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