Key Highlights

  • Amazon (NASDAQ:AMZN) is expected to report on Thursday, October 29, 2026, and options imply a move of about 7.7%, according to one published earnings calendar page.
  • Intel (NASDAQ:INTC) is priced for a larger swing of about 10.7%, which makes it the most volatile of the two largest technology names reporting that day.
  • Coinbase (NASDAQ:COIN) is priced for about 10.0%. Strategy (NASDAQ:MSTR) is priced for about 9.3%, so crypto equities also carry large implied moves. The comparison shows where traders see more risk.
  • Merck, Mastercard, Caterpillar, Eli Lilly and Starbucks are also expected that day, though the dates for Merck and Mastercard come from one source. That is a very large implied range.

What Options Are Pricing

Amazon (NASDAQ:AMZN) is expected to report on Thursday, October 29, 2026, and options markets imply a move of about 7.7% after the release. Intel is priced for about 10.7%. The same calendar lists several other large reporters. Merck (NYSE:MRK) is listed for Thursday, though that comes from one source. Mastercard (NYSE:MA) is listed on the same basis. Caterpillar (NYSE:CAT) is listed as well. Eli Lilly (NYSE:LLY) is on the same calendar. Starbucks (NASDAQ:SBUX) completes the large names. Coinbase and Strategy carry implied moves of about 10.0% and 9.3%. Consensus figures were not captured, and Apple's date was not found, so this is a preview. Options prices change as the date nears, so these figures can move.

What Investors Want From the Two Technology Giants

Investors want to know whether the cloud arm of the online retailer is growing fast enough to justify heavy capital spending, how consumer demand is holding up, and what the company says about logistics costs and AI. Intel will be read for signs of progress in its manufacturing plans and demand for its chips. The reports follow Alphabet and Microsoft on October 28 and come after Meta Platforms (NASDAQ:META) and Tesla reported the week before. Goldman Sachs estimates about USD 7.6 trillion of AI capital spending from 2026 to 2031, an estimate that frames the debate over whether spending will earn a return. The retailer's advertising and logistics businesses also draw investor attention, because both grew alongside consumer spending.

Risks and What to Watch

The main risk for the retailer is that capital spending outpaces cloud revenue, pressuring free cash flow. Consumer weakness would show in retail margins, and fuel prices near USD 115.81 Brent raise delivery costs. Intel faces execution and competition risks. A crowded session means that results from Caterpillar, Eli Lilly and Starbucks can shift sentiment on industrials, healthcare and consumer demand. The Federal Reserve decides on October 28, and a 10-year Treasury yield near 4.99% weighs on valuations. A move near the implied 7.7% would be consistent with expectations, while a larger move would signal a surprise. Results from Merck and Eli Lilly could also shift healthcare sentiment, while Mastercard offers a spending read that complements the online retail view, so investors may trade the whole session as one set of signals.

Where Things Stand

The answer is that Amazon (NASDAQ:AMZN) is priced for a 7.7% swing on October 29 because cloud growth, AI spending and consumer demand all remain open questions, and Intel is priced for 10.7%. Implied moves measure size, not direction. This is a preview built on one calendar page. The next catalysts are the Fed decision on October 28 and the Thursday reports. This is not investment advice. Results were not out at the time of writing, and Apple's date was not found.