S&P 500 INDEX

As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism

As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism

The recent rebound in US tech stocks isn’t convincing options traders just yet. While the shares have led market gains since a meltdown earlier this month, the cost of contracts hedging against volatility in the largest exchange-traded fund tracking the Nasdaq 100 Index remains high relative to contracts on the SPDR S&P 500 ETF Trust. Source link lol
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Dip Buyers Plow Record Cash Into Megacap Fund Dominated by Tech

Dip Buyers Plow Record Cash Into Megacap Fund Dominated by Tech

Investors are back lavishing millions onto megacaps as the high-flying tech stocks resume their climb, shrugging off the vestiges of last week’s market meltdown.Traders poured a net $210 million into the Invesco S&P 500 Top 50 ETF (ticker XLG) on Monday, the biggest one-day influx in the fund’s nearly 20-year history, data compiled by Bloomberg show. The record inflow — and fourth straight one — pushed the ETF’s assets up by 4% to $5.3 billion, with nearly half of that attracted in the past year alone. Source link lol
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Nvidia Rebound Adds $400 Billion in Market Value Over Four Days

Nvidia Rebound Adds $400 Billion in Market Value Over Four Days

It’s been a rough six weeks for Nvidia Corp. shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility. Now, though, signs are emerging the worst might be over.The chipmaker’s shares have surged nearly 17% in the past four sessions, adding more than $400 billion in market value to one of the biggest companies in the world. The rebound has propelled the broader market higher as well, with Nvidia accounting for about 22% of the S&P 500’s gain over that span, double the contribution of any other single stock.…
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Buffett’s Apple Share Dump Is Set to Reshape Major Stock Gauges

Buffett’s Apple Share Dump Is Set to Reshape Major Stock Gauges

Warren Buffett’s sudden sale of a huge pile of Apple Inc. shares has come with a surprise silver lining for investors in the iPhone maker: Its influence in major stock indexes is set to be fully unleashed.Apple’s weighting in a slew of benchmarks has been depressed for years because Buffett’s Berkshire Hathaway Inc. tends to hold its investments for the long run, making them unavailable for trading. As a result, index providers calculated the tech company’s weight based on a methodology known as float-adjusted market capitalization. Source link lol
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Palantir Ups Profit Outlook, Says AI Has ‘Transformed’ Business

Palantir Ups Profit Outlook, Says AI Has ‘Transformed’ Business

Palantir Technologies Inc.’s stock jumped in extended trading after the company raised its annual outlook, citing continuing demand for its artificial intelligence software.Palantir also topped analyst estimates for sales and profit for the quarter, helping send its stock up more than 15% after the results were released. Source link lol
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