WeRide closed out 2025 with an accelerating surge in hardware sales, driving a record 123% YoY jump in Q4 revenue. The company is actively executing its asset-light international strategy, achieving major milestones like a driverless permit in Abu Dhabi and expansion into Europe. However, the top-line success contradicts a worsening profitability profile: gross margins contracted sharply as the revenue mix shifted away from high-margin R&D services toward lower-margin vehicle sales. Despite a massive revenue beat, net losses remain heavy, signaling that WeRide's path to corporate profitability is still fundamentally tied to long-term software licensing and operational scale rather than immediate product sales.  WeRide's ability to actually sell and deploy units globally is extremely impressive for an early-stage AV company. But the reversing margin trajectory highlights the difficult economics of scaling hardware before software and licensing revenues catch up.

• Significant insider selling of over 489,000 shares in the past three months, combined with Vertiv’s decision to stop reporting quarterly orders (disclosing only annual backlog in the 10-K), introduces transparency concerns.This reduced disclosure follows a quarter with 252% year-over-year order growth, raising questions about whether Q1 2026 orders may have normalized. At least one analyst downgraded in late March citing “too lofty expectations.”

• At 46x forward earnings and a 2.05 beta, Vertiv trades above the consensus analyst target of ~$271 — meaning the stock has overshot near-term Wall Street expectations.The PEG ratio of 1.77, while not extreme, offers limited margin of safety if EPS growth decelerates from the guided 42–45% rate. Tariff headwinds previously compressed adjusted operating margins by 110 bps and remain a variable cost risk for 2026.

Any trick to uploading pdf documents? 

Amprius (AMPX) notable 2500 Oct. $19 puts sell to open $4.60 bid, continue to see major confidence in this battery tech winner
great looking chart

do some digging my friend, lot more revenue than "buying a truck" now with tech/software and VW collab

Invesco (IVZ) nice looking rising 200-MA base breaking out to close week seeing buyers 4000 May $25 calls $1.10

GCT quietly big breakout this week seeing May 60 calls bought 1150X

Oracle (ORCL) 1400 October $200 calls buy $20.69

Yday......LionsGate (LION) seeing some June $12 calls take profits but also spreads sold 5000 December $9 puts to buy 10,000 of the $12/$17 call spreads, been a nice long since write-up a few months back

Lionsgate (LION) strength continues and buyers 2500 May 11 calls 1.25 offer

Dow Chemical (DOW) 10,000 May $37.5/$47.5 call spreads buy into weakness, chemical disruptions likely still a near-term boost to results

Dicks (DKS) buyer 250 September $200 puts $11.80

Affirm (AFRM) buyer 2000 May $67.5 calls $4.64, bulls active here for a few weeks now and MSCO note on that big Investor Event in May as upside catalyst

J&J (JNJ) buyer 1000 May $230 calls $9.25 trades with the $240 calls that may be adjusting or new spread, earnings put fly trade good for 180% gain here to take

OpEx blowoff and likely a scenario where all the good news getting baked in on the war front, VIX futures not down all too much really, so the risk/reward def. shifts into heart of earnings season now

UNP value breakout and flag break

Google (GOOGL) buyer 1250 May 8th (W) $340 puts 13.15 offer

ACM Research (ACMR) May 22nd (W) spreads selling $45 puts to buy $55/$65 call spreads 2000X

nVent (NVT) data center playi sees 3900 June $165 calls buy at $3

Navitas (NVTS) hot calls all week today sees 1600 January $9 short puts open 2.08

28% short float............

AMPX a lithium name, check it out Matt....

Hims Hers (HIMS) large buy 2200 August $34 calls $3.6 offer

Nektar (NKTR) 1500 May $90 calls buy $7.40 offer

Russell (IWM) size buy 5000 March 2027 $255 puts $16.11 playing for a pullback

Navitas (NVTS) multi-week base breakout seeing unusual 1200 far OTM January $27 calls bought 1.30 offer aggressive today with IV30 up 11.7%

Roku (ROKU) buyer 2000 May $115 calls 7.25 adjusting those $95 calls

BABA staying hot sees 11,000 May 22nd (W) $160 calls bought, nice move from technical trigger

Halliburton (HAL) spreads here buying 11,000 June $40 calls and selling 5500 of the $35 puts

MP Materials (MP) late day trades buying 2000 December 2027 $50 calls at $16.50 in the rare earth leader

AST Space (ASTS) with 2000 June $90 calls bought $14.30 to $14.70, OI checks, feels like a RKLB base breakout move coming there too

Fermi (FRMI) jumpy after a few days of call accumulation and sees 1950 Dec. 10 calls buy aggressive 1.90


NextNav (NN) DIscussion on Middle East ... hot damn this chart is so pretty with lot of Jan 2027 call open interest (quoting:) NextNav (NN) up 20% on upgrade seeing September $30 far OTM calls bought 1500X at $2

DoorDash (DASH) 250 December $200 ITM puts sold to open 40.25 show confidence

Dell (DELL) a top Tech chart strong today seeing buyers of 500 January $260 OTM calls and 820 January $280 max strike calls

Old Dominion (ODFL) a top trucker seeing IV drop as 410 December 200 high Delta puts sell to open for $800K premium

Put buyers came into large cap Tech today with NVDA, AAPL, AMD, AMZN all seeing some large orders.

HPE up 2.4% breaking out w/ rel. strength and IV surge a bit here

Nasdaq (QQQ) buyer of the September 720/790 call ratio 3000X9000

Summit (SMMT) hot small Bio sees 2000 June 25/35 call spreads buy for 2.50

SMMT buyer 1500 July $27 calls $3.40 as well, hot action there

SBA Comm. (SBAC) buyer 1500 May 230/250 call spreads with recent M&A talks

SCHW buyer 2000 July 100 calls 3.45 to 3.50 into lows

Hims Hers (HIMS) large buy 2200 August $34 calls $3.6 offer

IonQ (IONQ) odd buys 1700 September 120 max strike calls 1.50 to 1.65

MSFT is now into a very large volume pocket extending to 472 which happens to align with 200MA

Teradyne (TER) some bear flow early with May $350 puts bought 1000X for $2.7M

Taysha Gene (TSHA) early unusual 4000 July $9 calls bought 0.45 to 0.60

yup, UFO 

crude over $93 big level 

2hr holding overbought condition 

ABT Reported better than expected EPS on stronger revenues; lowered guidance.
BK Reported better than expected EPS on stronger revenues.
CAG Two company directors disclose purchases totaling over $600K.
CFG Reported better than expected EPS on inline revenues.
COST Announced 13% increase in quarterly dividend from $1.30 to $1.47 per share.
JBHT Reported better than expected EPS on stronger revenues.
JCI Bloomberg reports company is considering the sale of its security business and other units for $4.5 bln.
MAN Reported better than expected EPS on stronger revenues; guided to high end of range.
MRSH Reported better than expected EPS on stronger revenues.
PEP Reported better than expected EPS on stronger revenues; reaffirmed guidance.
PPG Raised Q1 EPS guidance and announces global 'adjustment' in paint prices.
QDEL Lowered Q1 sales below consensus forecasts citing 30% decline in flu-like illness visits y/y.
SCHW Reported better than expected EPS on inline revenues.
TRV Reported better than expected EPS on weaker revenues; raised dividend by 14%.
TSM Reported better than expected EPS on stronger revenues; raised guidance.
USB Reported better than expected EPS on inline revenues; guided inline.

love this one!

Next catalyst is Ph3 data in PIK3CA "wild type" breast cancer. If +ve, est peak sales of gedatolisib in all indications is > $2.5b. The stk "paultry" (tic) mkt cap =$6b. Chart is breaking out.

Zoom (ZM) buyer 1500 August $110 calls $4.25 hitting multi-week high today retaking earnings selloff move

friend sends me, he trades options frequently.  i'll ask.