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Options Alert: Trader May See a Top in AI Stock

Options Alert: Trader May See a Top in AI Stock

C3.ai rallied in late 2024 on a mix of bullish news, but some options traders may think the AI software company is done going up. Check out this large transaction that appeared about 55 minutes after the opening bell on Wednesday: 19,152 January 36 calls were sold for...

Airbnb Tries to Break Out as Recent IPOs Fly Ahead of Established Tech Names

Airbnb Tries to Break Out as Recent IPOs Fly Ahead of Established Tech Names

Airbnb and DoorDash are breaking out as investors shrug at old tech names like Facebook. ABNB rose 5.7 percent yesterday and DASH rose 3.1 percent. Both pulled back from their peaks but still had their highest closing prices ever. There weren't any clear catalysts for...

Stocks Inch Lower, But a Whole New Market Is Being Born

Stocks Inch Lower, But a Whole New Market Is Being Born

Stocks inched lower last week, but the real story is the emergence of a new regime dominated by the next generation of technology firms. The S&P 500 fell 1 percent between Friday, December 4, and Friday, December 11. The Nasdaq-100 and Dow Jones Industrial...