StubHub Options Signal 13% Move Ahead of Q1 Earnings Release
Earnings James Calloway

StubHub Options Signal 13% Move Ahead of Q1 Earnings Release

Options traders anticipate a 13% swing for StubHub (STUB) ahead of its May 13 earnings report. The company faces regulatory and competitive pressures.

STUB
Dow Jones Slips Below 50,000 as Chip Stocks Drag, Focus Shifts to Jobs Data
Markets Daniel Marsh

Dow Jones Slips Below 50,000 as Chip Stocks Drag, Focus Shifts to Jobs Data

The Dow Jones Industrial Average fell below 50,000 on Thursday as chip stocks retreated and investors awaited the monthly jobs report.

DIA SPY QQQ CAT MRK JPM CVX SHW ARM INTC AMD DDOG CRWD PANW USO GLD
Dow Dips Below 50,000 as Oil Drop Weighs on Energy Stocks
Markets Daniel Marsh

Dow Dips Below 50,000 as Oil Drop Weighs on Energy Stocks

The Dow slipped below 50,000 by midday Thursday as oil prices fell nearly 3% on hopes for a U.S.-Iran deal, dragging energy shares lower.

SPY DIA QQQ DDOG CRWD PANW ARM SNAP WHR
Symbotic Stock Dips Despite Profit as $22.7B Backlog Faces Walmart Test
Earnings James Calloway

Symbotic Stock Dips Despite Profit as $22.7B Backlog Faces Walmart Test

Symbotic shares slipped 2.3% despite posting a $9M profit and $676M revenue, as the $22.7B backlog faces heavy reliance on a single customer.

SYM WMT
Qualcomm Jumps 11% on Hyperscaler AI Chip Deal; Valuation Debate Intensifies
Technology Sarah Chen

Qualcomm Jumps 11% on Hyperscaler AI Chip Deal; Valuation Debate Intensifies

Qualcomm shares surged 11% after revealing a leading hyperscaler will receive its custom AI chips, sparking debate over the company's valuation.

QCOM NVDA AVGO AMD
Howmet Aerospace Surges on Strong Q1 Results, Lifts 2026 Outlook
Earnings James Calloway

Howmet Aerospace Surges on Strong Q1 Results, Lifts 2026 Outlook

Howmet Aerospace reported strong Q1 results, beating estimates and raising its 2026 outlook amid robust demand from commercial aerospace and defense.

HWM BA RTX GE
Novavax Surges on Pfizer Deal, Q1 Revenue Beat Despite Weak Vaccine Sales
Earnings James Calloway

Novavax Surges on Pfizer Deal, Q1 Revenue Beat Despite Weak Vaccine Sales

Novavax reported Q1 revenue of $139.5M, beating estimates, driven by $30M from Pfizer's Matrix-M license. Shares rose further as licensing income offset weak COVID vaccine sales.

NVAX PFE SNY MRNA
Live Nation's Ticketmaster Axes 350 Jobs Amid Antitrust Overhaul
Regulation James Calloway

Live Nation's Ticketmaster Axes 350 Jobs Amid Antitrust Overhaul

Ticketmaster has laid off 350 employees, or 8% of its global workforce, as parent Live Nation restructures amid a pending antitrust ruling and a $371 million operating loss.

LYV
CrowdStrike Surges Past $500 on AI Security Momentum and Partner Initiatives
Technology Sarah Chen

CrowdStrike Surges Past $500 on AI Security Momentum and Partner Initiatives

CrowdStrike shares surged past $500 on Thursday, buoyed by a new partner app and a Mizuho upgrade, as AI security momentum returns to the spotlight.

CRWD
Shake Shack Stock Tumbles 28% on Q1 Loss, Rising Beef Costs, and CFO Change
Earnings James Calloway

Shake Shack Stock Tumbles 28% on Q1 Loss, Rising Beef Costs, and CFO Change

Shake Shack shares plunged 28% on Thursday after the burger chain reported a quarterly loss and missed revenue estimates. Rising beef costs and a CFO transition added to investor concerns.

SHAK
IREN Stock Rises Ahead of Q3 Earnings; Mirantis Deal and AI Pivot Under Scrutiny
Earnings James Calloway

IREN Stock Rises Ahead of Q3 Earnings; Mirantis Deal and AI Pivot Under Scrutiny

IREN Ltd. shares rose 1.6% to $61.94 ahead of fiscal Q3 earnings, with focus on AI cloud revenue from its $625M Mirantis deal and the new Sweetwater 1 data center.

IREN MSFT DELL
SoundHound AI Earnings Preview: Options Signal 16% Swing as OASYS Launch and LivePerson Deal Loom
Earnings James Calloway

SoundHound AI Earnings Preview: Options Signal 16% Swing as OASYS Launch and LivePerson Deal Loom

SoundHound AI shares rose 2.3% to $9.59 ahead of Q1 earnings. Options pricing implies a nearly 16% swing. Wall Street expects $42.56M in revenue and a 5-cent loss per share.

SOUN