Two AI infrastructure names moving hard after hours and the reasons matter more than the percentages. 📈📉

APLD is up 7%+ on a hyperscaler lease deal. This is the AI data centre trade working exactly as described: capacity operators are getting bid up because the big cloud players cannot build fast enough. If you've been watching APLD, the thesis just got validated. Don't chase the AH print — wait for the open.

RKLB is down 8%+ on a USD 3 billion equity raise. That sounds bad on the surface. Read it differently: they're raising capital ahead of SpaceX's IPO to build out launch capacity. The dilution is real but the proceeds are going to work. A credible launch competitor to SpaceX at the moment SPCX goes public has genuine strategic value.

I think RKLB's drop is an overreaction. The raise is dilutive short-term. The positioning play is real. If you've been waiting for a RKLB entry point, this is worth a closer look. 🚀