$Advanced Micro Devices (AMD.US)$ options volume rose as shares headed for their worst start to a year since 2022 after Goldman Sachs joined HSBC in downgrading the stock.
Goldman analysts led by Toshiya Hari lowered their target price on AMD to $129 from $175 as they downgraded the stock to neutral from buy Thursday. They also cut their revenue estimates, citing the weakness in personal computers and traditional end-user demand, alo...

The Federal Open Market Committee members signaled the monetary policy is "at or near its peak for this tightening cycle," minutes of their December meeting showed.
Last month, policymakers cut the target rate to a range of 4.25%-4.5% and forecast a slower pace of rate cuts this year than previously anticipated. The committee's so-called dot plot, which illustrates the projections by members of the FOMC, showed the median fed fund...

$Rigetti Computing (RGTI.US)$ joined $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$ and $Advanced Micro Devices (AMD.US)$ in the list of the most active stock options as quantum computing stocks plunge.
Shares of Rigetti, $IonQ Inc (IONQ.US)$ and $Quantum Computing (QUBT.US)$ sank more than 45% after Nvidia Chief Executive Officer Jensen Huang said the world is between 15 to 30 years away from building useful quantum computers.
H...

Canadian stocks dip, tracking declines in the U.S. as gains in metals and oil and gas sectors weren't enough to offset declines in tech, finance, and retail sectors.
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.3% lower at 24,929.89, reversing earlier gains. The blue chip $S&P/TSX 60 Index (.TX60.CA)$ also slipped 0.3% to 1,494.34.
$Shopify Inc (SHOP.CA)$ slumped 6.3% amid a wider tech sell-off that hit the main exch...

$FuboTV (FUBO.US)$'s options volume jumped more than 10-fold as the stock soared after the company agreed to combine with $Disney (DIS.US)$'s Hulu+ Live TV business.
Shares jumped 11% to $5.57 by noon Tuesday, extending its 251% surge the previous day when the deal was announced. Under the agreement, Fubo, which will own 30% of the combined virtual multichannel video programming (MVPD) company, will operate the new entity. Togeth...

Canadian stocks declined as investor weighed the impact of Prime Minister Justin Trudeau's resignation on markets. Declining oil and gold prices also dragged the shares of commodity producers.
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.2% to 24,999.79, reversing earlier gains. Decliners outnumbered the benchmark's gains 127 to 84. The $S&P/TSX 60 Index (.TX60.CA)$ Index dipped 0.3% to 1498.34.
Toronto-listed reverse...

$Palantir (PLTR.US)$ saw millions of dollars in bearish option positions after the stock's 340% surge last year fueled concerns that the rally has gone too far too fast.
Morgan Stanley analysts led by Sanjit Singh gave the stock an underweight rating and a price target of $60, implying a 25% downward potential from Friday's close. While they noted that Palantir has won the early rounds of the race to capture demand driven ...

$Apple (AAPL.US)$ options' open interest, the tally of outstanding contracts, rose Friday as large speculators jumped in amid higher volatility.
The implied volatility rose to 27.3% Friday, the highest since early November, as Apple shares headed for their fifth straight loss. A decline today would mark the longest losing streak for the stock since April.
Shares slipped after news reports that shipments of foreig...

$Tesla (TSLA.US)$ put options rose amid increasing demand for protection against further share slump after the electric vehicle maker missed analysts' estimates for fourth quarter deliveries, worsening its first annual sales decline in more than a decade.
In the three months that ended Dec. 31, the company delivered 495,570 vehicles, including Model 3/Y, according to a press release Thursday morning. That's 3.1% belo...

U.S. exchange traded funds now hold 1.14 million in $Bitcoin (BTC.CC)$, surpassing the stake of the cryptocurrency's creator Satoshi Nakamoto and fueling the rise in options trading tied to the asset, according to a Bloomberg Intelligence report.
The 11 spot Bitcoin ETFs launched in January now hold $106 billion in total assets, just $17 billion below those backed by gold, Eric Balchunas, an analyst at Bloomberg Inte...