NVDA Buys Hugging Face; MSTR Up, LULU Down After Earnings


Markets: S&P and Nasdaq rose; energy rallied. NVDA +6% on Hugging Face deal, MSTR +12% with Bitcoin, LULU -16% on weak earnings. Watch ORCL, ADBE, GME and upcoming CPI/PPI.

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What stands out

Schwab Network’s week recap put a spotlight on how concentrated news can reshape the market in one session: Nvidia’s acquisition of Hugging Face turned a deal announcement into an AI-platform litmus test (Jensen Huang pledged it would stay open), MicroStrategy jumped on a Bitcoin rally, and Lululemon plunged 16 percent after weak results. With Oracle, Adobe and GameStop set to report and Producer Price Index (PPI) and Consumer Price Index (CPI) prints due, traders will get both company-specific catalysts and macro data that could reset risk appetite.