Nvidia Salesforce Earnings Lift Nasdaq Rally

Nvidia and Salesforce earnings lifted US tech benchmarks and the Nasdaq on Aug. 27, 2026, after Nvidia’s AI-focused outlook and Salesforce’s expanded Anthropic "Claudeforce" partnership reassured investors about chip demand and enterprise AI momentum.

Nvidia’s Blockbuster Quarter

NVIDIA Corporation (NVDA) reported fiscal second-quarter 2027 revenue of $96.2 billion for the quarter ended July 26, 2026, with GAAP earnings of $2.46 per diluted share and non-GAAP earnings of $2.22 per share. Gross margin was 75.0%, and the company declared a quarterly cash dividend of $0.25 per share payable Oct. 1, 2026, to shareholders of record on Sept. 10, 2026.

The data-center business generated about $89 billion, while edge computing, gaming, and physical AI units contributed roughly $7.2 billion. Operating income reached $63.7 billion and net income $59.7 billion, both more than doubling year over year amid significant margin expansion. Nvidia returned $26 billion to shareholders during the quarter, compared with $10 billion a year earlier.

Secondary reports cited third-quarter fiscal 2027 revenue guidance at either a $108 billion point estimate or a $105.8 billion–$110.1 billion range, both above Wall Street consensus. The guidance reaffirmed strong AI infrastructure demand but noted that memory-component shortages could slow industry growth.

Salesforce Results and Claudeforce Partnership

Salesforce, Inc. (CRM) posted fiscal second-quarter 2027 revenue of $11.35 billion, up 11% year over year, and adjusted earnings of $5.90 per share, more than double the prior year. The quarter included an adjusted investment gain of about $2.53 per share from strategic stakes, including Anthropic. The company raised its full-year revenue outlook to a $46.1 billion–$46.4 billion range and lifted adjusted EPS guidance to $16.67–$16.71 per share, partly reflecting a reduced share count.

Salesforce expanded its strategic partnership with Anthropic under the "Claudeforce" brand, combining Claude’s reasoning with Salesforce data, workflows, business logic, and governance to power agentic experiences—AI agents that act on enterprise systems. The initial product, Salesforce in Claude, is a plugin offering 37 prebuilt sales skills. It is available to select pilot customers now, with an open beta targeted for September 2026 and additional skills planned for late 2026. The initiative was described as “bringing Claude’s intelligence and reasoning together with Salesforce’s trusted enterprise harness.”

Tech Rally and Broader AI Earnings

At the Aug. 27, 2026 close, the Nasdaq Composite led gains, rising about 1.5–1.6%, while the S&P 500 climbed roughly 0.7% and the Dow Jones Industrial Average gained about 0.2–0.3%. The session was characterized as an AI stocks rally driven by chip, software, and cybersecurity names following the Nvidia and Salesforce announcements.

Nvidia shares rose about 7%–9%, while Salesforce stock jumped roughly 20%–23%. Cybersecurity companies CrowdStrike and Okta reported fiscal quarter results that beat expectations and raised guidance, citing AI adoption and the need to address AI-agent threats. CrowdStrike described its quarter as a record tied to rising AI-driven security demand. Marvell Technology, an AI-chip designer, was scheduled to report results after the Aug. 27 close, providing another data point on AI-chip demand.