Bernstein·2026-11-04SectorOutperform$36 → $20▼Global Digital Assets Emerging AI Infra: Texas turns blue...not the end but DC power pipelines at risk & approved MWs more valuable
Morgan Stanley·2026-11-04ThematicPowered Shell Providers Midterm Implications for the Time to Power StocksSecured powered shells·OverweightUnapproved Texas/Ohio pipelines·Underweight
Bernstein·2026-07-07CompanyOutperform$36TeraWulf Inc (WULF.US) WULF: $19Bn Anthropic deal and JV sale to Fluidstack - our thoughts and model update
Morgan Stanley·2026-06-03SectorBitcoin Mining Data Center Development: Power Play: WULF's Muskie and CIFR's Reisel McLennan Additions Increase Pipeline Value
Bernstein·2026-06-03SectorGlobal Digital Assets: Emerging AI Infra-Initiating coverage (TeraWulf, Cipher Digital): The Power Landlords of AI
Bernstein·2026-09-24SectorOutperform$36Neoclouds A contract sport! CRWV, IREN takeaways from Nscale's S1
Bernstein·2026-09-16SectorOutperform$36Global Digital Assets Emerging AI Infra: ERCOT base load classifications are out- scarcity expected to drive lease pricing higher