Happy Tuesday! Earnings season is nearing an end, but there’s still plenty of opportunities for some big moves this week — including a number of companies that could swing more than 15%. Are you positioned ahead of the next potential breakout?

And shares of this company were trading near all-time lows until yesterday’s major announcement sparked a surge of 115%, becoming one of the market's biggest winners on Monday. Read on to see what this announcement is, why it changed everything, and what it means for the company going forward.

Plus, if you’re looking to amplify moves and trade SpaceX with leverage, check out today’s sponsor.

In Today's Edition

• TOP STORY

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

BENZINGA TRIVIA CHALLENGE

Put your market smarts to the ultimate test by taking today’s trivia challenge and win some awesome prizes (Benzinga PRO, Benzinga EDGE).

The best part? It only takes 30 seconds.

Missed yesterday’s quiz? Catch up here. To improve your chances of winning, take the quiz each day and aim to beat your previous best score. You know more than you think.

10 Stocks With Biggest Implied Moves This Week

We’re nearing the end of the earnings season, but there’s still plenty of opportunities in the market with earnings from Micron, FedEx, Carnival, Cerebras, and Paychex just to name a few.

Using data from Benzinga Pro, option markets are pricing in implied moves of more than 15% for these 10 companies with market capitalizations above $10 billion. In moments like this, timing becomes everything. Are you on the right side of the trade?

Direxion Lifts Off With LOFF: Daily SpaceX Bull 2X ETF

SpaceX (Ticker: SPCX) began trading on the Nasdaq this month. Behind the ticker is the mammoth company that launches most of the world's rockets and runs Starlink, the satellite network with more than 10,000 satellites in orbit.

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Yesterday: U.S. indexes finished mixed Monday as a big sell-off in tech stocks weighed on the Nasdaq, while strength in industrials and small caps helped lift the Dow and pushed the Russell 2000 to a record close. Investors rotated out of several high-profile growth names, with Amazon, Alphabet, and Meta posting notable declines, while SpaceX extended its three-day slide after announcing plans to raise $20 billion to fund investments. Treasury yields continued to climb following last week's hawkish Federal Reserve meeting, with the 2-year Treasury note reaching a new 2026 high and supporting further gains in the U.S. dollar. Meanwhile, oil prices moved lower after reports of progress in U.S.-Iran negotiations, easing concerns about potential supply disruptions and helping improve broader market sentiment.

On Our Radar: Wall Street will be paying attention to the latest S&P Global flash PMI readings for the U.S. services and manufacturing sectors, along with the API's weekly crude oil inventory report. On the earnings front, all eyes will be on FedEx (FDX), and Cerebras (CBRS) which will report today after the market close.

Shares of Super Micro (SMCI), Coherent (COHR), Micron (MU) and Corning (GLW) were some of the biggest winners on the day, while SpaceX (SPCX), Palantir (PLTR), Netflix (NFLX) and Google (GOOG) were some of the biggest laggards on the day. But those weren’t the only companies making big moves. Here’s a look at the top winners and losers from Monday.

See how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

$400 billion: SpaceX just erased over $400 billion in market cap, making it the second largest one-day drop in Wall Street history. Discover why the high-flying stock got crushed and what investors expect next after the historic sell-off.

Bulls & Bears: Here’s a look at some of the most notable stocks (SpaceX, SanDisk, Western Digital, Super Micro, Tesla, Micron, Palantir, etc.) making headlines over past week. Catch up on all the top movers now.

Trading Odds: Congressional stock trading remains one of Washington's most controversial issues. Yet despite growing scrutiny, prediction market bettors see a very different outcome than many investors expect.

Disney Dilemma: A record-setting weekend from Toy Story gave Disney something to celebrate, however, the stock remains stuck in neutral. Here’s why.

Stock Of The Day: Shares of Western Digital are up more than 30% in the past week. Will the rally keep going, or are shares extremely overbought? Read on to see what levels traders are watching and where shares are likely headed next.

See How Congress Is Trading The Market

Benzinga Edge’s Government Trade Tracker lets you monitor stock trades filed by U.S. lawmakers under the STOCK Act. See over 440 active trades across 185 members of Congress, with average performance tracking near +16.9%. Over the past 12 months alone, lawmakers have pulled more than $91 million out of the market — revealing themes retail investors often miss.

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