Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Broadcom Inc (Symbol: AVGO), where a total of 236,919 contracts have traded so far, representing approximately 23.7 million underlying shares. That amounts to about 92.5% of AVGO's average daily trading volume over the past month of 25.6 million shares. Particularly high volume was seen for the ...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Broadcom Inc (Symbol: AVGO), where a total of 236,919 contracts have traded so far, representing approximately 23.7 million underlying shares. That amounts to about 92.5% of AVGO's average daily trading volume over the past month of 25.6 million shares. Particularly high volume was seen for the $295 strike put option expiring February 04, 2026 , with 17,878 contracts trading so far today, representing approximately 1.8 million underlying shares of AVGO. Below is a chart showing AVGO's trailing twelve month trading history, with the $295 strike highlighted in orange: Alphabet Inc (Symbol: GOOG) saw options trading volume of 184,641 contracts, representing approximately 18.5 million underlying shares or approximately 87.1% of GOOG's average daily trading volume over the past month, of 21.2 million shares. Particularly high volume was seen for the $335 strike put option expiring March 20, 2026, with 10,701 contracts trading so far today, representing approximately 1.1 million underlying shares of GOOG. Below is a chart showing GOOG's trailing twelve month trading history, with the $335 strike highlighted in orange: And Amgen Inc (Symbol: AMGN) saw options trading volume of 24,308 contracts, representing approximately 2.4 million underlying shares or approximately 85.1% of AMGN's average daily trading volume over the past month, of 2.9 million shares. Particularly high volume was seen for the $295 strike call option expiring February 20, 2026, with 2,402 contracts trading so far today, representing approximately 240,200 underlying shares of AMGN. Below is a chart showing AMGN's trailing twelve month trading history, with the $295 strike highlighted in orange: For the various different available expirations for AVGO options, GOOG options, or AMGN options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: The views and opin...
In trading on Wednesday, shares of Progyny Inc (Symbol: PGNY) crossed below their 200 day moving average of $22.89, changing hands as low as $22.71 per share. Progyny Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of PGNY shares, versus its 200 day moving average: Looking at the chart above, PGNY's low point in its 52 week range is $17.97...
In trading on Wednesday, shares of Progyny Inc (Symbol: PGNY) crossed below their 200 day moving average of $22.89, changing hands as low as $22.71 per share. Progyny Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of PGNY shares, versus its 200 day moving average: Looking at the chart above, PGNY's low point in its 52 week range is $17.9765 per share, with $28.75 as the 52 week high point — that compares with a last trade of $22.86. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NVIDIA Corp (Symbol: NVDA), where a total volume of 2.0 million contracts has been traded thus far today, a contract volume which is representative of approximately 198.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 1...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NVIDIA Corp (Symbol: NVDA), where a total volume of 2.0 million contracts has been traded thus far today, a contract volume which is representative of approximately 198.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 119.2% of NVDA's average daily trading volume over the past month, of 166.5 million shares. Particularly high volume was seen for the $180 strike call option expiring February 04, 2026 , with 106,295 contracts trading so far today, representing approximately 10.6 million underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $180 strike highlighted in orange: PayPal Holdings Inc (Symbol: PYPL) options are showing a volume of 251,106 contracts thus far today. That number of contracts represents approximately 25.1 million underlying shares, working out to a sizeable 111.8% of PYPL's average daily trading volume over the past month, of 22.5 million shares. Especially high volume was seen for the $35 strike put option expiring September 18, 2026, with 10,070 contracts trading so far today, representing approximately 1.0 million underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $35 strike highlighted in orange: And Micron Technology Inc. (Symbol: MU) options are showing a volume of 405,418 contracts thus far today. That number of contracts represents approximately 40.5 million underlying shares, working out to a sizeable 107.7% of MU's average daily trading volume over the past month, of 37.6 million shares. Especially high volume was seen for the $450 strike call option expiring February 06, 2026, with 15,240 contracts trading so far today, representing approximately 1.5 million underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, ...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Meta Platforms Inc (Symbol: META), where a total of 353,162 contracts have traded so far, representing approximately 35.3 million underlying shares. That amounts to about 192.6% of META's average daily trading volume over the past month of 18.3 million shares. Particularly high volume was seen f...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Meta Platforms Inc (Symbol: META), where a total of 353,162 contracts have traded so far, representing approximately 35.3 million underlying shares. That amounts to about 192.6% of META's average daily trading volume over the past month of 18.3 million shares. Particularly high volume was seen for the $680 strike call option expiring February 04, 2026 , with 14,251 contracts trading so far today, representing approximately 1.4 million underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $680 strike highlighted in orange: Robinhood Markets Inc (Symbol: HOOD) options are showing a volume of 366,846 contracts thus far today. That number of contracts represents approximately 36.7 million underlying shares, working out to a sizeable 154.9% of HOOD's average daily trading volume over the past month, of 23.7 million shares. Especially high volume was seen for the $90 strike call option expiring February 06, 2026, with 14,868 contracts trading so far today, representing approximately 1.5 million underlying shares of HOOD. Below is a chart showing HOOD's trailing twelve month trading history, with the $90 strike highlighted in orange: And Applovin Corp (Symbol: APP) saw options trading volume of 80,585 contracts, representing approximately 8.1 million underlying shares or approximately 138.9% of APP's average daily trading volume over the past month, of 5.8 million shares. Especially high volume was seen for the $350 strike put option expiring February 06, 2026, with 3,279 contracts trading so far today, representing approximately 327,900 underlying shares of APP. Below is a chart showing APP's trailing twelve month trading history, with the $350 strike highlighted in orange: For the various different available expirations for META options, HOOD options, or APP options, visit StockOptionsChannel.com. Today's Most Active...
DAT activism For a while, you could sell $1 of Bitcoin for $2 on the stock exchange. If you had a pot of $100 million of Bitcoin, you could pop that into a public company, and the company’s shares would be worth $200 million. This was a hugely popular trade — the “digital asset treasury company” trade, or DAT — and lots of people with stashes of crypto did it. Good trade. But then it collapsed. No...
DAT activism For a while, you could sell $1 of Bitcoin for $2 on the stock exchange. If you had a pot of $100 million of Bitcoin, you could pop that into a public company, and the company’s shares would be worth $200 million. This was a hugely popular trade — the “digital asset treasury company” trade, or DAT — and lots of people with stashes of crypto did it. Good trade. But then it collapsed. Now you can’t sell $1 of Bitcoin for $2 on the stock exchange anymore. Strategy Inc., which pioneered the DAT strategy, is trading at about a 9% premium to net asset value, down from more than 100% at the peak, but many of the copycats are trading at significant discounts to NAV. These days, $1 of crypto might trade at 80 cents on the stock exchange. That is a sad conclusion to the story, if you are a promoter or early shareholder of a DAT. But if you don’t know or care about the back story — if you come to this situation with fresh eyes — then “$1 of crypto trades at 80 cents on the stock exchange” is great! That’s a great trade too! You just have to buy . Selling $1 of Bitcoin for $2 was a good trade while it lasted, but it ended; buying $1 of Bitcoin for 80 cents is the good trade now. Not investing advice! Well, the trade isn’t as simple as that. (Neither was the original DAT trade. In particular, it was interesting to think about how you would ultimately monetize a DAT trade. You have $100 million of crypto, you put it in a pot, you sell shares, the shares trade at a $200 million valuation, fine, but it’s not like you can sell your entire stake for $200 million. You need to keep the trade going for a while, grow the stash, etc., to make it all work. ) If there’s a $100 million pot of crypto trading at a $80 million valuation, and you buy some stock, you don’t actually get any of the underlying crypto. You get the stock. Of course, if you bought all of the stock for $80 million, you would be the sole owner of the pot. You could crack it open, take out the crypto, and sell...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Costco Wholesale Corp (Symbol: COST), where a total volume of 29,508 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out t...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Costco Wholesale Corp (Symbol: COST), where a total volume of 29,508 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 106.1% of COST's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $1070 strike call option expiring February 20, 2026 , with 2,880 contracts trading so far today, representing approximately 288,000 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $1070 strike highlighted in orange: Electronic Arts, Inc. (Symbol: EA) saw options trading volume of 21,313 contracts, representing approximately 2.1 million underlying shares or approximately 96.7% of EA's average daily trading volume over the past month, of 2.2 million shares. Especially high volume was seen for the $200 strike call option expiring June 18, 2026, with 5,397 contracts trading so far today, representing approximately 539,700 underlying shares of EA. Below is a chart showing EA's trailing twelve month trading history, with the $200 strike highlighted in orange: And Oracle Corp (Symbol: ORCL) options are showing a volume of 245,061 contracts thus far today. That number of contracts represents approximately 24.5 million underlying shares, working out to a sizeable 93.6% of ORCL's average daily trading volume over the past month, of 26.2 million shares. Especially high volume was seen for the $155 strike call option expiring February 06, 2026, with 13,692 contracts trading so far today, representing approximately 1.4 million underlying shares of ORCL. Below is a chart showing ORCL's trailing twelve month trading history, with the $155 strike highlighted in orange: For the various different availab...
In trading on Thursday, shares of Gentex Corp. (Symbol: GNTX) crossed above their 200 day moving average of $28.21, changing hands as high as $28.26 per share. Gentex Corp. shares are currently trading up about 5.1% on the day. The chart below shows the one year performance of GNTX shares, versus its 200 day moving average: Looking at the chart above, GNTX's low point in its 52 week range is $23.2...
In trading on Thursday, shares of Gentex Corp. (Symbol: GNTX) crossed above their 200 day moving average of $28.21, changing hands as high as $28.26 per share. Gentex Corp. shares are currently trading up about 5.1% on the day. The chart below shows the one year performance of GNTX shares, versus its 200 day moving average: Looking at the chart above, GNTX's low point in its 52 week range is $23.277 per share, with $37.90 as the 52 week high point — that compares with a last trade of $28.06. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Investors considering a purchase of Tango Therapeutics Inc (Symbol: TNGX) shares, but cautious about paying the going market price of $11.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $10 strike, which has a bid at the time of this writing of $2.25. Collecting that bid...
Investors considering a purchase of Tango Therapeutics Inc (Symbol: TNGX) shares, but cautious about paying the going market price of $11.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $10 strike, which has a bid at the time of this writing of $2.25. Collecting that bid as the premium represents a 22.5% return against the $10 commitment, or a 25.9% annualized rate of return (at Stock Options Channel we call this the). Selling a put does not give an investor access to TNGX's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $10 strike if doing so produced a better outcome than selling at the going market price. (Do options carry counterparty risk? This and six other common options myths debunked). So unless Tango Therapeutics Inc sees its shares fall 16.3% and the contract is exercised (resulting in a cost basis of $7.75 per share before broker commissions, subtracting the $2.25 from $10), the only upside to the put seller is from collecting that premium for the 25.9% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Tango Therapeutics Inc, and highlighting in green where the $10 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the December put at the $10 strike for the 25.9% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Tango Therapeutics Inc (considering the last 251 trading day closing values as well as today's price of $11.97) to be 102%. For other put options contract ideas at the various differen...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Alphabet Inc (Symbol: GOOGL), where a total of 225,873 contracts have traded so far, representing approximately 22.6 million underlying shares. That amounts to about 72% of GOOGL's average daily trading volume over the past month of 31.4 million shares. Especially high volume was seen for the $2...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Alphabet Inc (Symbol: GOOGL), where a total of 225,873 contracts have traded so far, representing approximately 22.6 million underlying shares. That amounts to about 72% of GOOGL's average daily trading volume over the past month of 31.4 million shares. Especially high volume was seen for the $280 strike put option expiring March 20, 2026 , with 10,073 contracts trading so far today, representing approximately 1.0 million underlying shares of GOOGL. Below is a chart showing GOOGL's trailing twelve month trading history, with the $280 strike highlighted in orange: SanDisk Corp (Symbol: SNDK) saw options trading volume of 127,380 contracts, representing approximately 12.7 million underlying shares or approximately 64.6% of SNDK's average daily trading volume over the past month, of 19.7 million shares. Especially high volume was seen for the $600 strike put option expiring February 06, 2026, with 8,545 contracts trading so far today, representing approximately 854,500 underlying shares of SNDK. Below is a chart showing SNDK's trailing twelve month trading history, with the $600 strike highlighted in orange: And Boston Scientific Corp. (Symbol: BSX) options are showing a volume of 79,665 contracts thus far today. That number of contracts represents approximately 8.0 million underlying shares, working out to a sizeable 59.3% of BSX's average daily trading volume over the past month, of 13.4 million shares. Especially high volume was seen for the $90 strike call option expiring April 17, 2026, with 15,626 contracts trading so far today, representing approximately 1.6 million underlying shares of BSX. Below is a chart showing BSX's trailing twelve month trading history, with the $90 strike highlighted in orange: For the various different available expirations for GOOGL options, SNDK options, or BSX options, visit StockOptionsChannel.com. Today's Most Active Call & Put O...
Investors eyeing a purchase of Modine Manufacturing Co (Symbol: MOD) stock, but tentative about paying the going market price of $199.61/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2028 put at the $130 strike, which has a bid at the time of this writing of $23.00. Collecting that b...
Investors eyeing a purchase of Modine Manufacturing Co (Symbol: MOD) stock, but tentative about paying the going market price of $199.61/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2028 put at the $130 strike, which has a bid at the time of this writing of $23.00. Collecting that bid as the premium represents a 17.7% return against the $130 commitment, or a 9% annualized rate of return (at Stock Options Channel we call this the). Selling a put does not give an investor access to MOD's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $130 strike if doing so produced a better outcome than selling at the going market price. (Do options carry counterparty risk? This and six other common options myths debunked). So unless Modine Manufacturing Co sees its shares decline 35.8% and the contract is exercised (resulting in a cost basis of $107.00 per share before broker commissions, subtracting the $23.00 from $130), the only upside to the put seller is from collecting that premium for the 9% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Modine Manufacturing Co, and highlighting in green where the $130 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2028 put at the $130 strike for the 9% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Modine Manufacturing Co (considering the last 251 trading day closing values as well as today's price of $199.61) to be 68%. For other put options contract ideas at the variou...
In trading on Thursday, shares of Fastly Inc (Symbol: FSLY) crossed below their 200 day moving average of $8.12, changing hands as low as $7.51 per share. Fastly Inc shares are currently trading down about 24.1% on the day. The chart below shows the one year performance of FSLY shares, versus its 200 day moving average: Apple Inc (Symbol: AAPL) options are showing a volume of 1.4 million contracts...
In trading on Thursday, shares of Fastly Inc (Symbol: FSLY) crossed below their 200 day moving average of $8.12, changing hands as low as $7.51 per share. Fastly Inc shares are currently trading down about 24.1% on the day. The chart below shows the one year performance of FSLY shares, versus its 200 day moving average: Apple Inc (Symbol: AAPL) options are showing a volume of 1.4 million contracts thus far today. That number of contracts represents approximately 139.1 million underlying shares, working out to a sizeable 254.2% of AAPL's average daily trading volume over the past month, of 54.7 million shares. Especially high volume was seen for the $280 strike call option expiring February 04, 2026, with 107,337 contracts trading so far today, representing approximately 10.7 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $280 strike highlighted in orange: And Palantir Technologies Inc (Symbol: PLTR) options are showing a volume of 1.0 million contracts thus far today. That number of contracts represents approximately 102.1 million underlying shares, working out to a sizeable 233.2% of PLTR's average daily trading volume over the past month, of 43.8 million shares. Especially high volume was seen for the $150 strike call option expiring February 06, 2026, with 39,193 contracts trading so far today, representing approximately 3.9 million underlying shares of PLTR. Below is a chart showing PLTR's trailing twelve month trading history, with the $150 strike highlighted in orange: For the various different available expirations for TSLA options, AAPL options, or PLTR options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in T. Rowe Price Group Inc (Symbol: TROW), where a total volume of 10,581 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in T. Rowe Price Group Inc (Symbol: TROW), where a total volume of 10,581 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.6% of TROW's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $90 strike put option expiring March 20, 2026 , with 3,645 contracts trading so far today, representing approximately 364,500 underlying shares of TROW. Below is a chart showing TROW's trailing twelve month trading history, with the $90 strike highlighted in orange: UnitedHealth Group Inc (Symbol: UNH) saw options trading volume of 62,768 contracts, representing approximately 6.3 million underlying shares or approximately 52.9% of UNH's average daily trading volume over the past month, of 11.9 million shares. Especially high volume was seen for the $285 strike call option expiring February 06, 2026, with 2,270 contracts trading so far today, representing approximately 227,000 underlying shares of UNH. Below is a chart showing UNH's trailing twelve month trading history, with the $285 strike highlighted in orange: And Intuitive Surgical Inc (Symbol: ISRG) saw options trading volume of 10,873 contracts, representing approximately 1.1 million underlying shares or approximately 48.4% of ISRG's average daily trading volume over the past month, of 2.2 million shares. Especially high volume was seen for the $500 strike put option expiring May 15, 2026, with 1,900 contracts trading so far today, representing approximately 190,000 underlying shares of ISRG. Below is a chart showing ISRG's trailing twelve month trading history, with the $500 strike highlighted in orange: For the various different available expirations for TROW options, UNH options, or...
In trading on Wednesday, shares of Astera Labs Inc (Symbol: ALAB) crossed below their 200 day moving average of $145.64, changing hands as low as $142.12 per share. Astera Labs Inc shares are currently trading down about 10.2% on the day. The chart below shows the one year performance of ALAB shares, versus its 200 day moving average: Looking at the chart above, ALAB's low point in its 52 week ran...
In trading on Wednesday, shares of Astera Labs Inc (Symbol: ALAB) crossed below their 200 day moving average of $145.64, changing hands as low as $142.12 per share. Astera Labs Inc shares are currently trading down about 10.2% on the day. The chart below shows the one year performance of ALAB shares, versus its 200 day moving average: Looking at the chart above, ALAB's low point in its 52 week range is $47.125 per share, with $262.90 as the 52 week high point — that compares with a last trade of $142.81. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
But in a message headed "draft statement" sent by a "G Maxwell" to Jeffrey Epstein in 2015, she wrote: "In 2001 I was in London when [redacted] met a number of friends of mine including Prince Andrew. A photograph was taken as I imagine she wanted to show it to friends and family."
But in a message headed "draft statement" sent by a "G Maxwell" to Jeffrey Epstein in 2015, she wrote: "In 2001 I was in London when [redacted] met a number of friends of mine including Prince Andrew. A photograph was taken as I imagine she wanted to show it to friends and family."
JHVEPhoto/iStock Editorial via Getty Images Live Nation ( LYV ) is buying Italian venue operator ForumNet Group from Bastogi S.p.A. in a deal valued at $106M, a move that will grow the U.S.-based ticketing and concert organizing company's international portfolio. Through the deal, Live Nation will get its hands on Unipol Forum, a popular live music and sports arena in Milan that opened in 1990, th...
JHVEPhoto/iStock Editorial via Getty Images Live Nation ( LYV ) is buying Italian venue operator ForumNet Group from Bastogi S.p.A. in a deal valued at $106M, a move that will grow the U.S.-based ticketing and concert organizing company's international portfolio. Through the deal, Live Nation will get its hands on Unipol Forum, a popular live music and sports arena in Milan that opened in 1990, the company said on Wednesday. The arena is home to the Armani Olimpia Milano basketball team and will host certain 2026 Winter Olympics events. Live Nation plans to make a significant investment in Unipol Forum, upgrade the venue, and introduce measures to reduce carbon footprint. Additionally, the deal will add Teatro Repower and include the management of the open-air venue Carroponte, both of which are also in Milan, Live Nation said. The existing ForumNet team will continue to operate the venues. The transaction is expected to close in April 2026. More on Live Nation Entertainment Live Nation: Lawsuit Uncertainty And Lofty Valuations Make Me Pass On It Live Nation: Deceleration Fears Are Becoming A Reality Live Nation gains after court hearing on DOJ's antitrust lawsuit ends UK to ban resale of live show tickets above face value - FT Seeking Alpha’s Quant Rating on Live Nation Entertainment
Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) is hitting its stride in artificial intelligence. Its Gemini model continues to advance rapidly in capabilities and adoption. Late last month, Google launched Project Genie, an experimental world model that generates interactive, real-time 3D environments from simple text or image prompts. The release has sent shockwaves through the tech sector, particularly am...
Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) is hitting its stride in artificial intelligence. Its Gemini model continues to advance rapidly in capabilities and adoption. Late last month, Google launched Project Genie, an experimental world model that generates interactive, real-time 3D environments from simple text or image prompts. The release has sent shockwaves through the tech sector, particularly among software ... This Is Alphabet’s ‘Secret Portfolio’s’ Worst Performer and Google Is Helping Kill
The Supreme Court lets California use its new, Democratic-friendly congressional map toggle caption Ethan Swope/AP The Supreme Court is allowing California to use its new congressional map for this year's midterm election, clearing the way for the state's gerrymandered districts as Democrats and Republicans continue their fight for control of the U.S. House of Representatives. The state's voters a...
The Supreme Court lets California use its new, Democratic-friendly congressional map toggle caption Ethan Swope/AP The Supreme Court is allowing California to use its new congressional map for this year's midterm election, clearing the way for the state's gerrymandered districts as Democrats and Republicans continue their fight for control of the U.S. House of Representatives. The state's voters approved the redistricting plan last year as a Democratic counterresponse to Texas' new GOP-friendly map, which President Trump pushed for to help Republicans hold on to their narrow majority in the House. And in an unsigned order released Wednesday, the high court's majority denied an emergency request by the California's Republican Party to block the redistricting plan. The state's GOP argued that the map violated the U.S. Constitution because its creation was mainly driven by race, not partisan politics. A lower federal court rejected that claim. Sponsor Message The ruling on California's redistricting plan comes two months after the Supreme Court cleared the way for the Texas map that kicked off a nationwide gerrymandering fight by boosting the GOP's chances of winning five additional House seats. "With an eye on the upcoming 2026 midterm elections, several States have in recent months redrawn their congressional districts in ways that are predicted to favor the State's dominant political party," said the court's December order in the Texas case. "Texas adopted the first new map, then California responded with its own map for the stated purpose of counteracting what Texas had done." The "impetus" for adopting both states' maps was "partisan advantage pure and simple," wrote Justice Samuel Alito in a concurring opinion, which fellow conservative Justices Clarence Thomas and Neil Gorsuch joined. The Supreme Court has previously ruled that partisan gerrymandering is not reviewable by federal courts. While the Trump administration supported the Texas redistricting by Republi...
The US Supreme Court cleared California to use its new congressional map that favors Democrats during this year’s midterm election, giving the party a pathway to neutralize anticipated Republican gains in the House due to new districts in Texas. The justices on Wednesday denied a request from the California Republican party and the US Department of Justice to prevent the state from using its new v...
The US Supreme Court cleared California to use its new congressional map that favors Democrats during this year’s midterm election, giving the party a pathway to neutralize anticipated Republican gains in the House due to new districts in Texas. The justices on Wednesday denied a request from the California Republican party and the US Department of Justice to prevent the state from using its new voter-approved map on the grounds that it was racially gerrymandered and therefore illegal. California leaders have maintained that the new map was drawn purely to counteract the Republican redistricting in Texas and that race was not a factor. The court rejected the request in a one-sentence order, without explanation or any noted dissent. The decision essentially creates a level playing field going into the midterm election, largely resolving the nationwide partisan redistricting fight that started when President Donald Trump directed Texas to redraw its congressional districts to favor Republicans. The stakes for Trump during the midterms are massive , as a Democrat-controlled House could significantly dilute his powers. Read more: Democrats Hold Early Midterms Advantage With Trump Under Fire The Supreme Court previously allowed Texas to use its new Republican-drawn congressional map during the midterm elections, despite a lower court ruling that race was improperly used in crafting the new district lines. The map sought to create five new GOP-leaning congressional seats, although some experts say new polling data suggests Republican candidates may not be able to win all of the new districts. To offset the Texas map, California leaders revised the state’s congressional districts to create five new Democratic-leaning seats. The map was approved by voters last year. Lawyers for California cited the high court’s decision on Texas’ maps in arguing their own case, stating that it is “a natural political objective” for Republicans to want to retain their House majority and it w...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." AI fears shake markets—pressuring software, ads, and Wall Street. Pharma splits as Eli Lilly surges and Novo Nordisk warns of a drop. Dealmaking roars back. Wells Fargo’s Mike Mayo on bank consolidation, plus Meredith Whitney and MNTN CEO Mark Douglas on markets, AI, and Google. (Source: Bloomberg...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." AI fears shake markets—pressuring software, ads, and Wall Street. Pharma splits as Eli Lilly surges and Novo Nordisk warns of a drop. Dealmaking roars back. Wells Fargo’s Mike Mayo on bank consolidation, plus Meredith Whitney and MNTN CEO Mark Douglas on markets, AI, and Google. (Source: Bloomberg)
This article first appeared on GuruFocus. Nvidia Corp. (NVDA, Financials) is nearing a landmark $20 billion investment in OpenAI as part of the AI startup's massive $100 billion funding round, Reuters quoted a source. The transaction would be Nvidia's greatest investment and boost its clout in the fast growing artificial intelligence field. After allegations that OpenAI is unhappy with Nvidia's ne...
This article first appeared on GuruFocus. Nvidia Corp. (NVDA, Financials) is nearing a landmark $20 billion investment in OpenAI as part of the AI startup's massive $100 billion funding round, Reuters quoted a source. The transaction would be Nvidia's greatest investment and boost its clout in the fast growing artificial intelligence field. After allegations that OpenAI is unhappy with Nvidia's new AI inference processors, the investment is possible. Nonetheless, both companies have publicly maintained mutual respect. OpenAI CEO Sam Altman said Nvidia provides the best AI chips in the world and is a significant supplier. Nvidia CEO Jensen Huang called rumors of a schism nonsenseand said the business will invest heavily in OpenAI. Nvidia is open to this financing and a future IPO, he told CNBC. The accord followed months of talks. OpenAI's hardware demands changed, and Nvidia considered collaborations with AMD, Cerebras, and Groq, delaying its $100 billion investment plan from September. As AI chip competition heats up, Nvidia is doubling in on OpenAI's future. With the investment, Nvidia would become a key player in the infrastructure supporting large-scale AI models like ChatGPT.
This article first appeared on GuruFocus. Advanced Micro Devices Inc. (NASDAQ:AMD) shares came under heavy pressure after the chipmaker issued a first-quarter revenue outlook that fell short of the most optimistic expectations around artificial intelligence demand. The company guided for revenue of about $9.8 billion, plus or minus $300 million, above the $9.39 billion average estimate but below p...
This article first appeared on GuruFocus. Advanced Micro Devices Inc. (NASDAQ:AMD) shares came under heavy pressure after the chipmaker issued a first-quarter revenue outlook that fell short of the most optimistic expectations around artificial intelligence demand. The company guided for revenue of about $9.8 billion, plus or minus $300 million, above the $9.39 billion average estimate but below projections above $10 billion that some investors had been positioning for. Shares were down 10.4% in pre-market trading at 8:46 a.m., suggesting investors were reassessing how quickly AMD can translate AI interest into near-term revenue momentum. The underlying quarter was stronger than the forward look implied. Fourth-quarter revenue rose 34% to $10.3 billion, beating consensus estimates, while adjusted profit of $1.53 a share also came in ahead of expectations. The data center segment, which has been the main beneficiary of AI spending, grew 39% to $5.38 billion, topping forecasts, while PC-related revenue increased 34% to $3.1 billion. That strength was partially offset by margin pressure tied to shipments of older-generation MI308 chips to China, which contributed $390 million in the quarter and are expected to decline to about $100 million in the current period as demand for those products fades. Chief executive Lisa Su reiterated that AMD's AI revenue could reach the tens of billions of dollars in 2027, while pushing back on concerns around component shortages and highlighting ongoing demand. The company continues to navigate US export restrictions, with licenses still pending to sell its newer MI325 processors in China, even as President Donald Trump has moved to relax some curbs. Longer term, management continues to point to large agreements with OpenAI, Oracle (ORCL), and the US Department of Energy as potential drivers of growth, though investors remain focused on when those deals could begin to have a more visible impact on financial results.