Weekly Market Roundup
Nvidia Confirms $12.9 Billion Hugging Face Deal, Plus Another AI Infrastructure Move
Hugging Face turned down a $500 million investment from Nvidia less than a year ago, back when that stake would have valued the company at $7 billion. Nvidia just agreed to buy the whole thing for nearly twice that. In Texas, a company that started out mining Bitcoin cleared a bureaucratic hurdle most investors have…
Biotech Sector Snapshot: Trial Failure Meets a Rally
One failed trial erased more than a billion dollars from a single biotech’s market value this week. The sector it trades in barely noticed. Both of those facts are true at the same time, and untangling why is more useful than picking a single winner to write about. The Rally’s Math: XBI Up 36% Even…
A 30-Year-Old Copper Target Finally Gets Drilled, Plus a Lithium Explorer’s Exit Into Gold
A copper target in British Columbia hadn’t seen a meaningful drill in three decades until this week. A lithium exploration company decided it no longer wants to be a lithium exploration company, and is buying a gold royalty instead. A healthcare marketplace signed a partnership with no agreed revenue split yet, then got approved to…
Verdera Energy Sells Treeline Uranium Project to Americas Uranium as New Report Tracks Global Clean Energy Progress
A small uranium explorer just sold off a property that never made its priority list, taking cash, shares, and a royalty stream in return. Zoom out from any single stock this week and a new global report has a blunter story to tell: clean electricity investment hit a record last year, and it’s still not…
Victory Square Revenue Surge, Kraken Robotics Q2 Results
Victory Square Technologies posted a net loss of about $100,000 in the first half of last year. This year, over the same six months, it posted $6.5 million in net income on revenue that grew more than fivefold. A marine technology company on the other side of the country reported a much smaller revenue gain,…










