Five interesting things that Hodges Capital research analysts discovered this week...
#1 MEGA-WATT MONSTERS: Mark Zuckerberg recently announced Meta’s intention to build several multi-gigawatt (GW) clusters over the coming years. The first is expected to come online in 2026 and will be capable of scaling up to 5 GW over time. The physical footprint of these new power production facilities should not be underestimated—Meta’s Hyperion data center alone is expected to span 2,250 acres. For context, that’s nearly one-fifth the size of Manhattan.
#2 SHORT AT YOUR OWN RISK: A retail investor phenomenon reminiscent of the GameStop craze of 2020–21 has emerged again in markets this week. This time, the focus was initially on Kohl’s, a struggling consumer retailer with approximately 50% short interest in its outstanding shares. The strategy echoes that of the GameStop playbook: attempting to trigger a short squeeze by forcing short sellers to close their positions, thereby driving the stock price higher. However, some of the names caught up in the movement, such as GoPro, don’t quite fit the same mold—GoPro maintains a much lower short interest of about 10%.
#3 NASDAQ COMEBACK: As of Monday, the NASDAQ 100 has gone 60 consecutive trading days without closing below its 20-day moving average. This marks the second-longest such streak for the index since its inception in 1985. The longest occurred in 1999, according to Bloomberg.
#4 CHARGE FOR EVs: Chinese electronics giant Xiaomi has entered the EV market with a splash, claiming to have sold more than 200,000 units of its new YU7 model within just three minutes of launch. While BYD remains the dominant force among Chinese EV manufacturers, the competitive pressure from new entrants shows no signs of easing (The Economist).
#5 DIGITAL HOLD-UP: A wave of cybersecurity attacks targeting Microsoft’s SharePoint application has compromised approximately 400 institutions, primarily U.S. government agencies such as the National Nuclear Security Administration. Cyber intelligence experts believe the attacks may have originated from hacker-for-hire groups backed by adversarial nations, with follow-up attacks exploiting the same vulnerability (Bloomberg).
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