Earnings Season Highlights

Refresh your browser for the latest updates!

A collection of noteworthy post-earnings reactions

Published on May 16, 2025 at 4:25 PM

Updated on May 16, 2025 at 4:27 PM

Market Recap

{{Title}} Remove

Wall Street Wraps Best Week Since Early April

by Emma Duncan

Published on May 16, 2025 at 1:09 PM

5-Minute Market Rundown

{{Title}} Remove

Wall Street Rallies on Trade Winds, Soft Inflation

by Jake Scott

Published on May 16, 2025 at 12:45 PM

Indicator of the Week

{{Title}} Remove

How Will Stocks Perform This Memorial Day Week?

by Rocky White

Published on May 16, 2025 at 11:56 AM

Midday Market Check

{{Title}} Remove

Stocks Static as Consumer Sentiment Weighs

by Patrick Martin

Stocks are rangebound today after a sluggish open. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are marginally higher, while the Nasdaq Composite (IXIC) drifts between the red and black. Nevertheless, all three major indexes are poised to finish the week with outsized gains.

Wall Street is weighing another weaker-than-expected consumer sentiment reading. The University of Michigan’s survey fell to 50.8 in May, down from 52.2 in April and the second-lowest reading ever. Ahead of May standard expiration in a few hours, $2.8 trillion worth of options contracts are set to expire, the largest number on record for a May, per Goldman Sachs.

There's also tariff drama to unpack, with the Trump administration reportedly sending letters to countries over the next few weeks detailing new rates.

Continue reading for more on today's market, including:

Novo Nordisk stock suffers another setback.
What's the fallout from the Charter-Cox mega-merger?
Plus, Rocket bulls blast off; PT hikes for ZS; and a chip supplier pivots lower.

MMC Stats 516

Rocket Companies Inc (NYSE:RKT) is seeing increased activity in the options pits today. At last check, 47,000 calls have changed hands, volume that's 7 times the average intraday amount and 9 times the number of puts exchanged. New positions are opening at the weekly 5/23, 14-strike call, as well as the 14-strike in the weekly 5/30 series. The fintech stock is up 7.7% to trade at $13.77, and is 29% higher in 2025.

Zscaler Inc (NASDAQ:ZS) is one of the best stocks on the Nasdaq today, last seen 2.8% higher to trade at $252.68 after its second bull note in as many days. Stifel hiked its price target to $270 from $235, and yesterday Mizuho adjusted its number to $250 from $220. The cybersecurity stock is 39% higher year-to-date.

ZS Stock Chart

Applied Materials Inc (NASDAQ:AMAT) is near the bottom of the SPX today, last seen down 6.9% to trade at $162.76. The semiconductor supplier reported second-quarter revenue that fell short of estimates, prompting six price-target cuts from analysts. AMAT is still up 4.5% this week alone and is testing its year-to-date breakeven level today, though the 200-day moving average looms large above.

Published on May 5, 2025 at 2:30 PM

Updated on May 16, 2025 at 11:54 AM

Strategies and Concepts

{{Title}} Remove

Memorial Day Stock Market Holiday Facts

by Schaeffer's Digital Content Team

Yes, the U.S. stock market is closed on Memorial Day. Memorial Day is a federal holiday in the United States, observed on the last Monday of May each year, to honor and remember military personnel who have died in service to the country.

Both the New York Stock Exchange (NYSE) and the Nasdaq follow the federal holiday schedule and remain closed in observance of Memorial Day. This closure is part of their regular holiday schedule, which includes several other federal holidays, to allow traders, investors, and financial professionals to observe and celebrate the day.

What is the History Behind the Memorial Day Holiday?

Memorial Day, originally known as Decoration Day, originated after the Civil War as a day to honor and remember soldiers who died in military service. Its history and evolution are deeply tied to the legacy of the Civil War and the need for national healing.

The first widely recognized observance was on May 30, 1868, when General John A. Logan, leader of an organization for Union veterans, declared the day as "Decoration Day." The date was chosen because it wasn’t the anniversary of a specific battle, allowing it to honor all soldiers. Over time, Decoration Day expanded to honor those who died in all U.S. wars, not just the Civil War.

In 1967, Decoration Day was officially recognized as Memorial Day through federal legislation. In 1971, Memorial Day was declared a federal holiday as part of the Uniform Monday Holiday Act, which established the observance on the last Monday in May to create a three-day weekend for workers. The law aimed to provide a consistent holiday schedule and an opportunity for reflection on national sacrifices.

Is the Stock Market Open or Closed on the Memorial Day Holiday?

All U.S. stock markets are closed in observance of Memorial Day. This includes The New York Stock Exchange (NYSE), Nasdaq, Dow Jones Industrial Average (DJIA), S&P 500 (SPX), and more.

This year the Memorial Day holiday will be recognized on Monday, May 26, 2025. As a result, the U.S. stock markets, including the Nasdaq and New York Stock Exchange, will be closed for the full day, marking a holiday-shortened trading week. The stock market will reopen as normal at 9:30 a.m. ET on Tuesday, May 27, 2025.

What about Bonds? Are Bond Markets Open or Closed on the Memorial Day Holiday?

Yes, bond markets in the U.S. are generally closed on Memorial Day. The bond market, regulated by the Securities Industry and Financial Markets Association (SIFMA), follows a holiday schedule similar to that of the U.S. stock market.

Memorial Day is recognized as a full market holiday, meaning that both the stock and bond markets remain closed for trading. This includes the Treasury and corporate bond markets, giving financial professionals and investors the opportunity to observe the holiday.

How Might You Observe Memorial Day This Year?

In modern times, Memorial Day is observed with a blend of solemn remembrance for fallen military personnel and celebratory activities marking the unofficial start of summer in the United States. Here are common ways people observe the holiday:

Acts of remembrance, like visiting cemeteries/memorials. There is also a Moment of Remembrance at 3:00 PM local time where Americans are encouraged to pause for a minute of silence to reflect on the sacrifices of fallen soldiers.
Community events, like parades and wreath-laying ceremonies.
Patriotic displays, like displaying flags and participating in Memorial Day runs and walks.
Family gatherings, as Memorial Day marks the unofficial start to summer.
Supporting military causes, like volunteering to support veterans' organizations or donating to causes that aid military families.

Memorial Day continues to be a balance of reflection and celebration, honoring those who made the ultimate sacrifice while bringing people together to appreciate freedoms secured through their service.

NEXT MARKET HOLIDAY: JUNETEENTH ON 6/19/25
FOR MORE INFORMATION: Juneteenth Stock Market Holiday Facts

Published on May 16, 2025 at 9:59 AM

Intraday Option Activity
Buzz Stocks

{{Title}} Remove

Novo Nordisk Stock Suffers After C-Suite Shakeup

by Patrick Martin

Published on May 16, 2025 at 9:59 AM

Buzz Stocks
Intraday Option Activity

{{Title}} Remove

What's Next For Charter Stock After the Cable Merger?

by Jake Scott

Published on May 16, 2025 at 9:52 AM

Buzz Stocks

{{Title}} Remove

Beverage Stock Surges as Berkshire Doubles Stake

by Emma Duncan

Shares of Constellation Brands Inc (NYSE:STZ) are up 3.4% at $197.18 at last glance, after Warren Buffett's Berkshire Hathaway (BRK.A) hiked its stake in the beverage company. Now Buffett carries around 12 million shares worth $2.2 billion -- double its previously reported holdings.

STZ has struggled to make any significant upward movement on the charts in 2025, testing the overhead $190 level upon multiple breakout attempts. Heading into today the equity sports a 13.7% year-to-date deficit.

Options traders have been circling calls on STZ of late. The stock's 10-day call/put volume ratio of 2.44 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) stands higher than 80% of readings from the past year.

Meanwhile, data suggests it could be a good time for options traders to target short-term STZ options contracts. For starters, the security has a Schaeffer's Volatility Index (SVI) of 27%, which ranks in the low 18th annual percentile -- suggesting volatility expectations are unusually low right now.

Published on Jun 17, 2022 at 8:00 AM

Updated on May 16, 2025 at 9:51 AM

Strategies and Concepts

{{Title}} Remove

Juneteenth Stock Market Holiday Facts

by Schaeffer's Digital Content Team

On June 19th, 1865, Union soldiers arrived in Galveston, Texas with news that the Civil War had ended and that all slaves were now free. This day is celebrated each year as Juneteenth, and is considered to be the oldest known celebration of the end of slavery in the United States. Juneteenth was recognized as a federal holiday on June 17, 2021, when U.S. President Joe Biden signed the Juneteenth National Independence Day Act into law.

But what does this have to do with the stock market? With Juneteenth officially a federal holiday now, the stock market is closed for the day to commemorate this important day in American history.

What is the History Behind the Juneteenth Holiday?

Juneteenth, also known as Freedom Day or Emancipation Day, commemorates the day that news of the Emancipation Proclamation reached Texas in 1865. The Proclamation, which went into effect on Jan. 1, 1863, declared that all slaves in the United States were to be freed. However, in some U.S. areas without a heavy Union presence, the declaration was unable to be upheld. On June 19, 1865, Union Major Gen. Gordon Granger brought the news to Galveston, Texas, the last state to hold on to institutional slavery.

Today, Juneteenth is celebrated on June 19th across the country. It is a time to reflect on the past and to celebrate the progress that has been made toward equality for all Americans.

Is the Stock Market Open or Closed on the Juneteenth Holiday?

All U.S. stock markets are closed in observance of the Juneteenth. This includes The New York Stock Exchange (NYSE), Nasdaq, Dow Jones Industrial Average (DJIA), S&P 500 (SPX), and more.

This year, Juneteenth falls on a Thursday and, as such, the holiday will be recognized on Thursday, June 19, 2025. As a result, the U.S. stock markets, including the Nasdaq and New York Stock Exchange, will be closed for the full day. The stock market will reopen as normal at 9:30 a.m. ET on Friday, June 20th, for a holiday-shortened week. Juneteenth has been gaining popularity in recent years, and advocacy groups such as the Juneteenth Foundation are working to raise awareness of this important day in American history.

The day off from trading on Juneteenth gives traders, investors, and others tied to stock market hours to celebrate and commemorate the emancipation of enslaved African Americans as part of the holiday.

What about Bonds? Are Bond Markets Open or Closed on the Juneteenth Holiday?

Both the bond market and stock market are closed in observation of the Juneteenth holiday.

As the First Year of Juneteenth as a National Holiday, How Might You Observe Juneteenth?

Juneteenth, also known as Freedom Day or Emancipation Day, marks the day when enslaved African Americans in Texas captured their freedom. While this historic event happened more than 150 years ago, it remains an important day of remembrance and celebration.

There are several ways you can properly honor Juneteenth and support the community with the following organizations and virtual opportunities:

The National Museum of African American History & Culture is hosting an online celebration called, Juneteenth: A Celebration of Resilience. According to their website, the virtual viewing spans two days, from June 19 to June 20. Museum-goers will be able to enjoy a variety of performances, workshops, and panel discussions that focus on the history and significance of Juneteenth. In addition, the museum has put together an interactive timeline that walks online users through the history of Juneteenth and its significance today. The timeline features a variety of primary sources, such as documents, photographs, and audio recordings, that help to bring the story of Juneteenth to life. Whether you're a history buff or simply looking to learn more about this important holiday, the National Museum of African American History & Culture's Juneteenth celebration is sure to offer something for everyone.

Step Afrika!, the first professional company in the world dedicated to the tradition of stepping, is calling viewers to its virtual theater for a Juneteenth performance which will broadcast at 8 p.m. ET on the June 19 holiday. The event will premiere three special works entitled, Trane, Little Rock Nine, and The Movement. Stepping is a dance style that was created by African American college students in the early 20th century and uses the body as an instrument of percussive sound.

Outdoor Afro encourages connections of Black and African American individuals to nature. It is a great way to connect with nature, and the company's mission is an important one. "We encourage everyone to take some time to consider what freedom means to them, and to reflect on the legacy of those who were denied their freedom in America."

The Juneteenth Foundation is a non-profit organization that works to promote the holiday and its history. Every year, the Juneteenth Foundation hosts a festival weekend to celebrate Juneteenth. This year's festival will be both in person and virtual and will include panel discussions, a career fair, and a Juneteenth Freedom Festival. The Juneteenth Foundation is committed to promoting Black advancement and ensuring that everyone has access to equitable opportunities. The Juneteenth festival is a great way to learn more about the holiday and its importance.

Published on May 16, 2025 at 9:19 AM

Opening View

{{Title}} Remove

Stock Futures Rise to Close Out Strong Week

by Jake Scott

Published on May 15, 2025 at 4:25 PM

Updated on May 15, 2025 at 4:27 PM

Market Recap

{{Title}} Remove

Dow Trims 2025 Deficit, S&P 500 Nabs 4th Straight

by Patrick Martin

Published on May 15, 2025 at 1:57 PM

Intraday Option Activity
Editor's Pick
Buzz Stocks

{{Title}} Remove

Which Fintech Stock Should You be Targeting?

by Patrick Martin

Lesser-known Uruguayan fintech stock dLocal Ltd (NASDAQ:DLO) is one of the best stocks on Wall Street today, last seen up 13.4% to trade at $11.59. The company's first-quarter earnings and revenue both topped estimates, prompting a price-target hike from Susquehanna to $18 from $16. DLO has now reclaimed its year-to-date breakeven level and is 17% higher in the last 12 months. How does this stack up against its more prominent sector peers?

LendingClub Corp (NYSE:LC) -- a Top Stock Pick of 2025 -- is down 4% to trade at $10.66, and is now down 34% in 2025. The shares are still up nearly 10% in May alone, but the rally has been stopped short at their 80-day moving average.

Robinhood Markets Inc (NASDAQ:HOOD) is in a different sphere of fintech, but still falls under the sector. The stock was last seen down 2.8% to trade at $59.68, but yesterday made a run at its four-year high of $66.91 on February 13. HOOD boasts a 60% year-to-date gain, with support stepping up at its 200-day moving average.

Affirm Holdings Inc (NASDAQ:AFRM) is down 6.8% to trade at $52.68, and is now down 13% year-to-date. The shares yesterday ran head-first into their 126-day moving average, but longer-term remain up 63% in the last 12 months.

DLO has the most contrarian potential of the four. Of the seven brokerages covering the stock, five are on the sidelines with "hold" ratings. Amongst short sellers, nearly 15% of the equity's total available float is sold short, indicating dLocal could have room to run on the charts.