Previous close | 11.20 |
Open | 22.68 |
Bid | 19.80 |
Ask | 21.00 |
Strike | 140.00 |
Expiry date | 2024-05-24 |
Day's range | 20.20 - 24.93 |
Contract range | N/A |
Volume | |
Open interest | 587 |
Salesforce, Cava, Dell and Abercrombie & Fitch earnings loom but the core PCE price index, the Fed's favorite inflation gauge, highlights the week.
A downside reversal sets up an expectation for further weakness. But what if that doesn't materialize?
Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology. AI-heavyweight Nvidia posted strong quarterly results and forecast current-quarter revenue above Wall Street expectations on Wednesday, reinforcing that customers' spending on genAI will continue to hold strong. The positive momentum extended to Dell, which has recently launched AI-oriented personal computers and more powerful servers in collaboration with Nvidia.