Nvidia's reported $14B bid for Hugging Face lit the tape, snapping the Nasdaq's three day losing streak as oil cooled. π’ S&P 500: $7666.60 (0.46%) π’ Nasdaq: $26217.83 (0.45%) π’ Dow: $53061.95 (0.56%) πΌ Big Tech π’ $NVDA 3.21% π’ $META 2.47% π Movers π’ $ORCL 3.13% π΄ $PLTR -5.81%, profit taking after its rally hit 144x earnings $NVDA jumped almost 5% intraday on the Hugging Face news. Does a $14B AI bolt-on justify it?
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4 Comments
Matthew Balmert@cd2_js4 Β· 20d
and crdo got crapped even after having good earnings π€£
David Monroe@d0p3y71 Β· 19d
And finally Goog is back in the green.
David Monroe@d0p3y71 Β· 19d
Itβs so hilarious π to see how NVDA is like the new AI bank π¦! They are using their cash to prop up the babies - not a chance they are going to be overtaken anytime soon π₯°π
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