Options traders are betting on an explosive move in General Electric Co. shares after its earnings on Tuesday, a sign that turbulence in the battered stock may not be over.
Prices of options indicate expectations for about a 9% swing in the conglomerate’s shares after first-quarter earnings are released, according to data provider Trade Alert. That is bigger than the average move of 4.7% that the stock posted after the past eight earnings releases. The forecast measures the size of the move, not the direction.
📉 this company can’t do anything right
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber could go public with a valuation higher than GE, Caterpillar or Morgan StanleyUber is different from its potential market-cap peers in a key way — it's not making money. Uber loses money hand over fist, has shady backing, and no pathway to profitability while being a litigation magnet. But sure, value it as the best thing ever. Wall Street has balls, I'll say that. This would be rape of main street by Wall Street, which is not new. Nicely written post, If you into trading, checkout instacryptonews, I think they follow all major coins and have instant retweets. Great short stock opportunity
Source: CNBC - 🏆 12. / 72 Read more »
Snap could see a 15% move when it reports earnings, traders sayThe options market implies a post-earnings move of 15% in either direction for the social media giant's stock, and trader Dan Nathan sees more potential risk than reward. OptionsAction buy buy buy up to 20!! j/k this is a dog!!!! OptionsAction This POS is selling off to $7.
Source: CNBC - 🏆 12. / 72 Read more »
Investors brace for a roller-coaster week ahead with Fed decision and Apple, Alphabet earningsFed Chairman Jerome Powell is expected to emphasize that the Fed is patient and will hold interest rates steady. Relax, The Fed has been neutered. Roller coaster? Naw.....feds in a sleep no worries. rate increase PLEASE PLEASE PLEASE!
Source: CNBC - 🏆 12. / 72 Read more »
European markets seen slightly higher as investors brace for earnings delugeEquity markets in Europe are set to start Tuesday's session slightly higher as investors monitor a number of geopolitical issues and look ahead to a new earnings season. How to ensure your profits as an investor?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks end the day little changed as Wall Street braces for a corporate earnings delugeWe celebrated CNBC's 30th anniversary by ringing the closing bell at NYSE today. Stocks closed flat, with the S&P 500 holding above the critical 2,900 level. NYSE ClosingBell NYSE Most Well Come S&P Unit Everybody and New York Stock Exchanges and CNBC Business News Everybody
Source: CNBC - 🏆 12. / 72 Read more »
Big Bitcoin Exchange Ends Bid to Lure High-Speed TradersCryptocurrency exchange Coinbase is ending an ambitious effort to win over high-frequency traders, the latest sign that bitcoin companies are having trouble attracting mainstream financial players. most of volume is fake duh Oh well...screw them
Source: WSJ - 🏆 98. / 63 Read more »
Tesla misses big on first-quarter earnings as demand fell for electric carsAfter lackluster Model 3 deliveries, Tesla posted a wider-than-expected loss and less revenue than anticipated during the first quarter. Never store your crypto on any exchange ! It is not secured, Get a New Ledger Nano X today at discount price Demand fell for Teslas dawg...don’t conflate it! Did sales of total EV increase during the same period? Are consumers switching to other brands?
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street pauses ahead of big earnings waveU.S. stocks were little changed on Monday, as investors were cautious ahead of a... Thank you, Mr. President!
Source: Reuters - 🏆 2. / 97 Read more »