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NVIDIA/Youtube Nvidia announced its third automotive partnership this year as it looks to beat competitors like Intel in the race to power self-driving cars. Nvidia will install its Drive PX supercomputer system in Volvo cars by 2021, Nvidia CEO and founder Jensen Huang said during Automobil Elektronik Kongress, a conference in Germany, Monday night pacific time. The […]
REUTERS/Lucy Nicholson Nvidia has surged 95% since the election, making it the best-performing stock in the S&P 500 over the period. Now hedge funds and millennial investors are divided over its outlook. The stock is the fourth most-shorted by hedge funds right now, judging by dollar amount of short interest, according to a Goldman Sachs study. […]
Reuters/Maxim Shemetov Here is what you need to know. China’s inflation heats up. Consumer prices in China rose 1.2% in April, above the 0.9% print that economists were forecasting. Oil jumps as inventories fall. West Texas Intermediate crude oil trades up 1.1% at $ 46.38 a barrel after the latest American Petroleum Institute data showed […]
