Planar AdS black holes with axionic charge have finite DC conductivity due to momentum relaxation. We obtain a new family of exact asymptotically AdS 4 black branes with scalar hair, carrying magnetic and axion charge, and we study the thermodynamics and dynamic stability of these, as well as of a number of previously known electric and dyonic solutions with axion charge and scalar hair. The scalar hair for all solutions satisfy mixed boundary conditions, which lead to modified holographic Ward identities, conserved charges and free energy, relative to those following from the more standard Dirichlet boundary conditions. We show that properly accounting for the scalar boundary conditions leads to well defined first law and other thermodynamic relations. Finally, we compute the holographic quantum effective potential for the dual scalar operator and show that dynamical stability of the hairy black branes is equivalent to positivity of the energy density.

We present a systematic construction of bulk solutions that are dual to CFT excited states. The bulk solution is constructed perturbatively in bulk fields. The linearised solution is universal and depends only on the conformal dimension of the primary operator that is associated with the state via the operator-state correspondence, while higher order terms depend on detailed properties of the operator, such as its OPE with itself and generally involve many bulk fields. We illustrate the discussion with the holographic construction of the universal part of the solution for states of two dimensional CFTs, either on R × S 1 or on R 1,1 . We compute the 1-point function both in the CFT and in the bulk, finding exact agreement. We comment on the relation with other reconstruction approaches.