Campbell’s said fourth-quarter net sales fell more than expected and it issued a weaker-than-expected outlook for annual profit and sales. The company cut its quarterly dividend by more than a third to prioritize debt reduction and is targeting about $500 million in cost savings by fiscal 2030 after closing some plants and reducing headcount. With lower-income shoppers shifting to cheaper brands and store labels, Campbell’s has implemented average price increases of 4% to 5% across roughly 60% of its portfolio.

Nvidia will acquire AI platform Hugging Face for $12.93 billion, bringing under its control a hub that hosts more than 3 million models and roughly 500,000 datasets. Hugging Face has more than 18 million users and 200,000 company customers. Broadcom also reported that its AI-chip revenue rose 221% year over year. Separately, China’s Moonshot AI is preparing for a Hong Kong IPO at a valuation near $50 billion, according to reports.

BMI raised its 2026 average coffee price forecast to 307 cents a pound, citing a strengthening El Nino and historically thin inventories. It expects global coffee production to rise 6% to 188.9 million bags in 2026-27, led by Brazil, where output is seen up 14.1% to 71.9 million bags, while Vietnam is forecast to edge up to 31.9 million bags. BMI sees Brazil’s 2027-28 crop slipping 5.1% to 68 million bags, narrowing the global surplus from 14.4 million bags to 9.2 million bags and keeping prices supported.

Broadcom reported record fiscal Q3 results, including 86% year-over-year revenue growth and 221% growth in AI semiconductor sales. Operating income rose 92% and margins were 68%. Management guided fiscal Q4 AI revenue to $21.7B and projected $115B in FY27, with FY28 expected to double to $230B. The stock’s valuation implies a 18.9x FY27 P/E and a PEG of 0.67.

CoreWeave’s adjusted operating profit margin jumped from 1% to 5% in the second quarter, signaling a sharp improvement in profitability. Company guidance indicates the fourth quarter is expected to generate 60% of full-year adjusted operating income. Its weighted-average cost of debt fell by 300 basis points despite a hawkish Federal Reserve backdrop, pointing to easier financing conditions.

Privacy-focused infrastructure project Beldex has raised $8 million in a strategic round led by Sigma Capital and reported a series of ecosystem updates. Beldex Bridge has connected with BNB Smart Chain, while BelNet v1.4.1 improves Android performance and connectivity. The project is also advancing VRF-based PoS research ahead of its next hard fork, and recent snapshots show more than 3,300 masternodes. BDX and BDX-BSC are now available on SWFT Wallet and OmniBridge.

A wave of product launches and upgrades hit the Ethereum ecosystem in August. GnosisDAO approved a vote to move Gnosis Chain from its own L1 to a ZK-proven Ethereum L2 rollup with synchronous composability. BlackRock launched its BlackRock Select Treasury Based Liquidity Fund (BSTBL) with a tokenized share class on Ethereum mainnet and began tokenizing share classes of its $311B European money market fund series on Ethereum. Uniswap, Morpho, Aave v4 and PropAMM infrastructure also reported fresh activity and deposit milestones across Ethereum and L2 networks.

Eldorado Gold’s McIlvenna Bay zinc-copper mine in Saskatchewan, Canada, is nearing production after a total investment of $952 million, including $217 million from the federal government. Ottawa designated the project as in the national interest to speed up approvals. The mine is expected to operate for 18 years and average annual output of 54 million pounds of zinc and 41 million pounds of copper, along with gold and silver. Zinc has climbed to a multi-year high above $4,000 per tonne, driven by multiple factors.