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Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
Metals & Mining Monitor | General Decline in Metal Prices; BHP Reports Record Iron Ore Production for FY24, Copper Production Rises by 9%
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
Is the darling of chip stocks changing? Citigroup: Broadcom is catching up with Nvidia.
According to Citigroup analysts, last week's communication with investors revealed that Nvidia is still the most bullish chip stock among investors, with Broadcom close behind due to its acquisition of VMware and gaining more AI customers such as OpenAI. Meanwhile, investors are becoming somewhat tired of Nvidia.
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
The
The S&P 500 Typically Outperforms in July, Underperforms August-October - RBC Capital Markets
Southwest Airlines Saved By Procrastination: How 32-Year-Old Software Protected Company From Microsoft Outage, CrowdStrike Issues
The airline sector was one of the hardest hit by the Microsoft Outage and CrowdStrike (NASDAQ:CRWD) issue on Friday.While the issues have subsided in recent days, one airline may demonstrate its
Check Out What Whales Are Doing With ADBE
Whales with a lot of money to spend have taken a noticeably bearish stance on Adobe.Looking at options history for Adobe (NASDAQ:ADBE) we detected 33 trades.If we consider the specifics of each trade,
How Is The Market Feeling About Accenture?
Accenture's (NYSE:ACN) short percent of float has fallen 7.75% since its last report. The company recently reported that it has 7.47 million shares sold short, which is 1.19% of all regular shares
US Stocks Rebound As Tech Surges, CrowdStrike Continues Selloff, Oil Hits 1-Month Lows: What's Driving Markets Monday?
Wall Street started the new week on a positive note, with all major indices in the green. A rebound in tech stocks following last week's dips bolstered overall investor sentiment. Investors focused on the start of the tech earnings season, looking past President Joe Biden's withdrawal from the reelection campaign.
10 Information Technology Stocks Whale Activity 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
Stock Of The Day: If There's One To Watch, It's Microsoft
Sometimes markets are hard to read. There may be no clear leadership. Traders are confused. They don't know what to watch.But sometimes markets are easy to read. There may be just one or two stocks
"Apple TV+ Expenditure Has Crossed $20B, Making It Unsustainable; Company Executive Taking Various Measures To Bring Costs Down Considerably" - WCCFtech
Producing rich and original content was always the goal of Apple TV+, a streaming service that saw the Cupertino firm invest upwards of $20 billion in churning out consumable media that would have
Microsoft Responds To FTC's Criticism About Xbox Game Pass, Asserting 'It Is Wrong To Call This A Degraded Version'
Microsoft Corp (NASDAQ:MSFT) issued a response to the Federal Trade Commission's (FTC) complaints concerning recent modifications to Xbox Game Pass, including price hikes and the discontinuation of
Jim Cramer Applauds CrowdStrike's Response To Global IT Outage, Sees Swift Recovery Ahead: 'It Just Happened To Be Bad Luck'
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are extending losses Monday following a global IT outage last week that the cybersecurity company claimed responsibility for. Jim Cramer expects the
SentinelOne Soars on CrowdStrike's Stumble
Serve Robotics Stock Is Soaring 53% after Nvidia Stake
Serve Robotics Inc (NASDAQ:SERV) shares are trading higher Monday. The stock appears to be moving on continued momentum after Nvidia Corp (NASDAQ:NVDA) disclosed a stake in the company last week.
Why Are Delta Air Lines Shares Descending On Monday?
Delta Air Lines Inc (NYSE:DAL) shares are trading lower after the legacy carrier canceled more than 600 flights on Monday, as it struggled to recover from a global cyber outage that impacted