Subscribers to Schaeffer's Weekend Trader options recommendation service received this ABNB commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Shares of Airbnb Inc (NASDAQ:ABNB) staged a breakout above their October and February highs, while also clearing the $156.20 level, which coincides with the round $100 billion market cap. The company’s ne ...

Eli Lilly and Co (NYSE:LLY) stock is slipping today, after the U.S. Food & Drug Administration (FDA) delayed approving the drugmaker's Alzheimer’s drug, donanemab, which was expected to be approved this month, and called for an advisory panel. At last glance, LLY was down 1.7% at $766.79. LLY has consistently seen record highs in 2024, most recently hitting a Mar. 4 all-time peak of $800.78. The stock's 20-day moving average has guided the shares higher since the start of the year, and is capturing today's ...

The shares of General Electric Company (NYSE:GE) are up 1.4% before the bell, following a bull note from J.P. Morgan Securities. The analyst upgraded GE to "overweight" from "neutral" and hiked its price target to $180 from $166.This comes after the firm's aerospace unit yesterday forecast an operating profit of roughly $10 billion in 2028 and said it expects an initial dividend payout at 30% of net income. The analyst also praised the company's wind and gas power unit, Vernova, which it believes has a path ...

Schaeffer's Weekend Trader subscribers doubled their money with our American Express Company (NYSE:AXP) April 200 call recommendation in just over a month. Now that they've pocketed their profits, it seems like a good idea to review what went into this winning pick.At the time of our recommendation on Feb. 4, AXP had just completed a 7.1% gap higher following the credit card company's Jan. 26 earnings report. That post-earnings jump helped the equity clear and hold above its previous all-time high of $199.5 ...

Despite acting in vastly different sectors, the shares of New York Community Bancorp, Inc. (NYSE:NYCB) and Kroger Co (NYSE:KR) are both surging today. Below, we'll look into what's propping up each stock, and how the options pits are responding to their respective surges.Options Traders Target Embattled NYCBNYCB was last seen 7.7% higher at $3.73, after the bank concern said it secured $1 billion from investors, including Citadel Global Equities, Hudson Bay Capital, former U.S. Treasury Secretary Steven Mnu ...

Novo Nordisk A/S (NYSE:NVO) stock is gapping to record highs today, after the pharmaceutical company reported positive phase 1 trial results for its experimental weight-loss drug, amycretin. Showing higher weight loss than its already rabidly popular Wegovy, the drug is fully in the ring of contenders, with phase 2 results due out early 2026. At last glance, NVO was up 9.2% at $136.23, and earlier peaked at $136.50. The stock has finished 10 of the last 12 weeks higher, and sports a 92% year-over-year gain. ...

China-based e-commerce stock JD.com Inc (NASDAQ:JD) is soaring today, up 17.4% at $25.16 at last glance. The company beat fourth-quarter revenue estimates due to heavy demand and announced a $3 billion share repurchase program. Sharp discounts helped results, as "Singles Day" -- the largest annual Chinese shopping festival -- attracted consumers amid an uncertain economy. Today's bull gap has JD trading at its highest levels since early January. Grappling with its 100-day moving average, which capped its la ...

China is in focus plenty today, after the country announced it was boosting its defense budget by 7.2%, pushing related stocks higher. However, plenty of tech headwinds are also coming out of the region, sending both Advanced Micro Devices Inc (NASDAQ:AMD) and Apple Inc (NASDAQ:AAPL) lower. Counterpoint Research reported that Apple's sales in China dropped 24% in the first six weeks of 2024 compared to last year, just after news that China's electric vehicle (EV) demand fell sharply in February as well. At ...

Target Corp (NYSE:TGT) is 9.7% higher before the bell, after the retailer reported fourth-quarter earnings and revenue that beat Wall Street's estimates. The company saw profits of $2.98 per share on $31.92 billion in revenue, and announced a new membership program. On the other hand, Target's comparable sales declined for the third-straight quarter, and it forecasted another year of declining sales.Today's premarket gains have TGT on track to open above $164, its highest trading level since May. Shares are ...

Nvidia Corp (NASDAQ:NVDA) just leapfrogged Aramco to become the world's third-most valuable public company, sitting behind tech sector heavyweights Apple (AAPL) and Microsoft (MSFT). Ongoing hype around artificial intelligence (AI) helped the chipmaker last week topple the $2 trillion mark for the first time ever. NVDA earlier touched an all-time high of $864.33 to reach $2.11 trillion in market capitalization, and was last seen 3.7% higher at $853.29.The 'Magnificent Seven' member also boasts a consistent ...