NVDA Nov 2024 89.000 call
| Previous close | 21.90 |
| Open | 23.50 |
| Bid | 30.00 |
| Ask | 30.90 |
| Strike | 89.00 |
| Expiry date | 2024-11-15 |
| Day's range | 23.50 - 30.35 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.19k |
- Yahoo Finance Video
Nvidia stands out amid macro uncertainty, strategist says
Market Domination anchors Julie Hyman and Josh Lipton sit down with UBS Global Wealth Management head of asset allocation Jason Draho to discuss the strategist's bullish view of Nvidia (NVDA) and the tech sector (XLK) at large amid macroeconomic uncertainties as the Federal Reserve considers rate cuts. The tech sector's "earnings numbers are coming through," Draho said, highlighting Nvidia's most recent quarterly report, in which he said "the results were still impressive" despite the market's reaction. "Perhaps didn't guide upwards as much as the market has liked in the past," he said, adding "the bar is just so high" for the chipmaker that "there's easy scope for disappointment." Draho said Nvidia's market position is promising, given that demand for its products outpaces supply as UBS expects artificial intelligence (AI) spending to accelerate in the next year. Nvidia CEO Jensen Huang spoke at the Goldman Sachs Communacopia & Technology Conference, saying there is "intense" demand for the company's chips. "It's not bad owning these kind of companies that have really strong earnings power, really dominant positions" rather than "taking either a lot of cyclical risk or getting too defensive in an environment where ultimately we still think it's going to be a soft landing and a relatively good macro environment over the next six to 12 months," Draho tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Tech rally, August CPI, Fed dot plot: Market Takeaways
The technology sector (XLK) was the clear standout in Wednesday's trading session, where the tech-heavy Nasdaq Composite (^IXIC) surged by over 2.1% and the S&P 500 (^GSPC) climbed 1.07%. Yahoo Finance markets reporter Josh Schafer analyzes tech sector gains following Nvidia (NVDA) CEO Jensen Huang's conference comments about the "intense" semiconductor demand, market reactions to August's Consumer Price Index (CPI), and what fresh data is indicating about the Federal Reserve's interest rate plans next week. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
Yahoo FinanceNvidia CEO Jensen Huang: 'Everybody is counting on us'
In a wide-ranging conversation with Goldman Sachs' David Solomon, Nvidia CEO Jensen Huang addressed the potential of AI, Nvidia's business, and more.
