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AMZN Jun 2024 162.500 call

OPR - OPR Delayed price. Currency in USD
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22.28-0.62 (-2.71%)
As of 02:32PM EST. Market open.
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Previous close22.90
Open22.80
Bid22.20
Ask22.40
Strike162.50
Expiry date2024-06-21
Day's range22.28 - 24.30
Contract rangeN/A
Volume32
Open interest3.41k
  • Yahoo Finance Video

    Gen AI and the Mag 7: The battle for AI dominance heats up

    Nvidia (NVDA) has reached an all-time high in trading and shows few signs of slowing down. But are there opportunities in the sector for other companies to make an intervention? Constellation Research founder and analyst R "Ray" Wang and TD Cowen managing director and senior equity research analyst John Blackledge join the Live show to discuss the future of the Magnificent Seven tech stocks and what investors need to keep in mind with so many possibilities in the sector. While Apple (AAPL) has made forays into generative AI, investors say they want more. Wang, however, sees existing potential, such as the expansion of Apple Ferret, an open-source machine learning model, and Apple chips with built-in AI. He signals that the recent regulations levied against Apple rom the Europe Union might affect AI stocks moving forward: "The challenge with AI and regulatory bodies is this is the opportunity for an aspiring politician to save the world and help us with privacy and stop big tech. And without understanding the cost/benefit analysis of what they're going up against. So you are going to see a lot more regulatory pressure and headwinds that are going to affect a lot of these tech companies, especially as government wants to get involved in the regulatory aspect of AI because tech is one of the few industries that is so lightly regulated compared to everything else." Blackledge elaborates on the nature of competition between tech companies in their pursuit of generative AI: "Microsoft (MSFT) and OpenAI clearly won the headline battle last year for sure. Alphabet (GOOG,GOOGL), as far as I was tracking, right, probably in February, March, start to go faster with it. They had some good announcements in IO last year, last May. Obviously we're talking about the Gemini launch and it is going to be a little bit uneven but I do believe it's there for them to do well and to benefit like I was saying earlier with their cloud business, for enterprises and small business, and then with their Gemini suite of products for consumers. I agree, we've heard from all of our companies have reported. They're all using generative AI across their companies for internal functions and what not. We think Alphabet will be there for it. The pressure is definitely on." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Yahoo Finance

    Macy's 'is melting away': Activist investor brings $6.6 billion bid to buyout battle

    Macy's is trying to push forward with a new growth strategy while dealing with a growing buyout battle.

  • Reuters

    Amazon's AWS to launch Saudi Arabia data centers, invest over $5.3 billion

    The cloud region will enable customers to securely store content and run workloads while offering higher speed for its users. Amazon and its cloud competitors Google-parent Alphabet and Microsoft have said they will raise their investments, primarily for data centers, to support the growing adoption of artificial intelligence technologies. Amazon said customers in the region that use AWS to run workloads include Saudi Telecom Company SJSC, Seera Holding and Mobily, among others.