Nvidia mania is sweeping the options market. Nineteen out of 20 of the most actively traded options tied to Nvidia that traded on Wednesday expire by the end of this week, Cboe Global Markets data show. Nvidia's stock split takes place on Friday, and its recent ascent is reminiscent of the frenzy that broke out in Tesla shares around the EV-maker's stock split in 2020. Read More...
How Alphabet Could Become the Next $3 Trillion Stock
The three members each boast a market value above $3 trillion through Wednesday’s close, while Alphabet’s is hovering around $2.177 trillion, according to Dow Jones Market Data. There are two classes of Alphabet stock that trade significant volume, but they trade for similar prices, around $181, and overall there are about 12.4 billion shares outstanding. Stock prices, and market values, are a function of earnings and valuation multiples.
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