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NVDA Jul 2024 955.000 put

OPR - OPR Delayed price. Currency in USD
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6.15-1.03 (-14.35%)
As of 03:32PM EDT. Market open.
Full screen
Previous close7.18
Expiry date2024-07-19
Day's range6.15 - 7.60
Contract rangeN/A
Open interest203
  • Yahoo Finance Video

    Mag 7 must perform 'incredibly well' to justify valuations

    The Nasdaq Composite (^IXIC) is facing downward pressure Wednesday morning following earnings data out from two Magnificent Seven members: EV maker Tesla (TSLA) and Google parent company Alphabet (GOOGL, GOOG). The Morning Wealth welcomes Commonwealth Financial Network CIO Brad McMillan to talk about his outlook on the upcoming results from the remaining Magnificent Seven stocks and whether Tesla and Alphabet's results are weighing on investor confidence. McMillan points to "a threat of more pressure" ahead for the Magnificent Seven. He cites high valuations based on earnings growth as a key concern. "If you don't see that earnings growth, and clearly we didn't see that with either of those two companies, that means that valuation has to come into question," McMillan tells Yahoo Finance. He notes that with the gap between the Magnificent Seven and the rest of the S&P 500 — commonly referred to as the 493 — being "extremely large," these tech giants are tasked with performing "incredibly well." Regarding concerns about a potential consumer pullback affecting earnings, McMillan remains optimistic. He emphasizes that the consumer is healthy, citing robust job market conditions and continued wage growth. "The actual purchasing power of the average worker continues to grow in a very, very healthy way," he states, indicating he is not worried about a decline in consumer spending. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Investor's Business Daily

    Magnificent Seven Stocks: Nvidia Stock Slides To Key Level, Tesla, Google Tumble On Earnings

    Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the third quarter of 2024 showed a big divergence of returns.


    Nvidia Stock Falls. What Alphabet’s Disappointing AI Spending Plans Mean for the Chip Maker.

    Nvidia ‘s stock fell Wednesday in the wake of Google parent Alphabet’s quarterly earnings. The report contained mixed signals for AI chip maker Nvidia, which dropped 3.8% to $117.96. Alphabet earnings showed that the Big Tech giant has been putting its hands deep in its pockets over the past quarter when it comes to pouring money into its cloud and artificial intelligence systems.