NVDA

옵션 체인은 다양한 행사가격과 만기일에 대한 NVIDIA의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 NVIDIA에 대한 시장 심리를 평가합니다..

NVIDIA (NASDAQ:NVDA) 주식, 옵션 체인

NVIDIA

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

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일명 &#39;매그니피센트 세븐&#39;이라 불리는 기술주들이 조 바이든이 2020년 11월 초에 당선된 이후로 놀라운 수익률을 기록하며 전체 주식 시장을 크게 능가했다.

바이든 당선 이후 200% 이상 상승한 매그니피센트 세븐: 트럼프 시기에 어떤 성과?

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CNN 머니 공포와 탐욕 지수(CNN Money Fear and Greed index)가 전체 시장 심리가 하락했음을 보여주었고, 월요일에는 &#34;공포&#34; 구역에 머물렀다. 월요일에 미국 주식은 하락세로 마감했다. 다우존스 지수는 250포인트 이상 하락하면서 투자자들이 중요한 대통령 선거를 대비하는 모습이 나타났다.

투자자들이 美 대선을 대비하며 다우존스 지수가 250포인트 하락, &#39;탐욕 지수&#39;는 &#39;공포&#39; 영역에

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매 거래일마다 수백 개의 헤드라인과 보도자료가 벤징가 프로에 올라와, 트레이더들이 전체 시장과 개별 종목에 대한 최신 뉴스를 확인할 수 있는 소스이다. 2024년 10월에 벤징가 프로에서 가장 많이 검색된 주식들을 살펴보겠다. 현재 가격과 연초 대비 실적은 11월 1일 기준이며 배당금은 포함되지 않았다.

독점: 벤징가 프로에서 10월 가장 많이 검색된 상위 20개 티커 - 테슬라, 엔비디아, DJT 순위는?

NVIDIA Corp

NVIDIA ORD

NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) passed Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to become the world's largest publicly traded <a href="https://www.benzinga.com/news/24/11/41751557/nvidia-takes-short-lived-lead-over-apple-in-valuation">company on Tuesday. </a>
The Details: Nvidia ended Tuesday's trading session with a market capitalization of $3.43 trillion, slightly <a href="https://www.benzinga.com/news/24/11/41751557/nvidia-takes-short-lived-lead-over-apple-in-valuation">edging out </a>Apple&#8217;s $3.38 trillion valuation, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>. The semiconductor giant's dominance in the artificial intelligence chip market has fueled its exponential growth of more than 200% over the past year.&nbsp;
Read More: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/11/41724410/nvidia-joining-dow-jones-industrial-average-where-tech-giant-ranks-in-the-index-why-sh">Nvidia Joining Dow Jones Industrial Average: Where Tech Giant Ranks In The Index, Why Sherwin-Williams Addition Could Be More Important</a>
Nvidia briefly passed Apple <a href="https://www.benzinga.com/news/24/06/39386946/microsoft-apple-step-aside-nvidia-is-now-the-most-valuable-public-company-in-the-world">in market cap </a>in June before sliding over the summer.<a href="https://www.cnbc.com/quotes/MSFT/"> </a>Nvidia&#8217;s ascent to the top highlights the growing importance of AI technology and the pivotal role that Nvidia's specialized hardware plays in its development.&nbsp;
Despite Nvidia's remarkable growth over the past year, analysts remain bullish on the company's growth ahead. The three most recent analyst ratings were released by BofA Securities, Goldman Sachs and Morgan Stanley in October with an average price target of $163.33 between the three. There&#8217;s an implied 17.04% upside for Nvidia stock from these analyst ratings.
Last Friday, S&amp;P Dow Jones announced that Nvidia <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/11/41724410/nvidia-joining-dow-jones-industrial-average-where-tech-giant-ranks-in-the-index-why-sh">is joining the Dow Jones Industrial Average on Nov. 8 </a>replacing Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and joining Apple in the blue-chip index. 
NVDA Price Action: According to data from Benzinga Pro, Nvidia shares ended Tuesday's session 2.84% higher at $139.91.&nbsp;
Read Also:&nbsp;
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Image: Shutterstock

Movers

Nvidia Blows Past Apple To Become World's Most Valuable Company

Super Micro Says AI Contributed To Over 70% Of Revenue Across Enterprise And Cloud Service Provider Markets; CEO Says Q1 Revenue Reduced As Some Customers Were Waiting For Nvidia's New Chip, Its Servers Are Ready For Production When Nvidia Chips Arrive

The Magnificent Seven, a group of top-performing tech stocks, has delivered extraordinary returns since Joe Biden was elected in early November 2020, significantly outpacing <a href="https://www.benzinga.com/">the broader stock market. </a>
An equally weighted portfolio of Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has returned 213.6% over the last four years. This equates to a compounded annualized growth rate, or CAGR, of about 25%.
To put this in perspective, an investor who put $10,000 into this tech-heavy basket on Nov. 3, 2020 would have seen their investment grow to roughly $31,360 by Nov. 5, 2024.
In contrast, an equivalent investment in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) would have grown by 74%, for a CAGR of just 14.8%, resulting in an end balance of about $17,400.
Here&#8217;s a closer look at how these tech giants fared individually under Biden and how their performance compares to the Trump era.
<h3 class="wp-block-heading">Magnificent 7 Performance In The Biden Years</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Stock</th>
<th>Return (%)</th>
<th>CAGR (%)</th>
<th>Market Cap (Nov. 3, 2020)</th>
<th>Market Cap (Nov. 5, 2024)</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVIDIA</td>
<td>967.92%</td>
<td>80.56%</td>
<td>$321.69 billion</td>
<td>$3.42 trillion</td>
</tr>
<tr>
<td>Meta Platforms</td>
<td>114.22%</td>
<td>20.98%</td>
<td>$755.65 billion</td>
<td>$1.44 trillion</td>
</tr>
<tr>
<td>Alphabet</td>
<td>105.85%</td>
<td>19.78%</td>
<td>$1.1 trillion</td>
<td>$2.09 trillion</td>
</tr>
<tr>
<td>Apple</td>
<td>101.13%</td>
<td>19.08%</td>
<td>$1.88 trillion</td>
<td>$3.37 trillion</td>
</tr>
<tr>
<td>Microsoft</td>
<td>99.55%</td>
<td>18.85%</td>
<td>$1.56 trillion</td>
<td>$3.07 trillion</td>
</tr>
<tr>
<td>Tesla</td>
<td>77.48%</td>
<td>15.42%</td>
<td>$415.27 billion</td>
<td>$807.74 billion</td>
</tr>
<tr>
<td>Amazon</td>
<td>29.36%</td>
<td>6.64%</td>
<td>$1.53 trillion</td>
<td>$2.08 trillion</td>
</tr>
</tbody>
<tfoot>
<tr>
<td>Average return, CAGR / Total market cap.</td>
<td>213.64%</td>
<td>25.02%</td>
<td>$7.58 trillion</td>
<td>$16.26 trillion</td>
</tr>
</tfoot>
</table>
</figure>
Among the Magnificent Seven, Nvidia as been the standout performer under Biden, surging 967.92% with an annualized return of 80.56%. This explosive growth, driven by the AI boom and demand for GPUs, has catapulted NVIDIA's market cap from $321.69 billion to over $3.4 trillion.
Apple, Microsoft, and Alphabet have all roughly doubled in market value under Biden, each delivering annualized returns close to 19%. These established tech giants benefited from strong growth in their cloud, advertising and services segments.
Tesla performance lagged behind the average of the basket. Tesla shares rose 77.48%, translating to a CAGR of 15.42%. The company&#8217;s market cap nearly doubled, reaching $807.74 billion.
Amazon stands out as a relative laggard in this group, with only a 29.36% gain — translating to a 6.64% CAGR — over the same period. The company has faced headwinds from slowing e-commerce growth post-pandemic and rising costs impacting its profitability.
<h3 class="wp-block-heading">Magnificent 7 Performance Under Trump</h3>
The same basket of tech stocks had an even more impressive run under the Trump administration from Nov. 8, 2016 to Nov. 2, 2020.
The SPY ETF delivered a 67% gain during the same time frame, slightly lagging broader market returns under Biden.
Here&#8217;s how each Magnificent Seven stock and the equally weighted basket performed during Trump&#8217;s tenure:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Stock</th>
<th>Return (%)</th>
<th>CAGR (%)</th>
<th>Market Cap (Nov. 8, 2016)</th>
<th>Market Cap (Nov. 2, 2020)</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVIDIA</td>
<td>631.84%</td>
<td>64.47%</td>
<td>$38.07 billion</td>
<td>$310.85 billion</td>
</tr>
<tr>
<td>Meta Platforms</td>
<td>113.57%</td>
<td>20.89%</td>
<td>$358.60 billion</td>
<td>$744.35 billion</td>
</tr>
<tr>
<td>Alphabet</td>
<td>102.67%</td>
<td>19.32%</td>
<td>$552.28 billion</td>
<td>$1.10 trillion</td>
</tr>
<tr>
<td>Apple</td>
<td>297.77%</td>
<td>41.22%</td>
<td>$592.21 billion</td>
<td>$1.85 trillion</td>
</tr>
<tr>
<td>Microsoft</td>
<td>241.38%</td>
<td>35.93%</td>
<td>$470.18 billion</td>
<td>$1.53 trillion</td>
</tr>
<tr>
<td>Tesla</td>
<td>987.26%</td>
<td>81.59%</td>
<td>$29.22 billion</td>
<td>$379.64 billion</td>
</tr>
<tr>
<td>Amazon</td>
<td>286.98%</td>
<td>40.26%</td>
<td>$331.19 billion</td>
<td>$1.51 trillion</td>
</tr>
</tbody>
<tfoot>
<tr>
<td>Average return, CAGR / Total market cap.</td>
<td>380.2%</td>
<td>43.38%</td>
<td>$2.56 trillion</td>
<td>$7.42 trillion</td>
</tr>
</tfoot>
</table>
</figure>
Under Trump&#8217;s administration, the Magnificent Seven returned an average of 380.2%, with an annualized return of 43.38%.
A $10,000 investment in an equally weighted basket of the Magnificent Seven stocks at the start of Trump&#8217;s term would have grown to approximately $48,020 by Nov. 2, 2020.
This performance was driven by massive rallies, especially in Tesla and Nvidia, which surged 987.26% and 631.84%, respectively.
These stocks were boosted by early enthusiasm for electric vehicles and semiconductor technology, which set the stage for further gains in the Biden era.
Amazon and Apple also thrived during Trump's tenure, with gains of 286.98% and 297.77%, respectively, benefiting from booming e-commerce and strong iPhone sales. 
Even the more mature players, Microsoft and Alphabet, saw their market caps more than double, reflecting the ongoing expansion of cloud computing and digital advertising.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/11/41720723/tesla-vs-nvidia-stock-performance-under-biden-might-reveal-truth-about-elon-musks-support-for-tr">Tesla Vs. Nvidia Stock Performance Under Biden Might Reveal Truth About Elon Musk&#8217;s Support For Trump</a></li>
</ul>
Photo via Shutterstock.

Magnificent 7 Basket Notches Over 200% Gain Since Biden's Election: How Did Tech Giants Perform Under Trump?

A win for Donald Trump or Kamala Harris could have implications for many sectors, including technology and electric vehicles, making the outcome of the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election</a> important for investors.
A group of Wedbush analysts outlines the implications for the technology sector in light of Tuesday's election.
2024 Election Being Closely Watched: Wedbush analysts Daniel Ives, John Katsingris, Steven Wahrhaftig, and Sam Brandeis share their thoughts on <a href="https://www.benzinga.com/tech" target="_blank" rel="noopener">the technology sector</a> ahead of the 2024 election and what a win by either Trump or Harris could mean.
"U.S. Elections here with implications for tech on the table," the analysts said.
Technology investors are worried about the global implications of a Trump win with the potential for increased tariffs that could create tensions between the U.S. and China in the technology sector, the analyst said.
"Tonight the Street and tech world will be watching election results with white knuckles as there are many policy dynamics in the Beltway that will impact the tech sector looking ahead."
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent110524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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What a Trump Win Means: The analysts said a Trump win could create major changes in tariffs and could impact the overall technology supply chain.
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) are highlighted in the report as companies that could be negatively impacted by the possibility of retaliatory impacts from China.
The analysts said a Trump win could "slow the pace of the AI revolution."
Federal Trade Commission (FTC) Chair Lina Khan is another critical figure to monitor, as she has exerted pressure on major tech companies and may advocate for breakups. The analysts said Khan is likely out with a Harris win, but could remain in the position if Trump wins.
The analysts added that Congressional races on Election Day could impact the chance of major policy changes for Big Tech regardless of who wins the White House. A GOP sweep of the White House and Congress could be bullish for the overall stock market but negative for Big Tech stocks.
"From a Big Tech/AI trade perspective we view overall a Harris White House win as more bullish on the margins and a Trump win as a net negative for Big Tech."
Given Elon Musk&#8217;s support for the former present, one of the big questions is whether a Trump win could be good for Tesla.
"We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats."
The analysts said Tesla's size and scale could help the company without tax incentives, and it could have a "clear competitive advantage" with competitors losing subsidies and the potential of higher tariffs on Chinese companies.
"Higher China tariffs that would continue to push away cheaper EV players (BYD, Nio, etc.) from flooding the US market over the coming years."
What a Harris Win Means: A win in the 2024 election by Harris could be a positive for the electric vehicle sector, the analysts said.
"If Harris wins we would expect the EV tax credits to remain the same and ultimately increase in 2025 as the goal to get more US consumers towards EVs would be a laser focus in a Harris Administration," the analysts said.
General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) are named as companies that could benefit from a Harris win as they are betting heavily on electric vehicles and need the growth to continue.
The analysts said a Harris win could be neutral or slightly negative for Tesla.
Musk heavily supporting Trump in the election could have "negative consequences" in the future, the analysts said.
"For now, the ‘Musk betting on Trump bet' has seen a limited negative impact on demand in the U.S. although clearly this political dynamic could impact some customers to go away from Tesla when buying decisions ultimately come around over the next year."
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41750191/republican-win-likely-to-lift-magnificent-7-stocks-democratic-sweep-better-for-bond">Republican Win Likely To Lift Magnificent 7 Stocks, Democratic Sweep &#8216;Better For Bonds,&#8217; Says WisdomTree</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Analyst Ratings

STLA

Trump Win Could Hinder Tech, EV Sector Growth, 'Slow The Pace' Of AI Revolution: Analysts Lay Out 2024 Election Implications

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: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$51.00</td>
<td>$44.1K</td>
<td>4.0K</td>
<td>37.3K</td>
</tr>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$139.00</td>
<td>$25.6K</td>
<td>5.9K</td>
<td>33.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$250.00</td>
<td>$36.5K</td>
<td>4.6K</td>
<td>7.0K</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/29/24</td>
<td>$285.00</td>
<td>$43.8K</td>
<td>1.7K</td>
<td>954</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$150.00</td>
<td>$34.2K</td>
<td>14.5K</td>
<td>940</td>
</tr>
<tr>
<td>TSM</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$190.00</td>
<td>$35.7K</td>
<td>2.6K</td>
<td>498</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$111.00</td>
<td>$28.4K</td>
<td>410</td>
<td>475</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$89.00</td>
<td>$26.1K</td>
<td>255</td>
<td>454</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$480.00</td>
<td>$71.6K</td>
<td>9</td>
<td>395</td>
</tr>
<tr>
<td>NN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$20.00</td>
<td>$31.8K</td>
<td>2.6K</td>
<td>390</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on November 8, 2024. This event was a transfer of 300 contract(s) at a $51.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $44.1K, with a price of $147.0 per contract. There were 4068 open contracts at this strike prior to today, and today 37376 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on November 8, 2024. Parties traded 100 contract(s) at a $139.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $256.0 per contract. There were 5963 open contracts at this strike prior to today, and today 33732 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 3 day(s) on November 8, 2024. Parties traded 50 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $730.0 per contract. There were 4639 open contracts at this strike prior to today, and today 7055 contract(s) were bought and sold. 
• Regarding FSLR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), we observe a call option trade with neutral sentiment. It expires in 24 day(s) on November 29, 2024. Parties traded 209 contract(s) at a $285.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $210.0 per contract. There were 1730 open contracts at this strike prior to today, and today 954 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bullish, expiring in 73 day(s) on January 17, 2025. This event was a transfer of 45 contract(s) at a $150.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $760.0 per contract. There were 14514 open contracts at this strike prior to today, and today 940 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a put option trade with neutral sentiment. It expires in 45 day(s) on December 20, 2024. Parties traded 50 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $715.0 per contract. There were 2691 open contracts at this strike prior to today, and today 498 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on November 15, 2024. Parties traded 254 contract(s) at a $111.00 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 $28.4K, with a price of $112.0 per contract. There were 410 open contracts at this strike prior to today, and today 475 contract(s) were bought and sold. 
• For TWLO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on November 8, 2024. This event was a transfer of 172 contract(s) at a $89.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $152.0 per contract. There were 255 open contracts at this strike prior to today, and today 454 contract(s) were bought and sold. 
• Regarding ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we observe a call option trade with bearish sentiment. It expires in 38 day(s) on December 13, 2024. Parties traded 25 contract(s) at a $480.00 strike. The total cost received by the writing party (or parties) was $71.6K, with a price of $2865.0 per contract. There were 9 open contracts at this strike prior to today, and today 395 contract(s) were bought and sold. 
• Regarding NN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>), we observe a call option trade with bullish sentiment. It expires in 801 day(s) on January 15, 2027. Parties traded 60 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $530.0 per contract. There were 2656 open contracts at this strike prior to today, and today 390 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ADBE

FSLR

TWLO

10 Information Technology Stocks Whale Activity In Today's Session

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/11/2024-11-05_08h17_44.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">The Plan</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-election-opportunitites-tlt-mc-11052024">click here</a> for an enlarged chart of iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>).
Note the following:
<ul>
<li>Going into the election, the most important chart is that of the bond market.&nbsp; The reason is the reaction to the election from the bond market is likely to be correct compared to the first reaction from the stock market.</li>
<li>The chart shows the contrary Arora call that bonds would fall when the Fed cut interest rates by 50 bps.&nbsp; At the time of the contrary Arora call, everyone was predicting that bonds would go up.</li>
<li>The chart shows that the Arora call has proven spot on.</li>
<li>The chart shows that bonds are now at the bottom band of the top support zone.</li>
<li>Consider keeping this chart handy and see if bonds rally above the top band of the top support zone or they break down and move towards the bottom support zone.</li>
<li>In addition to understanding the chart of the bond market, the following is the essential foundation of how to capture opportunities after the election.
<ul>
<li>Wall Street positioning.&nbsp; Positioning is an important Wall Street mechanic.</li>
<li>Retail investor positioning</li>
<li>Your positioning</li>
</ul>
</li>
<li>Wall Street is positioned for the following:
<ul>
<li>A significant rally in stocks, bonds, gold, and the dollar after the election</li>
<li>Senate control switching from Democrats to Republicans</li>
<li>House control switching from Republicans to Democrats</li>
<li>An even probability of a Trump win or a Harris win.</li>
</ul>
</li>
<li>Here is the positioning of retail investors:
<ul>
<li>Republican retail investors are heavily positioned in the Trump trade.</li>
<li>Democrat retail investors are heavily positioned in the Harris trade.</li>
</ul>
</li>
<li>The problem with positioning of retail investors is that if their candidate wins, they will do fine.&nbsp; However, if the other candidate wins, they will incur massive losses. This is not the way to maximize the wealth you generate over your lifetime. It is important to keep your politics separate from your investing.&nbsp;&nbsp;</li>
<li>In The Arora Report analysis, Wall Street is oblivious to the simple fact that the stock market has been front running the election.&nbsp;&nbsp;
<ul>
<li>Historically, there is anxiety and a pullback before the election in September and October.&nbsp; Historically, when the election is over, the overhang of anxiety lifts irrespective of who wins, and the stock market rallies.</li>
<li>This time is different because there has not been any anxiety, and there was not a pullback in September and October.&nbsp; The reason is that Wall Street has been front running the election.</li>
<li>There is no recent historical precedent of Wall Street front running the election.</li>
<li>Historically smart money uses a combination of hedging and lightening up positions before the election.&nbsp; This time is different in that smart money has been aggressively hedging, more than any other recent election, but has not been lightening up positions.</li>
<li>Even though there is no precedent of election front running, there are hundreds of precedents of Wall Street front running less important events.&nbsp; A typical reaction after the event is over is to sell the news.</li>
</ul>
</li>
<li>In The Arora Report analysis, prudent investors should be aware that there is a fair probability of a sell the news reaction.&nbsp; However, the probability of a rally is higher because of the power of the momo crowd.&nbsp;</li>
<li>Going into the election, investors should be very cognizant of the positioning of their own portfolios.&nbsp; The Arora Report portfolios are well balanced between the Harris trade and the Trump trade.&nbsp;&nbsp;</li>
<li>The Arora Report portfolios are also sufficiently protected with the protection band and there is sufficient cash to take advantage of new opportunities.&nbsp; Investors who are not holding enough cash will not be able to take advantage of new opportunities.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are neutral in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

Bonds

General

$BTC

iShares Trust Barclays 20+ Year Treasury Bond Fund

Here Is How Investors Can Capture Opportunities From The Election

On Monday, Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) briefly claimed the title of the most valuable company globally, surpassing Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) in market value.
Nvidia&#8217;s stock surge pushed its market cap to $3.38 trillion, edging past Apple&#8217;s $3.35 trillion, CNBC <a target="_blank" href="https://www.cnbc.com/2024/11/05/nvidia-briefly-overtakes-apple-as-most-valuable-us-company-origin-story.html" rel="noreferrer noopener">reports</a>.
Although Apple regained the lead by the end of the day, Nvidia&#8217;s rise highlights the company&#8217;s trajectory from a 3D gaming startup to a dominant player in artificial intelligence (AI).
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05105210/newplot-2.png" alt="" class="wp-image-630578" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05105210/newplot-2.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05105210/newplot-2-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/11/41739764/taiwan-semiconductor-faces-rising-energy-costs-potential-outages-threaten-production" rel="noreferrer noopener">Taiwan Semiconductor Faces Rising Energy Costs, Potential Outages Threaten Production</a>
Much of Nvidia&#8217;s growth stems from its graphics processing units (GPUs), originally built for gaming but now critical in AI technology, enabling deep learning and cloud computing advances.
Nvidia&#8217;s revenue has soared, doubling over five quarters and tripling in three, driven by strong demand for its Blackwell AI GPU. Major tech firms like Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, and Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) are heavily investing in Nvidia&#8217;s GPUs, including the H100, to advance their AI projects.
Nvidia <a target="_blank" href="https://www.benzinga.com/news/24/11/41712053/end-of-an-era-ai-propels-nvidia-to-replace-struggling-intel-in-dow-index" rel="noreferrer noopener">was recently added</a> to the Dow Jones Industrial Average, replacing Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Jim Cramer highlighted Google&#8217;s planned increase in AI infrastructure investments next year as a significant <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41625103/jim-cramer-says-googles-ai-investment-next-year-should-be-fabulous-for-nvidia" target="_blank" rel="noreferrer noopener">potential boost for Nvidia</a>.
Cramer noted that Alphabet&#8217;s third-quarter solid earnings and growing focus on AI set Nvidia up for further gains in the AI sector.
Nvidia&#8217;s origin story began in 1993 when co-founder and CEO Jensen Huang joined engineers Chris Malachowsky and Curtis Priem at a San Jose Denny&#8217;s restaurant, where they decided to start the company.
Back then, Huang was driven by a vision to develop affordable computing chips, a goal that first materialized in 1995 with the NV1 chip.
Although the NV1 struggled technically, nearly driving Nvidia to bankruptcy, the company&#8217;s next innovation—the RIVA 128 chip—gained commercial success in 1997.
Investors can gain exposure to Nvidia through SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>).
Price Action: NVDA stock is up 2.8% at $139.88 at last check Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/government/24/11/41726213/applied-materials-and-lam-research-shift-supply-chains-away-from-china-to-meet-new-us-guidelines" target="_blank" rel="noreferrer noopener">Applied Materials and Lam Research Shift Supply Chains Away from China to Meet New US Guidelines</a></li>
</ul>
Photo: Shutterstock

Media

Nvidia Takes Short-Lived Lead Over Apple In Valuation

<a href="https://blogs.nvidia.com/blog/rekor-metropolis-ai-jetson-roadway-safety/">https://blogs.nvidia.com/blog/rekor-metropolis-ai-jetson-roadway-safety/</a>
Company Is Introducing AI-Driven Analytics Using NVIDIA AI, Metropolis And Jetson For Texas And Philadelphia Roads That Could Reduce Fatalities And Improve Quality Of Life
&nbsp;
Austin is drawing people to jobs, music venues, comedy clubs, barbecue and more. But with this boom has come a big city blues: traffic jams.
Rekor, which offers traffic management and public safety analytics, has a front-row seat to the increasing traffic from an influx of new residents migrating to Austin. Rekor works with the Texas Department of Transportation, which has a $7 billion project addressing this, to help mitigate the roadway concerns.
"Texas has been trying to meet that growth and demand on the roadways by investing a lot in infrastructure, and they're focusing a lot on digital infrastructure," said Shervin Esfahani, vice president of global marketing and communications at Rekor. "It's super complex, and they realized their traditional systems were unable to really manage and understand it in real time."
Rekor, based in Columbia, Maryland, has been harnessing <a href="https://developer.nvidia.com/metropolis">NVIDIA Metropolis</a> for real-time video understanding and <a href="https://www.nvidia.com/en-us/autonomous-machines/embedded-systems/jetson-xavier-series/">NVIDIA Jetson Xavier NX</a> modules for edge AI in Texas, Florida, Philadelphia, Georgia, Nevada, Oklahoma and many more U.S. destinations as well as in Israel and other places internationally.
Metropolis is an application framework for smart infrastructure development with vision AI. It provides developer tools, including the <a href="https://developer.nvidia.com/deepstream-sdk">NVIDIA DeepStream SDK</a>, <a href="https://developer.nvidia.com/tao-toolkit">NVIDIA TAO Toolkit</a>, pretrained models on the <a href="https://ngc.nvidia.com/catalog">NVIDIA NGC catalog</a> and <a href="https://developer.nvidia.com/tensorrt">NVIDIA TensorRT</a>. <a href="https://www.nvidia.com/en-us/autonomous-machines/embedded-systems/?srsltid=AfmBOoprOO5bpyzSi4PpQOfeWh4mBBe-HWE-wPYsbBKp90XPhV_mSCxr">NVIDIA Jetson</a> is a compact, powerful and energy-efficient accelerated computing platform used for embedded and robotics applications.
Rekor's efforts in Texas and Philadelphia to help better manage roads with AI are the latest development in an ongoing story for <a href="https://blogs.nvidia.com/blog/cvedia-ai-intersects-u-s-traffic-lights-better-flow-safety/">traffic safety</a> and <a href="https://blogs.nvidia.com/blog/city-of-raleigh-metropolis-traffic/">traffic management</a>.

REKR

"Austin Calling: As Texas Absorbs Influx Of Residents, Rekor Taps NVIDIA Technology For Roadway Safety, Traffic Relief" - Blog

Investors are zeroing in on what <a href="https://www.benzinga.com/general/politics">potential political outcomes</a> in the U.S. elections Tuesday could mean for the markets.
WisdomTree's Global CIO, Jeremy Schwartz and Senior Economist Jeremy Siegel have shared insights on how a Republican or Democratic win could shape sectors across both the equity and bond markets.
Here's what WisdomTree sees on the horizon.
<h2 class="wp-block-heading">Bond Market Volatility: How Policy Could Shape Yields</h2>
Siegel said bond markets are primed for volatility, with each election outcome pointing to different scenarios for interest rates and yields. A Republican sweep, accompanied by tax cuts and heightened fiscal spending, could push bond yields upward by 20 basis points or more, he said. In this scenario, investors might brace for inflationary pressures and potentially tighter monetary policy, which would counterbalance any short-term equity gains.
On the flip side, a Democratic sweep is seen as a stabilizing force for bonds, with expectations for moderated spending and pro-growth fiscal restraint. 
WisdomTree's Kevin Flanagan, head of fixed income strategy, notes that Democratic policies might offer a predictable, low-volatility environment that helps maintain steady rates and tempers inflation concerns.
A divided government could yield the "best case" for bonds, creating stability through gridlock that limits sweeping fiscal changes and curbs deficit growth.
<h2 class="wp-block-heading">Equity Market Winners: Mag 7 In Focus Under GOP, Infrastructure &amp; Clean Energy For Democrats</h2>
For equity markets, each scenario presents distinct opportunities, particularly in the growth-oriented and infrastructure sectors. Under a Republican administration, WisdomTree expects an initial boost in stocks like the Magnificent Seven: (Meta Platforms Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). 
The Magnificent Seven stocks could be driven by extended tax cuts, reduced regulation, and potential capital gains exemptions.
The Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>) provides exposure to the Magnificent Seven stocks along with other popular tech-heavy ETFs such as the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), the Vanguard Information Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>) and the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>).
This favorable backdrop for the tech-heavy sector could stimulate momentum, although Siegel cautions that rising yields might cap equity gains by pressuring valuations.
In contrast, a Democratic sweep would likely favor sectors tied to clean energy and infrastructure. With a focus on the Inflation Reduction Act, the Democratic agenda is expected to channel substantial support into solar, hydrogen and renewable energy projects. The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) provides exposure to solar stocks.
Read Also: <a href="https://www.benzinga.com/markets/esg/24/11/41722922/trump-vs-harris-evgo-cleveland-cliffs-plug-power-nucor-brace-for-2024-election-impact">Trump Vs. Harris: EVgo, Cleveland-Cliffs, Plug Power, Nucor Brace For 2024 Election Impact</a>
This shift would likely benefit clean energy stocks while weighing on small-cap stocks with high U.S. revenue exposure, as they would face the most significant earnings impact from higher corporate tax rates. 
Investors in clean energy ETFs such as the iShares Global Clean Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NYSE">ICLN</a>) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRID#NYSE">GRID</a>) and those invested in small-cap stocks via ETFs such as the iShares Core S&amp;P Small-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IJR#NYSE">IJR</a>) or the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) should be wary of their holdings.
According to Wisdom Tree, Democratic leadership could also benefit international markets, as the reduced likelihood of higher tariffs might ease trade concerns and foster demand.
<h2 class="wp-block-heading">Navigating The Election Landscape</h2>
Beyond direct impacts on stocks and bonds, WisdomTree suggests that a blend of strategies, such as private credit, inflation hedges like gold, and international exposure with currency hedging, may help investors manage market uncertainty.
Trade policies, inflation, and the Federal Reserve's trajectory are all likely to play roles in shaping post-election strategies, underscoring the value of a diversified approach.
As the U.S. awaits the election results, WisdomTree's analysis highlights a divided outlook for investors. Whether the election ushers in policies that lift the Magnificent Seven stocks or bolsters the bond market, each scenario brings unique opportunities and risks to watch in the weeks ahead.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41746843/bond-market-fear-gauge-soars-to-1-year-high-ahead-of-us-election-results-bond-vigil">Bond Market Fear Gauge Soars To 1-Year High Ahead Of US Election Results: &#8216;Bond Vigilantes Have Been Voting Early&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Long Ideas

First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund

GRID

iShares S&P Global Clean Energy Index Fund

ICLN

MAGS

Republican Win Likely To Lift Magnificent 7 Stocks, Democratic Sweep 'Better For Bonds,' Says WisdomTree

Good Morning Traders! In today&#39;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market&#39;s pulse to optimize your trading gains. Now, let&#39;s dive into the stock analysis:
<h3>SPDR S&amp;P 500 ETF Trust </h3>
SPY&nbsp;(ARCA: SPY) is currently holding near our focal level of 571.06. For bullish momentum, we&#39;d like to see an early advance to 572.15. If price action shows resilience above 572.15, we&rsquo;re expecting buyers to extend the price to the support area of 573.50. A steady hold above 573.60 during regular trading hours could set up a move to the next target at 574.65, with our high bull target for the session at 575.67.
On the downside, failure to sustain above 571.06 may invite bearish pressure. In that scenario, we&#39;re watching for a test at 569.98. Persistent selling could see bears challenge lower support at 569.16, and a deeper breakdown could drive SPY down to a firm support at 567.81. In a high-volatility session, our low bear target for SPY is positioned at 566.46.
<h3>Invesco QQQ Trust Series 1</h3>
The QQQ (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) is currently navigating around our level of 487.69. For bullish action, buyers should defend this level and aim to push up towards 490.05. A confirmed hold above 490.05 could bring 491.82 into play, showing renewed buyer confidence. If momentum holds, we&rsquo;re looking for a potential move higher to 493.60, with our optimistic bull target set at 495.35 for the day.
If QQQ struggles to hold above 487.69 in today&rsquo;s session, it may present an opportunity for bears to step in. A move lower could challenge 486.10, and persistent weakness could see further downside to 483.95. If sellers remain active, a test of 481.73 is likely. Should selling intensify, the low bear target for QQQ today sits at 479.03.
<h3>Apple Inc.</h3>
Apple&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) is currently trading around our identified level of 221.66. Bulls will be looking for 222.24 to provide a base for a push higher. Should the auction hold above 222.24, the next upward target is 222.96, signaling bullish continuation. If buying momentum remains, we anticipate a test of 223.87, with the high bull target for Apple placed at 225.31.
If Apple fails to maintain support at 221.66, we could see a bearish test lower toward 220.97. Continued selling might drive the price down to 220.29, with bears pushing further if downward pressure persists. A breakdown here could lead Apple toward 219.19, and if this level fails, our low bear target for the day is at 218.08.
<h3>Microsoft Corp. </h3>
Microsoft&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) is currently situated near our key level of 409.69. Bulls will look to defend this area and drive prices up toward 410.64. If this level solidifies as support, we may see a continuation rally toward 411.72. Consistent buyer strength today could lead Microsoft to its high bull target of 413.14.
A failure to hold 409.69 as support could open the door for a bearish test at 408.46. If bearish sentiment dominates, 407.11 may come into play as the next lower support. Continued selling pressure could lead Microsoft down to 406.01, with the day&rsquo;s low bear target set at 404.92 if sellers maintain control.
<h3>NVIDIA Corporation </h3>
NVIDIA&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) is auctioning near our level of 136.98. For a bullish session, we want to see the price advance to 137.94, holding this level as a base for upward movement. If buyers maintain this level, we may see a rally toward 138.55. Sustained buying could lift NVIDIA to our high bull target of 140.28.
If NVIDIA breaks below 136.98, bearish momentum could bring it down to test support at 135.64. Persistent selling might push the auction lower to 134.56. Should the downtrend continue, a test at 133.31 is expected, with the low bear target of 132.19 if the session weakens further.
<h3>Alphabet Inc Class A</h3>
Alphabet (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) is currently near our level of 169.34. Bulls aim to uphold this level, pushing the price toward 171.14. If the auction stabilizes above 171.14, we may see a potential test of our high bull target at 172.28.
If 169.34 breaks down as support, bears may attempt to drive prices lower to 167.04. Sustained selling could press GOOGL down to 165.41, and if selling intensifies, the low bear target for the day is positioned at 163.79.
<h3>Meta Platforms Inc </h3>
Meta&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>) is currently balancing around 565.53. Bulls will want to see this level held firmly, allowing the price to rise toward 573.25. If buyers maintain their strength, we could see an extension to 580.17, aiming for the high bull target at 585.73.
If Meta fails to keep support at 565.53, bearish movement could drive the price down to 559.29. Further selling pressure might bring 553.05 into play, and if the downside trend continues, the low bear target for Meta is set at 548.44.
<h3>Tesla Inc. </h3>
Tesla&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) is auctioning near our level of 248.37. Bulls will look to push higher to 250.25 and sustain the buying momentum above this level. If strong demand persists, we could see Tesla testing 252.38, with further upside bringing the high bull target at 256.34 into play.
If Tesla fails to hold 248.37 as a base, bears might seize control and drive prices toward 246.16. A break below this level could lead to a test at 243.98, with the low bear target set at 242.49 if selling pressure mounts.
Final Word: Today&#39;s trading session brings minimal economic data but some noteworthy events that could impact the markets. At 8:30 AM ET, the Trade Balance for September is set for release, offering insight into the country&rsquo;s export-import landscape. At 10 AM ET, the ISM Services Index for October will be published, providing a read on the strength of the service sector. Later, at 1 PM ET, the Treasury will conduct a 10-Year Note Auction, which could influence bond yields and overall market sentiment. Adding to the day&rsquo;s complexity, the U.S. Presidential Elections are taking place, and the outcomes could introduce unexpected volatility. This combination of factors calls for a cautious approach. Be prepared for quick market shifts, manage risk attentively, and trade safely amidst what may be a particularly unpredictable session. Best of luck in today&rsquo;s trade!
The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.
Start your day with a live daily market analysis, a carefully selected watch list, early access to the Morning Memo, and exclusive Market Clubhouse price levels, providing precise support and resistance indicators. When you become a member of Market Clubhouse, you will gain early access to the Morning Memo, just like this one, every single day&mdash;hours before it&#39;s published. You will also have access to a live stream with zero latency and screen sharing, enabling you to witness Rips executing his trades in real-time and sharing his exclusive trading plans, strategies, and live decision-making.
For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at <a href="https://marketclubhouse.club/7Days/" title="https://marketclubhouse.club/7Days/">https://marketclubhouse.club/7Days/</a> where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: <a href="https://www.youtube.com/@MarketClubhouse" title="https://www.youtube.com/@MarketClubhouse">https://www.youtube.com/@MarketClubhouse</a>.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Market Clubhouse Morning Memo - November 5th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)

<ul>
<li>DJT</li>
<li>PLTR</li>
<li>SMCI</li>
<li>LOT</li>
<li>TSLA</li>
<li>NVDA</li>
<li>HIMS</li>
<li>AI</li>
<li>LINE</li>
<li>BA</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

Hims & Hers Health, Inc. Class A Common Stock

HIMS

LINE

Top 10 Trending Stocks On WallStreetBets As Of November 5, 2024 (Via Swaggy Stocks)

Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) is gearing up for its first-quarter earnings report Tuesday after the market close. Expectations are set for 75 cents in earnings per share (EPS) and revenue of $6.45 billion, according to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110524&amp;t=be2bearmibe3na1">Benzinga Pro data</a>.
Super Micro's financial credibility, following significant governance issues, concerns investors.
Here's what to watch as the company tries to stabilize in the wake of these challenges.
<h2 class="wp-block-heading">SMCI Under Pressure</h2>
SMCI stock has taken a beating over the past year, with shares down 3.05% year-over-year and 8.83% year-to-date. 
The recent departure of Ernst &amp; Young as its auditor over transparency and governance concerns hit shares even harder. While management has set up a special committee to address the issues, SMCI now faces a Nov. 20 deadline to regain Nasdaq compliance or risk delisting. 
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41661361/super-micro-analyst-suspends-rating-over-governance-accounting-issues">Super Micro Analyst Suspends Rating Over Governance, Accounting Issues</a>
The pressure is on for Super Micro to convince investors that it&#8217;s addressing these issues head-on.
<h2 class="wp-block-heading">A Bearish Setup Ahead Of Q1 Earnings</h2>
From a technical perspective, SMCI is deep in bear territory. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="625" height="454" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05065237/Screenshot-2024-11-05-at-5.22.23-PM.png" alt="" class="wp-image-630015" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05065237/Screenshot-2024-11-05-at-5.22.23-PM.png 625w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05065237/Screenshot-2024-11-05-at-5.22.23-PM-300x218.png 300w" sizes="(max-width: 625px) 100vw, 625px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110524&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
The stock currently trades at $26.34, far below its 200-day simple moving average of $71.97, and shows no signs of recovery. With a relative strength index (RSI) of 23.71, SMCI is in oversold territory, suggesting the stock could fall further unless fundamentals improve. 
Meanwhile, the moving average convergence divergence (MACD) indicator sits at a negative 4.69, reinforcing the negative outlook.
<h2 class="wp-block-heading">Key Partnership With Nvidia At Risk</h2>
Super Micro's issues extend beyond the stock chart. Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has <a href="https://www.digitimes.com/news/a20241104PD217/supermicro-nvidia-supply-chain-ai-server-2018.html">reportedly</a> rerouted some orders to Asia-based suppliers Gigabyte and ASRock, signaling that Super Micro Computer's internal issues are affecting business relationships.
As demand for AI infrastructure remains robust, competition is fierce, and SMCI risks missing out on critical revenue streams if it can't maintain partner confidence.
<h2 class="wp-block-heading">What's At Stake In This Earnings Call?</h2>
With Super Micro Computer&#8217;s first quarter results around the corner, analysts are wary. Rosenblatt analyst Hans Mosesmann suspended his rating, citing a lack of financial clarity, while Wedbush's Matt Bryson slashed his price target from $62 to $32.
Tuesday's earnings report could determine whether the company can shift sentiment, but unless the company addresses transparency and governance concerns, investors may remain skeptical.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41700445/benzinga-bulls-and-bears-tesla-alphabet-trump-media-super-micro-trader-predicts-dogecoin-r">Benzinga Bulls And Bears: Tesla, Alphabet, Trump Media, Super Micro — Trader Predicts Dogecoin Rally Above 20 Cents In November</a></li>
</ul>
Image: Shutterstock

Technicals

Previews

Super Micro Computer Posts Q1 Earnings: Are Delisting Fears Here To Stay Or Can The Stock Rebound?

Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) remains vulnerable to Taiwan&#8217;s surging electricity prices, a shift that could impact the semiconductor industry.
Once a competitive edge, Taiwan&#8217;s low-cost energy has become more challenging to maintain, leading to increased costs for major industrial consumers, the Financial Times <a target="_blank" href="https://www.ft.com/content/cfd77e84-5d5b-47ae-96bd-9973b1c18662" rel="noreferrer noopener">reports</a>.
Taiwan Semiconductor now anticipates that electricity expenses in Taiwan will surpass those in its other significant locations, including the U.S., Japan, and Germany.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41633790/apple-refreshes-macbook-pro-lineup-with-m4-pro-and-m4-max-3nm-chips" rel="noreferrer noopener">Apple Refreshes MacBook Pro Lineup With M4 Pro and M4 Max 3Nm Chips</a>
<a target="_blank" href="https://www.benzinga.com/markets/equities/24/11/41706702/nvidia-supplier-tsmc-to-double-advanced-chip-packaging-capacity-as-ai-demand-from-microsoft-amaz" rel="noreferrer noopener">Recent reports indicated</a> the chipmaker will double its advanced packaging capacity by 2025, largely to meet the rising demand for AI chips from major tech firms like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). The company&#8217;s CoWoS packaging technology is in high demand, with Nvidia expected to use more than half of the expanded capacity.
CFO Wendell Huang recently disclosed to investors that power costs in Taiwan have effectively doubled over the past few years and will likely be Taiwan Semiconductor&#8217;s highest globally by 2024.
Taiwan&#8217;s government has raised electricity prices four times since 2022, with increases primarily affecting industrial users like Taiwan Semiconductor.
In line with its broader energy transition, Taiwan aims to boost renewable energy to supply up to 30% of its power by 2030. However, a recent emphasis on scaling back coal and nuclear power has made it increasingly challenging to meet industrial demands.
According to FT, Taiwan relies on coal and liquefied natural gas for over 80% of its energy supply, with renewable sources accounting for only 9.5%.
The rising electricity rates alone may not significantly hinder Taiwan Semiconductor&#8217;s operations, as power costs constitute a minor portion of its overall expenses. However, consistent supply disruptions could threaten Taiwan Semiconductor&#8217;s ability to expand its production capacity in Taiwan, FT writes.
Taiwan Semiconductor stock has gained 89% year-to-date. Investors can gain exposure to the stock through the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) and the First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDIV#NASDAQ">TDIV</a>).
Price Actions:&nbsp;TSM stock traded higher by 1.17% to $193.80 premarket at the last check on Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/government/24/11/41726213/applied-materials-and-lam-research-shift-supply-chains-away-from-china-to-meet-new-us-guidelines" target="_blank" rel="noreferrer noopener">Applied Materials and Lam Research Shift Supply Chains Away from China to Meet New US Guidelines</a></li>
</ul>
Photo by wakamatsu.h via Shutterstock

Government

Regulations

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

TDIV

Taiwan Semiconductor Faces Rising Energy Costs, Potential Outages Threaten Production

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Monday.
U.S. stocks settled lower on Monday, with the Dow Jones index falling more than 250 points as investors braced for the high-stakes presidential election.
On the economic data front, U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) shares gained more than 7% on Monday after the company reported better-than-expected third-quarter EPS and revenue.
Shares of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) have gained around 182% year-to-date, while Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) has lost over half its value this year.
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, communication services, and financials stocks recording the biggest losses on Monday. However, energy and real estate stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 258 points to 41,794.60 on Monday. The S&amp;P 500 fell 0.28% to 5,712.69, while the Nasdaq Composite fell 0.33% to close at 18,179.98 during Monday's session.
Investors are awaiting earnings results from Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>), Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) and Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 42.9, the index remained in the &#8220;Fear&#8221; zone on Monday, versus a prior reading of 44.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41713185/top-4-tech-and-telecom-stocks-that-may-collapse-this-month">Top 4 Tech And Telecom Stocks That May Collapse This Month</a></li>
</ul>
Photo courtesy: Shutterstock

Dow Tumbles 250 Points As Investors Brace For High-Stakes Presidential Election: Greed Index Enters 'Fear' Zone

Jim Cramer, the host of CNBC&#8217;s &#8220;Mad Money,&#8221; recently expressed his enthusiasm for space exploration and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) on his show. He also shared his thoughts on Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), CEVA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEVA#NASDAQ">CEVA</a>), Schlumberger NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>), and Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>).
What Happened: During the &#8220;Lightning Round&#8221; segment of his show, Cramer was asked about Intuitive Machines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITM#NYSE">ITM</a>), a company involved in space exploration. He <a href="https://www.cnbc.com/2024/11/04/cramers-lightning-round-i-cant-recommend-ford.html">responded</a> by praising the space industry and Tesla, stating, &#8220;I love space stuff, and that&#8217;s why I keep recommending Tesla&#8230;If there&#8217;s going to be something in space, it is going to be done by Elon Musk.&#8221;
However, Cramer expressed his disappointment with Ford&#8217;s performance, saying, &#8220;I want so badly for the company to do well, but I can&#8217;t recommend the stock.&#8221; He also advised against investing in Schlumberger, citing the lack of growth in the oil industry.
Cramer noted on X, that NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) and ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) are "held back by autos,"
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">NXPI, like ON, held back by autos&#8230;
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1853581148246426072?ref_src=twsrc%5Etfw">November 4, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/11/41705158/cathie-wood-says-trumps-ideas-on-eliminating-income-tax-and-imposing-tariffs-brings-back-vibes-of-ea?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood Says Trump&#8217;s Ideas On Eliminating Income Tax And Imposing Tariffs Bring Back Vibes Of &#8216;Early Days Of Our Country&#8217;</a>
Why It Matters: Recently, he has emphasized the importance of owning rather than trading certain stocks, such as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), suggesting that investors should hold onto these <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41713371/jim-cramer-reiterates-own-nvidia-dont-trade-it-but-says-jensen-huangs-chip-giant-sh">stocks for long-term gains</a>.
Furthermore, Cramer has been vocal about the potential of tech companies, as <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41712755/jim-cramer-recommends-buying-this-tech-stock-that-is-a-terrific-situation">seen in his endorsement</a> of CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>). His recent comments on Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) also highlight his focus on <a href="https://www.benzinga.com/news/24/10/41674206/jim-cramer-says-mark-zuckerberg-has-your-brain-as-meta-pours-billions-into-global-domination-strateg">companies with strong growth potential</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/11/41705665/palantir-technologies-gears-up-for-q3-print-here-are-the-recent-forecast-changes-from-wall-streets-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Palantir Technologies Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Top Analysts</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Global

CEVA

CYBR

Market Vectors Intermediate Municipal Index

NXPI

Jim Cramer Keeps Recommending Tesla Because He Loves 'Space Stuff,' But He's Not Keen On Ford: 'I Can't Recommend The Stock'

Technology giant NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is set to join the Dow Jones Industrial Average on Nov. 8 replacing Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), a move predicted by several market experts to <a href="https://www.benzinga.com/top-stories/24/05/39011237/exclusive-nvidia-dow-jones-inclusion-a-matter-of-when-will-it-replace-intel">Benzinga months ago.</a>
Here's a look at what the Dow Jones Industrial Average inclusion means for Nvidia and why another addition to the index could be more important.
What Happened: Nvidia <a href="https://www.benzinga.com/markets/equities/24/11/41699259/nvidia-rides-ai-wave-to-replace-intel-on-dow-jones-industrial-average-ending-its-25-year-run">will replace Intel</a> in the Dow Jones Industrial Average, a move that may have been predicted by a 10-for-1 stock split by the tech giant earlier this year.
"Price wise, shares are at that elevated level where they have announced a split in the past. Rumor wise, a stock split would make shares more attractive to be added to the Dow Jones Industrial Average," Freedom Capital Markets Chief Strategist Jay Woods said before the split was announced.
Woods told Benzinga Nvidia was a prime candidate to be included in the Dow Jones Industrial Average, which is tracked by the SPDR Dow Jones Industrial Average ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>).
"When you're the face of the next wave of growth in technology, that being AI, that being the chipmaker, that to me says you should be represented in the Dow Jones Industrial Average," Woods previously told Benzinga.
Launched in 1896, the <a href="https://www.benzinga.com/topic/dow-jones-industrial-average">Dow Jones Industrial Average</a> is a well-known stock market index that includes 30 blue-chip U.S. companies. The index often changes to include the best barometers of American growth.
One of the key differences between the Dow Jones Industrial Average and other market indexes like the S&amp;P 500 is the Dow is price-weighted and does not account for changes in market capitalization.
This means that company's that have higher share prices have larger weightings than those with smaller stock prices. So while Nvidia's stock split may have helped the company get into the index, it will now hurt the company's position in the index.
Based on data from <a href="https://www.slickcharts.com/dowjones">Slickcharts</a>, Nvidia would be the 21st largest company by weighting in the index if it were added today. The stock would position after Chevron ($153.33) and ahead of 3M Co ($126.94) with a price of $138.76 at the time of writing. Nvidia would have an estimated weighting of between 1.98% and 2.38% based on the current weighting of 3M and Chevron respectively.
Compare that to UnitedHealth Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), currently the largest weighting in the Dow Jones Industrial Average at $556.81 and 8.8%.
Intel, which is being replaced by Nvidia, is currently ranked last in the index with a price of $22.54 and weighting of 0.36%.
As one of the largest companies in the world, Nvidia is the second largest weighting in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 Index, representing 6.8% of assets in the ETF. Nvidia is also the second largest weighting in the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>), which tracks the tech sector, with the stock having a weighting of 14.25%.
Are you buying when the CEOs of the Magnificent 7 are selling?Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a>
Another Dow Index Addition: While investors are excited about Nvidia joining the Dow Jones Industrial Average, they might want to look at Sherwin-Williams Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>), which will have a large weighting in the index and see heavier buying from ETFs that cover the index.
Sherwin-Williams has a current share price of $372.97, which will give the company a higher weighting in the index. The stock would currently rank sixth in the index between Caterpillar ($377.72) and Amgen ($317.75). If Sherwin-Williams were added today, the stock would have an estimated weighting of between 4.97% and 5.91%.
Sherwin-Williams is replacing Dow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) in the index, which currently ranks 28th with a price of $48.10 and a weighting of 0.76%.
The new weightings will depend on prices ahead of the Nov. 8 changes and also be impacted by two of the smaller holdings exiting the index.
Why It's Important: Intel has been a member of the Dow Jones Industrial Average since 1999 but has lagged in stock performance in recent years.
Nvidia is more relevant than Intel and used by the biggest companies, Woods previously told Benzinga.
"The growth is there, the story is there, and now the price is there," Woods said.
Benzinga's "PreMarket Prep" co-host Dennis Dick also predicted Nvidia replacing Intel in the index earlier this year.
"I'd expect this announcement sometime in the summer. I don't think it's a matter of ‘if' NVDA goes into the Dow, I think it's now a matter of ‘when,'" Dick said.
Nvidia shares are up 188.1% year-to-date in 2024 and up 2,573.6% over the past five years. Intel stock is down 52.9% year-to-date in 2024 and down 61.4% over the past five years.
Sherwin-Williams stock is up 22.3% year-to-date in 2024 and up 92.5% over the past five years. Dow stock is down 14.0% year-to-date in 2024 and down 15.0% over the last five years.
The negative performance for Intel and Dow may explain why the Dow Jones Industrial Average has underperformed the S&amp;P 500 index. The Dow Jones Industrial Average ETF is up 11.1% year-to-date and up 51.2% over the past five years. Compare that to the SPY, which is up 20.8% year-to-date and up 84.9% over the past five years.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a></li>
</ul>
Photo: Shutterstock

SPDR Dow Jones Industrial Average ETF Trust

Nvidia Joining Dow Jones Industrial Average: Where Tech Giant Ranks In The Index, Why Sherwin-Williams Addition Could Be More Important

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. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$25.00</td>
<td>$45.5K</td>
<td>13.1K</td>
<td>18.1K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$135.00</td>
<td>$402.5K</td>
<td>39.4K</td>
<td>8.1K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$250.00</td>
<td>$62.0K</td>
<td>3.1K</td>
<td>7.8K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$440.00</td>
<td>$30.5K</td>
<td>25.8K</td>
<td>4.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$43.00</td>
<td>$41.2K</td>
<td>3.1K</td>
<td>420</td>
</tr>
<tr>
<td>SLAB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$115.00</td>
<td>$31.4K</td>
<td>32</td>
<td>338</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$184.00</td>
<td>$25.7K</td>
<td>129</td>
<td>335</td>
</tr>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$29.4K</td>
<td>14.2K</td>
<td>326</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$10.00</td>
<td>$125.5K</td>
<td>184</td>
<td>314</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$230.00</td>
<td>$78.7K</td>
<td>19.5K</td>
<td>298</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on November 8, 2024. Parties traded 200 contract(s) at a $25.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $228.0 per contract. There were 13167 open contracts at this strike prior to today, and today 18181 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on November 15, 2024. Parties traded 629 contract(s) at a $135.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $402.5K, with a price of $640.0 per contract. There were 39472 open contracts at this strike prior to today, and today 8123 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 8, 2024. Parties traded 100 contract(s) at a $250.00 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 $62.0K, with a price of $620.0 per contract. There were 3184 open contracts at this strike prior to today, and today 7815 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option trade with bullish sentiment. It expires in 46 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 25899 open contracts at this strike prior to today, and today 4005 contract(s) were bought and sold. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option trade that happens to be bearish, expiring in 74 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $43.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $412.0 per contract. There were 3121 open contracts at this strike prior to today, and today 420 contract(s) were bought and sold. 
• Regarding SLAB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLAB#NASDAQ">SLAB</a>), we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on November 15, 2024. Parties traded 170 contract(s) at a $115.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $185.0 per contract. There were 32 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a put option trade with bearish sentiment. It expires in 109 day(s) on February 21, 2025. Parties traded 11 contract(s) at a $184.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $2340.0 per contract. There were 129 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold. 
• For WULF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>), we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on November 15, 2024. This event was a transfer of 245 contract(s) at a $5.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $120.0 per contract. There were 14266 open contracts at this strike prior to today, and today 326 contract(s) were bought and sold. 
• Regarding CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we observe a call option sweep with bullish sentiment. It expires in 228 day(s) on June 20, 2025. Parties traded 310 contract(s) at a $10.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $125.5K, with a price of $405.0 per contract. There were 184 open contracts at this strike prior to today, and today 314 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bullish sentiment. It expires in 74 day(s) on January 17, 2025. Parties traded 60 contract(s) at a $230.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $78.7K, with a price of $1308.0 per contract. There were 19546 open contracts at this strike prior to today, and today 298 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AVGO

CLSK

SLAB

Elon Musk's endorsement of Donald Trump's 2024 presidential campaign might seem surprising to some, especially given <a href="https://www.benzinga.com/topic/elon-musk">Musk's past political inclinations.</a>
Once a supporter of Democratic candidates — he voted for Barack Obama in 2008, 2012 and Hillary Clinton in 2016 — Musk publicly soured on the party in recent years, and turned his focus to Trump's bid to retake the White House.
Musk's shift might seem ideological on the surface, but a closer look suggests his motivations may be less about politics and more about money. 
Musk's support for Trump — and his fierce rejection of Vice President Kamala Harris — aligns closely with the performance of his biggest asset: Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x270b; <a href="https://t.co/9ofZwRQHGU">https://t.co/9ofZwRQHGU</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1853305641382584768?ref_src=twsrc%5Etfw">November 4, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h1 class="wp-block-heading">Tesla: Thriving under Trump, Lagging under Biden</h1>
To understand Musk's motives, it's crucial to examine Tesla's stock performance during Trump's presidency compared to Biden's. 
During Trump's term from November 2016 to November 2020, Tesla stock surged by an astounding 987%, yielding an annualized return of roughly 84%. 
This staggering growth propelled Musk's net worth from $8 billion in 2016 to $107 billion by the end of Trump's presidency — a more than 13-fold increase, according to data from the Bloomberg Billionaires Index.
Under Joe Biden&#8217;s presidency, Tesla's performance has been notably more modest. Since November 2020, Tesla shares have gained about 86.5%, or roughly 16.2% on an annualized basis.
While this is still a respectable performance, it pales in comparison to the growth Tesla saw during Trump's tenure. Musk's wealth has continued to rise, reaching an estimated $262 billion in November 2024, but the rate of increase has slowed significantly
Given that Musk's fortune is heavily tied to Tesla's stock price — he owns 22.3% of Tesla's 3.21 billion outstanding shares his wealth has become increasingly sensitive to the company's performance in the stock market.
According to the Economic Times, roughly three-quarters of Elon Musk&#8217;s wealth is tied directly to Tesla shares.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Metric</th>
<th>Trump Presidency (Nov. 2016 &#8211; Nov. 2020)</th>
<th>Biden Presidency (Nov. 2020 &#8211; Nov. 2024)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tesla Stock Price Increase</td>
<td>+987%</td>
<td>+86.5%</td>
</tr>
<tr>
<td>Annualized Return</td>
<td>~84%</td>
<td>~16.2%</td>
</tr>
<tr>
<td>Musk&#8217;s Net Worth (Start)</td>
<td>$8 billion</td>
<td>$107 billion</td>
</tr>
<tr>
<td>Musk&#8217;s Net Worth (End)</td>
<td>$107 billion</td>
<td>$262 billion</td>
</tr>
<tr>
<td>Net Worth Growth</td>
<td>13-fold increase</td>
<td>2.5-fold increase</td>
</tr>
</tbody>
</table>
</figure>
<h1 class="wp-block-heading">Musk&#8217;s Major Threat Is Jensen Huang and Nvidia's Meteoric Rise</h1>
While Tesla's growth cooled, Nvidia surged ahead, setting up Jensen Huang, NVIDIA Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO, as a real challenger to Musk's status as the world's richest person.
Nvidia shares have skyrocketed by 958% during Biden's presidency, curiously mimicking Tesla's returns during the preceding four years. 
This rally has driven Huang's wealth from $11.8 billion in November 2020 to $118 billion in November 2024, a nearly 10-fold increase that echoes Musk's meteoric rise during the Trump years.
Huang, who currently ranks 11th on Bloomberg's Billionaires Index, is not yet close to Musk's wealth level. 
But if Nvidia's stock continues its upward trajectory, Huang could quickly close the gap, especially if Tesla's performance remains moderate. 
For Musk, seeing the AI giant experience the kind of exponential growth Tesla once enjoyed might underscore the need for a return to Trump-era policies, which he may perceive as more business-friendly for Tesla and his wealth.
<h1 class="wp-block-heading">Chart: Tesla (Nov. 2016-Nov.2020) vs. Nvidia (Nov. 2020-Nov. 2024)</h1>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04105346/image-17-1024x504.png" alt="" class="wp-image-628265" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04105346/image-17-1024x504.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04105346/image-17-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04105346/image-17-768x378.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04105346/image-17-1536x756.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04105346/image-17.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Now:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41709990/trump-and-tesla-what-the-future-holds-for-elon-musks-ev-giant-in-case-of-a-gop-win">Trump And Tesla: What The Future Holds For Elon Musk&#8217;s EV Giant In Case Of A GOP Win</a></li>
</ul>
Photo: Shutterstock

Tesla Vs. Nvidia Stock Performance Under Biden Might Reveal Truth About Elon Musk's Support For Trump

Macro Economic Events

Economics

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USOI

Benzinga Market Summary: Nvidia Replaces Intel In Dow, Oil Rises On Reports Of OPEC+ Delaying Output Increase, US Dollar Index Falls; Global Markets On Watch Ahead Of US Presidential Election

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/11/2024-11-04_08h03_50.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Cash Is Not Trash</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-warren-buffett-apple-trump-trade-nvidia-djia-brk-b-mc-11042024">click here</a> for an enlarged chart of Warren Buffett's company Berkshire Hathaway Inc Class B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of BRK.B is being used to illustrate the point.</li>
<li>Warren Buffett is one of the best investors.&nbsp; Prudent investors should pay attention to his actions.</li>
<li>The chart shows BRK.B stock has pulled back to the top of the mini support zone.</li>
<li>The chart shows that BRK.B stock has experienced a decent pullback from the resistance zone.</li>
<li>At a time when the stock market is near an all time high and the momo crowd is not only fully invested but is also nearly fully margined, Berkshire Hathaway's cash pile hits a record high of $325B.&nbsp; Clearly, Warren Buffett is not listening to momo gurus who have convinced their followers that cash is trash.</li>
<li>Buffett did not buy back any BRK.B stock in the third quarter.&nbsp; In The Arora Report analysis, this indicates that Buffett thinks the stock is too expensive.&nbsp; Investors have been running up BRK.B stock not on fundamentals but on sentiment.&nbsp;</li>
<li>Berkshire Hathaway cut its stake in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) by 25%.&nbsp; Instead of buying AAPL stock, Buffett has chosen to reduce the position and pay billions of dollars in taxes.&nbsp; Clearly, Buffett is not persuaded that Apple's efforts in AI are about to deliver big results.</li>
<li>In The Arora Report analysis, Buffett is likely looking at the valuation of Apple and the China risk.&nbsp;&nbsp;
<ul>
<li>AAPL stock is trading at a forward PE of approximately 30.&nbsp; The 10 year average PE is 20.&nbsp;&nbsp;</li>
<li>About 20% of Apple's sales come from China.&nbsp; If Trump is elected, there is a fair probability that Apple may become a pawn in geopolitical maneuvers.</li>
</ul>
</li>
<li>At The Arora Report, we understand and acknowledge that investors love AAPL stock. As full disclosure, AAPL is in The Arora Report&#8217;s ZYX Buy Model Portfolio.&nbsp; Before sending hate mail for not writing positively about Apple in this article, keep in mind two facts:
<ul>
<li>Buffett has praised Apple, but due to slowing growth and the high valuation, Buffett is being prudent.</li>
<li>The Arora Report's recommendation of AAPL stock has an average price of&nbsp; $4.68.&nbsp; AAPL is trading at $221.40 as of this writing in the premarket.&nbsp;</li>
</ul>
</li>
<li>Nvidia holders are celebrating.&nbsp; NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) will be added to the Dow Jones Industrial Average (DJIA) on November 8, and&nbsp;Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) will be removed.&nbsp; Also being added is paint maker Sherwin-Williams Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) and Dow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>).&nbsp; Investors should note the following:
<ul>
<li>On the average, a stock loses about 4.8% one year after being added to DJIA.</li>
<li>Very little money is tied to DJIA in a passive manner.&nbsp; As such, these additions and deletions do not have the same impact as additions and deletions to S&amp;P 500.</li>
<li>Typically, only the momo crowd buys on additions to DJIA.</li>
</ul>
</li>
<li>We understand that just like AAPL, investors love NVDA.&nbsp; As full disclosure, NVDA is in The Arora Report&#8217;s ZYX Buy Model Portfolio. Before sending us hate mail for not writing positively about Nvidia in this article, keep in mind that The Arora Report's recommendation of NVDA has an average price of $12.55.&nbsp; &nbsp;</li>
<li>The Trump trade is pulling back on recent polling data indicating Harris could take Iowa, traditionally a red state.&nbsp; Investors should remember to separate their politics from their investing to maximize returns.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Nvidia (NVDA).
In the early trade, money flows are neutral in Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
In the early trade, money flows are negative in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and AAPL.
In the early trade, money flows are neutral in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing selling as bitcoin is part of the Trump trade.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Pay Attention To Warren Buffett Actions, Nvidia Celebration, Trump Trade Pulling Back

This is how Tech differs today vs. in 2020 and in 2016 – DataTrek

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Tech stocks that are driving market growth, capitalizing on AI and automation, and maintaining strong fundamentals can justify the premium valuation. Therefore, investors might consider premium-priced tech stocks like Apple (AAPL), NVIDIA (NVDA), and Meta Platforms (META). Read on... This year, advancements in artificial intelligence position tech companies at the forefront of innovation, ready to capitalize on AI-driven productivity. These trends are boosting demand and benefiting the sector, with the IT hardware market projected to grow at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">7.9% CAGR</a>, reaching $191.03 billion by 2029, driven by corporate investments in technology to enhance productivity.
Therefore, it could be wise to consider tech giants: Apple Inc. (<a href="https://stocknews.com/stock/AAPL/">AAPL</a>), NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>), and Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>) despite their premium valuations.
Similarly, the tech sector is thriving, fueled by major investments and strategic partnerships in advanced chip manufacturing, accelerating innovation. With the industry's shift toward digitization and automation, demand for high-performance computing is surging. Consequently, the global semiconductor market is projected to reach $2.06 trillion by 2032, growing at a robust <a href="https://www.fortunebusinessinsights.com/semiconductor-market-102365">14.9% CAGR</a>.
Therefore, despite high P/E ratios, the abovementioned tech stocks which continue to lead in market growth, profitability, and long-term potential, could be attractive investment opportunities. Let's assess the fundamentals of the tech stocks.
Apple Inc. (<a href="https://stocknews.com/stock/AAPL/">AAPL</a>) 
AAPL designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers the iPhone, the Mac, the iPad, and wearables, home, and accessories including AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
In terms of forward non-GAAP <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E</a>, AAPL's 30.10x is 27% higher than the 23.71x industry average. Its 3.02x forward non-GAAP PEG is 68% higher than the 1.80x industry average. Similarly, its 23x forward EV/EBITDA is 59.7% higher than the 14.40x industry average.
For the fiscal fourth quarter ended September 28, 2024, AAPL's total net sales increased 6.1% from the previous year to $94.93 billion. Its operating income rose 9.7% year-over-year to $29.59 billion. However, the company's net income and EPS were $14.74 billion and $0.97, representing decreases of 35.8% and 33.6% from the same quarter last year, respectively.
Street expects AAPL's EPS for the quarter ending December 31, 2024, to increase 7.9% year-over-year to $2.35. Its revenue for the same quarter is expected to grow 4% year-over-year to $124.41 billion. AAPL surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 25.8% to close the last trading session at $222.23.
AAPL's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect mixed prospects. It has an overall rating of C, translating to a Neutral in our proprietary system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a C grade for Growth, Momentum, and Stability. Within the <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, AAPL is ranked #24 out of 41 stocks. To see the additional grades of AAPL for Value, Sentiment, and Quality, <a href="https://stocknews.com/stock/AAPL/">click here</a>.
NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>)
NVDA provides graphics, computing, and networking solutions internationally. It operates in three segments: Graphics, Compute &amp; Networking. The company's products are used in gaming, professional visualization, data center, and automotive markets.
In terms of forward non-GAAP P/E, NVDA's 47.83x is 101.8% higher than the 23.71x industry average. Its 39.94x forward EV/EBIT is 101.8% higher than the 19.79x industry average. However, its 1.35x forward EV/Sales is 25% lower than the 1.80x industry average.
NVDA's revenue for the second quarter which ended on July 28, 2024, increased 122.4% year-over-year to $30.04 billion. The company's non-GAAP operating income increased 156.4% year-over-year to $19.94 billion.
In addition, NVDA's non-GAAP net income and non-GAAP net income per share came in at $16.95 billion and $0.68, representing increases of 151.5% and 151.9% from the year-ago values, respectively.
For the quarter ended October 31, 2024, NVDA's EPS and revenue are expected to increase 84.5% and 81.8% year-over-year to $0.74 and $32.94 billion, respectively. NVDA surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 208.5% to close the last trading session at $138.86.
NVDA's uncertain prospects are reflected in its POWR Ratings. It has an overall rating of C, which translates to a Neutral in our proprietary rating system.
It has a C grade for Growth and Momentum. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, it is ranked #42 out of 91 stocks. To access additional grades for NVDA's Value, Stability, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/NVDA/">click here</a>.
Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>)
META engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs.
In terms of forward non-GAAP P/E, DELL's 24.91x is 81.6% higher than the 13.72x industry average. Its 14.17x forward EV/EBITDA is 80.8% higher than the 7.83x industry average. On the other hand, its 1.18x forward non-GAAP PEG is 19.8% lower than the 1.47x industry average.
META's revenue for the third quarter ended September 30, 2024, increased 18.9% year-over-year to $40.59 billion. Its income from operations grew 26.2% from the previous year's quarter to $17.35 billion. For the same period, the company's net income amounted to $15.69 billion, or $6.03 per share, up 35.4% and 37.4%, respectively, over the prior-year quarter.
Analysts expect META's EPS and revenue for the quarter ending December 31, 2024, to increase 26.1% and 17.1% year-over-year to $6.72 and $46.96 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 81.1% to close the last trading session at $569.82.
META's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It is ranked #17 out of 52 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry. It has an A grade for Sentiment and Quality. <a href="https://stocknews.com/stock/META/">Click here</a> to see META's Growth, Value, Momentum, and Stability ratings.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
AAPL shares were trading at $222.91 per share on Tuesday afternoon, up $0.90 (+0.41%). Year-to-date, AAPL has gained 16.22%, versus a 22.30% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/aapl-nvda-meta-3-high-pe-tech-stocks-worth-the-premium-price/>3 High-PE Tech Stocks Worth the Premium Price</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-PE Tech Stocks Worth the Premium Price

Nvidia retakes world's most-valuable company title from Apple as market cap climbs

Perplexity reaches $9B valuation in latest funding round: report

Chipmaker Nvidia ($NVDA) is once again the world's most valuable publicly traded company, having finished trading on November 5 with a market capit...

Nvidia (NVDA) Surpasses Apple to Become the World's Most Valuable Public Company

With rapid digitalization, rapid adoption, and development, as well as surging demand, the AI market is on the rise. Amid this backdrop, investors could buy fundamentally solid AI stocks NVIDIA Corporation (NVDA), Microsoft (MSFT), and Meta Platforms (META) poised for substantial gains. Continue reading... The artificial intelligence (AI) market is rapidly developing, and industries are evolving across the globe. The industry offers unprecedented potential to transform how businesses are done worldwide by offering efficiency and lower costs. This has resulted in the adoption of AI by more and more businesses.
Given the industry's rosy prospects, it could be wise to consider sound AI stocks NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>), Microsoft Corporation (<a href="https://stocknews.com/stock/MSFT/">MSFT</a>), and Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>) for potential gains.
Artificial Intelligence (AI) is continuously reshaping diverse industries and economies, resulting in rapid transformation and robust growth. Industries and companies are striving to innovate and explore the full potential of AI and implement it to the best use for boosting productivity, improving efficiency, and fastening digitalization.
Industries like healthcare, biotech, education, finance, advertising, consumer goods, and industrial segments are increasingly utilizing AI to improve their business efficiency. With this, the contribution of AI is expected to rise at a rapid pace in the future. A research by Exploding Topics stated that over 77% of companies are either using or exploring the use of AI in their businesses.
With its wide range of applications and demands, AI is expected to create over 97 million new jobs by the next year. Also, notably the technology is anticipated to <a href="https://www.nu.edu/blog/ai-statistics-trends/">contribute $15.70 trillion to the global economy</a> by 2030. With its features like automating business operations like consumer service, fraud detection, and quality control, AI creates new industry opportunities.
Statista projects the AI market will reach around <a href="https://www.statista.com/outlook/tmo/artificial-intelligence/worldwide">$184 billion in 2024</a>, with the United States leading globally at $50.16 billion.
Considering the conducive industry trends, let's delve deeper into the fundamentals of quality AI stocks such as NVDA, MSFT, and META, which are transforming industries.
NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>)
NVDA provides graphics, computing, and networking solutions worldwide. The company operates through two segments: Compute &amp; Networking and Graphics. It offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms.
On October 28, NVIDIA announced that xAI's Colossus supercomputer cluster comprising 100,000 NVIDIA Hopper Tensor Core GPUs in Memphis, Tennessee, achieved massive scale with the help of NVIDIA Spectrum-X&#x2122; Ethernet networking platform, designed to deliver superior performance to multi-tenant, hyperscale AI factories.
On October 21, NVDA expanded its collaboration with Microsoft to support AI startups, emphasizing healthcare and life sciences. The announcement was made at the HLTH healthcare innovation conference. The initiative integrates NVDA's Inception program with Microsoft for Startups, allowing access to cloud credits, AI development software, and expert technical and business support.
The strategic partnership is projected to increase the demand for the company's AI hardware and software solutions, thereby boosting revenues.
NVDA's revenue increased 122.4% year-over-year to $30.04 billion for the second quarter, which ended on July 28, 2024. Its non-GAAP <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> rose 156.4% from the year-ago value to $19.94 billion. The company reported non-GAAP net income of $16.95 billion and $0.68 per share, indicating increases of 151.5% and 151.8% year-over-year, respectively.
In addition, the company's free cash flow rose 122.9% from the prior-year quarter to $13.48 billion.
According to the company's outlook for the third quarter fiscal 2025, NVDA projects revenue of $32.50 billion, plus or minus 2%.
Street expects NVDA's revenue for the third quarter (ended October 2024) to increase 81.8% year-over-year to $32.94 billion, while its EPS for the same period is expected to improve 84.5% year-over-year to $0.74. Furthermore, the company surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
NVDA's shares have gained 47.7% over the past six months and 197.4% over the past year to close the last trading session at $136.05.
NVDA's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
NVDA has an A grade for Sentiment and a B grade for Quality. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, NVDA is ranked #42 out of 91 stocks.
<a href="https://stocknews.com/stock/NVDA/">Click here</a> to access additional ratings of NVDA for Growth, Value, Stability, and Momentum.
Microsoft Corporation (<a href="https://stocknews.com/stock/MSFT/">MSFT</a>)
MSFT develops and supports software, services, devices, and solutions globally. The company operates through three segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. It offers Office, Exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft Viva, Microsoft 365 Copilot, and Office consumer services.
On October 10, MSFT unveiled several Microsoft Cloud for Healthcare innovations to connect care experiences, enhance team collaboration, empower healthcare workers, and unlock clinical and operational insights.
Through new healthcare AI models in Azure AI Studio, capabilities for healthcare data solutions in Microsoft Fabric, the healthcare agent service in Copilot Studio, and an AI-driven nursing workflow solution, Microsoft Cloud for Healthcare is supporting healthcare organizations in their journey toward shaping a healthier future.
On October 3, MSFT and Rezolve AI, a global leader in AI-powered commerce solutions, announced a strategic partnership to empower retailers with advanced capabilities for digital engagement.
Under the collaboration, Rezolve AI's Brain Suite, including Brain Commerce, Brain Checkout, and Brain Assistant will be powered by Microsoft Azure and available globally via Microsoft's Azure Marketplace and co-sell channels.
MSFT's total revenues rose 16% year-over-year to $65.58 billion for the fiscal first quarter that ended September 30, 2024. The company's operating income grew 13.6% from the year-ago value to $30.55 billion. Also, its net income and EPS totaled $24.67 billion and $3.30, reflecting increases of 10.6% and 10.4% from the prior year's quarter, respectively.
Furthermore, the company's total assets stood at $523.01 billion as of September 30, 2024, versus $512.16 billion as of June 30, 2024.
Street expects MSFT's revenue and EPS for the second quarter (ending December 2024) to increase 11.3% and 7.2% year-over-year to $69.03 billion and $3.14, respectively. Furthermore, it has surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
MSFT's stocks have surged 14.6% over the past year to close the last trading session at $408.46.
MSFT's robust growth prospects are reflected in its POWR Ratings. The stock has a B grade for Quality and Stability. Within the <a href="https://stocknews.com/category/software-business/">Software - Business</a> industry, MSFT is ranked #17 out of 39 stocks.
<a href="https://stocknews.com/stock/MSFT/">Click here</a> to access additional ratings of MSFT for Value, Growth, Momentum, and Sentiment.
Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>)
META engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. The company operates in two segments: Family of Apps and Reality Labs.
META's trailing 12-month gross profit margin and EBIT margin of 81.50% and 41.61% are 58.3% and 356.9% higher than the industry averages of 51.49% and 9.11%, respectively. Also, its trailing-12-month net income margin of 35.55% is significantly higher than the 2.61% industry average.
On May 31, META's Board of Directors declared a quarterly cash dividend of $0.50 per share of its outstanding Class A common stock and Class B common stock, paid on June 26, 2024, to stockholders of record as of the close of business on June 14, 2024. META pays an annual dividend of $2, which translates to a yield of 0.35% at the current share price.
For the third quarter that ended September 30, 2024, META's revenue increased 18.9% year-over-year to $40.59 billion. The company's income from operations grew 26.2% from the year-ago value to $17.35 billion. Its net income and earnings per share of $15.69 billion and $6.03 indicate growth of 35.4% and 37.3% from the prior year's quarter, respectively.
In addition, the company's free cash flow increased 13.8% year-over-year to $15.52 billion.
Analysts expect META's revenue and EPS for the fourth quarter (ending December 2024) to increase 17.1% and 25.8% year-over-year to $46.96 billion and $6.70, respectively. Moreover, the company topped the consensus revenue and EPS estimates in all four of the trailing quarters.
Shares of META have surged 20.4% over the past six months and 77.5% over the past year to close the last trading session at $560.68.
META's POWR Ratings reflect its robust prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has an A grade for Quality and Sentiment. META is ranked #17 among 52 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
To access additional META ratings for Growth, Value, Stability, and Momentum, <a href="https://stocknews.com/stock/META/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
NVDA shares fell $0.30 (-0.21%) in after-hours trading Tuesday. Year-to-date, NVDA has gained 182.59%, versus a 22.48% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/nvda-msft-meta-3-ai-stocks-transforming-industries-and-driving-future-growth/>3 AI Stocks Transforming Industries and Driving Future Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 AI Stocks Transforming Industries and Driving Future Growth

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