NVDA Sep 2024 219.000 call
| Previous close | 0.0100 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 219.00 |
| Expiry date | 2024-09-20 |
| Day's range | 0.0100 - 0.0100 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.01k |
- Yahoo Finance Video
Nvidia CEO Jensen Huang calls chip demand 'intense'
Speaking at the Goldman Sachs Communacopia & Technology Conference, Nvidia (NVDA) CEO Jensen Huang stated that "everybody is counting on us" as the semiconductor manufacturer continues to see chip demands surge among its client base. Nvidia shares have risen in Wednesday's session. Market Domination hosts Julie Hyman and Josh Lipton weigh in on the chip stock's response to its chief executive's comments that the environment is "tense" for the industry leader. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Nvidia, tech rally woes 'shortsighted': IG North America CEO
Following the release of the August Consumer Price Index (CPI) report, IG North America CEO JJ Kinahan joins Brad Smith and Seana Smith on the Morning Brief to provide some perspective on retail investors' tech trades ahead of any potential interest rate cuts. "We have seen Nvidia (NVDA) come into some troubles recently, but I think you have to keep that in perspective that the stock is still up over 100% year to date," Kinahan says. "Overall, I think it's really, sort of shortsighted to say that technology will not continue to lead us," Kinahan tells Yahoo Finance. He notes that monetizing artificial intelligence (AI) spending will be "key" to a continued tech rally. Kinahan indicates that Nvidia remains a top name among Tastytrade's retail clients. Alongside Nvidia, he highlights that clients also seem bullish on Ulta Beauty (ULTA) and the United Parcel Service (UPS) while there was broad bearishness around Lululemon (LULU), Qualcomm (QCOM), and Disney (DIS). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Magnificent Six will 'dominate' future AI, tech waves: Analyst
D.A. Davidson has initiated coverage on Meta Platforms (META) — with a Buy rating and $600 per share price target — and Alphabet (GOOG, GOOGL) — with a Neutral rating and $170 per share price target. Additionally, D.A. Davidson managing director Gil Luria has excluded Tesla (TSLA) in his Magnificent Seven coverage in the firm's "compute sector," grouping Meta and Alphabet with Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and Nvidia (NVDA). On Tesla, Luria wrote “if it looks like a duck (greater than 90% of revenue from cars) and quacks like a duck (greater than 90% of profits from cars) it might just be a duck (a car company)" in a note on Tuesday. Luria sits down with Julie Hyman and Josh Lipton on Market Domination to talk more about his call about these tech giants and their investments in AI and computing. "Those markets require scale, reach, and capital. So unlike previous waves of technology innovation that came from startups, innovation now is coming from... these biggest companies. So these six companies will continue to dominate in AI and spatial computing, and extend their lead from the sectors they're already in — desktop and mobile computing, cloud computing and advertising, computing," Luria tells Yahoo Finance. "They'll keep dominating those and they'll dominate the next two waves." Luria elaborates on how Meta is differentiating its AI usage and large language models from its Silicon Valley counterparts as prominent tech players continue to spend more on Nvidia chips. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
