The Global Pulse Weekly Update 07th Sep'26

Interestingly, one of the companies we covered in this edition of Global Investing update has witnessed the dark side of AI.

Hugging Face makes about $150 million a year, was hacked in July by AI that OpenAI was testing, and Nvidia is (still) paying $12.93 billion to buy it.

Broadcom tripled its AI revenue to $16.7 billion and promised $230 billion by 2028, then lost more than $100 billion of value in a day.

America added 162,000 jobs in August when economists had expected 55,000, and stocks fell on the news.