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US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Alibaba Options Spot-On: On July 19th, 106.42K Contracts Were Traded, With 2.5 Million Open Interest
On July 19th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 106.42K options for the day, of which put options accounted for 29.36% of the total transactions, and
Get better deals on movies and snatch up better seats for performances with Ali Pictures (01060) accelerating the development of Taomai VIP privileges.
On July 19th, Taomai VIP announced that their Black Diamond membership has exceeded 3 million.
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On July 18th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 169.17K options for the day, of which put options accounted for 27.36% of the total transactions, and
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
"The most powerful and cost-effective"! OpenAI releases GPT-4o mini model.
Starting from Thursday, GPT-4o mini will be available to free users of ChatGPT, ChatGPT Plus, and team subscribers, and will be available to ChatGPT enterprise users next week. OpenAI plans to integrate images, videos, and audio into this model in the future.
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