Nvidia, Koss Corp, Broadcom, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, major U.S. indices showed mixed performance: the Dow Jones Industrial Average dipped slightly by 0.06% to 39,308, while the S&P 500 climbed 0.5% to 5,537.02, and the Nasdaq increased by

Benzinga11minutes ago

Options Market Statistics: Nvidia Stock Rebounds Strongly After Brief Dip, Options Pop

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Options Newsman21:06 ET

'Congressional stock god' takes action! Pelosi purchases call options on Broadcom, 10,000 shares of Nvidia, sells Tesla and Visa.

Analysis shows that if Nvidia continues to perform well in the second half of the year, even if the increase is only half of that in the first half of the year, Pelosi's new purchase of 10,000 shares will bring her about $1 million in profits, which is more than five times her annual salary.

wallstreetcn20:30 ET

Soft data boosted expectations of interest rate cuts, the S&P and Nasdaq hit new highs, Tesla rose more than 7% at one point, while Nvidia reversed its losses to rise 4.6%, and American bonds boomed.

On the eve of USA Independence Day, several weak economic data published by USA increased signs of slow economic growth in USA and boosted expectations of a rate cut. For example, the USA June ISM Services index was 48.8, significantly below the expected 52.6, with the contraction rate reaching its fastest level in four years, reversing the trend of May's data, which rebounded to a nine-month high. At the same time, the increase in unemployment benefit claims and the unexpected ADP employment data showed a cooling labor market. In the week ending June 29th, the first-time jobless claims in USA rose to 238,000, hitting a new high since January of this year; and the USA June "small non-farm" ADP added 150,000 jobs.

wallstreetcn18:05 ET

Huang Renxun sets a monthly record for cashing out with nearly $170 million in NVIDIA shares sold in June.

In the just past June, Nvidia CEO Huang Renxun sold his Nvidia shares to cash in nearly $170 million. According to the data disclosed in the documents submitted to the regulatory authorities, Huang Renxun sold 1.3 million shares of Nvidia in June, and the media estimated that the batch of stocks was worth nearly $169 million. This set a new record for his personal monthly sale of stocks. Huang Renxun's plan to sell shares has been published as early as March of this year. At that time, Nvidia mentioned in its quarterly financial report that Huang Renxun would sell up to 600,000 shares of stock through a 10b5-1 sales plan by the end of March 2025. Market analysts pointed out that Huang Renxun's sale

wallstreetcn17:04 ET

Bitcoin, Ethereum Decoupling From Tech Stocks Is Positive, Experts Claim

Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger discussed the decoupling of cryptocurrency markets from tech stocks in recent weeks.What Happened: While the Nasdaq continues to rall

Benzinga15:39 ET