Broadcom Options Spot-On: On July 26th, 188.29K Contracts Were Traded, With 2.85 Million Open Interest
Wall Street Enjoys Late-Week Rally On Benign Inflation Data, Dow Jones Eyes Best Session Of 2024, Tech Unwinding Stalls: What's Driving Markets Friday?
Express News | Intel up 1%, Qualcomm Gains 1.7%, Micron Technology up 1.1%
Bank of America: Technology stocks are only one "terrible non-farm report" away from collapsing.
Since the historical high point on July 10th, the market cap of companies in the Nasdaq 100 index has evaporated $2.6 trillion. Analyst Michael Hartnett of Bank of America believes that signs of an economic slowdown will put further pressure on technology stocks, but remains optimistic on the bond market for the second half of the year.
Today's Morning Movers and Top Ratings: AAPL, MMM, NVDA, COIN and More
US Stocks Look To End Week On High Note As Nvidia Leads Mega-Caps Higher In Premarket Ahead Of Key Inflation Data
Better Stock-Split Buy: Nvidia Vs. Broadcom
Express News | Intel and Qualcomm Gain Over 1.5% Each, Micron Technology up 2.2%
Express News | Nvidia up 2%, Advanced Micro Devices Gains 2.6%, Broadcom up 2.3%
Express News | U.S. Chipmakers Rebound Premarket After Sell-off This Week
As Tech Stocks Continue To Falter Amid Tesla, Google's Unimpressive Earnings, Expert Says 'Unwinding Has Begun Of Popular Trades That Brought Valuations To Stupid Levels'
Corporate Insiders Are Dumping Stock at the Fastest Rate in More Than a Decade
Broadcom Inc. (AVGO) Suffers a Larger Drop Than the General Market: Key Insights
Broadcom Options Spot-On: On July 25th, 266.2K Contracts Were Traded, With 2.85 Million Open Interest
Unusual Options Activity: SIRI, AMD and Others Attract Market Bets, SIRI V/OI Ratio Reaches 87.0
Several popular trades like AI concept are facing the risk of a crash, and valuations have reached a "stupid level".
The assumptions that drive the global financial market trend this year are facing the risk of being overturned. In the bond and forex markets, as doubts about the economic outlook deepen, investors are scrambling to re-allocate funds, speculating that the Fed will cut interest rates faster and more dramatically. Another reason for their belief is weak US consumer spending, which is also reflected in disappointing corporate earnings reports. Shareholders suddenly began to doubt whether technology companies' large-scale investments in AI could yield returns quickly, and therefore sold off stocks of big winners such as Nvidia and Broadcom. Copper and other industrial metals also reversed recent gains, as well as against the US.
Nvidia Leads Chip Stocks in Staging a Comeback. Why the Pain Could Be Short-Lived.
Chip Stock Sell-off Opens Door for Long-term Plays: Analyst
Express News | Philadelphia SE Semiconductor Index Falls 1.8%, Extends Losses for Third Day
Jim Cramer: This Tech Stock Is 'Absolutely Terrific,' But Jumia? It's Not Making A Lot Of Money