Nvidia dominates the semiconductor realm, but one of its rivals is quietly gaining some momentum.
Nvidia hasn't been able to make much of a dent in the automotive chip market, but there is one company that's winning big in this space.
/Chip%20During%20Rush%20Hour.jpg)
Qualcomm stock looks deeply undervalued here after its recent Q2 results which showed strong free cash flow margins. As a result, one attractive buy-in play is shorting out-of-the-money put options.
The United States Government informed Intel and Qualcomm that they are revoking a license to export products to a specific Chinese customer.
This Nvidia peer is benefiting from the growing adoption of AI-enabled smartphones.
A new export restriction dinged the stock.
The U.S. has revoked export licenses that allowed companies, including Intel (INTC) and Qualcomm (QCOM), to supply chips to China's Huawei Technologies, signaling a significant tightening of restrictions...
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.43%. US stock indexes...
The pair are extremely reliable dividend payers, dispensing their payouts every quarter.
A short straddle is an advanced options strategy used when a trader is seeking to profit from an underlying stock trading in a narrow range.