Applied Materials is reporting earnings soon, and investors can use a June 400/480 call spread to gain bullish exposure with limited risk and less capital than buying stock outright. This options strategy mimics stock movement but caps potential losses to the premium paid, protecting against downside risks seen in past earnings drops. Despite strong recent growth and positive guidance, the stock trades at a high valuation, making defined-risk strategies like call spreads preferable to direct stock ownership. The stock has surged 71% year-to-date amid a chip sector rally, but caution is advised due to valuation and volatility concerns.
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
