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Nvidia Up on Acquisition; Snowflake Jumps on Outlook | Stock Movers
On this episode of Stock Movers: - Nvidia (NDVA) shares are a tick higher this morning as it has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion. - Snowflake (SNOW) jumped this morning after it raised its outlook for annual sales, topping analysts' estimates, and reported rapid adoption of its AI-assisted coding tool. The company said more than 2,000 customer accounts started using its coding assistant called CoCo during the quarter, b…
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