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Nvidia (NVDA) Reportedly Agrees to Buy Hugging Face for $12.9 Billion in Major AI Expansion
Nvidia (NVDA) has reportedly agreed to buy AI platform Hugging Face for $12.9 billion, according to reports published on August 27, 2026. The potential deal would give Nvidia greater control over a major hub for open-source AI models and datasets. It also shows that the chip giant is looking beyond GPUs. As competition in AI…
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Edge Early Learning enters voluntary administration with 70 childcare centres at risk. KordaMentha appointed to assess operations. Centres remain open for now as administrators review financial position.
Qantas Double Status Credits Offer Runs Until September 2, 2026
Qantas frequent flyers can earn double status credits or points until September 2, 2026 on eligible flights. Travel must occur between September 3, 2026 and August 14, 2027. Registration required via Qantas app.
South Korea’s KOSPI Rebounds 0.97% on Chip Gains Ahead of Nvidia Earnings
South Korea’s KOSPI climbs 0.97% to 6,808.21 on August 26 as chip stocks rally ahead of Nvidia earnings. The index is recovering from a 40% crash that wiped out $2.5 trillion in value over six weeks.
US Core PCE Holds at 3.3% in July, Dollar Edges Higher on Inflation Data
US core PCE inflation held steady at 3.3% in July 2026, matching expectations but staying well above the Fed’s 2% goal. The dollar rose slightly as markets await Jackson Hole guidance.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
NSE, BSE Open on August 26 for Eid-e-Milad; Settlement Holiday Delays Payouts
NSE and BSE remain open on August 26 for Eid-e-Milad, but settlement operations close. Profits from August 25 trades settle on August 27. MCX also trades normally.
GOOGL Stock: Alphabet Reports 24% Q2 Growth as Revenue Outlook Draws Attention
GOOGL stock stayed in focus after Alphabet reported 24% revenue growth for the quarter ended June 30, 2026. Consolidated revenue reached $119.8 billion, beating Wall Street’s $116.93 billion estimate comfortably. Google Cloud revenue surged 82% to $24.8 billion, marking the segment’s strongest quarter in years. Net income jumped 298% to $112.1 billion, boosted by a…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…