MSFT Dec 2024 540.000 put
| Previous close | 117.00 |
| Open | 117.00 |
| Bid | 97.50 |
| Ask | 98.90 |
| Strike | 540.00 |
| Expiry date | 2024-12-20 |
| Day's range | 117.00 - 117.00 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
Yahoo FinanceApple's Intelligence aims to get users to pony up for new iPhones
Apple's new AI initiative is meant to get users to upgrade their phones sooner than later.
- Yahoo Finance Video
Nasdaq, S&P 500 hit new highs, Fed rates steady: Market trends
Yahoo Finance's Alexandra Canal joins Asking for a Trend to break down the day's market trends. The Nasdaq (^IXIC) and S&P 500 (^GSPC) closed at new records as investors digest cooler-than-expected inflation. The Federal Reserve left interest rates unchanged, projecting one cut by the end of the year, with most eyes on September. Finally, Apple (AAPL) briefly surpassed Microsoft (MSFT) in market capitalization after announcing its AI initiatives. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- Yahoo Finance Video
Can Apple's AI initiatives drive a product cycle?
Despite initially sliding, Apple (AAPL) shares have risen as investors digest the tech giant's AI announcements. New Street Research technology infrastructure analyst Antoine Chkaiban joins Market Domination to discuss Chkaiban notes that while Apple's Worldwide Developers Conference (WWDC) on Monday had "boring" moments, "it was exciting because we thought it articulated very well the promise of generative AI at the core of the operating system." However, he doubts whether the technology alone can spark a product cycle, explaining, "we're not really convinced that on-device AI will enable game-changing user experiences because the hardware simply is not game-changing... since GPT-4 is anyway available readily on most iPhones through the ChatGPT app, the question is, do users really need to upgrade to use that technology? The answer so far is not really." Regardless, he believes the stock is "fairly valued," especially as services are at an all-time high. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
