Happy Tuesday! Earnings season is heating up, with Wall Street bracing for some big swings in these 7 AI stocks. Are you positioned ahead of the next potential breakout?

Quantum computing is emerging as one of the next major investment frontiers, and the first wave of capital is already flowing in. Discover the three stocks gaining Wall Street attention.

Plus, if you’re looking to level up your options trading skills and better navigate market volatility, check out today’s sponsor and the upcoming free webinar.

In Today's Edition

• TOP STORY

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

7 Stocks With The Biggest Implied Moves This Week

We’re in the middle of the earnings season with plenty of opportunities and volatility. This week there’s seven AI-linked stocks with combined market caps of more than $800 billion.

Using data from Benzinga Pro, option markets are pricing in implied moves between 10% and 15%. In moments like this, timing becomes everything. Are you on the right side of the trade?

Learn How To Time The Markets With Options In This CBOE And Benzinga Webinar

Managing risk in volatile markets can be tricky, but for options traders opportunities abound. But you have to be careful with the timing. After all, time to expiration of options is a big consideration that can influence potential outcomes. Join Cboe and Benzinga for an exclusive online webinar at 11 a.m. ET, Thursday, May 7, to learn how to use time option expirations to take advantage of volatility.

Through the webinar you will learn what 0DTE and LEAPS® are, how time to expiration influences trading decisions and outcomes, and how spreads may be used to define risk around exercise and settlement. Whether you are new to options trading or a veteran, this webinar will help you take your option trading to the next level.

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Yesterday: U.S. indexes tumbled Monday, as escalating tensions in the Middle East rattled investor sentiment, driving energy prices sharply higher. Reports of direct military exchanges between the U.S. and Iran, along with Iranian missile strikes targeting the U.A.E., heightened concerns that any peace deal is still a long ways away, further dragging out the oil disruption in the Strait of Hormuz — where 20% of the global oil transits. The spike in oil prices weighed on fixed income markets, with Treasury yields rising sharply, pushing the two-year note to 3.95%, as investors dialed back expectations for Federal Reserve rate cuts this year and began factoring in the possibility of a rate hike in 2027.

On Our Radar: Analysts will be paying attention to job openings and new home sales data for signals on labor demand and housing activity, alongside speeches from Fed officials Michelle Bowman and Michael Barr. On the earnings front, all eyes will be on AMD (AMD), and Super Micro Computer (SMCI) which will report after the market close today.

Iranian drone strike on the UAE sent oil surging, increasing expectations of a Federal Reserve rate hike by March 2027, sending markets tumbling. Still, there were a few bright spots with Tyson Foods (TSN), Coinbase (COIN) and eBay (EBAY) among the notable gainers. Meanwhile, AMD (AMD), Gamestop (GME), UPS (UPS) and FedEx (FDX) were among the top laggards of 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.

Quiet Rotation: The usual Magnificent 7 leaders are still present, but they’re no longer leading. A new wave of winners is emerging in places most investors aren’t watching closely. See the top 10 stocks and new ruling class now.

Charged Up: Tesla’s dominance in EVs isn’t disappearing, but it’s starting to blur as competitors quietly stack up software, scale, and pricing. One rival just posted numbers that hint the race may be tightening faster than many expect. Read on for all the details. 

Meme Takeover: Gamestop’s surprising bid to acquire eBay is sending shockwaves across Wall Street. With major financing in place and bold ambitions, is this the turning point the company needs, or a gamble that could backfire in spectacular fashion?

Best Kept Secret: While investors chase familiar market leaders, one lagging sector may be quietly setting up for a surprise comeback. The signals are stacking fast, don’t miss what smart money may already be moving on.

Stock Of The Day: Shares of Stryker are back in familiar territory where big moves have taken place. See what traders are watching and where shares are likely headed next.

8 Little-Known Tickers To ‘Backdoor’ Into SpaceX (Pre-IPO)

SpaceX is set to be the largest IPO ever. But pre-IPO shares are locked behind a velvet rope reserved for hedge funds and Silicon Valley insiders. We uncovered 8 little-known tickers with major SpaceX exposure baked right in. Grab one and you're positioned for the potential ripple when Elon rings the bell.

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