Australia markets closed

NVDA Aug 2024 270.000 put

OPR - OPR Delayed price. Currency in USD
Add to watchlist
0.10000.0000 (0.00%)
As of 09:56AM EDT. Market open.
Full screen
Loading interactive chart…
  • Yahoo Finance Video

    Nvidia's stock plunge erases $118B in market cap

    Nvidia's (NVDA) reign as the most valuable publicly traded company was brief. The semiconductor giant extended its losses, shedding $118 billion in market capitalization. The company, which recently surpassed Microsoft (MSFT) to claim the top spot, is seeing shares drop amid the market's triple-witching Friday. Read more about Nvidia's run here. 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

  • Yahoo Finance Video

    Nvidia is not a 'good bet' long term: Analyst

    Nvidia (NVDA) dropped slightly on Thursday afternoon. CapWealth founder and chief investment officer Tim Pagliara joins Market Domination Overtime to give insight into Nvidia's recent performance and key concerns for the tech giant and its customers. Pagliara explains that a "better bet" than Nvidia is to invest in the companies that provide the supporting infrastructure for AI: "I mean, no one really talks about it, but a Google search today compared to a Google search with AI takes 10 to 15 times as much energy, and that hasn't really hit the market yet. And so I see energy companies, GE Vernova (GEV) as an example, as really benefiting from that. So you can make money around the edges in a more sustainable long-term way because our utility, industry, our grid, all of that needed upgrading anyway." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    Chip stocks soar, housing market struggles: Morning Brief

    On today's episode of Morning Brief, Hosts Brad Smith and Madison Mills break down the market open and some of the trading day's biggest stories. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) opened Thursday's trading session higher, while the Dow Jones Industrial Average (^DJI) hovered below its flat line. The tech sector continues to push the markets to new heights, as Nvidia (NVDA) has become the most valuable publicly traded company on the New York Stock Exchange. Meanwhile, Dell Technologies (DELL) has announced a new partnership with Nvidia to construct an AI factory for xAI, Elon Musk's artificial intelligence venture. In a parallel development, Musk indicated that xAI will also explore utilizing Super Micro Computer's (SMCI) server solutions. Meanwhile, new economic data releases painted a mixed picture of the labor market and housing sector in the United States. On the employment front, the number of initial jobless claims fell to 238,000 for the week ending June 15, coming in hotter than economists' expectations of 235,000. The housing sector also showed signs of strain, with both housing starts and building permits falling more than expected in May. Pulte Capital CEO Bill Pulte calls the print "a little bit of a speed bump" in an overall strong housing market. As the Swiss National Bank initiated its second interest rate cut this year, all eyes are on when the Federal Reserve will cut rates. JPMorgan US Head of Investment Strategy Jake Manoukian explains: "The Fed's going to join the party probably at some point this year. We're 90 days away from the September Fed meeting, traders are pricing in a 67% chance that that's the first cut." He adds that if a rate cut does not come in September, it will most likely come in December. This post was written by Melanie Riehl