Nvidia $NVDA has agreed to acquire Hugging Face for $12.9B
Hugging Face hosts millions of AI models and datasets and has become a major hub for open-source AI developers. Hugging Face was recently hacked by OpenAI AI agents during a cybersecurity test. Source: Trend Spider, Bull Theory
As highlighted by David Marlin on X, the most important line from tonight's $NVDA call came from the CFO.
“CapEx by the top 5 hyperscalers is expected to reach $800B in 2026 and $1.3T in 2027.” Consensus had $1.3T in 2028. She just moved it up a year to 2027‼️ It seems (again) that everyone is underestimating the strength of this AI supercycle Source: Marlin Capital
For what PE ratio is worth as a valuation tool for Tech stocks, Nvidia $NVDA is the cheapest of the Mag 7 on a Forward PE Ratio basis:
TSLA: 156x AAPL: 33x AMZN: 25x GOOG: 23x MSFT: 21x SPX: 20x META: 17x NVDA: 16x
If you invested $100K into Victoria's Secret $VSXY the day they announced they were bringing back the Fashion Show you'd now be at $402,000.
They cite Pakistani and Iranian sources, saying the deal will be announced in the coming days. U.S. oil prices fell on the news. Neither the U.S. nor Iran have confirmed. Source: Trend Spider
AI, Infrastructure, Defense, Space, and Nuclear are now the top 5 ETF themes of 2026
Source: Hedgeye
Strategy's preferred stock $STRC is now up 36% from its $71 bottom and just 2.65% away from its $100 peg.
But Strategy hasn't bought a single Bitcoin since June 22, over 9 weeks now, its longest pause in years. Instead of buying BTC, the company raised $2 billion last week alone by selling MSTR shares, using it to repurchase STRC shares, build up its dividend reserve, and launch a new $1.59 billion cash pool. Strategy's total cash across both reserves now stands at $6.69 billion. Source: Bull Theory
This has been a major market driver so far this year. Can it last?
Source: GS, TME
The U.S. Treasury may have found a new weapon for the bond market: its nearly $1 TRILLION cash pile.
Treasury is considering using its TGA — effectively the government’s bank account at the Fed — to fund long-term bond buybacks. The mechanics are powerful: Buy long-duration Treasuries → TGA falls → cash enters the banking system → liquidity rises → long-end supply falls. Treasury could therefore support bonds today, then issue T-bills later to rebuild its cash balance. This is not QE: the Fed isn’t printing new money. But the timing matters. Effectively, Treasury can temporarily transform: Long-duration debt → short-duration debt That could suppress long-end pressure while injecting liquidity into markets. But it doesn’t solve America’s debt problem. It postpones it, shortens it — and potentially takes the U.S. another step toward fiscal dominance and financial repression. Source: Macro Liquidity by Sunil Reddy
