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NVDA Nov 2024 540.000 put
| Previous close | 2.5800 |
| Open | 2.4600 |
| Bid | 2.3100 |
| Ask | 2.7100 |
| Strike | 540.00 |
| Expiry date | 2024-11-15 |
| Day's range | 2.4600 - 2.4600 |
| Contract range | N/A |
| Volume | |
| Open interest | 146 |
- Yahoo Finance Video
Why Nvidia earnings couldn't sustain market rally: Strategist
Markets are slightly rallying (^DJI, ^IXIC, ^GSPC) as they recover from recent losses, defying the expectations of investors who hoped that Nvidia's (NVDA) earnings would substantially boost markets. To shed light on this dynamic, Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner joins the Morning Brief to discuss the underlying factors behind current market behavior. Lerner attributes the muted market reaction to the elevated expectations surrounding Nvidia's earnings report. He compares "the anticipation of this report" to the level of anticipation typically seen for inflation or economic data releases. However, he notes that in such instances, "regardless of the number, the markets often act differently than you would expect." As earnings season draws to a close, Lerner notes that market focus is shifting away from individual company results and toward the broader question of "what is the Fed gonna do?" Lerner notes the next catalyst that could propel markets higher would be the emergence of "more disinflationary pressures." 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
- Yahoo Finance Video
Investing in the next phase of AI race after Nvidia earnings
The AI trade is still alive and well! Chip powerhouse Nvidia (NVDA) beat its fiscal first-quarter earnings, reported on Wednesday, and CEO Jensen Huang believes artificial intelligence will continue to be a "giant market opportunity" for the company. Creative Strategies CEO and Principal Analyst Ben Bajarin and Harvest Portfolio Management Co-CIO and Wall Street Beats Partner Paul Meeks sit down with Yahoo Finance's Market Domination to share their perspectives on Nvidia's positive quarter and where the company can go in artificial intelligence inferencing, or the process of training an AI model by running new data through it. "This is where the works really gotta come in to really understand where these workloads are going to go. Looking at where a lot of big businesses and enterprises are going to want to run their workloads, either in the cloud or on PRAM, and I do believe there's something to this," Bajarin lays out. "AI factories, sovereign AI, that's going to happen. But does that mean that's totally Nvidia systems? I think that's that's still an open question. It's really going to come down to cost." Bajarin and Meeks also weigh in on where other hyperscaler cloud service providers and PC companies fit into the greater AI race. For more of everything Nvidia, catch Yahoo Finance's exclusive interview with CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
How the AI boom is overwhelming data center, energy demand
Nvidia's (NVDA) first quarter earnings results proved the growing appetite for data centers in the artificial intelligence era is not close to slowing down. However, industry experts caution that harnessing the power necessary to fuel this AI-driven revolution is the next challenge. Yahoo Finance's Ines Ferré delves into the details, providing valuable insights into how the energy sector will be greatly impacted by this influx of demand for artificial intelligence. Hear more about Nvidia in this exclusive interview with CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
