Solaris Energy Infrastructure Inc (SEI) News & EventsSEINews & EventsSolaris Energy Infrastructure Inc

Solaris Energy Invests in Deployable Energy to Collaborate on Microreactor Technology

Solaris Energy has made an equity investment in Deployable Energy and intends to collaborate with Deployable Energy on the commercialization of its deployable microreactor technology. The relationship combines Deployable Energy's mission to deliver transportable, resilient nuclear power with Solaris' experience deploying, operating, and maintaining distributed energy infrastructure for mission-critical applications. The companies see opportunities to explore how advanced nuclear energy technologies can complement existing power solutions.

Solaris Reports Q2 Revenue of $219M, Beating Expectations

Reports Q2 revenue $219M, consensus $207.12M. "We are executing, expanding our contracted scope and continuing to build Solaris into a proven power and infrastructure business well positioned to serve our customers," said Bill Zartler, Chairman and Co-Chief Executive Officer. "Our accomplishments and activities this quarter, from expanding the scope of our turnkey power plants and bringing GESA's service and aftermarket capabilities in-house, to taking an early equity position in a small modular reactor technology company, reflect our strategy to grow our offerings and capabilities to deliver valuable solutions to our customers."

Nasdaq Composite Rises 1.3% as Tech Stocks Rebound

A broad-based rebound in the Tech space continued for the second consecutive session, helping Nasdaq Composite once again outperform the other indices on Thursday with a 1.3% gain.  The Tech sector also paced the 0.8% rally in the S&P 500, with the cyclical Consumer Discretionary and Basic Materials also performing strongly.  Consumer Staples and Energy were the two worst-performing sectors in the S&P 500 even though the geopolitical climate and the standoff in the Middle East remain very fluid.  Treasury yields came in by 3-4 basis points across the maturities, offering some relief especially on the longer end of the curve.In the opening hour of the evening session, S&P E-minis and NASDAQ 100 contracts are trading flat.  In commodities, WTI crude oil is back below $72 per barrel while precious metals are a little changed.Delta Airlines, the next S&P 500 component to report results after Pepsi'sdisappointing numbers this morning, is on deck for Friday morning. The stock has rallied by about 30% since reporting its Q1 results in April, though shares have pulled back notably in July as Middle East tension reignited on energy supply fears while driving cost concerns for travel stocks.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -WD-40 Companyup 14.8%ALSO HIGHER -EquipmentShare.comup 7.8% after raising FY26 revenue viewSolaris Energy Infrastructureup 4.3% after admission into S&P smallcap 600 indexSigma Lithiumup 4.1% after Q2 delivery volume dataLOWER -Fermidown 16.0% after convertible debt offeringBrookdale Senior Livingdown 7.1% after June occupancy data