Options data suggests a potential 8.3% swing for Domino's Pizza (DPZ) shares following its July 20 earnings report, though the stock has exceeded implied volatility in four of the last eight quarters.
Options traders are pricing in a potential 3.7% stock price swing for Steel Dynamics following its upcoming earnings report on July 20. Historical data shows the company's shares have surpassed this implied volatility in half of its last eight quarterly announcements.
Shares of Space Exploration Technologies Corp. fell sharply, approaching their initial public offering price amid a confluence of negative factors including a stark valuation warning, new competitive threats from China, and a broader tech selloff.
RBC Capital Markets has initiated coverage on Costco with a 'Sector Perform' rating and a $1,000 price target, praising the retailer's strong business model but arguing its high valuation already reflects these positives.
The automaker reported a 10% year-over-year increase in preliminary second-quarter vehicle shipments to nearly 1.6 million units, fueled by a 38% surge in its key North American market.
Intel shares declined sharply as a record plunge in SK Hynix's stock triggered a worldwide semiconductor selloff. The drop was compounded by a bearish call from JPMorgan, which named Intel a top short idea ahead of its quarterly earnings.
Copper prices saw a modest gain, buoyed by a softer U.S. dollar and a significant drop in LME stockpiles to a four-month low. Gains were kept in check by rising Middle East tensions that spurred a rally in oil prices.
According to a Standard Chartered analyst note, uncertainty around a strategic shift by major Bitcoin holder Strategy is creating short-term market noise, but the bank is holding its $100,000 price forecast.
Bitcoin is trading in a narrow range just below the critical $64,700 resistance level, with technical indicators suggesting a significant price move is imminent. Analysts are watching for a volume-backed breakout or a potential reversal.
