NVDA Jun 2024 805.000 put
| Previous close | 1.5400 |
| Open | 1.0900 |
| Bid | 0.9600 |
| Ask | 1.0100 |
| Strike | 805.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.8900 - 1.1200 |
| Contract range | N/A |
| Volume | |
| Open interest | 465 |
- Yahoo Finance Video
How to read this week's market whiplash: Investor Playbook
US equity markets (^DJI, ^IXIC, ^GSPC) have had solid footing in 2024 despite some hiccups, until the Dow Jones Industrial Average spilled 600 points in a single day this week — the worst trading day of the year for the average. Pernas Research Co-Founder Deiya Pernas and Mahoney Asset Management CEO Ken Mahoney join Market Domination to discuss the state of index investing. Pernas believes investors' biggest worry should be "complacency" in the indexes. "The market's trading at 21 times forward. and it's somewhat typical of late-cycle that you see large cap quality do quite well and that's what we've seen this year," Pernas elaborates, pointing out small cap equities' value growth is flat and may not be participating in market rallies. "If you look at it holistically, there's some areas of the market where cracks are evident, but again, at the index level, I think there's a lot of complacency." "Tere's a lot of examples this earnings season, especially in technology, so we don't need to be near airlines and autos or retailers or some of these other ones that are mentioned. We don't need to be in those industries," Mahoney explains, later going on to discuss big names in tech. "We're in the fast lane, we're growth managers. We accept the bumpy ride in the left lane, but that's where all the CapEx spending, that's where the excitement is. The multiples can expand when we have this type of opportunity..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Under-investing in Mag 7 could mean 'big trouble': Strategist
With Nvidia's (NVDA) earnings failing to drive markets the way investors had hoped, Commerce Street Capital CEO Dory Wiley joins Market Domination to share his market outlook and discuss how investors should position themselves within the Big Tech sector. Wiley highlights the importance of Nvidia's earnings: "Nvidia drives Mag 7, Mag 7 drives the market." He acknowledges that Nvidia "blew it out of the water" with its results. However, he notes that Big Tech has been "a weak spot in the market" despite Nvidia's value proposition. Despite the recent pressure on Big Tech and the "Magnificent 7," Wiley remains optimistic about these stocks' long-term prospects: "[They] have fundamental reasons to keep growing and to keep driving the markets ... If you under-allocate, you're in big trouble." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Nvidia CEO Jensen Huang: We're building AI factories
It's hard to find a company that has gained more from the AI boom than Nvidia (NVDA). In the first quarter, the company posted a 262% rise in revenue. Its Data Center unit specifically saw its revenue soar 427% year over year to $22.6 billion. Why? Nvidia founder and CEO Jensen Huang says its because the company is basically making "AI factories." "These AI factories are essentially what we build. We build it as a holistic unit, as a holistic architecture and platform, but then we disaggregate it so that our partners could take it and put it into data centers of any kind," Huang tells Yahoo Finance in an exclusive interview. When it comes to demand for these products, Huang claims it's "so strong," adding "Hopper demand grew throughout this quarter after we announced Blackwell, and so that kind of tells you how much demand there is out there. People want to deploy these data centers right now." Be sure to check out the full interview with Nvidia CEO Jensen Huang. This post was written by Stephanie Mikulich. For more Yahoo Finance coverage of Nvidia: Nvidia stock pops 4% after earnings beat forecasts, announces stock split and dividend hike Nvidia CEO says Tesla 'far ahead' in self-driving tech as autonomous driving efforts boost chip demand Why this analyst says Nvidia is not a stock to buy Nvidia is 'central to the growing tech story': Strategist Beyond the Ticker: Nvidia
