Earnings Season Heats Up: Major Companies Set to Report Financial Results
As earnings season heats up, major companies like Google, Visa, and AMD prepare to report their financial results. Investors are eagerly anticipating key earnings reports on October 29, with expectations for significant EPS and revenue figures across various sectors, including technology and finance. Market reactions to these announcements could influence trading strategies and economic trends.
Whale Alerts Drive Tech Stock Options Activity in Market Session
Today’s stock market session saw significant activity in the Information Technology sector, with crypto whales making moves that could drive Bitcoin to new heights in 2024. Options activities in key tech stocks like NVDA, SMCI, AAPL, AMD, and COHR provide valuable insights for traders to make informed decisions.
Unusual Options Trading Activity for AMD
On Thursday, Advanced Micro Devices, Inc. (NASDAQ:AMD) experienced unusual options trading activity, with stock traders purchasing 1,069,156 call options on the company, marking an 88% increase compared to the typical volume of 569,665 call options. Several brokerages have provided their…
AMD Shares Surge on Optimism Over Demand for AI Chips from Tech Giants
AMD shares surged more than 8% on Tuesday to their highest closing price since November 2021, driven by optimism about the increasing demand for the company’s artificial intelligence (AI) chips from tech giants like Microsoft, Google, and OpenAI. Analysts at…