Previous close | 90.60 |
Open | N/A |
Bid | 73.85 |
Ask | 77.35 |
Strike | 505.00 |
Expiry date | 2025-12-19 |
Day's range | 90.60 - 90.60 |
Contract range | N/A |
Volume | |
Open interest | 1 |
AI is powering the S&P 500, but it's mostly companies taking an "if you build it they will come" approach. So far, most companies aren't actually paying for AI services.
Nvidia stock reversed a three-day slide that erased roughly $430 billion of the AI chip giant's market cap.
Nvidia shares (NVDA) are seeing some relief in pre-market trading after a multi-day sell-off, erasing nearly $400 billion in the chip maker's market cap and dragging down tech-heavy indexes with it (^DJI, ^IXIC, ^GSPC) The Federal Reserve's preferred inflation gauge — the Personal Consumption Expenditures (PCE) index — is due out this Friday. Treasury Secretary Janet Yellen believes inflation will continue on a downward path and eventually reach the Fed's 2% target. Watch Yahoo Finance's full, exclusive interview with US Secretary of the Treasury Janet Yellen. European Union (EU) regulators are targeting Microsoft (MSFT), alleging antitrust violations by bundling its Microsoft Teams software with other programs. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.