Group 1: Meta Platforms Inc (META) - META stock reached a record high of $747.90 following increased efforts in artificial intelligence, including hiring four researchers from OpenAI for its 'superintelligence' team [1] - The stock has rallied from mid-April lows and is on track for its fifth win in six sessions, with a year-to-date increase of 26% [1] Group 2: Options Activity - The options market has shown significant interest in META, with a 50-day call/put volume ratio of 2.16, the highest in the past year [2] - The current options are reasonably priced, indicated by a Schaeffer's Volatility Index (SVI) of 25%, which is in the low 4th percentile of its annual range [2] Group 3: BigBear.ai Holdings Inc (BBAI) - BBAI shares increased by 20.5% to $7.04 after announcing a partnership with Easy Lease and Vigilix Technology Investment in the UAE to promote AI adoption across various industries [3] - Year-to-date, BBAI has seen a significant rise of 58.9% [3] Group 4: BBAI Options Activity - BBAI's options market is heavily skewed towards calls, with a ratio of 8.88 calls for every put over the last 10 weeks [4] - Today, 257,000 calls were traded compared to 71,000 puts, with overall volume at 3.1 times the daily average [4]
2 AI Stocks Shaking Up the Industry Today