Dear Friend,

A drilling crew near the Grand Canyon just confirmed what the International Energy Agency calls one of the largest energy resources ever measured.

Enough to meet global electricity demand 140 times over.

Not 140 percent. One hundred and forty times.

Everyone knew the energy was there. Reaching it was the problem - miles of solid rock.

That changed last year.

A crew drilled nearly three miles down in 16 days.

The Department of Energy said it would take 64.

They weren't after oil.

They were after the heat.

Google already signed a 15-year deal. Bill Gates wrote a $100 million check. And on July 4th, Washington hands this resource an edge no other energy source has.

One company sits at the center.

See the company behind the Grand Canyon discovery >>

“The Buck Stops Here,”
Kelly Maguire
Behind the Markets

3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost

Written by Chris Markoch. Article Published: 6/21/2026.

With the SpaceX (NASDAQ: SPCX) IPO launched and oil prices easing, investors may think it’s finally safe to step away for the summer. But another event is approaching that could put some small-cap stocks on a summer watch list.

That’s because on June 26, the Russell 2000 will complete the first of its two annual rebalancings. That means some companies will be added, while others are removed. More than $11 trillion in assets are benchmarked to Russell indexes, so companies that are added can expect significant capital inflows from index funds and ETFs.

The buying pressure doesn't happen all at once. Index funds and ETFs tracking the Russell 2000 typically rebalance at the close of trading on Friday, June 26, which can create elevated demand for newly added names in the days leading up to and including that date.

The companies will begin trading on the Russell indexes on Monday, June 29. This year, three intriguing names are poised to enter the index.

Sidus Space Gains Visibility Ahead of Russell 2000 Addition

For investors who haven’t gotten enough of space stocks, Sidus Space (NASDAQ: SIDU) is one name to consider. The company, which has a market cap of around $225 million, is an end-to-end space-as-a-service company.

Sidus operates a 35,000-square-foot manufacturing, assembly, integration, and testing facility on Florida's Space Coast, giving it direct access to nearby launch facilities.

In the company’s Q1 2026 earnings report, Sidus reported a year-over-year (YOY) revenue gain of 51% due to new customer contracts.

The company isn’t profitable, which isn’t unusual for a company at this stage of growth. However, Sidus narrowed its net loss by around 19% YOY in the first quarter. With no debt and expanding opportunities in commercial and defense applications, the company is eyeing a path to profitability.

CEO and founder Carol Craig described the expected inclusion as reflecting the company's progress in "executing our growth strategy, strengthening our balance sheet, advancing our space and defense technology portfolio, and expanding our market presence."

SIDU doesn’t have much analyst coverage, and institutional ownership is light. However, institutions bought around $12 million in the company’s stock in Q4 2025. Institutional buying is likely to increase after the company is included in the Russell 2000. Short interest in SIDU is around 11%; however, with just 0.2 days needed to cover positions, the stock isn’t a short squeeze candidate.

Everspin Technologies Offers Profitable Exposure to MRAM Growth

Everspin Technologies (NASDAQ: MRAM) is a small-cap play in the red-hot memory sector. The company is the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions. MRAM is used in mission-critical applications such as data centers, aerospace, and automotive.

Everspin became a profitable company in the second half of 2025 and is forecasting continued revenue growth to complement a balance sheet with about $40.5 million in cash and no debt.

In Q1 2026, the company posted revenue of $14.9 million, up 14% YOY, driven by a 28% surge in MRAM product sales to $14.1 million. Gross margin improved to 52.7%, and the company guided Q2 revenue of $15.5 million to $16.5 million, suggesting the growth trajectory remains intact.

Everspin CEO Sanjeev Aggarwal said the inclusion reflects progress in MRAM adoption across key markets and should broaden Everspin’s visibility in the investment community. However, institutional ownership is already around 44%, which is comparable to Palantir Technologies (NASDAQ: PLTR). Buying has outpaced selling by about 2.5:1 over the last 12 months.

Like SIDU, betting on a short squeeze isn’t the right play. MRAM carries about 11% short interest, but it requires only about 0.5 days to cover the positions.

RideNow Group Rides Strong Momentum Into Russell Inclusion

The last name on this list is RideNow Group (NASDAQ: RDNW), a company in the retail space. The firm is the leading U.S. retailer of powersports vehicles, offering both new and pre-owned inventory to enthusiasts and recreational riders.

Despite a tight market, the company reported same-store growth in Q4 2025 even as full-year revenue and new unit sales declined. That momentum carried into Q1 2026, when powersports revenue rose 6.4% to $260.4 million, same-store sales jumped 13.1% on the strength of a 16.3% increase in unit sales, and the net loss narrowed 55.7% to $4.3 million.

RideNow's CEO described the Russell 2000 inclusion as “an important milestone” for the company, validating its hard work and reinforcing its strategy.

A healthy 66% of RDNW stock is owned by institutions, with a surge in institutional buying in Q4 2025. That’s a key reason RDNW is up about 40% in 2026. However, the stock is now above the consensus analyst price target of $7.50. Investors considering a position may want to wait for a pullback before getting involved.