Riot Options Volume Jumps as Stock Rallies 10% After Starboard Reportedly Takes Stake
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Advanced Micro Devices Options Spot-On: On December 12th, 676.6K Contracts Were Traded, With 3.9 Million Open Interest
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NVIDIA is facing dual challenges of competition and regulation; how long can the status of the AI king be maintained?
On the evening of December 12, Peking time, news reported that despite NVIDIA's significant role in advancing AI Hardware, its dominance is increasingly challenged by regulatory pressures and emerging competitors. NVIDIA has redefined the AI Chip Industry and has become synonymous with AI high-performance computing. Its GPUs have driven breakthroughs across multiple fields, from Medical Care to finance, making the company poised to become the Global company with the highest Market Cap by 2025. However, a recent series of challenges, including intense market competition and antitrust investigations encountered globally, are testing its dominance. In addition to antitrust reviews
Jim Cramer Bullish On Netflix Nearing $1,000 And AMD's 'Cheap' Valuation Despite Nvidia Dominance
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
Advanced Micro Devices (AMD) Rises Higher Than Market: Key Facts
Missed Nvidia? Buy Oracle and 2 Other Beaten-Down AI Stocks Now.
Missed Nvidia? Buy Oracle and 2 Other Beaten-Down AI Stocks Now. -- Barrons.com