$BA - AIR INDIA IN TALKS WITH BOEING TO ACQUIRE 10 PLANES REJECTED BY CHINESE BUYERS AMID TRADE WAR - SOURCES

Trump: Boeing, $BA, should default China for not taking its "beautiful" planes

$BA - BOEING Q1 RESULTS: 🔸 Total Revenue: $19.5B (Est. $19.37B) 🔸 Core Loss/Share: $0.49 🔸 Commercial Airplanes Revenue: $8.15B (Est. $8.17B) 🔸 Operating Loss: $537M (Est. $565.3M) 🔸 Defense, Space & Security Revenue: $6.3B | Earnings: $155M 🔸 Global Services Revenue: $5.06B | Earnings: $943M 🔸 Negative Adj. Free Cash Flow: $2.29B (Est. -$3.42B) 🔸 Operating Cash Flow: -$1.62B (Est. -$2.88B) 🔸 Backlog: $544.74B

$BA - *BOEING TO SELL PARTS OF DIGITAL AVIATION UNIT IN $10.55B DEAL

$BA - AIR INDIA KEEN TO TAKE BOEING PLANES REFUSED BY CHINESE AIRLINES

SECTOR NEWS HIGHLIGHTS TECH/MEDIA/TELECOM: 🔸 Netflix ( $NFLX): Beats Q1 earnings; strong Q2 guidance. 🔸 Nvidia ( $NVDA): Down 3% on Huawei AI chip shipment news. 🔸 Cognizant ( $CTSH)/DocuSign ( $DOCU): Expand partnership. 🔸 Disney ( $DIS): Upgraded to Outperform at Wolfe Research; $112 target. 🔸 Tempus AI ( $TEM): Initiated with Buy at BTIG; $60 target. CONSUMER: 🔸 Amazon ( $AMZN): Downgraded at Raymond James; price target cut to $195 from $275. 🔸 QXO: Extends $124.35/share tender offer for Beacon Roofing (BECN). 🔸 Tesla ( $TSLA): Affordable car launch delayed; low-cost Model Y production to begin in U.S. ENERGY/INDUSTRIALS/MATERIALS: 🔸 Boeing ( $BA): Returning rejected 737 Max jets from China to U.S. 🔸 Cosco Shipping: Warns U.S. tariffs on Chinese ships threaten global trade. 🔸 EU: Eases methane rules to avoid gas-related trade clash with U.S. FINANCIALS: 🔸 Capital One ( $COF): Gets approval to acquire Discover (DFS), becoming top U.S. credit card lender. 🔸 Comerica ( $CMA): Beats Q1 estimates; EPS $1.25 vs est. $1.18. 🔸 Global Payments ( $GPN): Downgraded at Jefferies; target cut to $75. 🔸 Independent Bank ( $INDB): Misses Q1 EPS; raises dividend by 4%. HEALTHCARE: 🔸 Pacira ( $PCRX): Approves $300M stock buyback. 🔸 Regeneron ( $REGN)/Sanofi (SNY): FDA approves Dupixent for chronic hives in patients 12+.

$BA - BOEING SHARES FALL 2% AFTER BLOOMBERG REPORTS CHINA HAS ORDERED HALTS TO BOEING JET DELIVERIES AMID TRADE WAR

BREAKING: China has halted Boeing, $BA, deliveries

PREMKT 🔸 $XPEV: -11.68% 🔸 $MSTR: -9.99% 🔸 $BABA: -7.52% 🔸 $TSLA: -7.15% 🔸 $NIO: -6.79% 🔸 $NVDA: -6.35% 🔸 $AMD: -4.40% 🔸 $APPL: -4.23% 🔸 $INTC: -3.88% 🔸 $META: -3.71% 🔸 $AMZN: -3.12% 🔸 $GOOGL: -2.69% 🔸 $BA: -2.42% 🔸 $NFLX: -2.36% 🔸 $MSFT: -2.07%

PREMKT 🔸 $XPEV: -14.20% 🔸 $BABA: -11.45% 🔸 $MSTR: -10.73% 🔸 $NIO: -9.25% 🔸 $TSLA: -8.59% 🔸 $NVDA: -7.05% 🔸 $AMD: -6.02% 🔸 $META: -5.19% 🔸 $INTC: -4.33% 🔸 $AMZN: -4.27% 🔸 $BA: -4.20% 🔸 $NFLX: -3.89% 🔸 $APPL: -3.80% 🔸 $GOOGL: -3.70% 🔸 $MSFT: -3.62%

Boeing, $BA, plane prices could increase by millions with tariffs, says AerCap CEO

JUST IN: Trump and Secretary of Defense Pete Hegseth have awarded Boeing, $BA, a $20 billion contact to develop and produce a sixth-generation fighter jet

$BA - TRUMP AWARDS BOEING NEXT-GENERATION FIGHTER JET CONTRACT WORTH BILLIONS -SOURCE

BREAKING: The family of a Boeing, $BA, whistleblower who reportedly took his own life has filed a wrongful-death lawsuit against the company

Earnings Summary & Key Updates 🔸 Monster Beverage ( $MNST) Q4 EPS: $0.38 (vs. est. $0.40); Revenue up 4.7% YoY to $1.81B (vs. est. $1.8B). Gross profit margin improved to 55.5% (Non-GAAP). Operating income up 7.9% to $517.9M (Non-GAAP). 🔸 Tesla ( $TSLA) applied for a permit in California linked to chauffeur services, a step toward regulatory approval for its planned robotaxi service. 🔸 Array Technologies ( $ARRY) – Q4 adj. EPS: $0.16 (vs. est. $0.17), adj. EBITDA: $45.2M (vs. est. $47.6M), revenue: $275.2M (vs. est. $268.5M), gross margin: 28.5%. Q1 revenue guidance: $260M-$270M (vs. est. $292.17M), FY revenue: $1.05B-$1.15B (vs. est. $1.127B). 🔸 Bloom Energy ( $BE) – Q4 adj. EPS: $0.43 (vs. est. $0.30), revenue: $572.4M (vs. est. $508.28M), gross margin: 38.3%, op. margin: 18.3%. FY revenue guidance: $1.65B-$1.85B (vs. est. $1.671B), adj. op. income: $135M-$165M (vs. est. $126.44M). 🔸 EOG Resources ( $EOG) – Q4 adj. EPS: $2.74 (vs. est. $2.57), revenue: $5.59B (vs. est. $5.95B). Oil & gas volumes and costs outperformed guidance. Announced $6.2B 2025 capital plan to grow oil production 3% and total production 6%. Entered a strategic agreement with Bapco Energies in Bahrain. 🔸 Sunrun ( $RUN) – Q4 revenue: $518.5M (vs. est. $537.9M). Installed 392 MWh of storage, up 78% YoY, exceeding guidance. Storage attachment rate: 62%. Q1 cash generation expected at $40M-$50M. 🔸 Talen Energy ( $TLN) – FY adj. EBITDA: $770M, adj. free cash flow: $283M, exceeding 2024 guidance midpoints. Reaffirmed 2025 guidance; 2026 outlook unchanged. 🔸 Tidewater ( $TDW) – Q4 revenue: $345.1M (vs. est. $340.1M), adj. EBITDA: $138.4M (in line with estimates). FY revenue guidance: $1.32B-$1.38B (vs. est. $1.44B), gross margin: 48%-50% (vs. est. 50.1%). 🔸 CubeSmart ( $CUBE) – Q4 AFFO/share: $0.68 (in line), adj. EPS: $0.45 (vs. est. $0.46), revenue: $231.4M (vs. est. $266.4M). FY AFFO/share guidance: $2.50-$2.59 (vs. est. $2.68), EPS: $1.40-$1.49 (vs. est. $1.76). 🔸 Green Dot ( $GDOT) – Q4 EPS: $0.40 (vs. est. $0.35), revenue: $455M (vs. est. $421.9M). FY25 EPS guidance: $1.05-$1.20 (vs. est. $1.50), adj. EBITDA: $145M-$155M. Expects embedded finance and money movement to drive 2025 growth. 🔸 Redfin ( $RDFN) – Q4 EPS loss: (-$0.29) (vs. est. -$0.23), revenue up 12% YoY to $244.3M (vs. est. $242.5M). Q1 revenue guidance: $214M-$225M (vs. est. $242.8M), Q1 net loss expected at ($94M-$83M). Q4 adj. EBITDA: $2.9M. 🔸 Rocket Companies ( $RKT) – Q4 adj. EPS: $0.04 (vs. est. $0.03), total revenue: $1.76B, adj. revenue: $1.2B (high end of guidance). Q1 revenue guidance: $1.17B-$1.325B. 🔸 Acadia Healthcare ( $ACHC) – Q4 adj. EPS: $0.64 (vs. est. $0.71), adj. EBITDA: $153.1M (vs. est. $171.4M), revenue: $774.2M (vs. est. $779M). FY revenue guidance: $3.3B-$3.4B (vs. est. $3.441B), adj. EBITDA: $675M-$725M (vs. est. $747.9M), adj. EPS: $2.50-$2.80 (vs. est. $3.35). 🔸 Iovance Biotherapeutics ( $IOVA) – Q4 EPS loss: (-$0.26) (vs. est. -$0.27), revenue: $73.7M (vs. est. $72.2M). Reaffirms FY25 total product revenue guidance of $450M-$475M. Amtagvi total revenue: $73.7M in Q4, $164.1M in FY24. 🔸 Natera ( $NTRA) – Q4 EPS: (-$0.41) (vs. est. -$0.42), revenue: $476.1M (vs. est. $428.6M). FY revenue guidance: $1.87B-$1.95B (vs. est. $1.819B), gross margin: 60%-64%. 🔸 Pacira BioSciences ( $PCRX) – Q4 EPS: $0.96 (vs. est. $0.83), revenue: $187.3M (vs. est. $185.4M). FY25 revenue guidance: $725M-$765M (vs. est. $747.6M), gross margin: 76%-78%, R&D expense: $90M-$105M, SG&A expense: $290M-$320M. 🔸 Progyny ( $PGNY) – Q4 adj. EPS: $0.42 (vs. est. $0.10), adj. EBITDA: $47.5M (vs. est. $41.8M), revenue: $298.4M (vs. est. $276.7M). Q1 revenue guidance: $300M-$318M (vs. est. $280.3M), FY revenue: $1.175B-$1.225B (vs. est. $1.159B), adj. EPS: $1.52-$1.62 (vs. est. $0.60). 🔸 RadNet ( $RDNT) – Q4 adj. EPS: $0.22 (vs. est. $0.20), adj. EBITDA: $75M (vs. est. $74.8M), revenue: $477.1M (vs. est. $461.8M). FY revenue guidance: $1.825B-$1.875B (vs. est. $1.979B), adj. EBITDA: $265M-$273M (vs. est. $309.3M), FCF: $70M-$80M. 🔸 Solventum ( $SOLV) – Q4 adj. EPS: $1.41 (vs. est. $1.32), revenue: $2.07B (vs. est. $2.05B). FY adj. EPS guidance: $5.45-$5.65 (vs. est. $5.49). 🔸 TransMedics Group ( $TMDX) – Q4 EPS: $0.19 (vs. est. $0.16), revenue: $121.6M (vs. est. $110.3M), gross margin: 59%. FY revenue guidance: $530M-$552M (vs. est. $528.6M). 🔸 Boeing ( $BA) & Safran – Assessing impact of a fire at Pennsylvania's SPS Technologies factory, seeking alternative suppliers. GE Aerospace (GE) taking steps to minimize disruption. 🔸 Archer Aviation ( $ACHR) – Q4 adj. EBITDA: -$94.8M, operating expenses up 16% YoY to $124.2M, net loss: -$198.1M (+82% YoY). Q1 adj. EBITDA loss guidance: -$95M to -$110M. 🔸 MasTec ( $MTZ) – Q4 EPS: $1.44 (vs. est. $1.26), revenue: $3.4B (+3.8% YoY, vs. est. $3.32B). Q1 EPS guidance: $0.34 (vs. est. $0.39). 2025 outlook: revenue $13.45B (+9% YoY), GAAP net income: $327M-$366M, adj. EBITDA: $1.10B-$1.15B. 🔸 Mosaic ( $MOS) – Q4 adj. EPS: $0.45 (vs. est. $0.57), revenue: $2.8B (vs. est. $2.92B). Missed estimates due to lower potash prices and sales. Q4 potash sales volume: 2.2M tonnes (-15% YoY), avg. price: $199/tonne (-18%). Potash revenue: $600M (-25%), adj. core profit: $95M (-24%). 🔸 Rocket Lab USA ( $RKLB) – Q4 adj. EBITDA: -$23.2M (vs. est. -$29.1M), revenue: $84M (vs. est. $130.6M). Q1 revenue guidance: $117M-$123M (vs. est. $135.7M), adj. gross margin: 30%-32%, adj. EBITDA: -$35M. 🔸 Autodesk ( $ADSK) – Q4 adj. EPS: $2.29 (vs. est. $2.14), revenue: $1.6B (vs. est. $1.632B), adj. EBIT margin: 37%. Q1 guidance: revenue $1.6B-$1.61B (vs. est. $1.598B), EPS $2.14-$2.17 (vs. est. $2.08). FY guidance: revenue $6.895B-$6.965B, adj. op margin 36%-37%, EPS $9.34-$9.67 (vs. est. $9.24). 🔸 Dell ( $DELL) – Q4 adj. EPS: $2.68 (vs. est. $2.52), revenue: $23.9B (vs. est. $24.57B). Q1 guidance: EPS $1.65 (vs. est. $1.83), revenue $22.5B-$23.5B (vs. est. $23.72B). FY26 midpoint in line with consensus. Announced $10B stock buyback and 18% dividend increase to $2.10. 🔸 DoubleVerify ( $DV) – Q4 adj. EBITDA: $73.8M (vs. est. $76.48M), revenue: $190.6M (vs. est. $196.9M). Q1 guidance: revenue $151M-$155M (vs. est. $157.5M). FY revenue expected to grow ~10% (vs. est. 12.59%). 🔸 Duolingo ( $DUOL) – Q4 EPS: $0.28 (vs. est. $0.48), revenue: $209.6M (vs. est. $205.4M), paid subs: 9.5M, DAU: 40.5M, MAU: 116.7M. Q1 guidance: revenue $220.5M-$223.5M (vs. est. $221.07M). FY guidance: revenue $962.5M-$978.5M (vs. est. $965.88M). 🔸 Elastic ( $ESTC) – Shares surged on strong Q3 results: adj. EPS $0.63 (vs. est. $0.47), adj. op income $64M (vs. est. $55.4M), revenue $382.5M (vs. est. $368.7M). Q4 guidance: revenue $379M-$381M (vs. est. $374.2M), adj. op margin ~13.5%, adj. EPS $0.36-$0.37 (vs. est. $0.31). 🔸 HP ( $HPQ) – Q1 adj. EPS: $0.74 (in line), revenue: $13.5B (vs. est. $13.36B). Growth driven by strong personal systems segment: revenue up 5% to $9.2B, commercial PC revenue up 10%. Q2 guidance: EPS $0.75-$0.85 (vs. est. $0.86). FY EPS: $3.45-$3.75 (vs. est. $3.59). 🔸 iHeartMedia ( $IHRT) – Q4 adj. EBITDA: $246M (vs. est. $291.3M), revenue: $1.118B (vs. est. $1.166B). Q1 guidance: adj. EBITDA $100M-$110M (vs. est. $120.25M). 🔸 NetApp ( $NTAP) – Q3 EPS: $1.91 (in line), revenue: $1.64B (vs. est. $1.7B). Q4 guidance below midpoint. FY25 guidance: EPS $7.17-$7.27 (vs. est. $7.33), revenue $6.49B-$6.64B (vs. est. $6.67B). 🔸 SoundHound AI ( $SOUN) – Q4 adj. EPS: -$0.05 (vs. est. -$0.10), revenue: $34.5M (vs. est. $33.69M). FY guidance: revenue $157M-$177M (vs. est. $165.26M).

$BA - U.S. REGULATORS "NEED TO BE TOUGHER ON BOEING" -- TRUMP USDOT DEPUTY NOMINEE

$BA - BOEING CEO SAYS ELON MUSK IS "HELPING US A LOT" ON AIR FORCE ONE

Trump has said Boeing, $BA, is almost a lost cause, per NYT.

$BA - PRESIDENT TRUMP HAS EMPOWERED ELON MUSK TO EXPLORE DRASTIC OPTIONS TO PROD BOEING TO MOVE FASTER ON 2 AIR FORCE ONE JET DELIVERIES - NYT

$BA - TRUMP REGARDS BOEING AS ALMOST A LOST CAUSE: NYT

$BA - MUSK EYEING OPTIONS FOR BOEING TO MOVE FASTER ON AF1 JETS: NYT

$BA - BOEING CEO SAYS ENGAGED WITH MUSK ON AIR FORCE ONE PROGRAM

$BA - TRUMP NOMINEE TO HEAD TRANSPORTATION DEPARTMENT SAYS BOEING NEEDS "TOUGH LOVE" -- SENATE HEARING

MORNING BID $AAPL downgraded to Sell by MoffettNathanson, target price $188. $AUR shares up 50% with new partnerships with Continental and Nvidia for deploying driverless trucks using Nvidia's DRIVE Thor and DriveOS. $GETY and $SSTK to merge, forming a $3.7B visual content company under the ticker "GETY". $META adds Dana White, John Elkann, and Charlie Songhurst to its board. $MU shares rise following Nvidia's mention of using Micron's memory in new gaming chips. $NVDA revealed new AI tech for robotics and self-driving, plus new gaming chips and a desktop computer at CES; expects automotive revenue growth. $NXPI to buy TTTech Auto for $625 million to enhance autonomous vehicle safety software. $LULU upgraded to Outperform by Bernstein, target now $460 from $360. $TSLA downgraded to Neutral by Bank America, tgt up to $490 from $400, citing improved sentiment and growth recognition since April 2024 upgrade. $ULTA CEO Dave Kimbell to retire; Kecia Steelman named new CEO, strong holiday performance, Q4 margin outlook raised. $AZEK CFO Peter Clifford resigns to join a private firm outside the building products sector. $APOG) Q3 EPS $1.19, beating consensus $1.11; revenue $341.34M vs. $332.19M expected. Cuts FY25 EPS guidance to $4.90-5.20, lowers revenue growth to -5% from -7% to -4%. $GFL sold Environmental Services to $APO and BC Partners for $8.0B, retaining $1.7B equity, expecting $6.2B cash after taxes. $RPM Q2 EPS $1.39 vs. $1.34 expected; revenue $1.85B vs. $1.79B. Maintains FY25 sales growth in low single digits. $LUV sold and leased back 36 $BA 737-800s to Babcock & Brown, generating $871M from 35 aircraft in late December.

$BA - PEGASUS AIRLINES ORDERS UP TO 200 BOEING 737-10 AIRPLANES

$BA - Boeing Expects to Deliver New Air Force One After Trump Finishes Next Term, Sources Say -- WSJ Initial Boeing Contract Called for Delivery of New Jets in 2024 -- WSJ

$BA - BOEING SHARES UP 1% PREMARKET AFTER REPORT CO RESTARTS 737 MAX PRODUCTION

$BA - Boeing restarts 737 MAX production a month after strike ended, sources say Boeing restarted production of its best-selling 737 MAX jetliner last week, about a month after the end of a seven-week strike by 33,000 factory workers, according to three sources familiar with the matter.

$BA - BOEING TO LAYOFF 396 WORKERS AT VARIOUS LOCATIONS IN WASHINGTON FROM FEB 21 - WARN NOTICE

$BA - U.S. COURT REJECTS PLEA AGREEMENT IN BOEING CASE IN DISTRICT COURT NORTHERN DISTRICT OF TEXAS - COURT DOCKET

$BA - WARREN CALLS FOR GROUNDING FLEET OF BELL BOEING V-22 OSPREYS

$BA - BOEING TO LAYOFF 2,199 WORKERS IN WASHINGTON STATE - WARN NOTICE

$BA - BOEING IS EXPLORING POSSIBLE $6 BILLION SALE FOR JEPPESEN UNIT

$BA - BOEING SHARES DOWN 1.7% AFTER CO LAUNCHES OFFERING OF COMMON STOCK AND DEPOSITARY SHARES

$BA - *BOEING SAID TO PLAN OVER $15B CAPITAL RAISE AS SOON AS MONDAY

$BA - BOEING SHARES DOWN 2.7% AFTER WORKERS REJECT WAGE DEAL, EXTENDS STRIKE

$BA - BOEING CEO WON'T GO INTO DETAIL WHEN ASKED ABOUT POSSIBLE CAPITAL RAISE - CNBC INTERVIEW

$BA - BOEING CEO KELLY ORTBERG SAYS "SEPARATE JOB CUTS FROM WORK STOPPAGE"

$BA - BOEING - "IT WILL TAKE TIME TO RETURN BOEING TO ITS FORMER LEGACY"

$BA RESULTS: Q3 🔸 Commercial Airplanes revenue $7.44B, EST $7.66B 🔸 Negative ADJ free cash flow $1.96B, EST negative $1.87B 🔸 Defense, Space & Security revenue $5.54B, EST $5.6B 🔸 Global Services revenue $4.90B, EST $5.02B 🔸 Negative operating cash flow $1.35B, EST negative $1.99B 🔸 Core loss per share $10.44 🔸 Backlog $510.51B 🔸 Commercial airplanes operating loss $4.02B, EST loss $3.15B 🔸 Defense, Space & Security operating loss $2.38B, EST loss $1.94B 🔸 Global services oper earnings $834M, EST $853.2M 🔸 Revenue $17.84B, EST $17.89B