Bloomberg's Caroline Hyde and Ed Ludlow break down Snap's earnings sending shares plunging by the most in a year. Plus, Tesla staff are bracing for layoffs as managers are asked binary questions on whether their employees' roles are critical.

AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face
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Nvidia Nears $14B Hugging Face Deal
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Anthropic’s Compute Bet, Musk on AI, Apple’s New CEO
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