Investors turned defensive as worries over the Fed's rate path timing and magnitude pushed Treasury yields higher, pressuring large-cap stocks.Options flows showed SPY at an inflection point, with either a 9.4% rally priced in by July expiry or a 5.6% drop expected by August. QQQ had at least 0.7% further upside priced in by June 14. For small-caps, upside appeared capped with expectations for IWM's rally staying below 5.1% by mid-June.Details:The S&P 500 ETF (SPY) saw open call interest rise 1.4% over the past 5 days. Open put contracts increased 1.2% over the same period.For call options, investors bought the most $SPY 20240719 580.0 CALL$ with a 580 strike, adding 46,000 contracts. This implies around 9.4% further
On the 22 May 2024 interview with Yahoo Finance, $NVIDIA Corp(NVDA)$ CEO Mr Jensen Huang offered strong praise for $Tesla Motors(TSLA)$ advancements in self-driving technology, even as other automakers ramp up their own autonomous driving efforts. To paraphrase - "Tesla is far ahead in self-driving cars," Huang remarked, acknowledging Tesla's significant head start in the field. (see below) However, he also supplemented that autonomous capabilities will eventually become standard in all vehicles. Huang's comments is pivotal for Tesla, as the company faces: Scrutiny. Increasing competition. …relating to its Full Self-Driving (FSD) technology that has just been rebranded to underscore “the need for driver s
This week, AI concept stocks $Salesforce.com(CRM)$, $C3.ai, Inc.(AI)$, $Dell Technologies Inc.(DELL)$ , $Marvell Technology(MRVL)$, and $HP Inc(HPQ)$ will release their financial reports.With the further development and application of AI in 2024, beneficiaries extend from software, chips, and SaaS companies to AIPC.Let’s look at $NVIDIA Corp(NVDA)$’s AI Spider Web:chart from XCould $Dell Technologies Inc.(DELL)$ become the next SMCI?$Dell Technologies Inc.(DEL
Click to vote. Guess how $Faraday Future Intelligent Electric Inc.(FFIE)$ will close Wednesday 29/05 following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Faraday Future Intelligent Electric Inc.(FFIE)$ is set to release its Fourth Quarter 2023 financial results after market closes on Tuesday, May 28. Faraday Future saw its shares soar around 2,200% in the trailing month. However, prior to the surge, FFIE stock had traded well below the minimum price requirement to stay listed. While Faraday enjoys demand from bullish speculators, that may not be enough to overcome current challenges.In the past five sessions, Faraday lost about 40% of market valu