Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-09-03T13:09:27+00:00
Nvidia (NVDA) stock edged higher on Thursday after the AI leader announced it's buying open-weight AI platform Hugging Face for roughly $13 billion. In a statement, Nvidia said Hugging Face would remain "an open platform for the entire AI ecosystem" and that the company would continue to support open-weight and open-source AI models. Nvidia said it's the largest contributor of open models and data to the Hugging Face platform. The deal is expected to close in the first half of 2027, pending regulatory approval. In other tech news, Snowflake (SNOW) stock soared on a second quarter earnings beat and stronger full-year product revenue guidance. Shares of Broadcom (AVGO), meanwhile, slipped after the company's quarterly earnings beatfailed to impress Wall Street. Apple (AAPL) shares remain up
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.