Happy Tuesday! The biggest week of the earnings season is here with a wave of mega-cap stocks set to report, with Wall Street bracing for some massive swings. Discover the 10 mega-cap stocks Wall Street expects to make the biggest post-earnings moves.

But beyond those headline-grabbing mega-caps, a pivotal earnings clash is also brewing in the Dow, where a wave of blue-chip reports could reshape the broader market. With key leaders reporting in tandem, this is where momentum could surge, or come to an abrupt halt.

Plus, if you’re looking for a new way to harness alternative data with institutional-grade precision, check out today’s sponsor.

In Today's Edition

• TOP STORY

• TODAY’S SURVEY 📊

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

Earnings Watch: These Mega-Cap Stocks Have The Biggest Implied Moves This Week

Five of the Magnificent Seven stocks are set to report earnings this week, in addition to energy giants Exxon and Chevron that will report later this week too.

However, despite the nearly $20 trillion in combined market capitalization between them, the loudest signal from the options market isn’t coming from any of them.

Read on to see the 10 mega-cap stocks that Wall Street predicts will have the largest implied post-earnings moves this week. With expected moves up to 20%, this article is one you won’t want to miss.

Powerhouse Line Up Of Alt Data Providers Join New ADC Platform

What if you could turn fragmented alternative data into a trusted market benchmark?

Wall Street revenue consensus averages estimates from many sell-side analysts, each with different models, to arrive at a central expectation.

For the first time, a new Alt Data Consensus (ADC platform) will apply the same logic to alternative data: many vendors, many methodologies, one synthesized signal.

Alternative data providers spanning consumer transaction data, workforce intelligence, web traffic, app and mobile intelligence, geolocation data, survey data, and more are integrated into the ADC platform.

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ADC launches on May 14th at BattleFin Discovery Day, New York.

Yesterday: U.S. indexes were mixed Monday, with the S&P 500 and Nasdaq making new all-time highs, while the Dow finished down on the day as investors balanced strong earnings momentum against rising geopolitical tensions in the Middle East. Gains were capped by higher oil prices after stalled U.S.-Iran peace talks and renewed disruptions in the Strait of Hormuz. Markets will now shift their attention on the FOMC meetings today and tomorrow, where policymakers are expected to hold interest rates steady for a third consecutive time. The Fed’s preferred PCE gauge — which will be released Thursday — is expected to rise to 3.6% as energy prices continue to soar due to the pro-longed war with Iran.

On Our Radar: Analysts will be paying attention to today’s consumer confidence report, as well as tomorrow’s report on housing starts and building permits. On the earnings front, all eyes will be on Alphabet (GOOG) and Microsoft (MSFT) which will report after the market close on Wednesday.

Shares of Nvidia (NVDA), Sandisk (SNDK), and Micron (MU) were some of the biggest winners on the day, while Domino’s Pizza (DPZ), Dollar Tree (DLTR), and Super Micro (SMCI) 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.

ARK Moves: A new IPO backed by Amazon drew strong investor demand, but ARK’s rapid purchases are what’s turning heads on Wall Street heads. Read on to see why.

$20 Trillion Path: Nvidia’s long-term upside remains intact, but its near-term dominance is showing early strain as AI shifts and rivals gain ground. Discover why the $20 trillion path just hit a 2026 problem.

Crude Warning: Goldman Sachs is raising its oil price outlook again. And with forecasts climbing and scenarios pointing to more upside risk, the real question isn’t where prices are now, but how high they could go. Here’s all the details.

Congress Trades: After zero trades last year, this congresswoman has gone on a buying spree over the past month. See the latest disclosures to see what she could be hinting at what is to come.

Stock Of The Day: Shares of Intel have more than double in the past month, but the latest price action is starting to look less like momentum — and more like hesitation. See what traders are watching and where shares are likely headed next.

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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