Microsoft, Shopify and 3 AI stocks: Wall Street's earnings season favorites

Earnings season: volatility and opportunity

According to MarketWatch Top, earnings season is underway with Microsoft, Shopify, and three other tech companies at the center of Wall Street's attention. These stocks are considered favorites to deliver positive surprises to investors during the reporting period.

For a trader, earnings season represents a significant shift in the volatility environment. The sessions surrounding earnings announcements tend to amplify price movements, affecting both pip size and spread width.

Why it matters for your trading

Earnings are event catalysts that can generate:

• Sustained volatility: not just at the open, but throughout the session following the announcement
• Price gaps: abrupt moves between the previous close and the next open
• Variable liquidity: spreads that can widen at critical moments
• Affected sessions: especially during U.S. market hours

This is a core reason why risk management discipline becomes critically important. Traders operating in assets with upcoming earnings must review their daily loss limits, position sizing, and entry rules.

If you use an integrated risk manager in your trading platform (whether Onyx Guardian or a similar tool), now is the time to verify that your high-impact news alerts are active and that your profit protection controls align with your trading plan.

Discipline during event-driven markets

Earnings season is no time to improvise. Some traders opt to reduce size, others pause operations during the report, and some plan entries after the initial noise settles.

What matters is that your decision is part of your written plan, not an emotional reaction in the moment. Keep a clear record of how you trade around these events to identify patterns in your behavior and build consistency over time.

MarketWatch Top