Traders bet on Nano-X and SoundHound before Nvidia's disclosure

ft.com

Traders made significant bets on Nano-X Imaging and SoundHound AI before Nvidia's disclosure, leading to a surge in their shares. Nvidia's stock has quadrupled since 2022, with a market cap of $1.7tn. The company's quarterly earnings update is anticipated to impact the market's recent rally. Trading volumes for Nano-X and SoundHound options surged, with some traders betting on overreactions to AI-related news. SEC declined to comment on a possible investigation.


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