AI Has 'The Hallmarks Of An Inflating Bubble,' Warns Veteran Wall Street Investor
Signs are emerging that the market boom surrounding artificial intelligence (AI) might be taking on the characteristics of a bubble.This warning comes from Wall Street veteran investor Ed Yardeni, Pre
10 Information Technology Stocks With Whale Alerts 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 scan
Nancy Pelosi Made Millions on NVIDIA Options – Here's Her Next Move
In the high-stakes world of congressional stock trading, few names have commanded as much attention as Nancy Pelosi and her husband Paul's financial maneuvers. Recently, disclosures from the former Speaker of the House revealed a continued focus on the tech sector, with substantial option trades in companies like
Nvidia, Apple, Amazon, Google, Microsoft And Their Journeys: The Tech Icons That Put America On The World Stage
On July 4th, as Americans celebrate independence, it's also a time to reflect on the iconic companies that have shaped the nation's economy and global influence. From humble beginnings to global giant
Tesla Stake Cut Defended By Gary Black, Says Strategy Shift 'Additive To Our Performance' — Mega Bull Highlights Positives, Negatives Of Elon Musk's Auto Company
Future Fund Managing Partner Gary Black has defended the decision to reduce the fund's stake in Tesla Inc. (NASDAQ:TSLA), citing a shift in investment strategy and the electric vehicle maker's perform
As the stock price hits a new high, executives are busy reducing their shareholdings: Huang Renxun has reduced his by 160 million, and Bezos wants to sell 5 billion!
After Nvidia's skyrocketing share price in June, surpassing Microsoft to become the "most valuable company in the world," CEO Jensen Huang reduced his shareholding. Now, Amazon's stock price has hit a new high, and founder Jeff Bezos is also planning to reduce his shareholding by 25 million shares.
Nvidia, Koss Corp, Broadcom, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Wednesday, major U.S. indices showed mixed performance: the Dow Jones Industrial Average dipped slightly by 0.06% to 39,308, while the S&P 500 climbed 0.5% to 5,537.02, and the Nasdaq increased by
Options Market Statistics: Nvidia Stock Rebounds Strongly After Brief Dip, Options Pop
News Highlights
'Congressional stock god' takes action! Pelosi purchases call options on Broadcom, 10,000 shares of Nvidia, sells Tesla and Visa.
Analysis shows that if Nvidia continues to perform well in the second half of the year, even if the increase is only half of that in the first half of the year, Pelosi's new purchase of 10,000 shares will bring her about $1 million in profits, which is more than five times her annual salary.
Soft data boosted expectations of interest rate cuts, the S&P and Nasdaq hit new highs, Tesla rose more than 7% at one point, while Nvidia reversed its losses to rise 4.6%, and American bonds boomed.
On the eve of USA Independence Day, several weak economic data published by USA increased signs of slow economic growth in USA and boosted expectations of a rate cut. For example, the USA June ISM Services index was 48.8, significantly below the expected 52.6, with the contraction rate reaching its fastest level in four years, reversing the trend of May's data, which rebounded to a nine-month high. At the same time, the increase in unemployment benefit claims and the unexpected ADP employment data showed a cooling labor market. In the week ending June 29th, the first-time jobless claims in USA rose to 238,000, hitting a new high since January of this year; and the USA June "small non-farm" ADP added 150,000 jobs.
Huang Renxun sets a monthly record for cashing out with nearly $170 million in NVIDIA shares sold in June.
In the just past June, Nvidia CEO Huang Renxun sold his Nvidia shares to cash in nearly $170 million. According to the data disclosed in the documents submitted to the regulatory authorities, Huang Renxun sold 1.3 million shares of Nvidia in June, and the media estimated that the batch of stocks was worth nearly $169 million. This set a new record for his personal monthly sale of stocks. Huang Renxun's plan to sell shares has been published as early as March of this year. At that time, Nvidia mentioned in its quarterly financial report that Huang Renxun would sell up to 600,000 shares of stock through a 10b5-1 sales plan by the end of March 2025. Market analysts pointed out that Huang Renxun's sale
Bitcoin, Ethereum Decoupling From Tech Stocks Is Positive, Experts Claim
Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger discussed the decoupling of cryptocurrency markets from tech stocks in recent weeks.What Happened: While the Nasdaq continues to rall
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 scan
Nvidiea CEO Takes Advantage of YTD Price Surge, Sells 1.3M Shares
S&P 500, Nasdaq 100 Climb To Record Highs As Data Fosters Rate Cut Optimism Ahead Of Fed Minutes; Gold, Bonds Rally: What's Driving Markets Wednesday?
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June's sharply lower-than-expected services sector activ
NVIDIA Shares Are Trading Higher Amid Strength in Chip Stocks. The Stock May Also Be Rising After Nancy Pelosi Purchased Shares of the Stock.
NVIDIA Shares Are Trading Higher Amid Strength in Chip Stocks. The Stock May Also Be Rising After Nancy Pelosi Purchased Shares of the Stock.
What's Going On With Broadcom Stock Wednesday?
Broadcom Inc (NASDAQ:AVGO) shares are rising Wednesday after former Speaker of the House Nancy Pelosi (D-Calif.) disclosed a recent purchase of call options in the semiconductor giant.
Like the S&P 500, Japan's Topix Equity Index Is Highly Concentrated and Flying High
YieldMax AMD Option Income Strategy ETF Declares $0.7347 Dividend
Nancy Pelosi Loads Up On More Nvidia Shares, Sells Tesla: 'She Always Reports Right Before A Holiday'
The calls to ban members of Congress from buying and selling stocks and options have grown over the years.One of the most followed members of Congress for stock trading activity is former Speaker of t