GE
GE Aerospace
stock NYSE

MAJOR NEWS:
* JAPAN MULLS ACCEPT US TARIFF REDUCTION, NOT EXEMPTION
* Retail traders bought a net $4.1B in US stocks by 12:30pm Monday — the biggest half-day buying spree ever, per JPMorgan.
* JAPAN’S 30-YEAR YIELD RISES TO HIGHEST ON RECORD
* India is working on a 3-phase trade deal with the US , aiming for an interim agreement before July—when President Trump’s tariffs are set to take effect.
* TRUMP: US IS NOT STEPPING BACK FROM RUSSIA-UKRAINE TALKS. Today, RUSSIA FOREIGN MINISTRY: RUSSIA IS READY TO CONTINUE TALKS WITH UKRAINE
MAG7:
* TSLA - Morgan Stanley maintains overweight rating, says that TESLA IS MOVING AWAY FROM 'CAR' & GOING ALL-IN ON AUTONOMY', 'AS CHINA MAY HAVE ALREADY WON THE EV BATTLE'. This because Xiaomi is making amazing cars looking like Porsches and Aston Martins but is pricing them like a VW
* NVDA - Citi reiterates buy on NVDA, with PT of 150, saying Huang’s Computex keynote reinforced NVDA’s push to expand Gen AI infrastructure. Citi points to key updates like NVLink Fusion, Isaac GR00T N1.5 for humanoid AI, and RTX PRO 6000 Blackwell servers as signs NVIDIA is widening its TAM
* GOOGL - California regulators just cleared Waymo to expand its autonomous ride-hailing service deeper into the Bay Area, including San Jose.
* TSLA - 2pm interview between Elon & David Faber CNBC
* AMZN - Apple's competitors in the large-sized foldable device market may not be limited to Huawei. Ming Chi Kuo says that his research indicates that Amazon is also internally developing a similar product, which has not yet officially kicked off.
EARNINGS:
NBIS:
Headlines:
* Revenue of $55.3M vs. $57.7M est.
* Adj. EBITDA of $(62.6M) vs. $(94.4M) est.
* EPS of $(0.39) vs. $(0.45) est.
* March ARR of $249M vs. $220M+ guided
GUIDANCE:
* Year-end ARR guidance reaffirmed at $750M-$1B
NBIS - Key commentary:
* "We are continuing to see strong dynamics in Q2, with April ARR of approximately $310M (+24.5% MoM), and have maintained this strong momentum into May."
* "In the medium term, our base case expectations are to achieve billions of dollars in revenue with adjusted EBIT margins in the 20-30% range, assuming a conservative depreciation schedule of four years."
ARR growth:
NBIS delivered 175% ARR growth QoQ in Q1, followed by 25% growth in April alone
AI Studio:
* AI Studio, its Inference-as-a-Service platform, continues to gain solid customer traction with over 60,000 registered users as of quarter end.
* "While still early from a revenue perspective, we believe AI Studio could become a solid, high-margin contributor to our revenue over time."
Update on data center in New Jersey:
* “We expect our global data center footprint to reach approximately 100 MW of contracted capacity by the end of the year, and we plan to significantly grow our capacity in 2026.” Just 7 months ago, the company’s guidance for year-end 2025 capacity was 60–100 MW.
* “We’re exploring new locations for capacity build-out and hope to share more news on this very soon.”
OTHER COMPANIES:
* QBTS - D-Wave Quantum announces availability of Advantage2 quantum computing system
* PLTR - partners with DivergentTechnologies to integrate advanced manufacturing into its Warp Speed and Foundry platforms. The move gives defense and commercial clients access to Divergent’s AI-driven DAPS system
* AMD - Wells Fargo overweight on AMD, 120 PT, after Sanmina agrees to buy ZT Systems' manufacturing ops for \~$3B—below their $3.5B+ expectation. AMD keeps the engineering side, gaining a strategic NPI partner for rack-scale AI.
* AMD - Citi sticking with neutral rating, after company sold ZT Systems' manufacturing arm to Sanmina for $3B
* UNH - Wolfe lowers PT to 390 from 501, maintains buy. Says they see a path to recovery. We are confident UnitedHealth Group can recover margins in its $190 billion Medicare Advantage segment, which would add $4.94 to EPS versus our 2025 estimate of $21.75.
* DELL - Evercore ISI reiterates outperform on DELL, $120 PT after Day 1 of Dell World. They say Dell is set to benefit as 85% of enterprises plan to shift Gen AI workloads on-prem over the next 2 years.
* GEV - JPM reiterates overweight, PT of 460. GE Vernova’s Electrification segment, which we believe is likely the most underappreciated area of the GEV story.
* UBER - JPM raises Uber PT to 105 from 92. Reiterates overweight. Management’s tone was upbeat, with Uber emphasizing that it is on track or ahead of its three-year targets through 2026, which include mid-to-high teens gross bookings growth, mid-30% to 40% EBITDA growth, and 90% EBITDA-to-free cash flow conversion. Uber continues to drive strong, profitable growth in its core business while investing in long-term growth opportunities.
* ASAN - MS downgrades to underweight from equal weight, sets PT at 14.
* TSM - Cathie Wood's Ark and ARKW just made their biggest TSMC buy since last June, picking up nearly 198K shares combined. That’s equivalent to 87% of Ark's holding of TSMC shares as of the end of March.
* PFE - STRIKES $6B+ CANCER DRUG DEAL WITH CHINA'S 3SBIO
* MDB - Loop Capital downgraded MongoDB to Hold from Buy with a price target of $190, down from $350.
* HIMS - insider selling, shares worth over 10M$
OTHER NEWS:
* Jamie Dimon says that markets are too complacent on tariffs.
* HONDA says IF TRUMP'S TARIFFS WILL BE AROUND FOR LONGER, WE'LL HAVE TO TAKE THE THOUGHT OF PRODUCING MORE U.S.-SOLD CARS IN THE UNITED STATES
* Chian continues to import a lot of gold. Gold imports jumped to 11 month high. China brought in 127.5 tons of gold in April — up 73% from March — as investors rushed to hedge rising geopolitical risks
* PBOC governor says that China will promote international use of the Yuan
* SOUTH AFRICA TO OFFER MUSK STARLINK DEAL BEFORE TRUMP MEETING
* REPORTS OF LARGE INTERNET AND MOBILE NETWORK OUTAGE IN SPAIN
* China’s iPhones & mobile phone exports to the US dropped 72% in April to just $688M — the lowest since 2011.

> If this is a real rally why are all the stocks that track economic demand flailing?
You mean like CAT, MMM, GE, and DE?

The market today is quite different from what it was 20 years ago, in several key ways:
The leading stocks are now tech giants like the M7, and investors expect them to have higher P/E ratios compared to traditional companies like Exxon or GE.
There's an expectation for strong earnings growth — around 10–15% year-over-year for the S&P 500 and 15–20% for the Nasdaq 100. This kind of growth has actually materialized over the past 5–10 years.
Companies are spending significantly more on stock buybacks, which boosts EPS and helps support market valuations.
Of course, anything can happen in the market, but I wouldn't base decisions on data from 20 years ago. I'd focus on what's happened over the last 5 years instead.

There are plenty of companies that benefit from tariffs. U.S. car manufacturers, GE Aviation (I missed buying their dip and hate myself), WHR, DE, TXN, plenty of others I'm sure.
The big spending bill will be huge though and directly more impactful to profit.

MAJOR NEWS:
* JAPAN MULLS ACCEPT US TARIFF REDUCTION, NOT EXEMPTION
* Retail traders bought a net $4.1B in US stocks by 12:30pm Monday — the biggest half-day buying spree ever, per JPMorgan.
* JAPAN’S 30-YEAR YIELD RISES TO HIGHEST ON RECORD
* India is working on a 3-phase trade deal with the US , aiming for an interim agreement before July—when President Trump’s tariffs are set to take effect.
* TRUMP: US IS NOT STEPPING BACK FROM RUSSIA-UKRAINE TALKS. Today, RUSSIA FOREIGN MINISTRY: RUSSIA IS READY TO CONTINUE TALKS WITH UKRAINE
MAG7:
* TSLA - Morgan Stanley maintains overweight rating, says that TESLA IS MOVING AWAY FROM 'CAR' & GOING ALL-IN ON AUTONOMY', 'AS CHINA MAY HAVE ALREADY WON THE EV BATTLE'. This because Xiaomi is making amazing cars looking like Porsches and Aston Martins but is pricing them like a VW
* NVDA - Citi reiterates buy on NVDA, with PT of 150, saying Huang’s Computex keynote reinforced NVDA’s push to expand Gen AI infrastructure. Citi points to key updates like NVLink Fusion, Isaac GR00T N1.5 for humanoid AI, and RTX PRO 6000 Blackwell servers as signs NVIDIA is widening its TAM
* GOOGL - California regulators just cleared Waymo to expand its autonomous ride-hailing service deeper into the Bay Area, including San Jose.
* TSLA - 2pm interview between Elon & David Faber CNBC
* AMZN - Apple's competitors in the large-sized foldable device market may not be limited to Huawei. Ming Chi Kuo says that his research indicates that Amazon is also internally developing a similar product, which has not yet officially kicked off.
EARNINGS:
NBIS:
Headlines:
* Revenue of $55.3M vs. $57.7M est.
* Adj. EBITDA of $(62.6M) vs. $(94.4M) est.
* EPS of $(0.39) vs. $(0.45) est.
* March ARR of $249M vs. $220M+ guided
GUIDANCE:
* Year-end ARR guidance reaffirmed at $750M-$1B
NBIS - Key commentary:
* "We are continuing to see strong dynamics in Q2, with April ARR of approximately $310M (+24.5% MoM), and have maintained this strong momentum into May."
* "In the medium term, our base case expectations are to achieve billions of dollars in revenue with adjusted EBIT margins in the 20-30% range, assuming a conservative depreciation schedule of four years."
ARR growth:
NBIS delivered 175% ARR growth QoQ in Q1, followed by 25% growth in April alone
AI Studio:
* AI Studio, its Inference-as-a-Service platform, continues to gain solid customer traction with over 60,000 registered users as of quarter end.
* "While still early from a revenue perspective, we believe AI Studio could become a solid, high-margin contributor to our revenue over time."
Update on data center in New Jersey:
* “We expect our global data center footprint to reach approximately 100 MW of contracted capacity by the end of the year, and we plan to significantly grow our capacity in 2026.” Just 7 months ago, the company’s guidance for year-end 2025 capacity was 60–100 MW.
* “We’re exploring new locations for capacity build-out and hope to share more news on this very soon.”
OTHER COMPANIES:
* QBTS - D-Wave Quantum announces availability of Advantage2 quantum computing system
* PLTR - partners with DivergentTechnologies to integrate advanced manufacturing into its Warp Speed and Foundry platforms. The move gives defense and commercial clients access to Divergent’s AI-driven DAPS system
* AMD - Wells Fargo overweight on AMD, 120 PT, after Sanmina agrees to buy ZT Systems' manufacturing ops for \~$3B—below their $3.5B+ expectation. AMD keeps the engineering side, gaining a strategic NPI partner for rack-scale AI.
* AMD - Citi sticking with neutral rating, after company sold ZT Systems' manufacturing arm to Sanmina for $3B
* UNH - Wolfe lowers PT to 390 from 501, maintains buy. Says they see a path to recovery. We are confident UnitedHealth Group can recover margins in its $190 billion Medicare Advantage segment, which would add $4.94 to EPS versus our 2025 estimate of $21.75.
* DELL - Evercore ISI reiterates outperform on DELL, $120 PT after Day 1 of Dell World. They say Dell is set to benefit as 85% of enterprises plan to shift Gen AI workloads on-prem over the next 2 years.
* GEV - JPM reiterates overweight, PT of 460. GE Vernova’s Electrification segment, which we believe is likely the most underappreciated area of the GEV story.
* UBER - JPM raises Uber PT to 105 from 92. Reiterates overweight. Management’s tone was upbeat, with Uber emphasizing that it is on track or ahead of its three-year targets through 2026, which include mid-to-high teens gross bookings growth, mid-30% to 40% EBITDA growth, and 90% EBITDA-to-free cash flow conversion. Uber continues to drive strong, profitable growth in its core business while investing in long-term growth opportunities.
* ASAN - MS downgrades to underweight from equal weight, sets PT at 14.
* TSM - Cathie Wood's Ark and ARKW just made their biggest TSMC buy since last June, picking up nearly 198K shares combined. That’s equivalent to 87% of Ark's holding of TSMC shares as of the end of March.
* PFE - STRIKES $6B+ CANCER DRUG DEAL WITH CHINA'S 3SBIO
* MDB - Loop Capital downgraded MongoDB to Hold from Buy with a price target of $190, down from $350.
* HIMS - insider selling, shares worth over 10M$
OTHER NEWS:
* Jamie Dimon says that markets are too complacent on tariffs.
* HONDA says IF TRUMP'S TARIFFS WILL BE AROUND FOR LONGER, WE'LL HAVE TO TAKE THE THOUGHT OF PRODUCING MORE U.S.-SOLD CARS IN THE UNITED STATES
* Chian continues to import a lot of gold. Gold imports jumped to 11 month high. China brought in 127.5 tons of gold in April — up 73% from March — as investors rushed to hedge rising geopolitical risks
* PBOC governor says that China will promote international use of the Yuan
* SOUTH AFRICA TO OFFER MUSK STARLINK DEAL BEFORE TRUMP MEETING
* REPORTS OF LARGE INTERNET AND MOBILE NETWORK OUTAGE IN SPAIN
* China’s iPhones & mobile phone exports to the US dropped 72% in April to just $688M — the lowest since 2011.

> If this is a real rally why are all the stocks that track economic demand flailing?
You mean like CAT, MMM, GE, and DE?

The market today is quite different from what it was 20 years ago, in several key ways:
The leading stocks are now tech giants like the M7, and investors expect them to have higher P/E ratios compared to traditional companies like Exxon or GE.
There's an expectation for strong earnings growth — around 10–15% year-over-year for the S&P 500 and 15–20% for the Nasdaq 100. This kind of growth has actually materialized over the past 5–10 years.
Companies are spending significantly more on stock buybacks, which boosts EPS and helps support market valuations.
Of course, anything can happen in the market, but I wouldn't base decisions on data from 20 years ago. I'd focus on what's happened over the last 5 years instead.

There are plenty of companies that benefit from tariffs. U.S. car manufacturers, GE Aviation (I missed buying their dip and hate myself), WHR, DE, TXN, plenty of others I'm sure.
The big spending bill will be huge though and directly more impactful to profit.

Not really if you have good entries and hold long
I have these gains on $GE $SPOT $PLTR $NVDA $CVNA $MSTR … took some profits from all and exited Carvana completely.

## Cheap Calls
These call options offer the lowest ratio of Call Pricing (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly less than it has moved up in the past. Buy these calls.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ANET/97/95 | -1.69% | 214.82 | $1.78 | $1.32 | 0.27 | 0.28 | 73 | 1 | 90.1 |
| ADM/51/50 | 1.24% | -53.31 | $0.68 | $0.22 | 1.33 | 0.67 | 64 | 1 | 55.6 |
| MSTR/410/400 | -1.68% | 133.18 | $11.27 | $10.65 | 0.73 | 0.71 | 73 | 1 | 97.0 |
| TPR/84/82 | -1.38% | 99.56 | $1.35 | $0.68 | 0.71 | 0.71 | 87 | 1 | 70.4 |
| CSCO/64/63 | -0.25% | 117.94 | $0.46 | $0.31 | 0.77 | 0.73 | 86 | 1 | 88.2 |
| VZ/44.5/43.5 | 0.27% | -2.04 | $0.24 | $0.22 | 0.83 | 0.73 | 63 | 1 | 86.8 |
| GE/235/230 | -0.78% | 140.54 | $2.68 | $1.42 | 0.77 | 0.75 | 64 | 1 | 76.8 |
## Cheap Puts
These put options offer the lowest ratio of Put Pricing (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly less than it has moved down in the past. Buy these puts.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ANET/97/95 | -1.69% | 214.82 | $1.78 | $1.32 | 0.27 | 0.28 | 73 | 1 | 90.1 |
| CVNA/305/297.5 | -1.19% | 224.17 | $6.02 | $6.32 | 0.61 | 0.83 | 74 | 1 | 87.1 |
| ASML/745/735 | -1.12% | 90.4 | $8.55 | $11.15 | 0.67 | 0.94 | 60 | 1 | 91.9 |
| TPR/84/82 | -1.38% | 99.56 | $1.35 | $0.68 | 0.71 | 0.71 | 87 | 1 | 70.4 |
| FUTU/109/106 | -2.0% | 144.51 | $2.51 | $1.92 | 0.72 | 0.76 | 10 | 1 | 80.7 |
| NOW/1040/1025 | -1.1% | 106.07 | $11.25 | $11.85 | 0.72 | 0.86 | 65 | 1 | 77.5 |
| BA/207.5/202.5 | -1.26% | 143.49 | $2.32 | $1.7 | 0.73 | 0.77 | 72 | 1 | 91.0 |
## Upcoming Earnings
These stocks have earnings comning up and their premiums are usuallly elevated as a result. These are high risk high reward option plays where you can buy (long options) or sell (short options) the expected move.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| PANW/197.5/190 | -1.1% | 100.28 | $6.92 | $5.15 | 0.96 | 1.0 | 1 | 1 | 96.3 |
| TJX/135/133 | -0.11% | 35.67 | $2.78 | $2.17 | 2.83 | 2.72 | 2 | 1 | 86.0 |
| URBN/64/62 | -1.7% | 144.62 | $3.3 | $2.55 | 2.44 | 2.35 | 2 | 1 | 60.2 |
| MDT/87/85 | -0.73% | 6.04 | $1.46 | $1.28 | 2.23 | 2.11 | 2 | 1 | 92.4 |
| SNOW/187.5/180 | -0.6% | 125.91 | $9.12 | $7.18 | 2.13 | 2.11 | 2 | 1 | 96.9 |
| LOW/232.5/227.5 | -1.64% | 29.98 | $3.62 | $5.08 | 2.05 | 2.05 | 2 | 1 | 80.5 |
| ROST/155/150 | -0.52% | 52.56 | $3.6 | $3.5 | 2.74 | 2.63 | 3 | 1 | 88.7 |
- **Historical Move v Implied Move:** We determine the historical volatility (standard deviation of daily log returns) of the underlying asset and compare that to the current implied volatility (IV) of the option price. We use the same DTE as a look back period. This is used to determine the Call or Put Premium associated with the pricing of options (implied volatility).

- **Directional Bias:** Ranges from negative (bearish) to positive (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
- **Priced Move:** given the current option prices, how much in dollar amounts will the underlying have to move to make the call/put break even. This is how much vol the option is pricing in. The expected move.
- **Expiration:** 2025-05-23.
- **Call/Put Premium:** How much extra you are paying for the implied move relative to the historic move. Low numbers mean options are "cheaper." High numbers mean options are "expensive."
- **Efficiency:** This factor represents the bid/ask spreads and the depth of the order book relative to the price of the option. It represents how much traders will pay in slippage with a round trip trade. Lower numbers are less efficient than higher numbers.
- **E.R.:** Days unitl the next Earnings Release. This feature is still in beta as we work on a more complete list of earnings dates.
- **Why isn't my stock on this list?** It doesn't have "weeklies", the underlying is "too cheap", or the options markets are too illiquid (open interest) to qualify for this strategy. 480 underlyings are used in this report and only the top results end up passing the criteria for each filter.

You must adjust your account or they will all be laggards. As people have stated the leaders in the 80;s and 90's (GE, Kodak, IBM, Gap, Cisco,..) probably would not be your core investments today. The S&P 500 tracks the winners today as they rotate in. Some would say that this is too late for the up and comers. But a simple index is cheap and reliable. If you can come up with an algorithm, any algorithm for where the stock market will be in the future, invest in it and you are a trillion-aire. Time in the market is more important (or more reliable) than timing the market.