The options market is anticipating a 12% move in QuantumScape shares following its July 22 earnings report, according to Bloomberg data. Historical analysis shows the stock's actual post-earnings move has exceeded options-based expectations in four of the last eight quarters.
Options traders are pricing in a potential 5.4% swing for Crown Castle shares following its upcoming earnings report, though historical data shows the stock has often moved more dramatically than implied.
Options traders are anticipating a potential 3.8% price swing for CME Group shares following its earnings release on July 22, according to Bloomberg data. Historically, the stock has exceeded the implied move in three of the last eight earnings announcements.
StubHub shares fell as the company faces an investigation by the Texas Attorney General into its FIFA World Cup ticket sales, a class-action lawsuit, and analyst warnings over potential revenue impacts from price caps.
The ticket reseller's stock declined after a Citi report estimated a potential $95 million hit to EBITDA from a growing trend of state and local laws capping resale prices.
Major financial institutions including Goldman Sachs, JPMorgan, and Morgan Stanley are reporting record or near-record earnings from their prime brokerage units. The surge is driven by increased lending to hedge funds, market volatility, and strong growth in Asia.
Jones Ventures INTL Acquisition1 Corp., a special purpose acquisition company, has raised $200 million in its initial public offering. The company's units are now trading on the Nasdaq Global Market under the ticker 'JONEU'.
Morgan Stanley maintains a constructive outlook on the aerospace and defense sector, citing strong commercial demand and defense spending, but has become more selective with its stock ratings due to recent valuation shifts.
The water solutions company cut its Q2 sales and full-year guidance due to a severe inventory correction in its pool business. The sudden departure of its chief financial officer after just four months added to investor concerns.
