Thursday, September 10, 2026

Markets eased during the prior session — SPY closed at $762.40, down 0.46%, and QQQ at $716.31, down 0.29%. The 523 AI infrastructure stocks we track underperformed, with 111 advancing, 406 declining, and 6 flat for an average move of -1.24%, trailing SPY by 78 basis points. Silicon design led at +0.17%; the two-stock Other bucket lagged at -4.98%, while power generation declined 3.06%. NET (Cloudflare, Inc.) was the standout gainer at +10.5%, while CHRN (ChronoScale Corporation) was the largest decliner at -13.7%. ORCL (Oracle Corporation) reports today, with the EPS estimate at $1.74.

CNM (Core & Main, Inc.) reported EPS of $0.94, ahead of the $0.91 estimate by $0.03. The result was a modest beat for the waterworks and infrastructure products distributor.

OCC (Optical Cable Corporation) reported EPS of $0.21, beating the $0.20 estimate by $0.01. The fiber cabling specialist's result was narrow but positive.

PPIH (Perma-Pipe International Holdings, Inc.) reported EPS of $0.31, missing the $0.55 estimate by $0.24. The specialty piping supplier fell well short of consensus.

NVDA (NVIDIA Corporation) and its ecosystem put out a cluster of Blackwell-related announcements. One AI compute provider completed an NVIDIA Blackwell B300 deployment, activating an $18 million take-or-pay agreement; a managed cloud provider joined the NVIDIA Cloud Partner Program and announced Blackwell-powered infrastructure for regulated enterprises and government customers; and NVIDIA expanded sovereign intelligence work for critical supply chains. The common thread is B300 as the current deployment baseline across commercial and sovereign AI segments.

CRWV (CoreWeave, Inc. Class A Common Stock) launched a Physical AI Field Engineering service line to help customers convert proprietary data into production AI. The offering moves CoreWeave beyond raw GPU cloud capacity toward data-engineering and AI workflow services for physical-world datasets. It extends the operator further up the AI value chain from infrastructure to operational AI workloads.

TTMI (TTM Technologies, Inc.) announced a proposed $500 million offering of senior notes due 2034. The offering is a balance-sheet event for a U.S.-based PCB and electronics manufacturing supplier in the advanced electronics supply chain, and it adds to recent capital-raising activity across AI infrastructure-linked hardware names.

HASI (HA Sustainable Infrastructure Capital, Inc.) expanded a partnership to support a 2.7 GW portfolio of solar, solar-plus-storage, and wind projects across the U.S. The expansion increases HASI’s capital tied to utility-scale renewable generation, a segment that sits upstream of electricity supply for large data-center and industrial loads.

ORCL (Oracle Corporation) reports today. The EPS estimate is $1.74. Oracle is a direct read on AI-dedicated cloud and database infrastructure buildout; watch OCI revenue growth, data center capacity commentary, and any updated capex or GPU-cloud contract metrics. The call will frame Oracle's role as a large buyer of compute, power, and data center construction inputs.

CHRN (ChronoScale Corporation) reports on September 14. After last session's 13.7% decline, watch for any operational update or guidance that explains the pressure in the Operators group.

RFIL (RF Industries, Ltd.) reports on September 14. Watch for its quarterly results and guidance.