Advanced Micro Devices, Inc. (AMD)
Should Investors Buy AMD Stock Instead of Intel Stock?
Intel and AMD have been competing for years, but in this comparison, only one stock is the better buy.
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Information Technology sector: These bullet-by-bullet explanations have been constructed using the accompanying table. For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on May 24, 2024. This event was a transfer of 100 contract(s) at a $170.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $304.0 per contract. There were 20472 open contracts at this strike prior to today, and today 45116 contract(s) were bought and sold. Regarding NVDA NVDA, we observe a put option sweep with neutral sentiment. It expires in 4 day(s) on May 24, 2024. Parties traded 43 contract(s) at a $950.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $177.9K, with a price of $4150.0 per contract. There were 1873 open contracts at this strike prior to today, and today 6902 contract(s) were bought and sold. Regarding SMCI SMCI, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on May 24, 2024. Parties traded 30 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $1060.0 per contract. There were 1933 open contracts at this strike prior to today, and today 5661 contract(s) were bought and sold. Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 24, 2024. Parties traded 833 contract(s) at a $127.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $40.0 per contract. There were 4296 open contracts at this strike prior to today, and today 4262 contract(s) were bought and sold. For SEDG SEDG, we notice a call option trade that happens to be bearish, expiring in 60 day(s) on July 19, 2024. This event was a transfer of 1000 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $290.0K, with a price of $290.0 per contract. There were 375 open contracts at this strike prior to today, and today 1076 contract(s) were bought and sold. Regarding PLTR PLTR, we observe a call option trade with neutral sentiment. It expires in 242 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $51.8K, with a price of $259.0 per contract. There were 31554 open contracts at this strike prior to today, and today 1024 contract(s) were bought and sold. For AKAM AKAM, we notice a call option sweep that happens to be bullish, expiring in 305 day(s) on March 21, 2025. This event was a transfer of 72 contract(s) at a $95.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $89.6K, with a price of $1241.0 per contract. There were 3128 open contracts at this strike prior to today, and today 635 contract(s) were bought and sold. For RIOT RIOT, we notice a call option sweep that happens to be bearish, expiring in 242 day(s) on January 17, 2025. This event was a transfer of 294 contract(s) at a $8.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $127.9K, with a price of $435.0 per contract. There were 1209 open contracts at this strike prior to today, and today 620 contract(s) were bought and sold. For APP APP, we notice a call option sweep that happens to be bullish, expiring in 179 day(s) on November 15, 2024. This event was a transfer of 51 contract(s) at a $110.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $550.0 per contract. There were 243 open contracts at this strike prior to today, and today 605 contract(s) were bought and sold. Regarding NICE NICE, we observe a call option trade with bullish sentiment. It expires in 88 day(s) on August 16, 2024. Parties traded 67 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $39.1K, with a price of $585.0 per contract. There were 1753 open contracts at this strike prior to today, and today 573 contract(s) were bought and sold. Options Alert Terminology - Call Contracts: The right to buy shares as indicated in the contract. - Put Contracts: The right to sell shares as indicated in the contract. - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. - Premium/Option Price: The price of the contract. For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
3 Semiconductor Stocks To Watch In May 2024
Here are semiconductor stocks to watch in the stock market this week.
Micron, AMD, Microsoft, Palo Alto Networks, and Other Tech Stocks in Focus Today
Tech stocks began Monday in positive fashion as the sector looked to regain momentum after slipping at the end of last week. Apple stock was lagging though after cutting iPhone prices in China.
Is AMD Stock A Buy After Chipmaker's AI Product Launch?
Advanced Micro Devices stock has risen on expectations for continued market share gains in processors for PCs and servers.
US economist accuses government of causing inflation
As the United States grapples with inflation, renowned American economist Peter Schiff has accused the government, particularly the US Federal Reserve as one of its branches, of causing it, challenging the widely accepted viewpoint of rising salaries as the actual source of the price increases. Specifically, Schiff has challenged the narrative of increased salaries causing inflation, arguing that, instead, inflation can lead to higher nominal salaries, whereas pointing the finger at, in his view, the real culprit – the US government and the Fed, according to his X post on May 20. Indeed, Schiff has been warning about inflation for some time now, including last month, when he referred to this threat as “gravely understated” by those who are trying to curb inflation fears, stressing that the current situation was “just the tip of an inflation iceberg. At the same time, the prominent economist declared that a full-blow inflationary depression or ‘stagflation’ was coming that would shadow previous financial crises and make them look tame by comparison, calling it a recession “on steroids,” as Finbold reported on April 30. Moreover, recent data indicates that auto loan serious delinquency rates have surged to 2.8% in the first quarter of 2024, the highest level in nearly 15 years, or since 2010 – in the aftermath of the financial crisis, as US households continue to miss loan payments, reminiscent of past recessions. Meanwhile, Paul Dietrich, a veteran Wall Street analyst who accurately predicted the 2008 recession, has long warned about a potential downturn, pointing at several red flags, including unexpectedly high inflation in the first quarter of 2024 and increased market volatility. As he said: “The economy and the stock market have never seen anything like this in history. (…) Everything reminds me of the Dot-com bubble in 2001-2002. (…) Since the current deficit spending is unsustainable, it will end at some point. When it does, the effect will be brutal for jobs, the economy, and the global stock markets.” Interestingly, Schiff, a well-known Bitcoin (BTC) skeptic, has earlier acknowledged that Bitcoin holders are “right about the Fed and inflation,” arguing that other investors were largely unaware of the current financial crisis and the “far greater currency and sovereign debt crisis it will ultimately become.” In the meantime, Bitcoin and tech stocks like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOGL) are among the market participants that have beaten inflation in the last 10 years. Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
Why Being Bullish on AMD Stock's AI Growth Potential Makes Perfect Sense
On May 16, Wolfe Research announced its tactical decision to move off Nividia (NASDAQ: NVDA ) and onto Advanced Micro Devices (NASDAQ: AMD ) stock to benefit from AI. No one is more pro-Nvidia than I am.
Forget AMD: Consider These 2 Millionaire-Maker Stocks Instead
Shares of AMD have risen more than 60% since last year, making them slightly overvalued. Intel is trading at a better price point and has shown promising signs of growth in its recent earnings.
If You'd Invested $10,000 in Advanced Micro Devices Stock 5 Years Ago, Here's How Much You'd Have Today
Advanced Micro Devices has soared lately on high AI expectations. AMD saw a huge surge in revenue during the early days of the pandemic.
The Blue-Chip Bounce Back: 3 Stocks Ready to Rebound in 2024
Whether consumer, tech, financial or healthcare, blue chip companies instill investor confidence based on their long-standing profitability and growth. This translates to greater resilience during market downturns as they can tap into deep capital pools and solid credit positions.
Down 30% From All-Time Highs, Is AMD Stock a Buy?
AMD stock rocketed higher but has given back all those gains so far in 2024. Underneath all of the AI talk, the chipmaker needs to be far more focused on raising profit margins.
AMD Stock Rises On Microsoft Plan To Offer AMD AI Processors On Azure
AMD stock rose on a report that Microsoft plans to offer its cloud computing customers a platform on AMD artificial intelligence chips.
