Previous close | 47.00 |
Open | 46.70 |
Bid | 46.15 |
Ask | 46.90 |
Strike | 170.00 |
Expiry date | 2025-09-19 |
Day's range | 46.70 - 46.70 |
Contract range | N/A |
Volume | |
Open interest | 171 |
The battle over Tesla CEO Elon Musk’s pay package landed a supporter to the mercurial CEO’s cause: billionaire investor Ron Baron.
General Motors (NYSE: GM) CEO Mary Barra assured investors that electrification is well underway with May being GM’s best ever EV sales month, defying the slowdown even the EV king, Tesla Inc (NASDAQ: TSLA), is struggling with. The EV push is owed to ongoing growth for Cadillac Lyriq, Chevrolet Blazer EV, GMC Hummer EV and Chevrolet Silverado EV, but more will be known when GM reports its second quarter results in July. Barra also noted that GM still expects 2024 to be a record year of EV sales.
Nvidia stock was up 4% Wednesday afternoon as it continued to benefit from expectations for its next generation of artificial-itelligence chips. Both Tesla and Hewlett Packard Enterprise executives called out the chip maker as the dominant supplier in the AI boom. Nvidia stock has set record closing highs in recent days after CEO Jensen Huang announced plans for the Blackwell Ultra chip in 2025 and a next-generation Rubin platform for 2026 over the weekend.