Explosive trading in Nvidia options could be dictating the whole stock market

Nvidia 's wild price swings are having a strong hold on the entire market, and "insane" options trading in the chipmaker could be the culprit. The tech giant's stunning 8% rally on Wednesday helped lift the entire S & P 500, which had earlier fallen on a mixed inflation report. Nvidia rallied almost 2% Thursday.

mountain Nvidia Nvidia, which topped $3 trillion in market value earlier in 2024, is now third-largest stock in the S & P 500 after Apple and Microsoft . The chipmaker, as well as the AI story it represents, has been dominating investor sentiment all year and moving other semiconductor stocks, the tech sector and the broader market. Its average one-day percentage move over the past 50 days is 3.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia's $279 billion wipeout — the biggest in U.S. history — drags down global chip stocksGlobal semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight.
Herkunft: NBCNewsHealth - 🏆 707. / 51 Weiterlesen »

Global stocks plummet after Wall Street's worst day since AugustThe S&P 500's heaviest weight, Nvidia, fell 9.5% Tuesday.
Herkunft: komonews - 🏆 272. / 63 Weiterlesen »