Stocks · News reference
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Nvidia agreed to acquire Hugging Face for $13 billion in a defensive move as customers develop competing chips, while MongoDB beat earnings expectations but fell 15% due to slower Q3 guidance. Token prices hit record lows, pressuring AI companies' business models. Uber cut 10% of workforce while lobbying against robotaxi regulations, and the Fed signals potential rate hold, impacting expensive AI stocks.
Sezzle has expanded its merchant network by adding Gymshark, Debenhams Group, and Follett Higher Education, gaining access to 7.5 million students and diverse consumer segments. The company reported strong Q2 2026 results with active subscribers up 76.4% year-over-year, purchase frequency at 7.2 times, and gross merchandise volume rising 37.9% to $1.3 billion. Competitors Block and Affirm are also expanding their BNPL networks internationally.
U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Tuesday. Shares of Cango Inc (NYSE:CANG) fell sharply in pre-market trading as the company posted downbeat results for the
Filed: 2026-08-28 AccNo: 0001662991-26-000148 Size: 155 KB Item 8.01: Other Events