Traders are betting big against this restaurant giant into earnings
Published . Updated .
This report is about exchanges and trading.
Directly affected
- No company is named in this report.
Indirectly affected
- IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF
iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “betting” (exchanges and trading) in this story.
- CME CME Group+6.8% 9d
CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story.
- ICE Intercontinental Exchange+0.8% 30d
Intercontinental Exchange (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story.
- CBOE Cboe Global Markets+14.4% 30d
Cboe Global Markets (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story.
- NDAQ Nasdaq+17.6% 30d
Nasdaq (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IAI | +0.21% | -0.72% | base | after close | after close | after close | after close |
| CME | +0.81% | +4.17% | base | after close | after close | after close | after close |
| ICE | +1.49% | +4.70% | base | after close | after close | after close | after close |
| CBOE | -1.81% | +4.64% | base | after close | after close | after close | after close |
| NDAQ | -7.82% | -1.70% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Traders are betting big against this restaurant giant into earnings CNBC
Source: CNBC
Ishares Tr (IAI)
In the last 7 similar stories, Ishares Tr (IAI) moved an average of +0.72% the next day. The best was +0.72% and the worst was +0.72%, from 1 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Ishares Tr (IAI) | the next day | +0.72% | +0.72% | +0.72% | 1 |
| Cme Group (CME) | the next day | +3.59% | +3.59% | +3.59% | 1 |
| Cme Group (CME) | three days later | +4.30% | +4.30% | +4.30% | 1 |
| Intercontinental Exchange (ICE) | the next day | -1.90% | -1.90% | -1.90% | 1 |
| Intercontinental Exchange (ICE) | three days later | +1.30% | +1.30% | +1.30% | 1 |
| Cboe Global Markets (CBOE) | the next day | -4.22% | -4.02% | -4.43% | 2 |
| Cboe Global Markets (CBOE) | three days later | +1.31% | +1.31% | +1.31% | 1 |
- Kalshi Courts Wall Street in Bid to Be the ‘Inflation Exchange’
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- 8-K - CME GROUP INC. (0001156375) (Filer)
- Intercontinental Exchange Inc. $ICE Shares Purchased by Assenagon Asset Management S.A.
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Price since this story was published: Ishares Tr (IAI)
| Company | When | Move | Status |
|---|---|---|---|
| Cboe Global Markets (CBOE) | three days earlier | +4.64% | final price |
| Cboe Global Markets (CBOE) | five days earlier | -1.81% | final price |
| Cme Group (CME) | three days earlier | +4.17% | final price |
| Cme Group (CME) | five days earlier | +0.81% | final price |
| Ishares Tr (IAI) | three days earlier | -0.72% | final price |
| Ishares Tr (IAI) | five days earlier | +0.21% | final price |
| Intercontinental Exchange (ICE) | three days earlier | +4.70% | final price |
| Intercontinental Exchange (ICE) | five days earlier | +1.49% | final price |
| Nasdaq (NDAQ) | three days earlier | -1.70% | final price |
| Nasdaq (NDAQ) | five days earlier | -7.82% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Cme Group (CME), worth $15,001 - $50,000 on 17 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Cme Group (CME), worth $1,001 - $15,000 on 10 Aug 2026. That is 79 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Cme Group (CME), worth $15,001 - $50,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Richard Dean McCormick sold Intercontinental Exchange (ICE), worth $1,001 - $15,000 on 30 Jul 2026. That is 90 days before publication. Filed 14 Aug 2026. View the filing.
- Sen. John Boozman sold Cboe Global Markets (CBOE) (jointly held), worth $1,001 - $15,000 on 31 Jul 2026. That is 89 days before publication. Filed 17 Aug 2026. View the filing.
- Rep. April McClain Delaney sold Nasdaq (NDAQ) (held by a dependent child), worth $100,001 - $250,000 on 25 Aug 2026. That is 64 days before publication. Filed 9 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Tr (IAI)
Companies mentioned with this story
- IAI Ishares Tr
Ishares Tr (IAI) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Traders are betting big against this restaurant giant into earnings.” Reason on file: iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “betting” (exchanges and trading) in this story
- CME Cme Group
For “Traders are betting big against this restaurant giant into earnings,” Cme Group (CME) is linked, with no stored direction, medium confidence. Reason on file: CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story
- ICE Intercontinental Exchange
Intercontinental Exchange (ICE) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Traders are betting big against this restaurant giant into earnings.” Reason on file: Intercontinental Exchange (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story
- CBOE Cboe Global Markets
For “Traders are betting big against this restaurant giant into earnings,” Cboe Global Markets (CBOE) is linked, with no stored direction, medium confidence. Reason on file: Cboe Global Markets (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story
- NDAQ Nasdaq
For “Traders are betting big against this restaurant giant into earnings,” Nasdaq (NDAQ) is linked, with no stored direction, medium confidence. Reason on file: Nasdaq (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story
Ishares Tr (IAI)
On 28 Oct 2026, “Traders are betting big against this restaurant giant into earnings” is the story that connects Ishares Tr (IAI) to this story.
The link for Ishares Tr (IAI) is this: iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “betting” (exchanges and trading) in this story
Also listed, Cme Group (CME): CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “betting” (exchanges and trading) in this story
Price levels for Ishares Tr (IAI)
CME traded between 290.48 and 309.31 across 6 sessions. The latest close on file is 293.50. ICE traded between 147.61 and 164.69 across 20 sessions. The latest close on file is 155.43.
How strong the case is around Ishares Tr (IAI)
40 out of 100
“Traders are betting big against this restaurant giant into earnings” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.