AAPL Jun 2024 150.000 put
| Previous close | 0.0100 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 150.00 |
| Expiry date | 2024-06-14 |
| Day's range | 0.0100 - 0.0100 |
| Contract range | N/A |
| Volume | |
| Open interest | 580 |
Yahoo FinanceNvidia overtakes Microsoft as most valuable stock in the world
Nvidia is now the largest company by market cap, surpassing Microsoft and completing a stunning rise for the chipmaker over the last two years.
- Yahoo Finance Video
Investors are favoring Big Tech due to 'benchmark FOMO'
Big Tech continues to dominate much of investor focus on Wall Street as it continues to perform well, with Evercore ISI Research claiming Nvidia (NVDA) could become 10-15% of the weight of the S&P 500 (^GSPC). RBC Capital Markets Equity Derivatives Strategist Amy Wu Silverman joins Catalysts to give insight why investors continue to focus on a couple of names in big tech rather than broaden out to different sectors. "I really feel bad at some point for these investors because I think the investors overall have really wanted to do a trade that's essentially a bet on the broadening out of the market, so they want to look at energy, they want to look at these other sectors. But then at the same time, there's this this problematic benchmark FOMO," Wu Silverman explains. "And that's sort of what I started to call it, which is just when you have a few names doing all the heavy work for the indices and you're not over-allocated to it, then you're dragging your benchmark." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Yahoo FinanceAI enthusiasm prompts 3 Wall Street banks to raise stock market forecasts
AI-driven earnings growth has strategists feeling even more bullish about stock returns this year.
