By Laura Matthews NEW YORK (Reuters) -Options traders are pricing in about a $260 billion swing in Nvidia’s market value following the chipmaker’s second-quarter earnings expected on Wednesday, U.S. options market data showed. Nvidia options implied a roughly 6% swing for the shares in either direction following the results, which will be reported after markets…
US stock futures teetered around the flatline as investors counted down to Nvidia’s (NVDA) earnings report. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) fluttered up 0.1%. Stocks fell on Monday, pulling back from last week’s record-setting rally following Federal Reserve Chair Jerome…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth…
Nvidia (NVDA) will close out Big Tech’s earnings season when it reports its second quarter results after the bell on Wednesday. The report comes after a flurry of moves between the company and the Trump administration, which saw Trump revoke his prior ban on the sale of Nvidia’s chips to China but will now require…
PDD Holdings (PDD) stock gained 5% in premarket trading on Monday after the Chinese e-commerce giant beat earnings estimates by a wide margin. Shares spiked as much as 12% earlier but pared gains as investors digested the report. The Temu and Pinduoduo owner reported earnings per American depository share (ADS) of 20.75 Chinese yuan (approximately…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
In 2000, internet darling Cisco was the world’s most valuable company. Today it’s worth half as much. AI juggernauts like Nvidia and Palantir are driving the tech-bloated S&P 500 today. Buyer beware. Atthe end of the 1990s, there was one narrative on every stock broker’s lips. The so-called world wide web would change everything about…
US stock futures ticked down after Wall Street’s powerful rally to close out last week with eyes all on Nvidia (NVDA) earnings for the week ahead. Futures attached to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the Nasdaq 100 (NQ=F) slipped 0.2%. On Friday, the Dow Jones Industrial Average (^DJI) surged…