Previous close | 512.83 |
Open | 511.58 |
Bid | 467.25 |
Ask | 469.10 |
Strike | 1,000.00 |
Expiry date | 2024-09-20 |
Day's range | 511.58 - 512.83 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Chip companies like Nvidia (NVDA) have skyrocketed since the AI spending boom took off, doubling their revenue every quarter. However, Nvidia's latest earnings report, despite topping expectations, disappointed investors looking for returns on the monumental spending. Catalysts Host Madison Mills digs into a Wall Street Journal chart showing the capital expenditures of AI hyperscalers since 2020, and discusses whether investors will see returns on their AI plays in the near future. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
In a wide-ranging conversation with Goldman Sachs' David Solomon, Nvidia CEO Jensen Huang addressed the potential of AI, Nvidia's business, and more.
Nvidia stock rallied above its 50-day line Thursday, while Tesla extended its recent gains. Meta rebounded from a key support level.