Previous close | 0.0400 |
Open | 0.0300 |
Bid | 0.0200 |
Ask | 0.0600 |
Strike | 217.50 |
Expiry date | 2023-06-16 |
Day's range | 0.0300 - 0.0300 |
Contract range | N/A |
Volume | |
Open interest | 3.42k |
Yahoo Finance markets reporter Josh Schafer looks ahead to the earnings reports expected out through this week, while also commenting on the economics expectations for this Friday's jobs report.
Yahoo Finance Live anchor Brad Smith checks out the market and sector action this morning, as AI stocks surge on recent tech trends.
Yahoo Finance Live's Brad Smith breaks down several of the top news headlines developing this morning including the tentative debt ceiling deal facing key votes in Congress, Friday's May jobs report, and Nvidia stock rising after unveiling more AI products.
(Bloomberg) -- Nvidia Corp. became the world’s first chipmaker with a $1 trillion market capitalization, joining the ranks of just five American companies with valuations that high. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTaiwan Rushes to Prevent China From Cutting Internet, PhonesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Charm Offensive
Silicon Valley company joins elite group of US-listed companies including Apple, Microsoft, Amazon and Alphabet
Wall Street was generally in an upbeat mood on Tuesday morning. Coming out of the long holiday weekend, investors were ready to celebrate the announcement of an agreement in principle on raising the U.S. debt ceiling, which had been a key overhang over the stock market. Futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up another 1.5% in premarket trading Tuesday morning after solid gains last week.
Long term investing can be life changing when you buy and hold the truly great businesses. And we've seen some truly...
Nvidia (NASDAQ: NVDA) and ASML (NASDAQ: ASML) are two of the world's most important semiconductor companies. Nvidia is the world's largest producer of discrete graphics processing units (GPUs) for video games, graphical applications, and artificial intelligence (AI) tasks. ASML is the top producer of lithography systems used to etch circuit patterns onto silicon wafers and the only supplier of top-tier extreme ultraviolet (EUV) lithography systems required to produce the world's smallest and densest chips.
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted.
These stocks have crushed the market in 2023. While some are skeptical, there are real exciting business possibilities going out into the future.
Artificial intelligence (AI) is hot right now. My prediction is that six AI stocks will be worth a combined $20 trillion or more by 2030. It's no coincidence that 6 out of the 7 biggest stocks based on market cap that trade on U.S. exchanges have a major focus on AI.
(Bloomberg) -- Jensen Huang, chief executive officer of chip phenom Nvidia Corp., is getting the kind of treatment usually reserved for celebrities and sports stars during a trip to Taiwan.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTaiwan Rushes to Prevent China From Cutting Internet, PhonesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Charm Of
Price targets from select analysts and pundits imply respective market caps of $6.3 trillion and $1.5 trillion for two widely held artificial intelligence (AI) stocks.
It would be an understatement to say that Nvidia (NASDAQ: NVDA) crushed Wall Street's expectations with its outstanding guidance when it released its fiscal 2024 first-quarter results for the three months ended April 30 on May 24. The latest surge has brought Nvidia's year-to-date gains to a whopping 166%, which leads to the question of whether it is too late for investors to buy this high-flying semiconductor stock. Nvidia's Q1 2024 revenue came in at $7.2 billion, down 13% over the prior-year period.
Nvidia, Alphabet, Apple, Meta and Microsoft are part of Zacks Earnings Preview.
The Invesco QQQ Trust ETF, VanEck Vectors Semiconductor ETF and NVIDIA have been highlighted in this Investment Ideas article.
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 30th. Please refresh for updates.
Congress is expected to vote on legislation to pass the deal on Wednesday.
U.S. stocks are seen opening higher Tuesday after negotiators tentatively agreed on a deal to lift the debt ceiling to avoid a default, while Nvidia could join the $1 trillion club. At 06:50 ET (10:50 GMT), the Dow Futures contract was up 55 points or 0.2%, S&P 500 Futures traded 22 points or 0.5% higher, and Nasdaq 100 Futures climbed 150 points or 1.1%. Democratic President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal over the weekend to suspend the ceiling on U.S. government borrowing for a couple of years, taking the issue past the potentially hard-fought upcoming presidential election and averting a default that would have had disastrous economic repercussions around the globe.
Investing.com -- Nvidia (NASDAQ:NVDA) valuation rose above $1 trillion after the stock jumped by more than 4% on Tuesday, as a frenzy for artificial intelligence has powered a fresh surge in the chipmaking giant.
Investing.com -- A House committee is set to examine the debt ceiling deal, with investors hopeful that Congress will sign off on the agreement before a potential U.S. default on June 5. Meanwhile, HP Inc. prepares to report its latest earnings, while Cathie Wood sounds off on a recent surge in Nvidia shares.