The article highlights the Hugging Face acquisition announcement as a direct driver of Nvidia stock strength in early trading.
Stocks edge up as Nvidia leads tech higher following Hugging Face deal announcement: AlphaCheck Ines Ferré · Senior Business Reporter Thu, September 3, 2026 at 4:15 PM GMT+2 1 min read NVDA AVGO ^TNX SNOW META Good morning. Stocks edged higher on Thursday, with Nvidia ( NVDA ) leading tech gains. Long-dated bond yields slipped ahead of Friday's jobs report.
The 10-year Treasury ( ^TNX ), which had touched its highest level since November 2023 in the prior session, dropped to 4. 73%. Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .
Sector action on Thursday, Sept 3. Tech stocks (XLK ) rose as shares of Snowflake ( SNOW ) soared following a blowout quarter. Chipmaker Broadcom ( AVGO ) stock, however, dropped following strong quarterly results, but its revenue forecast missed Wall Street estimates.
Nvidia stock edged higher after the AI chip heavyweight announced it would acquire the AI open-weight model hub Hugging Face in a $13 billion deal. Here are some other notable stocks that Yahoo Finance readers are viewing this morning: Meta ( META ), Campbell's ( CPB ), and Victoria's Secret & Co. ( VSXY ).
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