Nvidia confirms Hugging Face acquisition as Final Trades pick
Nvidia was named a final trade on CNBC’s “Halftime Report Final Trades,” with the company confirming its $12.93 billion acquisition of Hugging Face.
On CNBC’s “ Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, picked Capital One Financial Corporation (NYSE: COF ).
Lending support to her choice, Wolfe Research analyst Darrin Peller maintained Capital One Financial with an Outperform rating on Aug.
25 and raised the price target from $255 to $275.
Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, said he likes ServiceNow, Inc. (NYSE: NOW ).
According to recent news, ServiceNow announced on Aug.
3 that Simon Mouyal has been appointed chief marketing officer.
Don’t forget to check out our premarket coverage here Jim Lebenthal, partner and chief market strategist at Cerity Partners, named NVIDIA Corporation (NASDAQ: NVDA ) as his final trade.
Nvidia has confirmed its $12.93 billion acquisition of Hugging Face, betting that ownership of the world’s leading open-model hub can extend its influence beyond chips and deeper into how AI is built.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Spotify Technology S.A. (NYSE: SPOT ).
On Aug.
20, Spotify Technology announced an increase in its share repurchase program by an additional $1.5 billion.
Price Action Capital One Financial shares gained 1.8% to close at $220.50 on Thursday.
ServiceNow shares jumped 6.5% to settle at $145.59 during the session.
Nvidia shares gained 1.8% to close at $228.45 on Thursday.
Spotify shares rose 0.1% to settle at $560.11.
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