NVIDIA (NVDA) option implied volatility as shares trend higher

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Analysts expect solid earnings and guidance from NVIDIA (NVDA)

May 18, 2023 11:21 AM EDT

NVIDIA's (NASDAQ: NVDA) price target was raised at Oppenheimer and Susquehanna ahead of its earnings release after the close on Wednesday, May 24.

Oppenheimer analyst Rick Schafer raised the firm's price target on the stock to $350 from $300, maintaining an Outperform rating. He told investors they see upside to the company's print and outlook.

"DC expected up through the... More

China's BYD launches autonomous driving division and extensive recruitment drive

May 17, 2023 9:20 AM EDT

BYD Co, the largest electric vehicle manufacturer in China, is well aware of its lag behind competitors in autonomous driving technology. In order to address this weakness, the company has established a new division and launched an extensive recruitment campaign.

During an investor forum this month, Senior Vice President Stella Li revealed that BYD Co has successfully recruited approximately 4,000 to 5,000 software engineers. In a transcript verified by the company, she stated, "Although we are currently not leading the pack, we are committed to delivering a... More