๐ญ Applied Materials $AMAT reports Q3 tonight โ options pricing 10%+ swing as PPI hits at 8:30
Two big catalysts on deck today: July PPI data drops at 8:30 AM ET (expected to ease to 4.9% y/y from 5.5%) and Applied Materials reports Q3 earnings after the close, with consensus at $3.39 EPS on ~$9B revenue (+23% YoY). AMAT is down ~27% from its 2026 high near $740, trading around $548, with the options market pricing a 10.4% post-earnings swing. A strong guide from this AI picks-and-shovels leader could be a big deal. Watching AMAT tonight? Not financial advice.
