AMD Oct 2024 360.000 call
| Previous close | 0.0100 |
| Open | 0.0200 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 360.00 |
| Expiry date | 2024-10-18 |
| Day's range | 0.0100 - 0.0200 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
Yahoo FinanceNvidia, AMD stocks lead tech rally after Fed rate cut
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable 50 basis point interest rate cut.
- Yahoo Finance Video
Nvidia, chip stocks rise on Fed's rate cut
The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points is giving chip stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD) a boost. In the video above, Morning Brief anchors Seana Smith and Brad Smith break down the action. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
StockStoryWhy Is AMD (AMD) Stock Rocketing Higher Today
Shares of computer processor maker AMD (NASDAQ:AMD) jumped 6.8% in the afternoon session as markets roared back after an initially muted response to the Fed's rate cut, which sparked a renewed appetite for risk assets. While investors were expecting a reduction in rates from the US central bank, there was a bit of back and forth on whether the cut would be 25bps (a quarter percent) or 50bps (half a percent).
