Investors will scrutinize whether Oracle stays committed to the heavy AI-related capital spending behind its half-trillion-dollar backlog, and how Adobe plans to answer the rising threat from generative AI — its stock is down nearly 30% year-to-date, echoing a similar slide in 2025.

But the pair is not where the options market sees the biggest moves.

Eight other stocks with market caps above $2 billion are set for sharp post-earnings reactions, according to Benzinga Pro data, with implied swings ranging from 8.62% to 18.24%.

Implied moves measure the size of the single-session swing, up or down, that the options market expects based on at-the-money straddle pricing ahead of each earnings date. A higher reading means traders are paying up for protection or positioning into a binary result.

Here is the full ranking, from the smallest expected move to the largest.