Thursday, September 03, 2026
Written before the market opens. Every price and move in this brief is as of the close on Wednesday, Sep 2; company pages show live prices. The Buildout is a website built on agentic AI tools, currently in beta, and could have factual errors.
Equities firmed — SPY gained 1.05% to $773.17 and QQQ added 1.19% to $717.67. Our 523-stock AI infrastructure universe rose 0.97% on average, underperforming SPY by 8 basis points, with 352 advancing, 164 declining, and 7 flat. Operators led the tape at +5.62%, while Natural Resources lagged at -0.57%. The day’s standout gainer was BTBT (Bit Digital, Inc.) at +17.3%, and the biggest decliner was MEI (Methode Electronics, Inc.) at -15.4%.
NTAP (NetApp, Inc.) reported EPS of $2.58 versus a $2.12 estimate, beating by $0.46.
AGX (Argan, Inc.) reported EPS of $3.76 versus a $2.64 estimate, beating by $1.12.
MEI (Methode Electronics, Inc.) reported EPS of -$0.32 versus a -$0.27 estimate, missing by $0.05. The stock also carried the largest single-session decline in our universe, down 15.4%.
CRML (Critical Metals Corp.) reported EPS of -$0.07, in line with the estimate.
FCEL (FuelCell Energy, Inc.) reported EPS of -$0.64 versus a -$0.4126 estimate, missing by $0.23.
AVGO (Broadcom Inc.) reported EPS of $3.32 versus a $3.22 estimate, beating by $0.10.
MTRX (Matrix Service Company) reported EPS of $0.04 versus a $0.165 estimate, missing by $0.12.
HPE (Hewlett Packard Enterprise Company) reported EPS of $1.11 versus a $0.932 estimate, beating by $0.18.
BTDR (Bitdeer Technologies Group) said September 1 it acquired 200 acres near its Rockdale facility in Milam County, Texas, to support AI/HPC infrastructure development. The purchase expands one of the more visible operator-owned sites in Texas and signals further conversion of mining-adjacent land into high-performance compute capacity.
CBRS (Cerebras Systems Inc.) announced September 1 a 165 MW AI data centre project in Mikkeli, Finland, with Compute Nordic Finland. The disclosure adds another sizable European AI compute deployment to the supply chain map and places Cerebras systems at the center of the project.
AAOI (Applied Optoelectronics, Inc.) filed an 8-K on September 1 disclosing a material agreement and new debt obligation. The filing indicates a balance-sheet event that may be tied to capacity, working capital, or customer commitments in its data center optics business.
CIEN (Ciena Corporation) reports today. Investors will parse optical networking, routing, and AI-related order commentary after the stock fell 10.4% yesterday.
BBCP (Concrete Pumping Holdings, Inc.) reports today. Concrete pumping volumes are a narrow but useful signal for data center foundation and site work activity.
TTC (The Toro Company) reports today. Its construction and site-prep commentary is relevant to campus development timelines and data center groundwork.
ABM (ABM Industries Inc.) reports September 8. ABM is an inferred supplier to AMZN (Amazon.com, Inc.), so its facilities and technical services commentary may provide a read on data center operational demand.
ORCL (Oracle Corporation) reports September 8. ORCL is a documented customer of AAOI (Applied Optoelectronics, Inc.), so its results may offer a signal on cloud data center investment and optics demand.
Imports (Jul) leads the macro calendar this week.