How much did Nvidia's revenue grow year-over-year?

Nvidia's revenue rose 106% year-over-year to $96.2 billion.

What was Salesforce's earnings surprise?

Salesforce reported adjusted earnings of $5.90 per share, beating the $3.27 consensus.

Why did Okta's stock rally?

Okta jumped after second-quarter earnings and revenue beat estimates and full-year guidance was strong.

AI Stocks & MarketsAI Business & IndustryYahoo Finance AIAug 28, 2026Aug 29, 2026, 04:00 JST

Nvidia sales surge 106%, stocks of the week

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3 Key Points

What happened
Nvidia reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year. Third-quarter revenue guidance of $108 billion, plus or minus 2%, beat the $104.2 billion analysts expected.
Why it matters
The strong results lifted Nvidia shares 8.7% on Thursday, though they gave back 3.7% on Friday, leaving the stock broadly flat for the week. Salesforce surged 22.6% on Thursday after beating earnings estimates, while Okta and CrowdStrike also rallied.
What to watch
Salesforce is on track for a weekly gain of more than 27%, with adjusted earnings of $5.90 per share versus the $3.27 consensus. Okta jumped 28.6% on Thursday after its results, and BMO Capital raised its price target to $187 from $168.

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Context & Analysis

The week's results show a split in the software and AI sectors. Nvidia's growth continues to be staggering, with revenue up 106% and guidance that cleared expectations. Analysts remain bullish, with Barclays highlighting the top-line forecast and Morgan Stanley calling Nvidia a Top Pick. Salesforce's strong quarter challenges the idea that AI will displace CRM platforms, as Bank of America notes the debate is shifting to monetization. Cybersecurity stocks like Okta and CrowdStrike also delivered, with Okta's beat and accelerating growth pointing to potential in fiscal 2028. However, PayPal's decline was not detailed, but it serves as a reminder that not all tech stocks are benefiting equally.

FAQ

How much did Nvidia's revenue grow year-over-year?: Nvidia's revenue rose 106% year-over-year to $96.2 billion.
What was Salesforce's earnings surprise?: Salesforce reported adjusted earnings of $5.90 per share, beating the $3.27 consensus.
Why did Okta's stock rally?: Okta jumped after second-quarter earnings and revenue beat estimates and full-year guidance was strong.

Yahoo Finance AIRead Original Article

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