Nvidia CEO Jensen Huang announced an agreement to acquire Hugging Face for $12.9 billion. This move is seen as a challenge to OpenAI and Anthropic in the AI space.
New orders for U.S. manufactured goods rebounded more than expected in July, according to a Commerce Department report. This indicates strength in the manufacturing sector.
Apple's iPhone revenue hit $56.99 billion and services revenue reached a record $30.98 billion in Tim Cook's final full quarter as CEO. The article discusses whether this mix makes Apple stock a buy as John Ternus takes over.
Honeywell International shares rose 7.5% in early trading, leading the Nasdaq 100 index. Year to date, Honeywell is up 42.2%. Palo Alto Networks was among the worst performers.
The Metals Company's resource has a net present value of $23.6 billion, but its stock trades at a fraction of that. The market is skeptical due to uncertainties in deep-sea mining.
Dutch Bros' stock fell 26% in August despite strong growth from new stores and high same-shop sales. The decline likely reflects valuation concerns or broader market conditions.
SLM Corp. will trade ex-dividend on 9/4/26 for a quarterly dividend of $0.13 per share, payable on 9/15/26. The dividend yield is approximately 0.5% based on the recent stock price of $26.11.