Previous close | 5.53 |
Open | 6.04 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 125.00 |
Expiry date | 2025-02-21 |
Day's range | 5.25 - 6.04 |
Contract range | N/A |
Volume | |
Open interest | 3.69k |
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable 50 basis point interest rate cut.
The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points is giving chip stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD) a boost. In the video above, Morning Brief anchors Seana Smith and Brad Smith break down the action. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
We recently published a list of Jim Cramer’s Top Picks: 10 Stocks to Buy and Sell. Since Advanced Micro Devices, Inc (NASDAQ:AMD) ranks 2nd on the list, it deserves a deeper look. Commenting on the aggressive rate cut by the Federal Reserve, Jim Cramer said in a latest program on CNBC that the “double” rate cut was […]