Wednesday, September 09
Options traders are pricing in about a $260 billion swing in Nvidia's (NVDA.O), opens new tab market value following the chipmaker's second-quarter earnings expected on Wednesday, U.S. options market data showed.Nvidia options implied a roughly 6% swing for the shares in either direction following the results, which will be reported after markets close on Wednesday, according to the data.That is below the 7% long-term average move, suggesting that investors may now have a better handle on what to expect as the company matures."The ripples out of Nvidia might be more interesting than the actual move for Nvidia," said Chris Murphy, co-head of derivatives strategy at Susquehanna, a market maker. "A lot of these really high-flyer, speculative AI names have come off a lot, but Nvidia is basical
Avadhut Sathe, the flamboyant trading coach who turned stock lessons into Bollywood-style stagecraft, is under the scrutiny of India’s markets regulator Securities and Exchange Board of India (Sebi), even as his academy insists they sell “sanskar” and discipline, not stock tips.In a press statement, the Avadhut Sathe Trading Academy (ASTA) said it is “fully cooperating with Sebi” but stressed that it is not an advisory firm or a financial influencer. “We do not publish or circulate research reports or stock recommendations. We do not provide personalised investment advice for consideration. We also do not give trade tips, stock calls, or promise assured returns,” the release said.The academy described itself as a training institution rooted in a “Gurukul learning system”
U.S. and Russian government officials discussed several energy deals on the sidelines of negotiations this month that sought to achieve peace in Ukraine, according to five sources familiar with the talks. These deals were put forward as incentives to encourage the Kremlin to agree to peace in Ukraine and for Washington to ease sanctions on Russia, they said. Russia has been cut off from most international investment in its energy sector and from striking major deals due to sanctions following the Ukraine invasion that began in February 2022. The officials discussed the possibility of Exxon Mobil re-entering Russia's Sakhalin-1 oil and gas project, three of the sources said. They also raised the prospect of Russia purchasing U.S. equipment for its LNG projects, such as Arctic LNG 2, whic
The Indian Navy is looking at procuring a series of counter-drone systems and longer range attack vectors following Operation Sindoor, Deputy Chief of Naval Staff Vice Admiral Tarun Sobti said on Tuesday. The vice admiral said changes are being incorporated to boost the Navy's combat capabilities following an analysis of the May 7 to 10 military conflict between India and Pakistan. The warships which are equipped with expensive surface-to-air missiles running into millions of dollars cannot really afford to expand their limited arsenal to combat low cost unmanned aerial vehicles (UAVs), he told reporters on the sidelines of a tri-services conference. "We have to develop systems, especially counter UAVs which will help us take down the low cost drones," he said. Vice Admiral Sobti suggested
