P.S. there's a small toggle inside that lifts your payout tier. Three folks each round get their upgrade cost covered. Here's the same link.
f you are reading this message, it’s because you are using an older device. So, we want to ensure that you know a few things, including: Why you’re receiving these emails How we treat your privacy How to manage your preferences How to access important pages Our commitment to you A bit of legal Hello, and thank you for taking the time to read this email. This message is part of an ongoing conversation between us, and I want to take a moment to ensure you have full transparency about why you received this message, how your information is handled, and what to expect from future emails. Why You’re Receiving This Email You’re receiving this email because at some point, you opted in to receive updates, news, or information on a specific topic we’ve previously discussed or shared. Whether it was through a subscription, a form submission, or another form of communication, your information was shared willingly, and we respect your decision to connect with us. If you’re wondering about the nature of our correspondence, rest assured that we aim to keep all emails relevant, timely, and free from unnecessary clutter. This includes respecting your inbox and refraining from sending irrelevant messages. Your Privacy is Important We value your trust and take your privacy very seriously. The information you provide is securely stored and never shared, sold, or used outside the purpose for which you provided it. If you ever want to review how we handle your data, feel free to contact us directly. Transparency is our priority, and we’re happy to address any questions you might have. You are always in control of the information you share. If you feel that any part of your subscription or interaction needs clarification, let us know. We’re here to provide accurate answers and ensure your satisfaction. How to Unsubscribe or Manage Your Preferences We understand that everyone’s inbox is different. If you ever find our emails no longer relevant, there’s no hard feelings. You can easily manage your email preferences or unsubscribe using the link provided below. By clicking the unsubscribe link, you’ll be taken to a page where you can either adjust your communication preferences (such as receiving fewer emails or only on specific topics) or completely remove yourself from our list. The process is straightforward, and any changes will take effect promptly. We don’t use tricks or gimmicks to keep you subscribed. Our priority is to ensure that our emails add value to your day, and if they don’t, we respect your decision to part ways.
<div style="display:none;max-height:0;overflow:hidden;mso-hide:all;"> If you are reading this message, it’s because you are using an older device. So, we want to ensure that you know a few things, including: Why you’re receiving these emails How we treat your privacy How to manage your preferences How to access important pages Our commitment to you A bit of legal Hello, and thank you for taking the time to read this email. This message is part of an ongoing conversation between us, and I want to take a moment to ensure you have full transparency about why you received this message, how your information is handled, and what to expect from future emails. Why You’re Receiving This Email You’re receiving this email because at some point, you opted in to receive updates, news, or information on a specific topic we’ve previously discussed or shared. Whether it was through a subscription, a form submission, or another form of communication, your information was shared willingly, and we respect your decision to connect with us. If you’re wondering about the nature of our correspondence, rest assured that we aim to keep all emails relevant, timely, and free from unnecessary clutter. This includes respecting your inbox and refraining from sending irrelevant messages. Your Privacy is Important We value your trust and take your privacy very seriously. The information you provide is securely stored and never shared, sold, or used outside the purpose for which you provided it. If you ever want to review how we handle your data, feel free to contact us directly. Transparency is our priority, and we’re happy to address any questions you might have. You are always in control of the information you share. If you feel that any part of your subscription or interaction needs clarification, let us know. We’re here to provide accurate answers and ensure your satisfaction. How to Unsubscribe or Manage Your Preferences We understand that everyone’s inbox is different. If you ever find our emails no longer relevant, there’s no hard feelings. You can easily manage your email preferences or unsubscribe using the link provided below. By clicking the unsubscribe link, you’ll be taken to a page where you can either adjust your communication preferences (such as receiving fewer emails or only on specific topics) or completely remove yourself from our list. The process is straightforward, and any changes will take effect promptly. We don’t use tricks or gimmicks to keep you subscribed. Our priority is to ensure that our emails add value to your day, and if they don’t, we respect your decision to part ways. Accessibility and Communication If you have any trouble accessing the unsubscribe page, managing preferences, or understanding why you’re receiving this email, you can reach out directly to our support team at [support@example.com]. We aim to provide a response within a reasonable time frame and address your concerns effectively. Our communication is designed to be as inclusive as possible, but we know there’s always room for improvement. If you have any feedback on how we can make our emails more accessible or relevant, please don’t hesitate to share. A Commitment to Non-Intrusive Emails We aim to create a non-intrusive communication experience. This means we won’t overwhelm your inbox with excessive messages, and we work hard to ensure our content remains clear and concise. The purpose of this email is to stay connected with you and provide updates or information that we believe is meaningful. If we ever fail to meet these standards, we encourage you to let us know. Feedback, whether positive or constructive, is always appreciated. Your thoughts help us understand how we can do better and improve our communication approach. While we cannot guarantee every suggestion will be implemented, we will take the time to carefully review and consider your input. Contact Information If you’d like to get in touch with us outside of managing your preferences, here’s how you can reach us: Email: Phone: [123-456-7890] (Available Monday through Friday, 9 AM - 5 PM MST) Mailing Address: We strive to ensure all communication channels are open and readily available to you. Whether it’s a question, comment, or concern, our team is ready to assist. Legal Information We comply with all applicable laws and regulations regarding email communication. This includes adhering to anti-spam laws and maintaining the highest standards for consent-based communication. Your trust matters, and we work diligently to ensure every email you receive meets these requirements. If you need further clarification on our compliance policies or legal obligations, please feel free to ask. Transparency and accountability are central to our communication strategy, and we’re happy to provide additional details if needed. A Final Note Emails are one of the many ways we stay connected, but we understand they aren’t perfect for everyone. If there’s another way you’d prefer to communicate or stay updated, let us know. Whether it’s through social media, a direct call, or another channel, we’re open to finding the most effective way to share information with you. We want to emphasize that our goal is never to disrupt or clutter your inbox. Every email sent is intended to provide value, and we genuinely appreciate your time and attention. Thank you for allowing us to stay in touch with you. This footer was designed to ensure transparency, provide essential information, and give you full control over your communication preferences. We hope it meets your expectations, but if there’s anything you’d like to see improved, we’re always here to listen. </div>
GE Aerospace (NYSE: GE) just delivered a 36% jump in adjusted earnings per share, a 49% surge in orders, and another upgrade to its 2026 outlook. Yet the stock fell 3.16% to $301.45, trading below all three major moving averages. Investors have a strong earnings report to digest, but the next leg higher depends on whether GE can turn its swelling commercial-services business into more consistent cash generation.
Table of Contents
The company’s third-quarter results show why demand remains strong. Revenue climbed 16% to $14.12 billion, while adjusted revenue increased 18% to $13.29 billion. Adjusted operating profit rose 30% to $2.99 billion, lifting the operating margin to 22.5% from 20.3% a year earlier. Adjusted EPS reached $2.25, compared with $1.66 in Q3 2025.
GE also raised its full-year earnings, operating-profit and free-cash-flow guidance. The engine powering those upgrades is its commercial aftermarket business, supported by a backlog exceeding $170 billion. The catch: free cash flow fell 14% during the quarter, leaving GE Aerospace with something to prove even after raising the bar.
Trading millionaire Larry Benedict challenges conventional Wall Street wisdom with a bold claim: “Diversification is for dummies.”
Instead of spreading investments across multiple stocks, he focuses on trading just one ticker repeatedly using his specialized system.
Now, he's revealing the exact ticker he's trading today, his complete strategy, and a second trading rule that he says most people have never followed.
Commercial Engines & Services generated $10.34 billion in Q3 revenue, up 21% year over year, while segment operating profit climbed 21% to $2.89 billion. Orders jumped 58% to $15.27 billion, with service orders rising 23% and equipment orders more than tripling.
The revenue breakdown shows where the momentum is coming from. Services revenue grew 17%, internal shop-visit revenue increased 12%, and spare-parts revenue rose more than 20%. LEAP engine shop-visit revenue grew over 40%, while total engine deliveries increased 8%. GE is benefiting from a large installed engine fleet that requires maintenance, repairs, and replacement parts, alongside continued demand for new engines.
That aftermarket footprint gives GE a more durable revenue stream than equipment deliveries alone. Airlines need engines maintained to keep aircraft flying, and the work can generate repeat business over an engine’s service life. GE’s commercial-services backlog now exceeds $170 billion, giving management substantial contracted demand to work through.
Management expects commercial-services revenue to grow at a low-double-digit rate in 2027. For 2026, it raised its Commercial Engines & Services revenue-growth outlook to the low 20s and operating-profit forecast to 10.5billion – 10.6 billion. The segment is now doing the heavy lifting, although its margin edged down 10 basis points to 27.9% as inflation and business mix offset some benefits from volume and pricing.
The Guidance Upgrade Comes With a Cash-Flow Test
GE raised its full-year 2026 adjusted EPS guidance to 8.00–8.10, up from 7.65–7.85. It now expects adjusted operating profit of 10.9 billion–11 billion and free cash flow of 9.1 billion–9.4 billion. Adjusted revenue growth is projected at roughly 19%–20%.
Those revisions imply management expects the strong operating performance to continue into Q4. Nine-month free cash flow already reached $6.73 billion, up 13% from the prior year, which leaves GE needing roughly 2.37 billion–2.67 billion in Q4 to reach its new full-year range.
The latest quarter, however, went in the opposite direction. Operating cash flow slipped to $2.20 billion from $2.56 billion, while free cash flow fell to $2.04 billion from $2.36 billion. GAAP profit rose 12% to $2.81 billion, but the GAAP profit margin contracted 80 basis points to 19.9%.
One quarter does not establish a cash-conversion problem, especially in a business where delivery schedules and working-capital movements can shift between periods. Still, investors should watch the Q4 cash tally closely. GE Aerospace is raising its earnings expectations while promising more than $9 billion in annual free cash flow, so the next report needs to show that higher profits are reaching the cash-flow statement.
Defense Adds Support, but Commercial Still Leads
Defense & Propulsion Technologies provides another source of growth. Q3 revenue increased 7% to $3.47 billion, orders climbed 18% to $4.27 billion, and operating profit rose 8% to $475 million. For the first nine months of 2026, segment revenue advanced 13%, and orders grew 33%.
GE also signed a contract worth up to $2.9 billion to support F414 engines powering the U.S. Navy F/A-18 and EA-18G aircraft. Its agreement to acquire Consolidated Precision Products would expand capacity for mission-critical castings used across commercial engines, aftermarket operations and defense programs.
The opportunity comes with execution risk. GE is working to meet rising demand while dealing with supplier constraints, inflation, and the challenge of expanding production capacity. A larger backlog can support future revenue, but only if the company can deliver the work at attractive margins and on schedule.
GE Needs to Reclaim Its Trend
The stock’s technical picture remains weaker than the earnings report. GE closed at $301.45, below its 20-day simple moving average at $311.60, its 50-day at $327.96 and its 200-day at $323.75. Shares have retreated from summer highs near $380, and the latest decline has brought the price toward a rising support trendline around $300.
That level is the immediate line to watch. Holding near $300 could give buyers a base from which to challenge $312, the first meaningful resistance area. A stronger recovery would need to clear the 324–328 zone, where the 200-day and 50-day averages sit. A decisive break beneath the rising trendline would leave the chart vulnerable to another leg lower.
Elon is gearing up to buy a tiny, publicly traded company.
Why? Because it holds the exclusive rights to a $16 trillion MOTHERLODE of the exact materials his empire runs on... rare metals like cobalt, manganese and lithium.
On January 1st, a new Pentagon rule cuts off his Chinese supply.
Today, it's a $5 stock... but once Elon makes his move, it could soar to $50 within 6 months.
GE Aerospace is a buy, supported by accelerating commercial-services demand, a $170 billion-plus backlog and higher earnings guidance. The company has built a formidable aftermarket engine, and its defense business adds another source of growth.
But after the latest selloff, I would look for cash flow to confirm the earnings momentum and for GE to reclaim its moving averages before expecting the stock to return to its summer highs. The fundamentals are strengthening; the chart still needs to catch up.
Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter.
Top Stories
SpaceX earnings: Elon Musk’s rocket, satellite and artificial intelligence company reported $4.4 billion in quarterly net income. The results were much better than expected.
Suhas Subramanyam represents a congressional district in Virginia with the highest concentration of data centers in the country, Michael Shepard reports in today’s Tech In Depth. In a sitdown with Bloomberg, the US representative said data center developers have been “tone-deaf” in connection with citizens’ legitimate fears about rising utility costs and environmental issues. But the congressman opposes a moratorium on the projects, saying government needs to put in rules to help ensure data centers are built responsibly, Shepard writes.
Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world.
This Week In Soundbite
While major music companies are beginning to reach partnership agreements with AI platforms, they are still trying to persuade artists and songwriters to participate in the programs, Ashley Carman reports in this week’s Soundbite.
We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here.
Follow Us
You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox.
