SPY250103C505000
- 86.09
- 0.000.00%
SPDR S&P 500 ETF Newsroom
Palantir Sees Millions of Dollars in Bearish Option Trades as Stock Tumbles
The largest drop in four months! NVIDIA launched new products at CES, and Jensen Huang delivered an impressive speech, so why did the stock price still plummet?
NVIDIA's release at CES has instilled optimism about the long-term prospects, but has not met investors' expectations for short-term bullish news; there is little detail provided about the highly profitable AI Chip, and there is a lack of more specific progress on the Blackwell chip. After reaching a historic high on Monday, the stock price's retreat seems like a "buy the rumor, sell the news" reaction.
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SPY ETF Falls 1.1%
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Shares of Companies Within the Broader Technology Sector Are Trading Lower Amid Overall Market Weakness Following Recent Economic Data and a Rise in Yields. Also, the Sector May Be Falling in Response to a Recent Pullback in NVIDIA as Investors...
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