The Nasdaq 100 faces short-to-mid-term macro headwinds as rising oil pushes markets down, and the war may escalate further this time. Mega-cap earnings are unlikely to rescue it because the market is punishing negative free cash flow. The index appears to have broken down, with the biggest support about 9-10% lower. The long-term thesis on all investments remains unchanged. x.com  x.com  x.com 

FTAI Aviation is no bargain on current numbers, but its Power business should eventually succeed, which would make the stock fairly cheap. Its accounting is problematic: reported EBITDA should be cut by 15-18%, leaving the stock on the expensive side, and fewer engine shop visits could bring a guidance cut. The current environment is not representative and should improve, but it is not a no-brainer. @Ofekl12 argues instead that the stock is deeply undervalued even with Power valued at zero. … Show more

FTAI Aviation's power segment is the underrated part of the thesis, since the market still prices FTAI mostly on its aviation aftermarket business. FTAI Power's deliveries, scheduled in batches through November 2027, give it a multi-year revenue tail tied to a single hyperscaler. x.com 

FTAI Aviation's power business gives retired aircraft engines a second life supplying AI data centers, built on capabilities it already has. FTAI Power converts CFM56 engines into 25 MW gas turbines and targets on-site turbine swaps in under 48 hours, drawing on its exchange model and fleet of over 1,000 engines. Its joint venture with Jereh Group won a $1.465 billion initial order from a leading cloud provider, delivered through November 2027; that order belongs to the JV, not all to FTAI. … Show more

FTAI Aviation is one of the most mispriced names in the power trade after falling nearly 50% from its high. It owns the largest pool of 737 engines on earth; airlines cannot get new engines, so old ones fly longer, and with fuel up 70% airlines are dumping jets, letting FTAI buy engines cheap. It is converting those engines into data-center turbines for 2027 delivery, while GE and Siemens quote 2029, with a $1.465B order in hand. Three sold-out markets, one engine, under 10x next year's EBITDA. … Show more

FTAI Aviation is becoming one of the most undervalued and compelling power plays in AI infrastructure, growing earnings far faster than GE Vernova at a much lower multiple. Per sell-side estimates, FTAI trades at 22x NTM EPS with EPS growing 50-55% this year and 75-80% next, a 46% CAGR through 2028, versus GE Vernova's 28% CAGR at 58x. It just announced another roughly $1.5B order through partner J&F Power Systems, and found support at the 50% retracement after a 40% drop from February highs. … Show more