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Amazon Leaps Over Tesla as Second Most Active Stock Option Amid AI Optimism
Palantir Joins Nvidia, SMCI, Tesla in Top 4 Options Volume as Stock Hits Fresh Record
By the end of the year, everything in the US stock market seems to be going well.
Since the beginning of this year, the US stock market has already hit 55 historical highs. Experts at Goldman Sachs said the 56th is not far away as the end of the year brings record inflows into the market, retail investors are coming back from the Thanksgiving holiday, and strong demand for share buybacks by US corporations along with low market volatility will continue to drive the US stock market higher.
MicroStrategy, UnitedHealth Group, SoundHound, SentinelOne, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Options Market Statistics: Marvell's Stock Skyrockets on AI Hopes; Options Pop
Tech giants are spending extravagantly, the AI arms race is heating up, and chip stocks are soaring across the board.
The competition among technology giants in AI hardware is intensifying. This week, amazon claimed it would build the world's largest AI computing cluster, followed closely by Meta announcing a $10 billion AI datacenter. There are also reports that xAI, under Elon Musk, is planning to expand its supercomputer project tenfold...