It’s a make-or-break moment for the AI trade. Four trillion-dollar companies report in the span of about 24 hours.
Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc.
(NASDAQ:GOOGL) open their books Wednesday after the close. Eli Lilly and Co.
com Inc. (NASDAQ:AMZN) closes the run Thursday after the bell.
7 trillion. The timing adds another layer.
m. ET, roughly two hours before Microsoft and Alphabet report.
Third-quarter GDP and the September core PCE price index land Thursday morning. None of the four giants makes this week’s list of widest expected moves, though.
Options traders are pricing the biggest swings in the companies that build, power, cool and connect the AI buildout. 7% since the start of the month.
S. stocks with at least $50 billion in market cap, according to Benzinga Pro data.
Eleven are priced for swings of at least 10%, and SanDisk sits just below that mark. Seven of the 12 sell chips, power, cooling, fiber or storage into AI data centers.
An implied move is the percentage swing in either direction that options traders expect right after earnings. Read Also: Earnings Volatility Watch: Bloom Energy and Other 11 Stocks Are Priced For Double-Digit Swings Which Stocks Could Swing The Most This Week?
12. 44% Implied Move No stock on the list has run harder this year.
SanDisk shares are up 437% in 2026, making the flash-memory maker the poster child of the AI storage boom. That run is now under pressure.
Memory makers lost $1 trillion in market value during the chip sell-off in mid-October. SanDisk reports its fiscal first quarter Oct.
29 after the close. 64 billion.
The previous report did not land well. On Aug.
8%. Still, Mizuho raised its price target to $2,050 on Oct.
6, and Rosenblatt started coverage at Buy with a $2,400 target in September. The key questions are NAND pricing, demand from AI data centers and whether margins can keep expanding.
SanDisk Corp. 9% since the start of the year.
11. 00% Implied Move Howmet makes jet-engine parts.
It reports Oct. 59 billion.
Last quarter’s reaction was a fade. On Aug.
6%. Analysts have trimmed their targets this month.
RBC Capital cut its target to $300 and TD Cowen cut to $280, though both kept bullish ratings. Investors will watch engine-part demand, pricing and any update on the turbine-blade supply chain.
Howmet Aerospace Inc. (NYSE:HWM) shares are down 9% in 2026, one of the few names on this list trading in the red for the year.
10. 24% Implied Move Amphenol makes the connectors and cables that link servers inside AI data centers.
It reports Oct. 28 before the open.
46 billion. Unlike most of the AI hardware group, Amphenol has kept the sell side on board.
Goldman Sachs raised its target to $116 and Citigroup to $112 earlier this month, and Evercore ISI moved to $100. 5% after the second-quarter report on July 29.
Investors will look at IT datacom orders, the book-to-bill ratio and the fourth-quarter outlook. Amphenol Corp.
1% advance so far this year. 9.
41% Implied Move The glass maker has turned into an AI fiber company. In September, Corning signed a $3 billion agreement to supply fiber and cable to AT&T.
Corning reports Oct. 27 before the open.
03 billion. The July report hurt.
1% on July 28, and JPMorgan cut its target to $165 at Neutral last week. Investors will watch optical communications sales, margins and whether hyperscaler orders are holding up.
Corning Inc. 1% in 2026.
8. 73% Implied Move This is only Honeywell Aerospace’s second quarterly report as a standalone company, and the first one was painful.
On Aug. 2%.
” The company reports Oct. 28 after the close.
90 per share. Goldman Sachs started coverage at Neutral with a $190 target on Oct.
7, and RBC Capital lowered its target to $210 on Oct. 15.
Honeywell Aerospace Inc. (NASDAQ:HONA) shares are down about 17% from the $200 opening price of their June 15 trading debut.
7. 04% Implied Move Fortinet is one of the year’s best performers, and Wall Street is split on it.
The cybersecurity company reports Oct. 28 after the close.
06 billion. Several targets now sit below the share price.
JPMorgan raised its target to $140 last week but kept an Underweight rating, and Mizuho and Wells Fargo both hold bearish ratings with $160 targets. On the other side, Truist sees $200 and TD Cowen sees $225.
The last report was a fade as well. 7%.
Fortinet Inc. 9%.
Read Also: Chip Stocks Bounce After Longest Losing Streak Since 2008 6. 74% Implied Move Vertiv keeps AI servers cool, and the stock has been running hot and cold.
The data center equipment maker fell for 11 straight sessions through Oct. 20.
On Oct. 21, Vertiv and Nvidia announced a faster approach to building AI factories.
Vertiv reports Oct. 28 before the open.
76 billion. 26%, exactly the size of the gain Quanta Services posted a day later.
Mizuho cut its target to $280 while keeping Outperform, and GLJ Research holds a Sell rating with a $188 target. Vertiv Holdings Co.
9% since the start of 2026. 5.
87% Implied Move Carvana is the one name on the list with no ties to the AI trade, and its swings are a familiar feature of earnings week. The online used-car retailer reports Oct.
28 after the close. 68 billion.
4%. Wells Fargo lowered its target to $75 on Friday, and Morgan Stanley cut to $88 last week.
Both kept Overweight ratings. Carvana Co.
4% this year, losing nearly a third of its value. 4.
05% Implied Move Quanta builds the power lines and grid connections that AI data centers need. It reports Oct.
29 before the open. 97 billion.
3% on July 30, one of the strongest earnings reactions on this list. Bernstein upgraded the stock to Outperform with a $775 target in September.
Investors will watch the backlog, data center power projects and the 2027 outlook. Quanta Services Inc.
9% year to date. 3.
28% Implied Move Robinhood reports Oct. 27 after the close, giving the market an early read on retail risk appetite.
42 billion. Robinhood traders recently went on their biggest buying spree on record, according to Benzinga’s Oct.
1 report. Prediction markets are another storyline.
A House investigation into insider trading on those platforms widened in late September. Wall Street is mostly bullish.
Rosenblatt started at Buy with a $135 target last week, and Needham raised its target to $126. 6% after the July report.
Robinhood Markets Inc. 9% so far in 2026.
2. 98% Implied Move Intel has more than doubled this year.
The options market now prices a nearly 13% swing in either direction. The chipmaker reports Oct.
29 after the close. 45 billion.
The July report disappointed. 9% on July 24.
The sell side remains cautious. JPMorgan upgraded the stock to Neutral with an $85 target on Oct.
19, while Susquehanna cut its target to $105 and TD Cowen to $95. Investors will look at foundry progress, data center CPU demand and the gross-margin outlook.
Intel Corp. (NASDAQ:INTC) stock has surged 136% this year.
1. 76% Implied Move No stock with a market cap above $50 billion carries a bigger expected swing this week.
Monolithic Power makes the power-management chips that feed AI accelerators. It reports Oct.
29 after the close. 14 billion.
The last reaction shows how wide the range can be. 3%.
Ahead of the report, Wells Fargo cut its target to $1,550 and TD Cowen to $1,700, both keeping bullish ratings. Monolithic Power Systems Inc.
6% higher since January.
