JPM May 2024 200.000 call
| Previous Close | 1.2800 |
| Open | 1.1100 |
| Bid | 1.1200 |
| Ask | 1.1500 |
| Strike | 200.00 |
| Expire Date | 2024-05-24 |
| Day's Range | 0.6700 - 1.8800 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 6.65k |
- Yahoo Finance Video
What Nvidia, consumer spending signal for the market: Catalysts
On today's episode of Catalysts, Hosts Seana Smith and Madison Mills break down key market trends and the trading day's biggest stories. As Nvidia (NVDA) is set to report its earnings this week, HSBC Global Private Banking and Wealth Management Americas CIO Jose Rasco joins the show to discuss how the chip company and the overall AI push may impact the market (^DJI,^GSPC, ^IXIC). He explains that new technology, like artificial intelligence, is diffusing across all sectors as companies seek to find efficiencies and expand revenue. Rasco adds that Nvidia and the AI boom will ultimately drive deflation in the market, ultimately resulting in lower prices for goods and services. However, there are some geopolitical pressures facing the chip sector. ASML (ASML) and Taiwan Semiconductor Manufacturing Company (TSM) could disable their chip machines remotely if China were to invade Taiwan, according to a report from Bloomberg. JPMorgan Chase (JPM) CEO Jamie Dimon sparked speculation about his potential resignation after pivoting from his usual stance during the company's annual investor day and saying that his remaining time at the company is no longer five years. Yahoo Finance's David Hollerith explains what this means for the company's future and who might be considered to succeed Dimon. Lowe's (LOW) topped Wall Street's first quarter earnings estimates, posting revenue of $21.36 billion and gains of $3.06 per share. While consumer spending remains low, CEO Marvin Ellison points to loyalty programs and online spending as areas offsetting pullback concerns. Meanwhile, Peloton (PTON) is having a more difficult time dealing with the consumer sales slump as the home fitness company announced it is starting the sale of a $1 billion loan offering. Wendy's (WEN) and (TGT) both announced new initiatives to draw consumers back to their stores, from a $3 breakfast value meal to price cuts on five thousand items. This post was written by Melanie Riehl
BloombergAbu Dhabi’s Adnoc Offers $900 Million Stake in Drilling Unit
(Bloomberg) -- The United Arab Emirates’ biggest oil company offered a 5.5% stake in its drilling unit to investors in a rare such deal for the region.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash Crash‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorState-run Abu Dhabi National Oil Co. plans to offload about 880
ReutersJP Morgan appoints former Goldman Sachs banker to lead German business
FRANKFURT (Reuters) -JP Morgan has appointed former Goldman Sachs banker Alexander Mayer as the new head of its German and Austrian business, the U.S. investment bank said in a memo seen by Reuters on Wednesday. Mayer previously spent 24 years at Goldman Sachs, most recently as head of Investment Banking for Germany and Austria. He will join JPM's Frankfurt office, which is the headquarters for its European business, later this year.
