Happy Wednesday Zingers! And happy Valentine’s Day! If you have someone special in your life and you haven’t gotten any flowers or chocolates yet, consider this a last-minute reminder.

Americans are expected to buy more than $600 million worth of chocolate for Valentine’s Day, making it one of the sweetest days of the year. It’s also one of the busiest nights for restaurants. Which reminds me… I should probably call and try and get a reservation. Otherwise I’ll be taking a date to the drive-thru.

Before we dive in, if you’re into options trading, you need to check out these trade alerts from CBOE.

And, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.

MARKET SNAPSHOT

Yesterday: Oof. Mr. Market took a tumble yesterday as CPI came in slightly higher than expected, and fears grew that the Fed won’t be cutting rates as soon as expected.

On Our Radar: Chicago Fed President Austan Goolsbee will speak at 9:30 am ET. Then, we’ll hear from Fed’s Vice Chair for Supervision Michael Barr at 4 pm ET. Trade on Zingers!

TOP STORY

Nvidia's Rally At Risk? One Potential Red Flag

Briefly: NVIDIA has made many fans this year with its meteoric rally — but short seller Jim Chanos isn’t one of them.

So Basically: UBS analyst Timothy Arcuri reported a decrease in lead times for NVIDIA’s chips, indicating available shipment slots in the latter half of 2024.

So Then: Although Arcuri admitted, “Normally, this is bad.” Shortened lead times typically suggest waning demand. But the analyst said he sees it in this case as “upside potential for shipments and revenue.”

So What? Not everyone saw the bright side. Jim Chanos, renowned for his successful short bets on companies like Enron and Tesla, responded, “No, that’s bad…”

What Next: Here’s why.

PRESENTED BY CBOE

FIVE ZINGERS

Healthy Returns: Check out what analysts are saying about these healthcare stocks with high dividends.

Sneaky Sneaky: Amazon customers are suing the company for sneaking in commercials to its “ad-free content.” Here are the details.

Makin’ Moves: Alibaba announced new partnerships with companies in Saudi Arabia and the UAE. Here’s why it matters.

Don’t Play Games: I guess the kids aren’t playing as much Fortnite anymore. Sony is trying to win back investors after posting weak PS5 sales.

Rising Interest: Robinhood’s CFO spoke about the rising interest of Bitcoin ETFs on the brokerage, which now accounts for 5% of their crypto trades.

ONE FOR THE ROAD

Apple Vision Pro: Why Some Users Have Decided To Return The Headset

Briefly: The Apple Vision Pro has been met with mixed reviews — from critics and, now, buyers.

So Basically: Some users are impressed with its spatial computing capabilities. But others are returning the device due to design and performance issues.

So Then: One of the main reasons for these returns is the headset’s design, which some say gets heavy after a while. Users are also disappointed with the headset’s vision quality, saying the device’s ability to overlay virtual apps is poor when observing their surroundings.

So What? Some customers are still enjoying the headset, or plan to revisit it when the technology’s more refined. The jury’s still out on Apple Vision Pro.

What Next: Read more here.

PRESENTED BY CBOE