Morning Movers
Gapping up
$FedEx (FDX.US)$ stock soared 8.6% after the delivery giant reported better-than-expected earnings in the fiscal second quarter, while also announcing that it’s planning on spinning off its freight business.
$Eli Lilly and Co (LLY.US)$ stock rose 5.5%, with the drugmaker’s gains reflecting growing confidence in its competing obesity treatments.
Gapping down
$Nike (NKE.US)$ stock slumped 7.4% after the sports...

News Highlights
1. Shares of $Micron Technology (MU.US)$ jumped 5% on Monday as market participants reacted to positive comments from industry analysts ahead of the company's first-quarter earnings report.
The most traded calls are contracts of $115 strike price that expire on Dec. 20. with the total volume reaching 28,989 with the open interest of 15,474.
JPMorgan analyst Harlan Sur reiterated an Over...

$Micron Technology (MU.US)$ is expected to release earnings on 18 Dec2024 after the market closes (AMC).
MU last reported earnings on 25 Sep 2024 after the market close (AMC). MU shares gained +14.7% the day following the earnings announcement to close at 109.76. Following its earnings release, 82 days ago, MU stock has drifted -1.4% lower.
From the time it announced earnings, MU traded in a range between 95.53 and 114.30. The last pric...

$NVIDIA (NVDA.US)$ bears are selling millions of dollars in call options that could be profitable if the stock stays on a downward trajectory through early 2025.
On Monday, Nvidia logged its seventh decline in eight sessions, taking its losses from a record close to more than 10%. That meets the technical definition of a correction. The market leader in chips that power artificial intelligence applications (AI) extended its losses,...

$NVIDIA (NVDA.US)$ hmmmm could we finish green??