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Traders are betting on big moves in Intel on earnings
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Traders are betting on big moves in Intel on earnings
Finance
Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after the company forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4 […]
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Finance
Risky meme trading is back. A trading rule change may have lit the fuse
Key Points April’s rally in risk assets, fueled in part by an Iran ceasefire, has emboldened individual investors to pile back into volatile trades. A key catalyst may be a recent rule change by the U.S. Securities and Exchange Commission. The regulator approved a proposal to eliminate the so-called pattern day trader rule. Source
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Finance
Kalshi traders don’t see Strait of Hormuz traffic returning to normal until July
Key Points Bettors on prediction markets platform Kalshi now see the chances of traffic in the Strait of Hormuz returning to normal in June as below 50%. Those bettors think there’s a 59% chance traffic is back to normal by July, and a 61% chance by August. Kalshi defines normal traffic as transit through the […]
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