TGT Jul 2024 190.000 put
| Previous close | 26.69 |
| Open | 26.81 |
| Bid | 44.00 |
| Ask | 46.50 |
| Strike | 190.00 |
| Expiry date | 2024-07-19 |
| Day's range | 26.69 - 26.81 |
| Contract range | N/A |
| Volume | |
| Open interest | 39 |
- Yahoo Finance Video
Nvidia earnings, crypto rally, new housing data: Catalysts
On today's episode of Catalysts, Co-Hosts Seana Smith and Madison Mills invite top experts and strategists to break down some of the market's (^DJI,^GSPC, ^IXIC) biggest stories, from the crypto rally to the summer travel season driving consumer trends. Nvidia (NVDA) earnings are highly anticipated, as the chip company is expected to report a massive 242% surge in revenue. If Nvidia meets or tops these expectations, investors are hopeful it will spur a broader market rally. Skybridge Capital Founder and former White House Director of Communications Anthony Scaramucci encourages shareholders to stick with the company regardless of its earnings results: "I think if you hold it over the next decade, you're going to be very well rewarded." Newly released housing data shows existing home sales dropped in April, declining by 1.9% versus the expected 0.8%. HousingWire Lead Analyst Logan Mohtashami notes that while inventory levels have been on an upward trajectory, lingering challenges, like high mortgage rates and housing prices, are stunting the housing market's overall growth. Cryptocurrencies bitcoin (BTC-USD) and ethereum (ETH-USD) are rallying as the House is set to vote on the Financial Innovation and Technology for the 21st Century Act, or FIT21. The new crypto legislation could boost the entire sector as it would remove it from the purview of the Securities and Exchange Commission (SEC). Scaramucci adds that with the upcoming election, the Biden administration should show the sector some favorability as more individuals are looking to boost their wealth by investing in cryptocurrencies. As the summer travel season heats up, US Secretary of Transportation Pete Buttigieg joins the show to discuss how Americans should plan for their vacations ahead. He encourages all travelers to know their rights before making their trips, pointing to new measures that guarantee automatic refunds if flights get canceled. Buttigieg explains that the Department of Transportation is focused on getting "America's airlines to succeed and thrive. We want them to do it by providing good customer service and through honest practices." He adds that while many may be flying on Boeing (BA) planes this summer, consumers should not be afraid: "Look, I'm on a Boeing airplane every few days... so this is personal to me as well as something I care about as a policymaker. And bottom line is the FAA is not going to allow anything to go forward that they're not satisfied is safe." For more expert insight and the latest market action, click here This post was written by Melanie Riehl
- Yahoo Finance Video
What Target vs. Walmart earnings tell us about the consumer
Target (TGT) recently posted its first-quarter earnings, missing out on Wall Street estimates, revealing a loss of 3% in comparable sales year-over-year and a drop in US traffic by 1.9% year-over-year. Meanwhile, in Walmart's (WMT) recent quarterly report revealed an increase in comparable sales and US traffic by 3.8% year-over-year. Yahoo Finance Retail Reporter Brooke DiPalma joins Wealth! to compare the earnings figures between these two retail giants and what they signal about the consumer. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
Stocks await Nvidia earnings, Target, Fedspeak: 3 Things
Stocks (^DJI, ^IXIC, ^GSPC) are preparing for Nvidia's (NVDA) earnings due out after the market close, which could be a make-or-break factor for May market rallies. Target (TGT) narrowly missed first-quarter estimates on the top and bottom lines as the retailer reports consumer pullbacks on discretionary spending. Minutes from the Federal Reserve's latest FOMC meeting will be released this afternoon, giving a clearer indication of where the Fed stands on interest rates following commentary from central bank officials. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
