Previous close | 523.00 |
Open | 499.18 |
Bid | 478.50 |
Ask | 491.50 |
Strike | 1,260.00 |
Expiry date | 2024-12-20 |
Day's range | 499.18 - 499.18 |
Contract range | N/A |
Volume | |
Open interest | 39 |
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.
(Bloomberg) -- The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other chipmakers into the upper echelons. There’s one storied corner, though, where the changes wrought by AI haven’t shown up: the Dow Jones Industrial Average.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.4 Billion of Upgrades for G
We recently published a list of 10 Trending AI Stocks to Watch in September. Since Broadcom Inc (NASDAQ:AVGO) ranks 6th on the list, it deserves a deeper look. Sam Stovall, chief investment strategist at CFRA Research, said while talking to CNBC in a latest program that since 1990, the market on average gains about 18% between the […]