XLK Jan 2025 250.000 put
| Previous close | 25.50 |
| Open | 25.50 |
| Bid | 23.50 |
| Ask | 27.90 |
| Strike | 250.00 |
| Expiry date | 2025-01-17 |
| Day's range | 25.50 - 25.50 |
| Contract range | N/A |
| Volume | |
| Open interest | 4 |
- Yahoo Finance Video
These are the 3 'broad pockets of growth' for AI, expert says
A new report from Bain & Company forecasts substantial growth in the AI product market in the coming years. The firm projects that the market for AI-related hardware and software could expand by 40-50% annually, reaching approximately $990 billion by 2027. Bain & Company global technology and cloud services practice chairman David Crawford joins Market Domination to dig into the bullish projection and discuss the outlook for AI as it seeps into all corners of the market. Crawford sees three "broad pockets of growth" for AI. First, large hyperscalers building out their capabilities are generating "enormous" demand. This demand, he says, "works its way back through the supply chain and creates shortages in a spectrum of spaces." The second pocket for growth lies in enterprise adoption. Crawford explains, "We know the trends are smaller models, more specialized models, open source, etc., but likewise requires computational capability. In some cases, they're using special-purpose compute and so forth." Finally, the third area for growth will likely be seen in independent software vendors that build AI capabilities for their products and run them in their own data centers. As generative AI becomes more widely adopted, Crawford believes there will be increased interest in sovereign ownership, control, and domiciled data centers. He tells Yahoo Finance, "It's broadly perceived that AI will be quite different and that it'll control culture, access to health and welfare, things like that. And so we think that the sort of state interests will play a much bigger role in the ultimate location of where all this occurs." Watch the video above to also find out how companies are spending on AI. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Why software stocks are outperforming chip stocks
Yahoo Finance markets and data editor Jared Blikre takes a look at broader market trends as stocks continue their rally. This ongoing rally was sparked by the Federal Reserve's interest rate cut last week. He also breaks down what has been happening in the tech space, where software stocks have started to diverge from chip stocks. 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
- Yahoo Finance Video
Analyst outlines best options market plays post-triple witching
Friday’s market close marked the end of a “triple witching” session where $5.1 trillion in stock index futures, stock index options, and stock options expire simultaneously. September’s triple witching comes the same week as the Federal Reserve kicks off its rate-cutting cycle and a rebalancing of the S&P 500 (^GSPC). eToro US investment and options analyst Bret Kenwell joins Julie Hyman and Josh Lipton to discuss the options playbook after the big day for options traders. “Today was one of the four big expiration dates of the year when it comes to the options market, and you saw that action leading up to today's session with so much back and forth," Kenwell tells Yahoo Finance. “We had a late day pop in stocks, and a lot of that plays into the expiration, but I think what's really interesting is when you look at the seasonality in September, it tends to be pretty bad for US stocks, and when you really dial into that seasonality, you see a lot of it comes in the so-called back half of mid-month…so that leaves the door open at least to see some choppiness, some profit taking, or some outright seasonal weakness kind of going into the end of the quarter.” Kenwell says he’s expecting strength in the tech sector after “tech has sort of fallen by the wayside amid all this, you know, breadth expansion...suddenly it's gone from the favorite stocks, the leadership group to being, I think it's the fourth or fifth best performer of the year.” Kenwell says there were “a lot of put sales into some of the Magnificent Seven names or a lot of the semiconductor leaders” during downturns earlier in the month. He adds “I don't know that that's necessarily the best way for a retail investor to play. It's probably a more reasonable way to play at this point would be by either buying calls or if they wanted to reduce that cost and limit their upside a bit. Call spread would be a great way to get into it.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Naomi Buchanan.
