NVDA Sep 2024 1010.000 call
| Previous close | 86.53 |
| Open | 82.80 |
| Bid | 88.40 |
| Ask | 89.20 |
| Strike | 1,010.00 |
| Expiry date | 2024-09-20 |
| Day's range | 82.80 - 88.72 |
| Contract range | N/A |
| Volume | |
| Open interest | 569 |
- Yahoo Finance Video
Nvidia could be 'ultimate winner of the AI race': Strategist
As Nvidia (NVDA) prepares to report its first-quarter earnings for the fiscal 2025 year, Hennion & Walsh CIO Kevin Mahn joins Market Domination to discuss expectations for the chip maker and how they may affect the market (^DJI,^GSPC, ^IXIC). The chip company is expected to report earnings per share of about $5.22, which will be a 406% year-over-year increase. Mahn says he expects Nvidia to announce more data centers, a critical component of the AI ecosystem. He adds that there's a unique opportunity in energy companies, as data centers alone are estimated to consume about 10% of the country's electricity by 2030. Mahn says that Nvidia "could be the ultimate winner of the AI race," as it promises 25 times less cost and less electricity use in its new Blackwell chips. "Nvidia is trying to go beyond just chips and offer the whole packaged AI solution, plus getting more CapEx spending in data centers. They're not stopping here and they're only going to continue to grow," he adds. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Nvidia's 'secret sauce' isn't just its chips, strategist says
Nvidia (NVDA) is scheduled to report fiscal first-quarter earnings results after the market's closing bell on Wednesday, May 22. All eyes are on the chip maker as Wall Street analysts expect its latest figures could be the next big 2024 market catalyst. Niles Investment Management Founder and Portfolio Manager Dan Niles joins Josh Lipton on Yahoo Finance's Asking for a Trend to talk about the trajectory of Nvidia's stock going into this earnings print — up already 98% year-to-date — and the timeline of its new Blackwell GPU. "And if you think about the prior quarter, expectations were sky-high going into that as well and the stock still rallied about 16% after the print," Niles says. "Today was interesting in that you got a headline that I would have thought would have knocked the stock down, which was Amazon Web Services confirming through a spokesperson that they were taking some of the orders they had for the current generation of chips and moving those to the next generation of chips coming out called Blackwell, which comes out later this year." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Nvidia earnings, FOMC minutes, housing data: What to watch
Yahoo Finance's Julie Hyman and Josh Lipton break down what to watch on Wednesday, May 22. Several companies are set to report their earnings, with Nvidia (NVDA) being the most highly anticipated. Retailers like TJX (TJX) and Target (TGT) are also expected to report earnings, as well as Synopsys (SNPS), Williams-Sonoma (WSM), and e.l.f. Beauty (ELF). The Federal Reserve will also release its May FOMC meeting minutes, offering insight into its monetary policy decisions. Finally, new data on existing home sales for April will be released, which analysts expect will increase. 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 Melanie Riehl
