NVDA Dec 2024 1110.000 put
| Previous close | 269.25 |
| Open | 268.85 |
| Bid | 269.25 |
| Ask | 275.35 |
| Strike | 1,110.00 |
| Expiry date | 2024-12-20 |
| Day's range | 268.85 - 269.25 |
| Contract range | N/A |
| Volume | |
| Open interest | 91 |
- Yahoo Finance Video
Fed rate cut speculation is a 'parlor game': Schwab's Sonders
As Nvidia prepares to report its first quarter earnings this week, Charles Schwab Chief Investment Strategist Liz Ann Sonders joins Morning Brief to discuss how the bullish AI sentiment is driving the broader market (^DJI,^GSPC, ^IXIC). Sonders calls Nvidia a "poster child for the AI boom," adding that it is the best performer within the "Magnificent Seven." "I think it's important we know the bar is set high, so I think an extrapolation problem could develop, but whether that starts tomorrow is hard to say," Sonders warns. She says there has been "much more dispersion" within the Magnificent Seven. However, she still expects a larger-cap bias to exist within the market. With the Dow Jones and Nasdaq recently hitting record highs, Sonders points to three sectors that are outperforming ratings: financials, materials, and energy. On the other hand, she says that real estate and consumer discretionary are underperforming while everything else is neutral. As all eyes are on the Federal Reserve's next interest rate move, Sonders calls the speculation of a rate cut a "parlor game." "Data dependency means that it's going to depend on the data. I think 'patience' is the word of the day," she says. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Yahoo Finance Video
Why Nvidia's earnings may not move the stock much
Nvidia reports its fiscal 2025 first quarter results on Wednesday, May 22, after the market close. Aptus Capital Advisors Portfolio Manager David Wagner expects the chip giant will issue a "beat and raise" but that he doesn't think "a lot of the exuberance heading into this report is actually going to be shown in the stock price." Wagner argues "Nvidia is absolutely going to incur some type of demand-driven air pocket over the next few years," but that doesn't necessarily mean the stock is overvalued. Watch the video above to hear other ways Wagner recommends playing the AI trade. For more expert insight and the latest market action, click here to watch this full episode of Wealth!
- Yahoo Finance Video
Will Nvidia earnings impress hard-to-please tech investors?
All eyes are on Nvidia as earnings are set to be reported on Wednesday, May 22, after the closing bell. Spear Invest Founder and CIO Ivana Deleveska joins Asking for a Trend to break down the chip company's earnings expectations and how the market might react. "We're pretty confident that the company will beat expectations, however, what we've been seeing this quarter specifically is that companies beat and raise, but the market, no matter what they report, finds it pretty disappointing. So it wouldn't be surprising to see that to be the scenario," Deleveska says. She adds that the upside for Nvidia will come in the next two years as more data centers begin to pop up and that its chips are "positioned very well both for training and inference." Deleveska explains that as the AI race heats up, there are unique opportunities for companies that provide thermal management: "These are really big, massive areas of investment that are going to benefit equally from the data center investment cycle." 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 Melanie Riehl
