US bourse elevated again on Wednesday, propelled by NVIDIA (NVDA.US), Microsoft (MSFT.US), and Oracle (ORCL.US). The Nasdaq, steering the gains, jumped up 1.3% or 288 points to end at 23,152; the S&P 500 mounted 56 points or 0.8% to settle at 6,946; and the DJIA spiked 307 points or 0.6%, closing at 49,482.
NVIDIA is set to announce its earnings after the market close on Wednesday, and its stock went up 1.4%. Software stocks continued to rebound, with Oracle receiving an upgraded rating from brokers, up 1.2%, Microsoft up 3%, and Palantir (PLTR.US) up 4.2%.
Netflix (NFLX.US) executives are scheduled to meet at the White House on Thursday to discuss the acquisition of Warner Bros. The stock soared 6% at close on Wednesday.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| Nvidia (C) |
10055 |
230 (-) |
0.072 |
10.2 X |
| Nvidia (C) |
11007 |
205 (-) |
0.340 |
4.9 X |
| Nvidia (P) |
10057 |
165 (-) |
0.059 |
8.4 X |
| MSFT (C) |
11006 |
550 (-) |
0.049 |
11.2 X |
| MSFT (P) |
10715 |
435 (-) |
0.590 |
9.1 X |
| MSFT (P) |
11064 |
390 (-) |
0.590 |
4.0 X |
| NFLX (C) |
10088 |
140 (-) |
0.026 |
6.3 X |
