling 46% month-over-month.

9. U.S. data center construction spending rose 34% year-over-year in March to a record annualized pace of $50B. Spending has now increased 437% since the start of 2021, when the annualized run rate was about $9B, and 688% since 2018, when it was roughly $6B. At the same time, office construction continues to weaken, falling 9% year-over-year to $46B, its lowest level since 2015.

10. $Cisco(CSCO.US) Cisco reported Q3 revenue of $15.8B, above estimates of $15.54B and up 12% year-over-year. Adjusted EPS came in at $1.06 versus estimates of $1.04, up 10% year-over-year. Product orders rose 35%, networking product orders were up more than 50%, data center switching orders increased more than 40%, and campus networking orders rose more than 25%. Cisco also raised its FY26 AI infrastructure order outlook to $9B from $5B and lifted expected AI infrastructure revenue to $4B from $3B.

11. U.S. leveraged ETF assets have climbed to a record $177B, up $45B since the March market bottom. Tech remains the dominant category, representing about 69% of total leveraged ETF AUM. Within that, technology-focused funds hold $65B, semiconductor funds hold $32B, and Magnificent 7 funds hold $25B, while S&P 500-linked leveraged ETFs account for another $24B.

12. Anduril raised $5B at a $60B valuation in the private markets. Anthropic raised $30B at a $900B valuation. The street now awaits Cerebras going public tomorrow, with estimates assuming a $40-$50B valuation and SpaceX this summer at $2T.

WALL STREET IS THE GREATEST SHOW ON EARTH.

Source: amit