Nvidia acquires Hugging Face for $13B, Snowflake rallies 20% on earnings, Broadcom forecasts $230B AI chip revenue, and oil prices surge on Iran tensions.
Snowflake (SNOW) stock surged 22% after crushing Q2 earnings. Cramer calls it a huge move while Burry warns of overvaluation. Here’s the full breakdown.
Planet Labs (PL) stock secures major European defense contract. Revenue surged 42% YoY to $94.15M as the company expands its defense portfolio in 2026.
Cameco (CCJ) stock jumped 3.4% after Jefferies initiated Buy coverage with a $138 price target, highlighting nuclear power demand and uranium market strength.
Oracle (ORCL) stock has fallen 36% in a year, but Jefferies maintains a $290 target ahead of Sept 10 earnings, seeing favorable risk/reward at $145.75.
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Nvidia acquires Hugging Face for $13B, Snowflake rallies 20% on earnings, Broadcom forecasts $230B AI chip revenue, and oil prices surge on Iran tensions.
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