UBS raises price target on Nvidia ahead of earnings, says tailwinds ‘remain strong’

UBS raises price target on Nvidia ahead of earnings, says tailwinds ‘remain strong’

UBS is growing more bullish on Nvidia ahead of the company’s second-quarter earnings results due out next week. On Thursday, the firm reiterated its buy rating on the artificial intelligence chip darling and raised its price target to $205 from $175. That implies nearly 17% upside from Wednesday’s close. “We see overall demand signals as…

Read More
China issues bounty for Taiwan PsyOps unit for ‘separatism’

China issues bounty for Taiwan PsyOps unit for ‘separatism’

A statue of a soldier with its gun pointed towards Xiamen on the Chinese mainland across the Taiwan Strait on Lieyu Island in Kinmen, Taiwan. Bloomberg | Bloomberg | Getty Images Chinese police on Saturday offered rewards of $1,400 for information about 18 people it said were Taiwanese military psychological operations officers spreading “separatist” messages,…

Read More