Key News
1. US ADP employment increased by 38,000 in August, the smallest increase since January, below market expectations of 48,000.
Stock News
1. Nvidia (NVDA.O) is reportedly close to finalizing a deal this week to acquire Hugging Face for nearly $14 billion.
2. According to the Wall Street Journal, sources say Google (GOOG.O) will release its Gemini 3.8 Flash AI model this Wednesday.
3. Dell (DELL.N) reported Q2 revenue of $46.97 billion for fiscal year 2027, compared to $29.776 billion in the same period last year, exceeding market expectations of $44.953 billion.
4. Sources say the South Korean Foreign Exchange Stabilization Fund purchased approximately $20 billion in funds repatriated by SK Hynix (SKHY.O) after its ADR listing.
5. Chevron (CVX.US) plans to invest $7 billion over the next five years to more than double its oil production in Venezuela.
6. Amazon India (AMZN.US) announced it will provide over 160,000 seasonal jobs across India.
7. GitLab (GTLB.US) reported Q2 2027 revenue of $286.3 million, a 21% year-over-year increase.
8. Credo (CRDO.US) reported Q4 2026 fiscal year results, with revenue reaching $437 million, a 157% year-over-year increase.
9. Berkshire Hathaway (BRK.A.N, BRK.B.N) CEO Greg Abel: Warren Buffett is very optimistic about Berkshire's investments in Japan.
10. Tesla (TSLA.O) China's August wholesale sales reached 86,000 vehicles, a 3.6% year-over-year increase.
11. Uber (UBER.N) will lay off 3,300 employees in a restructuring to reduce management levels.
12. CrowdStrike (CRWD.O) expands its partnership with OpenAI.
