Nvidia’s $6-trillion milestone looms. Here’s when options traders see it happening
There’s a simple reason the Nasdaq-100 Index closed at new records Friday: the world’s biggest company notched its first record since May. Nvidia, which accounts for 13% of the Nasdaq and 8% of the S&P 500 Index, added 1.3% Friday, ending seven weeks of sideways trading surrounding a high-stakes meeting between the President and corporate executives leading “Super Intelligence.”