NVDA Oct 2024 1940.000 call
| Previous close | 15.00 |
| Open | 15.75 |
| Bid | 13.90 |
| Ask | 14.35 |
| Strike | 1,940.00 |
| Expiry date | 2024-10-18 |
| Day's range | 13.05 - 20.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 885 |
Yahoo FinanceUS prepares for antitrust clash with AI heavyweights Nvidia, OpenAI, Microsoft
The biggest antitrust regulators are stepping up their scrutiny of the nation’s most powerful developers of artificial intelligence, the latest effort by the Biden administration to rein in what it views as anticompetitive behavior.
- Yahoo Finance Video
DOJ, FTC, plan probes into Nvidia, Microsoft, OpenAI: Rpts.
The US Justice Department and the Federal Trade Commission are looking to investigate Nvidia, OpenAI, and Microsoft. According to a report from The New York Times, the DOJ will investigate Nvidia (NVDA) to see if it has violated antitrust laws, while the FTC will probe Microsoft's (MSFT) and OpenAI's actions. It comes as The Wall Street Journal reports the FTC is probing whether Microsoft structured a deal with Inflection AI in a way to intentionally avoid regulator scrutiny. A Microsoft spokesperson tells Yahoo Finance, "Our agreements with Inflection gave us the opportunity to recruit individuals at Inflection AI and build a team capable of accelerating Microsoft Copilot, while enabling Inflection to continue pursuing its independent business and ambition as an AI studio. We take our legal obligations to report transactions under the HSR Act seriously and are confident that we have complied with those obligations." Yahoo Finance legal reporter Alexis Keenan breaks down what the investigations could mean for the companies. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Cross-sector earnings growth a boon for markets: Strategist
Nvidia's (NVDA) $3 trillion market valuation has raised questions about its broader impact on the stock market. Principal Asset Management chief global strategist Seema Shah joins the Morning Brief to offer her insights on this development. While acknowledging that markets heavily influenced by a single name or sector can be vulnerable, Shah notes a positive trend emerging from the recent earnings season: earnings growth "across various sectors." This diversification of growth drivers is seen as a positive sign for market stability and suggests a potential broadening of the rally. Addressing the sustainability of positive market momentum, Shah told Yahoo Finance, "When we're looking at earnings expectations for the remainder of 2024 and into 2025, the key thing that we're looking for is this continuation in economic growth." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
