Nvidia and Salesforce Earnings Drive Wall Street Gains

Technology stocks drove gains across Wall Street on August 27, 2026, following strong quarterly reports from AI-focused companies. Nvidia shares rose between 6% and 8.9% after the chip manufacturer reported profits and revenue that beat analyst expectations and provided optimistic growth forecasts.

Salesforce saw more significant gains, with shares jumping between 14% and 22.6%. The software company reported one of its best quarters in history and announced an expanded partnership with Anthropic's Claude chatbot. While the S&P 500, Dow Jones Industrial Average, and Nasdaq composite trended upward, other sectors remained mixed. HP and Best Buy shares fell despite beating profit expectations, as investors expressed concern over inflation-strained consumers and PC sales.

In the bond market, 10-year Treasury yields remained steady between 4.66% and 4.68%. Investors are now awaiting a speech from Federal Reserve Chairman Kevin Warsh for guidance on interest rates used to combat inflation.