REX Shares

Meet $DRNZ, the REX Drone ETF.

$ULTI portfolio update. The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed. Names in purple report earnings this week. Additions: $ENPH $FLY $LITE $LUNR $NBIS $OUST $PCT $POET $RKLB $SEDG Subtractions: $AAOI $AMPX $CRCL $CRWV $INTC $IONQ $QUBT $RDW $SNDK Fund info and standardized performance: rexshares.com/ulti/

U.S. Market Events This Week Tuesday CB Consumer Confidence Wednesday ADP Employment Change Weekly API Weekly Crude Oil Stock $SNOW Earnings Thursday Initial Jobless Claims Crude Oil Inventories New Home Sales Core PCE Price Index GDP Friday U.S. Baker Hughes Total Rig Count CFTC S&P 500 speculative net positions

Everyone talks about eVTOL for passengers. AutoFlight is building for cargo. This week: a successful three-aircraft mixed-fleet formation flight: one 5-ton V5000 Matrix and two 2-ton aircraft coordinating autonomously across communication links, route planning, and safety control. The V5000CGH: 1.5-ton payload, 930-mile range, 174 mph cruise speed. Airworthiness certification just kicked off without a hitch. To put this in context, that's a longer route than New York to Chicago Offshore energy supply. Emergency logistics. Inter-provincial heavy freight. All accessible at rapid rates with no runway required. uasweekly.com/2026/05/26/aut…

The U.S. Army's FY2027 budget just landed. The numbers tell the story: Apache funding: $361M → $1.5M Black Hawk funding: $913M → $39M Chinook funding: $629M → $210M 6,500 aviation positions cut. Drone and autonomy investment up. At Fort Carson right now: 450 developers "jailbreaking" hundreds of pieces of Army equipment to make them talk to each other. Army Secretary Driscoll called it "Amazon for war" — a procurement marketplace for drones and counter-drones available to 25 allied nations. "We know we don't want to continue to use a Patriot missile to shoot down a cheap drone. You've got to get on the right side of the cost curve." Another doctrinal shift signaling the start of the Drones era. foxnews.com/politics/army-…

Japan is fielding a military drone made of cardboard. The AirKamuy 150: $2,500. 74 mph. Flat-packed. 500 per shipping container. Assembles in five minutes. Can be manufactured at any cardboard factory in the country. The Japan Maritime Self-Defense Force is already using them. Defense Minister Koizumi confirmed it publicly in April. Military advantage will come from the ability to turn civilian manufacturing capacity on like a switch. techspot.com/news/112274-ja…

Weekly Tesla Update TESLA EXPANDS FSD TO CHINA $TSLA launched “Full Self-Driving (Supervised)” in China after years of regulatory delays, entering a market where rivals like Xiaomi, Xpeng, and Baidu-backed Apollo Go already offer advanced autonomous-driving systems. The rollout could strengthen Tesla’s competitiveness in the world’s largest EV market amid intensifying local competition. TESLA RAISES MODEL Y PRICES $TSLA increased U.S. prices for several Model Y variants for the first time since 2024, with premium trims rising by up to $1,000. The move may signal improving demand or margin stabilization efforts following a prolonged period of price cuts and softer EV sales growth. TESLA ENDS MODEL S & X PRODUCTION $TSLA has officially ended production of the Model S and Model X after 14 and 11 years respectively, shifting Fremont factory capacity toward Optimus humanoid robot production. The move underscores Tesla’s transition from legacy premium EVs toward AI, robotics, and autonomous mobility as Model 3 and Model Y dominate deliveries.

Daily REX Market Recap Index Focus: Solactive FANG Innovation, +2.40% Equity Focus: EOSE Energy, $EOSE, +14.91% Recap: US stocks rose as optimism grew around a potential US-Iran peace deal. The Dow hit a record high, while Nvidia earnings and easing oil prices boosted sentiment. Top gainers and losers*

Weekly AI Update MICROSOFT & EY AI PUSH $MSFT and EY launched a strategic partnership valued at over US$1B to help enterprises scale AI adoption beyond pilot programs. The alliance will target finance, HR, tax and supply chain operations, combining Microsoft’s AI technology with EY’s consulting and transformation expertise. OPENAI IPO PLANS OpenAI is reportedly preparing for a confidential U.S. IPO filing within weeks, targeting a potential public debut as early as September. The $852B AI leader is working with Goldman Sachs and Morgan Stanley as investor demand for major AI listings continues to surge. NVIDIA CAPITAL RETURNS $NVDA posted record Q1 revenue of US$81.6B alongside a boosted dividend and massive US$80B buyback authorization. The repurchase plan underscores NVIDIA’s AI-driven cash generation while giving flexibility to offset dilution and manage risks tied to export controls and rising custom AI chip competition.

Now Trading: Two T-REX ETFs T-REX 2X Long ASTS Daily Target ETF, $ASUP T-REX 2X Long LITE Daily Target ETF, $LITU $ASUP offers 2X daily leveraged exposure to AST SpaceMobile, Inc., $ASTS, a satellite designer and manufacturer. $LITU offers 2X daily leveraged exposure to Lumentum Holdings Inc., $LITE, manufactures and sells optical and photonic products. Learn more: rexshares.com/trex

$NVDA reported Q1 FY27 last night. Revenue: $81.6B (consensus $78.79B) Non-GAAP EPS: $1.87 (consensus $1.77) Data Center: $75.2B (92% of total, +92% YoY) The 13th straight beat, and a Q2 FY27 guide ($91.0B) that lifts the run-rate above the hyperscaler capex curve. The capex curve from earlier this week was the lens for reading it. Full breakdown, now with the actuals: rexshares.com/nvidia-q1-fy27…

Now Trading: Two New T-REX ETFs - T-REX 2X Long ASTS Daily Target ETF, $ASUP - T-REX 2X Long LITE Daily Target ETF, $LITU $ASUP offers 2X daily leveraged exposure to AST SpaceMobile, Inc., $ASTS, a satellite designer and manufacturer. $LITU offers 2X daily leveraged exposure to Lumentum Holdings Inc., $LITE, manufactures and sells optical and photonic products. View the fund prospectus: ASUP Prospectus: rexshares.com/wp-content/upl… LITE Prospectus: rexshares.com/wp-content/upl…

BREAKING Initial Jobless Claims Act.: 209K, Est.: 210K, Prev.: 212K

MIT just published MIGHTY, a new open-source trajectory planning system for autonomous drones. It reacts to obstacles in milliseconds. Reaches destinations 15% faster than state-of-the-art methods. Runs entirely on the drone's onboard computer. No proprietary software. No six-figure licensing fee. This matters beyond the lab. A critical constraint on autonomous drone deployment is the intelligence layer. The ability to navigate dynamic, unpredictable environments in real time without human input will unlock deployment at lower cost across all verticals. #DRONES, #MIT, #UAV, #AUTONOMOUSDRONES news.mit.edu/2026/new-resea… $DRNZ

Distribution News for REX IncomeMax™ Option Strategy ETF Holders! Pay date: 05/22/2026 Amount: $0.1850 $ULTI Prospectus: rexshares.com/wp-content/upl… $ULTI Fund Info and Standardized Performance: rexshares.com/ulti/

Daily REX Market Recap Index Focus: Solactive FANG Innovation, +2.40% Equity Focus: Redwire, $RDW, +6.18% Recap: U.S. stocks rallied as oil prices and bond yields fell ahead of Nvidia earnings. Fed inflation concerns persisted, while Nvidia, Target, and Lowe’s boosted investor sentiment. Top gainers and losers*

Nvidia Corp, $NVDA, earnings were released this afternoon. EPS: expected $1.77, reported $1.87 Beat: +5.65% Revenue: expected $79.12B, reported $81.60B Beat: +3.13%

Launching Tomorrow: Two T-REX ETFs - T-REX 2X Long ASTS Daily Target ETF, $ASUP - T-REX 2X Long LITE Daily Target ETF, $LITU $ASUP offers 2X daily leveraged exposure to AST SpaceMobile, Inc., $ASTS, a satellite designer and manufacturer. $LITU offers 2X daily leveraged exposure to Lumentum Holdings Inc., $LITE, manufactures and sells optical and photonic products. View the fund prospectus: ASUP Prospectus: sec.gov/Archives/edgar… LTIU Prospectus: sec.gov/ix?doc=/Archiv…

Twelve straight beats. Can $NVDA make it thirteen with the magnitude compressing every year? $MSFT, $GOOG, $AMZN, $META committed $130.6B to capex in Q1 (+193% in nine quarters). Almost every dollar of it cycles through one P&L. Full setup live now, actuals appended after the wire: rexshares.com/nvidia-q1-fy27…