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.
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.
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
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
Why ASLAN Pharmaceuticals Shares Are Trading Lower By Over 38%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for
Express News | Shares of Semiconductor Companies Traded Lower With Nvidia Falling Over 6%
TSMC Joins Nvidia, AMD in Options Hotlist After Trump's Remarks on Semiconductors
TSMC joined Nvidia, Advanced Micro Devices and Broadcom in the hotlist of the day's most-active stock options as former President Donald Trump said Taiwan took U.S.'s chip business.
Nvidia continues to enter the health care AI industry and collaborates with Pfizer and other investors in CytoReason, a research and development company for AI therapy models.
The current private placement financing raised a total of 80 million US dollars. The company stated that it plans to use this financing to expand the application of its model to more indications and increase its proprietary molecular and clinical data. In addition, the company has strengthened its platform with Nvidia's latest accelerated computing and AI platforms, achieving acceleration of inference workloads exceeding 10 times.
Missed Out On Nvidia? Michael Saylor Says 'Get On The Bitcoin Standard' For Even Better Returns
Semiconductor stock NVIDIA Corporation (NASDAQ:NVDA) has been one of the best performing stocks over the last year and five years, but has been beaten by software company MicroStrategy Inc (NASDAQ:
Nvidia, TSMC, and Semiconductors Hit Hard by Election Comments | Herd on Wall Street
Morning traders, it is a stormy humid day in JC, and the tech market feels it too.
Market Clubhouse Morning Memo - July 17th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates
Today's Morning Movers and Top Ratings: ASML, TSM, NVDA, TSLA and More
Nvidia shares fell 4% after a report indicated the Biden administration may tighten restrictions on exports of critical chipmaking equipment to China. Check out how ASML, TSM and Tesla's stocks are moving today.
"Rumors abound"! Is production of Nvidia GB200 delayed due to overheating and high voltage on the main board?
JPMorgan believes that issues such as heat dissipation and high voltage are more common during the introduction of new products, but they are not expected to have a substantial impact on the mass production plan. By the first quarter of 2025, the Blackwell series of GPU will account for more than half of the upstream GPU production.
Metals & Mining Monitor | Gold Advances to Record Highs; Rio Tinto Considers Acquisition of Canadian Mining Giant Teck Resources
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
Trump Media Trade Leaps Into IBKR Platform's Tally of Most-actives, With Tesla on Top
Magnificent 7 Is the Most Crowded Trade, Utilities Most OW Since 09' - BofA's FMS
Market Clubhouse Morning Memo - July 16th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates
Dow Still HItting Highs While Earnings Roll In | Herd on Wall Street
Morning traders, the heat is cranked up in Jersey City, and the Dow is hitting fresh highs on earnings results. My name is Kevin Travers, and here are stories from the moomoo herd on Wall Street today.
AI-leveraged Semis Remain Clear Leaders Heading Into Earnings Season
AI business growth tripled in three years! Bank of America considers this company to be a top symbol alongside Nvidia.
In a conference call, Bank of America identified Broadcom as a top-tier AI symbol on par with Nvidia.