$166 billion.
That is what $MSFT , $GOOG , $AMZN and $META spent on capital expenditures in a single quarter.
Q2 2026: +87% year over year. +27% from Q1. +272% since the start of 2024.
Every prior quarter in this series looked like a peak at the time. None of them were.
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Combined quarterly capex from the four largest hyperscalers: $MSFT , $GOOG , $AMZN , $META , by calendar quarter:
Q1 2024: $44.6B
Q2 2024: $53.1B
Q3 2024: $59.8B
Q4 2024: $72.8B
Q1 2025: $72.7B
Q2 2025: $88.7B
Q3 2025: $97.8B
Q4 2025: $119.4B
Q1 2026: $130.6B
That's a +193% increase over nine quarters.
$NVDA reports Q1 FY27 on Wednesday, May 20 (AMC).
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Launching tomorrow: $DACL, the REX Defensive Autocallable Income ETF.
The latest addition to our autocallable income suite, designed to seek monthly income with a built-in risk buffer against index declines.
A more defensive approach to income.
View the prospectus here:
Although the Fund has an effective registration statement with the SEC, the fund will not be available for trading until 8/13/26.
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$FIGR reports earnings before the bell tomorrow:
Q2 EPS: $0.32 est.
Q2 Revenue: $214.22M est., up from $106.08M YoY
$FGRU offers 2X daily long exposure to $FIGR, from the T-REX Daily Target ETF lineup.
Fund details:
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$TE reported Q2 earnings before the bell:
EPS: expected -$0.10, reported -$0.14
Miss: loss $0.04 wider than expected
Revenue: expected $198.84M, reported $250.13M
Beat: +25.8%
Highlights from the report:
• Total net sales $250.1M vs. $132.8M in Q2'25
• G1 Dallas module production of 935 MW
• 2026 G1 Dallas production expected at the higher end of the previously disclosed 3.1–4.2 GW range
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$TE reports earnings before the bell tomorrow:
Q2 EPS: -$0.10 est., up from -$0.21 YoY
Q2 Revenue: $198.84M est., up from $132.77M YoY
$TEUP offers 2X daily long exposure to $TE, from the T-REX Daily Target ETF lineup.
Fund details:
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BREAKING
Core CPI (YoY)
Act.: 2.5%, Est.: 2.5%, Prev.: 2.6%
BREAKING
Core CPI (MoM)
Act.: 0.2%, Est.: 0.2%, Prev.: -0.0%
BREAKING
CPI (YoY)
Act.: 3.4%, Est.: 3.4%, Prev.: 3.5%
BREAKING
CPI (MoM)
Act.: 0.1%, Est.: 0.1%, Prev.: -0.4%
Weekly Distribution News for $FEPI $AIPI & $CEPI Holders!
Payout Date: 8/13/26
Distribution for $FEPI
Amount: $0.2029
Distribution for $AIPI
Amount: $0.2492
Distribution for $CEPI
Amount: $0.2493
FEPI Prospectus:
FEPI Fund Info and Standardized Performance:
AIPI Prospectus:
AIPI Fund Info and Standardized Performance:
CEPI Prospectus:
CEPI Fund Info and Standardized Performance:
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$TE reports earnings before the bell tomorrow:
Q2 EPS: -$0.10 est., up from -$0.21 YoY
Q2 Revenue: $198.84M est., up from $132.77M YoY
$TEUP offers 2X daily long exposure to $TE, from the T-REX Daily Target ETF lineup.
Fund details:
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$CRWV reported Q2 2026 results after the bell.
EPS: expected -$1.45, reported -$1.14
Beat: +21.22%
Revenue: expected $2.56B, reported $2.58B
Beat: +0.77%
Highlights:
• Revenue backlog approximately $104B as of June 30, 2026, excluding more than $25B of net new customer commitments added in early Q3
• Active power expanded by nearly 500 MW to 1.5 GW; total contracted power approximately 3.7 GW
• Raised more than $10B of unsecured debt and convertible bonds, plus a $3.1B term loan and a $1B strategic investment from Jane Street
• Selected for inclusion in the Nasdaq-100 Index
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$CRWV reports earnings after the bell today:
Q2 EPS: -$1.45 est., up from -$0.60 YoY
Q2 Revenue: $2.56B est., up from $1.21B YoY
Earnings can move markets — be ready to trade $CRWV in either direction with 2x daily ETFs from T-REX.
$CRWU – 2x Daily Long
$CORD – 2x Daily Inverse
Fund details:
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$LITE reported fiscal Q4 earnings after the bell:
Adjusted EPS: expected $2.97, reported $3.23
Beat: +8.8%
Revenue: expected $987.70M, reported $1.01B
Beat: +1.9%
Highlights from the report:
• Non-GAAP gross margin 50.4% (vs 37.8% YoY); non-GAAP operating margin 36.6% (vs 15.0% YoY)
• Components $649.4M (+102.7% YoY); Systems $356.9M (+122.6% YoY)
• FQ1'27 guidance: revenue $1.225B–$1.275B, non-GAAP operating margin 39.5%–40.5%, non-GAAP diluted EPS $4.05–$4.35
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$LITE reports earnings after the bell today:
FQ4 Adjusted EPS: $2.97 est., up from $0.88 YoY
FQ4 Revenue: $987.70M est., up from $480.70M YoY
$LITU offers 2X daily long exposure to $LITE, from the T-REX Daily Target ETF lineup.
Fund details:
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$LITE reports earnings after the bell today:
FQ4 Adjusted EPS: $2.97 est., up from $0.88 YoY
FQ4 Revenue: $987.70M est., up from $480.70M YoY
$LITU offers 2X daily long exposure to $LITE, from the T-REX Daily Target ETF lineup.
Fund details:
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$CRWV reports earnings after the bell today:
Q2 EPS: -$1.45 est., up from -$0.60 YoY
Q2 Revenue: $2.56B est., up from $1.21B YoY
Earnings can move markets — be ready to trade $CRWV in either direction with 2x daily ETFs from T-REX.
$CRWU – 2x Daily Long
$CORD – 2x Daily Inverse
Fund details:
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$DJT reported Q2 2026 results after the bell yesterday.
Revenue: $1.7M, up 89% from $0.9M YoY
Net loss: $238.1M
EPS: -$0.86
$DJT reports earnings after the bell today.
$DJTU offers 2X daily long exposure to $DJT, from the T-REX Daily Target ETF lineup.
Fund details:
$ASTS reported Q2 2026 results after the bell yesterday.
EPS: expected -$0.29, reported -$0.77
Miss: -168.03%
Revenue: expected $34.40M, reported $31.52M
Miss: -8.36%
Highlights:
• Revenue backlog approximately $1.30B in aggregate contracted revenue with commercial partners and U.S. Government contract awards
• 13 spacecraft in orbit following the launch of BlueBirds 11, 12 and 13; BlueBird 17 through BlueBird 46 in various stages of production
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$ASTS reports earnings after the bell today:
Q2 EPS: -$0.29 est., narrowed from -$0.41 YoY
Q2 Revenue: $34.40M est., up from $1.16M YoY
$ASUP offers 2X daily long exposure to $ASTS, from the T-REX Daily Target ETF lineup.
Fund details:
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Distribution News for REX Growth & Income ETF Holders!
Pay date: 08/12/2026
REX NVDA Growth & Income ETF $NVII
Amount: $0.2246
REX TSLA Growth & Income ETF $TSII
Amount: $0.1134
REX WMT Growth & Income ETF $WMTI
Amount: $0.1116
*As of 8/10/26. The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF's Distribution per Share by fifty-two (52), and dividing the resulting amount by the ETF's most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return.
**As of 7/31/26. The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period, expressed as an annual percentage rate based on such ETF's share price at the end of the 30-Day period.
***NVII, TSII, & WMTI's current distributions consist of estimated return of capital (ROC). For full details on the composition of distributions, please refer to the latest 19a-1 notices. The REX NVDA Growth & Income ETF, the REX TSLA Growth & Income ETF, and the REX WMT Growth & Income ETF have a gross expense ratio of 0.99%. There is no guarantee that the Funds will be successful in their attempt to provide leveraged exposure to the underlying stocks or pay weekly distributions.
The Funds are not suitable for all investors. These distribution rates caused by unusually favorable market conditions may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 1-844-802-4004. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
NVII, TSII, & WMTI Prospectus:
NVII Fund Info and Standardized Performance:
TSII Fund Info and Standardized Performance:
WMTI Fund Info and Standardized Performance:
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$ULTI portfolio update. The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.
Names in red report earnings this week.
Additions: $AXTI $BMNR $DELL $HIMS $NVTS $OKLO $QXO $SPCX $USAR $VRT $WOLF $ZETA
Subtractions: $APLD $BE $CIFR $CLF $CLSK $CORZ $CRWD $INTC $NBIS $RIOT $WDC $WULF
Fund info and standardized performance:
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Weekly NVIDIA Update
SPACEX GOES ALL-IN ON NVIDIA
$SPCX will build its AI services exclusively on $NVDA systems, Elon Musk said on SpaceX's first earnings call. "We think the Vera Rubin architecture is the best AI computer, and we're exclusive to Nvidia." SpaceX expects to exit 2026 above 2 gigawatts of compute and approach 10 gigawatts by the end of 2027, deploying Vera Rubin NVL72 racks on the ground and in orbit through its Starmind satellite program launching next year.
CIS REGION'S LARGEST AI FACTORY OPENS IN ARMENIA
Firebird opened its Hrazdan AI factory built on $NVDA accelerated computing and $DELL PowerEdge servers, going from plan to operating capacity in just over six months. The company plans more than 70,000 Rubin and Blackwell GPUs and 300MW of capacity in Armenia by the end of 2027, part of a roughly 2-gigawatt roadmap spanning Armenia, Kazakhstan and additional markets.
NVIDIA OPENS ITS ROBOTAXI MODEL TO COMMERCIAL USE
$NVDA released Alpamayo 2 Super, a 34-billion-parameter open reasoning model for autonomous driving, for commercial use. Weights are on Hugging Face under the Linux Foundation's OpenMDW-1.1 license, covering fine-tuning, derivative models and commercial redistribution. Developers can train on their own fleet data, distill into in-vehicle compute and ship, all under one license. The Alpamayo family has passed 500,000 downloads and ranks first on the LingoQA driving-reasoning benchmark.
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$DJT reports earnings after the bell today.
$DJTU offers 2X daily long exposure to $DJT, from the T-REX Daily Target ETF lineup.
Fund details: