Oil Catches Fire, Nvidia pays 13b for Hugging Face

Oil hit $93, Fed rate hike odds swung wildly, and Nvidia bought Hugging Face for $12.9 billion. Three simultaneous shocks heading into September, historically the worst month for equities.This week we break down the oil breakout, the Warsh vs Waller showdown at the Fed, why open-source AI just became a closed shop, and what September seasonal weakness actually means for your portfolio. Plus stock picks, what the market is missing, and our bull vs bear calls for next week.Featuring Mark Gardner, Kai Chen, Finn Judell and Jonathan Tacadena.Key topics: Brent crude breakout, Fed September rate decision, Nvidia-Hugging Face acquisition, September seasonality, Berkshire cash levels, agriculture commodities, Robinhood blockchain, cybersecurity stocks, non-farm payrolls preview.Free portfolio review → mpcmarkets.com.au Stock recommendations → Mosaic (mention the podcast for 3 months free)General advice only. AFSL 296877 via LeMessurier Securities.