News Highlights
$NVIDIA (NVDA.US)$ shares surged 8.15% Wednesday to close at $116.91, with option volume of 6.29 million, and calls accounted for 63% of the volume. The $110 calls expiring September 13 lead the flow with the highest volume.
Nvidia shares jumped 8% on Wednesday after CEO Jensen Huang announced "incredible" demand for the company's AI-supporting products, claiming "everything is sold out....

$Meta Platforms (META.US)$ shares slipped 3.2% in extended trading after the company raised the low end of its capital expenditures outlook, overshadowing the earnings and revenue beat for the third quarter.
Meta sees capex for all of 2024 to be in the range of $38 billion to $48 billion, according to its press release. That compares with a previous range of $37 billion to $40 billion, and the $38.06 billion expected by analysts...

The upcoming week features a light schedule, yet it holds ample opportunities. $KB Home (KBH.US)$ and $Costco (COST.US)$ are among the stocks approaching buy levels ahead of their earnings reports. At the same time, $Micron Technology (MU.US)$'s shares have been significantly depressed, but analysts predict substantial earnings and revenue growth.
KB Home Earnings Preview
KB Home (KBH) is a strong ...