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NVDA Aug 2024 450.000 call

OPR - OPR Delayed price. Currency in USD
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760.00-7.70 (-1.00%)
As of 12:17PM EDT. Market open.
Full screen
Previous close767.70
Expiry date2024-08-16
Day's range760.00 - 760.00
Contract rangeN/A
Open interest132
  • Yahoo Finance Video

    AI infrastructure plays are the way to go: Analyst

    The tech sector is pulling stock markets (^DJI, ^IXIC, ^GSPC) lower following underwhelming reports from Magnificent Seven tech stocks. Harvest Portfolio Management CIO and partner Paul Meeks comes on Catalysts to share his perspective on the current market rotations. Meeks reveals he's refraining from buying tech stocks at the moment. While he remains "pretty comfortable with the continued AI infrastructure building names," he acknowledges that regardless of fundamental performance, stock prices could still decline. "So what I am doing is I have a prohibition on buying [tech stocks] at least till we get through next week's reports," he explains. In terms of specific investments, Meeks highlights several AI infrastructure plays, including Nvidia (NVDA), Advanced Micro Devices (AMD), Dell (DELL), Hewlett Packard Enterprise (HPE), and Super Micro Computer (SMCI). However, for other AI-related companies, he emphasizes the need to see "more use cases" before gaining confidence in investing. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

  • Yahoo Finance Video

    Chip stock sell-off opens door for long-term plays: Analyst

    Chip stocks continue their sector-wide slide, following a tech sell-off triggered by disappointing reports from some Magnificent 7 companies. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Morning Brief to discuss the semiconductor industry's current state. Moorhead observes that due to the chip sector's strong momentum over the past year, "any hiccup, any rumor of something" can trigger a stock decline. He suggests this downturn presents an opportunity for investors to identify potential high-growth companies beyond industry giants like Nvidia (NVDA), Broadcom (AVGO), and Intel (INTC). Moorhead advises investors to "look at a mid-term and even... long-term approach of where those stocks are going or could go," highlighting companies such as Qualcomm (QCOM). Regarding industry trends, Moorhead notes that many companies are pivoting towards AI, often at the expense of other initiatives. "They want their IT groups to pivot to generative AI. And a lot of this is about FOMO, it's the fear of missing out," he explains. This shift in focus is creating a divide in the market: "That's why you see companies that aren't engaged in the generative AI wave are seeing very mixed results." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Investor's Business Daily

    Magnificent Seven Stocks: Nvidia Stock Reverses Higher; Tesla Rallies

    Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the third quarter of 2024 showed a big divergence of returns.