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Why Nvidia’s Hugging Face deal is about much more than chips
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.Yesterday, Nvidia confirmed what we all already knew. The company is planning to acquire Hugging Face, a New York-based startup which…
Volkswagen stock rises on 50,000 job cuts plan amid tariffs, China pressure
Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of the VW plant in Zwickau.Picture Alliance | Picture Alliance | Getty ImagesVolkswagen shares jumped on Friday after it announced…
Nvidia’s investments grow to $99 billion as chip giant expands its reach
Nvidia has become one of the world's largest corporate backers of tech companies as the value of its equity investments soared more than tenfold in the past year to $99 billion, with the chip giant increasingly looking to leverage its…
Milei renews Falklands dispute as Trump rethinks UK support
Argentine President Javier Milei speaks during the Madrid Forum, where conservative leaders from Latin America have gathered, in Santiago, Chile on September 3, 2026.Anadolu | Anadolu | Getty ImagesArgentina's President Javier Milei has…
Government bond sell-off may continue
Investors should expect the sell-off of global government bonds to continue, renowned economist Mohamed El-Erian told CNBC on Friday. "I don't see any appetite in the U.S. for immediate fiscal consolidation. So I suspect we will continue…
World’s biggest sovereign wealth fund plans to cut Treasury holdings
Buildings in the Bardcode Project financial district in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty ImagesNorway's sovereign wealth fund has proposed cutting the allocation of government bonds in its $2.3…
Bond market rout raises long-term inflation fears
A sharp sell-off in global government bonds is exposing investor anxiety that the macroeconomic backdrop may be shifting toward persistently higher inflation, as governments struggle to rein in spending and sovereign debt.Pressure on…
Zscaler (ZS) Q4 earnings 2026
Zscaler stock soared on Thursday after the cloud security company beat Wall Street's fiscal fourth-quarter estimates as rising artificial intelligence risk spurred urgent demand for cyber tools. Here's how the company performed compared…
European Union joins U.S.-led ‘Operation Economic Outcast’
U.S. Treasury Secretary Scott Bessent speaks during a "fireside chat", as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., September 1, 2026. Sam Wolfe | ReutersU.S. Treasury…
A ‘shakeout’ in early-stage AI may be coming as VC money gets pickier on
Investors should keep an eye out for excessive valuations and focus on productivity when it comes to investing in AI companies, market watchers say.
Read More: A 'shakeout' in early-stage AI may be coming as VC money gets pickier on