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Tech Selloff Has Erased $1.1 Trillion of 'Magnificent Seven' Market Cap in 5 Days
By Emily Bary The seven Big Tech companies collectively have shed more than $500 billion in market cap on Wednesday alone As investors rotate out of large technology stocks, the "Magnificent Seven"
Nvidia, TSMC, ASML Holding, Netflix, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Wednesday, major U.S. indices showed mixed results. The tech-heavy Nasdaq experienced its worst day since 2022, dropping 2.77% to 17,996.92. The S&P 500 declined by 1.4% to 5,588.27.
Counterpoint: The global PC market rebounded in Q2, with shipments increasing by 3.1% year-on-year to 62.5 million units.
In Q2 2024, global PC shipments increased by 3.1% year-on-year to reach 62.5 million units, marking the second consecutive quarter of year-on-year growth in the PC market.
NVIDIA(NVDA.US) Officer Sells US$30.64 Million in Common Stock
$NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN sold 240K shares of common stock on Jul 15, 16, 2024 at an average price of $127.6587 for a total value of $30.64 million.Source: Announcement What is
Nvidia-Backed AI Company Taps Clean Energy Partner
By Avi Salzman Bloom Energy stock rose 1.3% on Wednesday after signing a deal with Nvidia-backed AI cloud company CoreWeave to power a data center. It is a rare instance of a clean energy company
Amazing prediction! Nvidia (NVDA.US) plummets by 6% and put options see a staggering one-day gain of $6 million.
At the time of the sharp drop in Nvidia (NVDA.US) stock price, traders who shorted the company in the options market seem to have earned over 6.5 million dollars.
A trader made a profit of $6.5 million in one day by 'precisely short selling' Nvidia, and then allegedly locked in the profit.
Nvidia fell into a technical adjustment zone in just one day. Earlier on Tuesday, 0.06 million put spread options contracts with a strike price of 119/115 US dollars were purchased, with a total cost of approximately 1.23 million US dollars. On Wednesday's early trading session in the US stock market, about 58,000 of the same CFDs contracts were traded at once, priced at approximately 7.83 million US dollars. Market participants said the trade seems to be a closing position. If it is the same trader, the total profit is over 6.5 million US dollars.
Goldman Sachs warns not to buy on dips as the S&P 500 index is about to adjust!
Goldman Sachs issued a warning that the S&P 500 index is about to face an adjustment and advised investors not to buy on dips.
Overnight US stocks | Dow hits historic high, chip stocks suffer heavy losses, nvidia(NVDA.US) falls 6.62%.
At the close, the Dow rose 243.73 points, up 0.60%, to 41198.21; the Nasdaq fell 512.42 points, down 2.77%, to 17996.92; and the S&P 500 index fell 78.93 points, down 1.39%, to 5588.27.
The Table Turns: Five Sessions of Falling AI Semiconductors While Dow Climbs
The market pulled back Wednesday, as AI and semiconductor stocks pulled back hard while slower-growing stocks on the Dow Jones led the index to a fresh closing and intraday high.
Nvidia, AMD Among Chip Stocks to Fall Sharply on China Fears
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Form 144 | NVIDIA(NVDA.US) Officer Proposes to Sell 14.3 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 17, $NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN intends to sell 120K shares of its common stock on Jul 17, with a total market value of approximately $14.3 million. HUANG
NVIDIA Options Spot-On: On July 17th, 5.91 Million Contracts Were Traded, With 29.66 Million Open Interest
On July 17th ET, $NVIDIA(NVDA.US)$ had active options trading, with a total trading volume of 5.91 million options for the day, of which put options accounted for 40.36% of the total transactions,
Unusual Options Activity: MSTR, BK and Others Attract Market Bets, MSTR V/OI Ratio Reaches 47.8
EST Jul 17th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
AI Infrastructure CEO Says Customers Are Showing 'Relentless' Demand For Nvidia Chips And Nvidia Chips Only: 'They Do Not Want The Other Stuff'
Nvidia Corp (NASDAQ:NVDA)-backed AI infrastructure startup CoreWeave is making waves in the AI market as one of the main providers of Nvidia's AI chips. The GPU cloud provider actually offers
Analysts Are All-in on Nvidia's Biggest AI Chip Rival
Samsung Reportedly Passes NVIDIA's HBM3E Qualification Tests, Supply Expected To Initiate Next Quarter
Trending Stocks Today | Aptevo Therapeutics Shoots up 53.68%
July 17th - US stocks trending in regular trading hours.Gainers: $Aptevo Therapeutics(APVO.US)$ shoots up 53.68% to $0.51 with a turnover of $158.73 million. Losers: $ASML Holding(ASML.US)$ drops 12.0
How to Position Your Portfolio Ahead of Mag 7 Earnings
Sector Update: Tech
Tech stocks were sharply lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) slumping 3.5% and the SPDR S&P Semiconductor ETF (XSD) falling 4.3%.The Philadelphia