GraniteShares 2X Long AVGO Daily ETF (AVGU) News

Bowie Capital Boosts Broadcom Stake With 112,599 Shares

TipRanks11:01

U.S. Market Close | Stocks Extend Declines Amid Caution Ahead of CPI Data Release; KKR and Apollo Global Management Both Rise Over 6%; Chinese ADRs Slide, with Alibaba Down Over 3%; Middle East Tensions Provide Further Support to Oil Prices

The S&P 500 Index declined by 0.3%. Alphabet (Google) fell 3.84%, marking its largest single-day drop in nearly six months. Alternative asset management firms and the BDC sector rose across the board. KKR surged 6.92%, Apollo gained 6.23%, and Blackstone rose 3.89%. The yield on the 10-year U.S. Treasury note decreased by 2 basis points. WTI crude oil settled up approximately 1.5% at $83.40 per barrel, while Brent crude rose about 1.3% to $88.90.

wallstreetcn06:37

Top 20 by Trading Volume | Google drops over 3%; CEO says Gemini has surpassed 1 billion monthly active users; NVIDIA reportedly developing trillion-parameter open-source model Nemotron 4; memory stocks rebound, with SanDisk up nearly 3%

Micron Technology, the second most actively traded stock on U.S. markets on Tuesday, rose 0.87% with a trading volume of $25.18 billion. On August 11, at KeyBanc Capital Markets’ annual Technology Leadership Forum, Sumit Sadana, Executive Vice President and Chief Business Officer of Micron Technology, stated that due to sustained strong demand driven by the artificial intelligence boom and the industry’s inability to expand capacity quickly enough, the tight supply conditions in the memory chip market are expected to persist beyond 2027.

Global Market Update05:53

Broadcom Options Spot-On: On August 11th, 145.6K Contracts Were Traded, With 2 Million Open Interest

On August 11th ET, $Broadcom(AVGO.US)$ had active options trading, with a total trading volume of 145.6K options for the day, of which put options accounted for 56.09% of the total transactions, and

Futu News04:30

Jensen Huang clarifies details of the $50 billion financing plan, and NVIDIA's credit risk eases.

Jensen Huang stated that NVIDIA’s support in the $500 billion AI infrastructure financing initiative would be 'capped at no more than 25% of any single project,' positioning the company in a supplementary role. Analysts noted that this clarification alleviated some market uncertainty, as NVIDIA has brought in multiple parties and its own exposure is not as severe as investors initially feared. Following the announcement, NVIDIA’s bond spreads and credit default swap prices both narrowed.

wallstreetcn02:57

Nvidia's Chip Boom Is Spreading: JPMorgan Says These 6 Stocks Could Ride It

NVIDIA Corp. (NASDAQ:NVDA) may still be the face of the artificial intelligence chip boom, but JPMorgan says the next phase of the semiconductor rally could spread much further across the industry.•

Benzinga02:35

Unusual Options Activity: AVGO, CRWV and Others Attract Market Bets, AVGO V/OI Ratio Reaches 143.2

EST Aug 11th Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options

Futu News01:30

3 Vanguard ETFs That Could Turn $1,000 Into Long-Term Wealth

TipRanks00:41

CNCF Announces Graduation of Cloud Native Buildpacks, Advancing the Standard for Container Builds

Project reaches broad production adoption for transforming application source code into OCI-compliant container images across cloud environmentsKey Highlights:Cloud Native Buildpacks has graduated

PR Newswire00:00

Overvalued? Analysts See 40%+ Upside in These 3 High P/E Stocks

TipRanksAug 11 23:31

Unusual Options Activity: ORCL, TJX and Others Attract Market Bets, ORCL V/OI Ratio Reaches 574.8

EST Aug 11th Morning Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.

Futu NewsAug 11 23:30

Wall Street Bank Urges Hedging Into July's CPI - as Sell Trigger Hits Highest Level in Eight Years

By Nora Redmond Analysts at Wells Fargo recommend hedging into July's consumer price index. Wells Fargo is advising investors to hedge into July's consumer price index as its sentiment indicator

MarketWatchAug 11 18:50

Cathie Wood Buys the Dip in Nvidia, Broadcom Shares, Sells $37M in Deere

TipRanksAug 11 18:34

U.S. optical communications stocks plunged—why did a Reuters report from an old investigation suddenly become bearish?

Why has the optical communications sector underperformed the broader semiconductor segment so severely?

US Stock Investment NetworkAug 11 16:33

Citing concerns over debt risk, Bank of America downgraded Broadcom's credit rating to neutral.

Broadcom's fundamentals remain strong, but the potential credit risk stemming from the XPV platform is emerging as a new variable for bond investors. Bank of America Securities downgraded Broadcom's credit rating from 'Overweight' to 'Neutral.' The firm noted that significant uncertainty still surrounds the XPV platform jointly established by Broadcom, Blackstone, and Apollo, and as the platform scales up, related risks could continue to exert pressure on Broadcom's bond spreads. In a report published on August 10, Bank of America analyst Tom Curcuruto pointed out that since early June, Broadcom's bond spreads relative to those of other A-rated semiconductor companies have widened by approximately 20 to 30 basis points. Currently,

wallstreetcnAug 11 16:13

Morgan Stanley Analysis: AI Chips Surge—Can Power Supply Keep Pace? Implied Demand Reaches Approximately 38 GW by 2027

NVIDIA alone accounts for 16 GW, pushing power demand to a new bottleneck due to AI chips.

BlockBeatsAug 11 14:20

Crake Asset Management Trims Broadcom Stake by 330,000 Shares

TipRanksAug 11 11:01

Top 20 by Trading Volume | NVIDIA partners with Wall Street giants to plan a $500 billion bet on AI infrastructure; SpaceX rises another 4%, pushing its share price back above the IPO level; Meta releases compact AI models; Intel issues $15 billion in add

NVIDIA, the most actively traded stock on U.S. markets, declined 2.86% with a turnover of $25.189 billion. On Monday, August 10, according to the Financial Times citing informed sources, Wall Street giants including Apollo, Blackstone, Global Infrastructure Partners (a BlackRock company), Brookfield Asset Management, Goldman Sachs, and KKR are in discussions with NVIDIA regarding a $500 billion AI infrastructure financing arrangement, which could be officially announced as early as today. The report noted that the participating firms will form a consortium to establish a dedicated investment fund, with proceeds earmarked specifically for AI chip procurement, power generation, and data center construction.

Futu NewsAug 11 06:50

U.S. Market Close | All three major indices ended slightly lower, with the semiconductor index down nearly 3%; the optical communications sector opened higher but closed lower, as Coherent dropped over 14% and Lumentum fell more than 8%; escalating tensio

The semiconductor sector collectively suffered losses. Arm Holdings plunged 5.21%, leading the decline, followed by Marvell Technology down 4.65%. AMD and NVIDIA each fell 2.86%, Micron Technology dropped 1.89%, and Broadcom declined 1.25%. Optical communications emerged as the worst-performing subsector within the AI segment. The yield on the 10-year U.S. Treasury note rose by 3 basis points to 4.68%, while the 30-year yield hit 5.21%. WTI crude oil surged 5.26% to reclaim the $82 mark, with Brent crude rising in tandem by 5.14%.

wallstreetcnAug 11 06:38

Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion -- 2nd Update

By Jack Pitcher and Anissa Gardizy Nvidia reached deals with some of Wall Street's largest firms aimed at raising massive amounts of capital to help the chipmaker's customers finance the cost of

WSJAug 11 05:47