Options Market Statistics: Nvidia, Chip Stocks Rebound After Sell-Off, Options Pop

News Highlights

Options Newsman21:08 ET

Goldman Sachs' top stock analyst: AI will not trigger an economic revolution, the bubble will burst eventually.

Jim Covello believes that the economic benefits brought by AI are not even comparable to those of smart phones and the internet; AI replaces low-paying jobs with expensive technology, which is completely opposite to the technological transformation that has occurred in the technology industry in the past thirty years.

wallstreetcn18:18 ET

Why 'Unloved' Small-cap Stocks Are in Store for a Strong Second Half - Carson's Detrick

Seeking Alpha17:37 ET

Ultraman is building a 7 trillion chip empire? OpenAI and Broadcom may collaborate to develop AI chips.

The media reported that OpenAI is trying to create its own chips, recruiting former Google AI chip-related employees to develop an AI server chip. OpenAI CEO Altman plans to establish a new company with external investors to bear the cost of building a new datacenter to accommodate the new ai chip.

wallstreetcn17:18 ET

"The most knowledgeable about Apple" analyst Ming-Chi Kuo predicts that there will not be a big change in iPhone 16 orders.

Guo Mingchi poured cold water on the market's optimistic expectations for Apple. He pointed out that the recent financial conference calls of Apple's two major suppliers, Taiwan Semiconductor and Dowlight, hinted that orders for the iPhone 16 may not have increased. He believes that consumer expectations for purchasing the new iPhone 16 for the test version of Apple Intelligence in the second half of this year may be too optimistic.

wallstreetcn17:09 ET

Wall Street Today | Market Faces Second-Day Pullback

The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.

Column16:31 ET