News Highlights
$NVIDIA (NVDA.US)$ ended 2.63% higher. Its options trading volume was 4.79 million. Call contracts account for 61.2% of the total trading volume. The $130 calls expiring July 19 were traded most actively.
Nvidia and other semiconductor stocks with exposure to China rebounded early Thursday after a sharp sell-off on Wednesday due to geopolitical concerns. Despite a 6.8% drop in the $PHLX Semiconductor Index (.SOX.US)$ on Wednes...

Morning Movers
Gapping up
$Paramount Global-B (PARA.US)$ 's stock increased by 3.85% following a report from the New York Times that billionaire Barry Diller is considering a takeover bid for the company after the studio he used to lead withdrew from a merger with Skydance Media.
$PayPal (PYPL.US)$ shares rose by 1.39% after Susquehanna raised its rating from Neutral to Positive.
Gapping down
$Tesla (TSLA.US)$ 's stock declined ...

$Carvana (CVNA.US)$'s options volume surged after the company's first quarter financial results blew past estimates.
Total options volume for Carvana climbed to 207,530 contracts, the highest since March 8. The climb from 177,770 on Wednesday landed the stock in the seventh slot for the highest options volume as of 11:41 a.m. in New York.
Shares soared 35% to $117.29 after the e-commerce platform for buying and selling use...

$Apple (AAPL.US)$ is expected to release its Q2 FY 2024 earnings report on Thursday, May 2, after the market closes. So far this year, the tech giant has faltered by almost 12%, significantly lagging behind the $S&P 500 Index (.SPX.US)$ and its Mag 7 peers, except for $Tesla (TSLA.US)$. As analysts express apprehension regarding the company's challenges in China, ambiguity surrounding...