Australia markets open in 6 hours 42 minutes

NVDA Jan 2025 810.000 put

OPR - OPR Delayed price. Currency in USD
Add to watchlist
24.50-1.50 (-5.77%)
As of 03:38PM EDT. Market open.
Full screen
Loading interactive chart…
  • 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


    Baillie Gifford's Strategic Moves in Q2 2024: A Closer Look at NVIDIA Corp's Impact

    Insight into Baillie Gifford (Trades, Portfolio)'s Latest 13F Filings and Portfolio Adjustments


    Nvidia Stock Claws Back Losses. Why AI Fears Spooked Markets.

    Nvidia stock reversed earlier losses on Thursday, rising nearly 2% and battling back against fears that the artificial-intelligence trade could be losing steam. After falling 2% earlier on Thursday, Nvidia shares have recovered and are trading up 1.9% as of the early afternoon, at around $116.40. On Wednesday, Nvidia stock tumbled 6.8% to $114.25 for its worst day since April, after a so-so earnings report from Google owner Alphabet sparked an almighty Big Tech selloff.