Stocks edge up as Nvidia leads tech higher following Hugging Face deal announcement: AlphaCheck

Good morning. Stocks edged higher on Thursday, with Nvidia ( NVDA ) leading tech gains.

Long-dated bond yields slipped ahead of Friday's jobs report. The 10-year Treasury ( ^TNX ), which had touched its highest level since November 2023 in the prior session, dropped to 4.73%.

Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .

Tech stocks (XLK ) rose as shares of Snowflake ( SNOW ) soared following a blowout quarter. Chipmaker Broadcom ( AVGO ) stock, however, dropped following strong quarterly results, but its revenue forecast missed Wall Street estimates.

Nvidia stock edged higher after the AI chip heavyweight announced it would acquire the AI open-weight model hub Hugging Face in a $13 billion deal.

Here are some other notable stocks that Yahoo Finance readers are viewing this morning: Meta ( META ), Campbell's ( CPB ), and Victoria's Secret & Co. ( VSXY ).