Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 40.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 526 |
Shares of AMD (AMD) are in the spotlight this morning after big tech names including Microsoft (MSFT), Meta (META), and OpenAI announced plans to use the company's new AI chip over competitor Nvidia's (NVDA). AMD shares have nearly doubled this year. Chewy (CHWY) is under pressure this morning after the pet product giant reported mixed third-quarter results. Yahoo Finance trending tickers include C3.ai (AI), Rivian (RIVN), Alphabet (GOOGL), and Palantir (PLTR).Key guests include: 9:30 a.m. ET - Althea Spinozzi, Saxo Senior Fixed Income Strategist and David Mazza, Roundhill Investments Chief Strategy Officer 9:40 a.m. ET - Vivien Azer, TD Cowen Managing Director and Senior Research Analyst 10 a.m. ET - Michael Reid, RBC Capital Markets U.S. Economist 10:30 a.m. ET - Rami Rahim, Juniper Networks CEO 10:50 a.m. ET - Shawn Nelson, Lovesac CEO 11:30 a.m. ET - Shlomo Kramer, Cato Networks Co-founder & CEO 11:40 a.m. ET - James Daunt, Barnes & Noble CEO
The coming year is expected to include an explosion in new AI technologies.
Meta Platforms has been the comeback stock of the year, with shares of the Facebook parent more than tripling from their low in 2022. Meta currently has a market cap of $822 billion, meaning the stock price would have to increase by 22% next year to roughly $400 a share, assuming that its share count held steady.