Section
The latest stocks coverage from the TrustFinance editorial desk.
Shares of the chip designer fell sharply after analysts from HSBC and Benchmark raised concerns about the company's high valuation following its AI-driven rally. The cautious outlook comes ahead of Arm's quarterly earnings report later this month.
Options traders are pricing in a potential 8.4% move for Deckers Outdoor Corp. stock following its upcoming earnings report, though the company has a history of even larger post-announcement swings.
Options data suggests traders are bracing for a 4% stock price swing for Lockheed Martin following its earnings report on July 23, though historical data shows the actual moves have often been larger.
Eni CEO Claudio Descalzi stated that prolonged disruptions in the Strait of Hormuz are prompting the oil and gas sector to redirect significant investments toward Southeast Asia and Latin America, viewing the Middle East as a higher-risk region for the long term.
Shares of the pool equipment maker are recovering from a sector-wide slump triggered by a competitor's weak forecast, as investors weigh the company's individual fundamentals and a favorable inflation report.
The options market is anticipating a potential 8.2% swing for Freeport-McMoRan's stock following its upcoming earnings release on July 23, according to data compiled by Bloomberg.
A joint $53 billion takeover offer for PayPal from Stripe and Advent International is being viewed as an opening bid, with PayPal's stock trading at a significant discount to the $60.50 per share offer price.
Options traders are anticipating an 11% swing in Molina Healthcare's stock price following its July 23 earnings report, with historical data showing the stock has a record of exceeding such expectations.
Investors betting against SpaceX are sitting on an estimated $8.7 billion in paper profits since the company's IPO, as its share price has fallen below the initial offering level, according to data from Ortex Technologies.
