Top Gap Ups and Downs on Friday: SONY, IBN, DEO and More

Moomoo News20:33 ET

On August 16th, the top 20 trading volume in the US stock market: tesla's Cybertruck is the best-selling model in the USA with sales over $0.1 million.

On Friday, Nvidia topped the list of US stock trading volume, rising 1.40% with a volume of $36.933 billion. Nvidia rose every day of this trading week and has accumulated a 18.93% increase. In the past seven trading days, it has risen for six days, with a total increase of about 26% within a week. Eric Schmidt, former CEO of Google, pointed out in a lecture at Stanford University that large tech companies are planning to invest heavily in Nvidia, especially in the construction of AI data centers, with expected costs as high as $300 billion. Schmidt said, "I'm talking to large companies and they tell me that they urgently need..."

環球市場播報16:59 ET

Citigroup Options Spot-On: On August 16th, 68,451 Contracts Were Traded, With 2.34 Million Open Interest

Moomoo News16:30 ET

Citigroup Insider Sold Shares Worth $1,532,261, According to a Recent SEC Filing

MT Newswires16:14 ET

Powell Tells Bank CEOs to Work With Fed on Increased Capital Proposal - Report

Seeking Alpha14:43 ET

Unsold Picasso can still be exchanged for liquidity. Enter the art loan market that is booming on Wall Street.

A wealthy customer of Bank of America brought forward their art collection as collateral to borrow enough money to buy a sports team. Another customer used their collection of 19th century American landscape paintings to fund the renovation of their estate. This is the flourishing world of art loans - where collections are pledged as collateral so that wealthy collectors don't have to give up their valuable treasures in order to cash them in. The slow-down in art sales has forced many to reconsider their options. In May, the most important auction season in New York saw transaction amounts fall by about 23% YoY, with the world's richest buyers watching from the sidelines. Deloitte's global art and finance coordination team

環球市場播報13:17 ET