NVDA Jun 2023 72.500 call
| Previous close | 198.25 |
| Open | 198.25 |
| Bid | 314.70 |
| Ask | 318.90 |
| Strike | 72.50 |
| Expiry date | 2023-06-16 |
| Day's range | 198.25 - 198.25 |
| Contract range | N/A |
| Volume | |
| Open interest | 82 |
Yahoo FinanceStock market winners in 2023 are last year's losers
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
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Nvidia (NASDAQ: NVDA) bulls have been out in full force this year, as shares of the chipmaker have surged 170% so far in 2023. Let's take a closer look at the factors that could negatively impact Nvidia's red-hot rally. Nvidia's gaming business has taken a big beating in recent quarters, thanks to the weak demand for personal computers (PCs).
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- Financial Times
Nvidia’s rally forces money managers to play catch-up
Big money managers missed out on the rally in Nvidia and spent the past two weeks catching up, racing to amass shares of the US company that has become a go-to bet on artificial intelligence. State Street, Fidelity, Amundi, Ameriprise’s Columbia Threadneedle and Loomis Sayles all cut positions in Nvidia in the first quarter of 2023 before a powerful rally pushed the chipmaker’s valuation to $1tn, securities filings showed. An analysis by Goldman Sachs shows they were far from alone: mutual funds were broadly reducing exposure to Nvidia in early 2023, making the stock one of their most underweight positions.
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- Financial Times
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As bullish sentiment rose in the month of May, Nvidia became one of the most sold stocks by investors as the chipmaker crossed a $1 trillion market value milestone. TD Ameritrade Trading Strategist Alex Coffey joins Yahoo Finance Live to look at the most bought and sold stocks that month.
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Motley FoolThis Stock Will Be Critical in AI Integration for Thousands of Businesses
With Accenture's team of experts, it can help integrate AI and many other popular solutions into a client's product or internal systems. Because of its leadership role, Accenture also makes a great investment. Read on to find out why Accenture looks like an outstanding stock to buy in this operating environment.
