Previous Close | 5.21 |
Open | 5.80 |
Bid | 7.35 |
Ask | 7.55 |
Strike | 82.00 |
Expire Date | 2024-05-24 |
Day's Range | 5.60 - 7.25 |
Contract Range | N/A |
Volume | |
Open Interest | 1.75k |
The major indexes set all-time highs while many leading stocks flashed buy signals. Walmart and Asian e-commerce giants rallied on earnings.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
Thanks to increased adoption and advancements in AI, demand for cloud services remains strong. Megaclouds registered significant growth in cloud revenue in Q1 of 2024.