Monday’s stock markets will kick off with AST SpaceMobile (ASTS) and Oklo (OKLO) volatility. Trading volumes for their respective options imply more wild price swings.
In the dividend income space, watch Comcast (CMCSA), Abbott Labs (ABT), Verizon (VZ), and AT&T (T). They are trading ex-dividend this week.
Shares in financial institutions should move sharply this week. On Tuesday, JPMorgan Chase (JPM) and Bank of New York Mellon (BK) will post results. On Wednesday, Wells Fargo (WFC), Citigroup (C), and Bank of America (BAC) will report quarterly results.
The auto sector might attract higher trading volumes. The Detroit Auto Show will feature cars, trucks, and SUVs. Watch Stellantis (STLA), whose business prospects are declining. General Motors (GM) could bounce back after it announced a write-off worth $6 billion. It is scaling back from its electric vehicle plans. This adds to a $1.6 billion write-down in Q3, which brings the total write-off from EVs to $7.6 billion.
On Thursday, BlackRock (BLK), Morgan Stanley (MS), and Goldman Sachs (GS) will report results. That day, Costco (COST) holds its annual meeting. The stock is on a downtrend that started in June. Last week, COST stock jumped by 8.24%. Markets are probably betting that the Supreme Court will rule that tariffs are illegal. That would cut costs for U.S. consumers, boosting Costco sales.
