Options traders are anticipating a potential 4.8% stock price swing for Zions Bancorp following its earnings release on July 20. The bank's stock has exceeded the options-implied move in two of its last four earnings announcements.
Shares of Arm Holdings fell sharply as investors took profits amid a broader sell-off in high-valuation technology stocks, with specific concerns over supply-chain bottlenecks and upcoming earnings amplifying the move.
The options market is pricing in a potential 2.4% stock price move for AGNC Investment Corp. following its quarterly earnings report on July 20. Historically, the mortgage REIT's stock has surpassed this implied volatility in three of the last eight reporting periods.
A coalition of approximately a dozen U.S. states reportedly plans to file an antitrust lawsuit to block Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery. The legal challenge, reported by Bloomberg, raises significant regulatory hurdles for the media mega-merger.
Bitcoin fell on Tuesday as investors moved away from risk assets following U.S. military strikes in the Middle East and a concurrent sell-off in technology stocks, overshadowing recent positive inflows into spot ETFs.
The world's largest cryptocurrency recovered alongside a rally in technology shares, putting it on track for a weekly increase as broader market risk appetite improved. Meanwhile, major altcoins posted a mixed performance for the week.
Bitcoin traded steadily above $64,000, supported by a new U.S. law banning a central bank digital currency until 2030 and a key federal banking approval for stablecoin issuer Circle.
The world's largest cryptocurrency maintained its position above the $64,000 mark over the weekend, showing resilience to geopolitical flare-ups in the Middle East as traders also monitor key regulatory and protocol developments.
The enterprise software company generated $466.7 million in net proceeds from selling Class A common stock but did not add to its substantial bitcoin holdings, according to a recent press release.
