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NVDA Jun 2024 860.000 put
| Previous close | 51.45 |
| Open | 50.10 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 860.00 |
| Expiry date | 2024-06-21 |
| Day's range | 49.02 - 51.75 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.62k |
- Yahoo Finance Video
The tech giants to benefit from AI bullishness: Strategist
Chip company Arm Holdings' (ARM) disappointing 2025 forecast could be signaling slowdowns in AI demands. Big Tech companies like Meta (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have all announced major investments in building out their AI infrastructures. While the plans show confidence in the future, will they actually pay off? Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Morning Brief to give insight into the AI sector and discuss which companies are in the best position to actually benefit from AI investments. When asked about when investors will see real payoffs from these big investments from AI, Forrest says: "Building out the data center is part of it, then you're going to have companies like Meta, Microsoft, and Amazon (AMZN), and everybody else is going to pile in and start using the generative AI to maybe increase productivity... And I would look for who do you think is most likely to benefit from using generative AI. And we've just mentioned them, right? Amazon, Meta, and Microsoft, and to me Microsoft is really probably [in] the best position because they'll get people to actually pay for it, not just advertising dollars." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Reuters
US STOCKS-Futures rise ahead of data, speeches from Fed officials
U.S. stock index futures rose on Friday, as investors eagerly awaited comments from Federal Reserve officials to get more clarity on rate cuts, after economic data this week supported bets of monetary policy easing. Wall Street indexes were inching closer to record highs following a selloff last month, as a slew of economic data pointed to a cooling labor market, raising expectations that the Fed will cut borrowing costs more than once this year.
Barrons.comNvidia Stock Gains. What’s Driving the Chip Maker.
Confidence in the company's upcoming results could be bolstered by Taiwan Semiconductor's recent sales report.
