Lam Research Could Swing $28.6 Billion After Earnings
Discover 9 stocks with the biggest options-implied earnings moves, led by Spotify at 9.31%, as investors prepare for key quarterly results.
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BMO Capital analyst Brian Pitz maintains Netflix (NASDAQ:NFLX) with a Outperform and lowers the price target from $135 to $125.
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Discover 9 stocks with the biggest options-implied earnings moves, led by Spotify at 9.31%, as investors prepare for key quarterly results.
Tech stocks declined on October 16, 2026, as investors rotated into defensive sectors. The Nasdaq Composite fell 1.09% while the S&P 500 dropped 0.34%, with energy, materials, and financial stocks leading gains. Chipmakers faced selling pressure amid concerns about borrowing costs and AI debt fears. Tesla erased early gains, Netflix declined following leadership changes, and CoreWeave tumbled nearly 10%.
Nine of 11 sectors are higher in Friday’s regular session, with cyclical sectors holding the top three positions. The leaders are separated rather than clustered, with no single gap clearly standing apart from the other breaks across the table.