Today’s Top Stories: Nvidia, Salesforce, CrowdStrike and Okta Lead AI-Driven Stock Rally

NewsThu, 27 Aug 2026 15:50:27 UTC3 hours ago

TLDR

  • Nvidia jumped ~7% after reporting $96.2 billion in quarterly revenue and a strong outlook
  • Salesforce surged ~20% on strong AI product demand and a new Anthropic partnership
  • CrowdStrike hit a record quarter with $1.47 billion in revenue and raised its full-year outlook
  • Okta climbed ~25% after raising its outlook on growing AI agent security demand
  • Chip stocks including Intel, Micron and Broadcom rallied following Nvidia’s results

Nvidia Posts Blockbuster Quarter as AI Spending Holds Strong

Nvidia jumped roughly 7% after reporting quarterly revenue of $96.2 billion, beating Wall Street expectations. Adjusted earnings came in at $2.22 per share, also ahead of forecasts.

The company issued a strong outlook, signaling that hyperscalers and tech firms are still spending heavily on AI infrastructure. Nvidia is one of the largest weights in the S&P 500, so its performance can move the broader market.

Investors will now watch demand for Nvidia’s latest systems, gross margins, and how fast next-generation products scale.

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