Fluence Energy (FLNC) and American Express (AXP) are both down significantly from their recent highs, but the underlying businesses seem stable. FLNC dropped 51% from its February peak. The drop was triggered by Q1 margin misses and impatience over pending data center deals. Two international projects had scope changes that added $20 million in costs. However, their backlog is at a record $5.5 billion, which fully covers their FY2026 revenue guidance. They are also currently negotiating 36 GWh of projects with tech companies for AI data center storage. With short interest sitting at 20%, any signed contracts could move the stock. AXP is caught up in a broader financial sector slump, with the sector down around 11% this year due to inflation and rising oil prices. Despite the tough macro environment, AXP's credit metrics are holding up. Their recent net write-off rate was 2.1%, which is well below the 4.1% average for commercial banks. Management expects 9% to 10% revenue growth for FY2026 and they recently raised their dividend by 16%.