Stock Market Today, Aug. 26: Stocks Edge Lower As Market Digests Meta Ruling and Awaits Nvidia's Earnings
Stocks edged lower as markets absorbed a ruling involving Meta and waited for Nvidia’s earnings report. The setup puts near-term attention on Nvidia’s results while Meta faces a separate legal overhang.
The Aug. 26 session was described as modestly weaker, with investors digesting a Meta ruling and positioning ahead of Nvidia's earnings. Meta reported FY2025 revenue of $201.0B, up 22.2% year over year, with a 30.1% net margin and $23.49 diluted EPS. Nvidia reported FY2026 revenue of $215.9B, up 65.5% year over year, alongside a 71.1% gross margin, 55.6% net margin and $4.90 diluted EPS. The next decisive information is Nvidia's earnings report, including revenue, margins and forward guidance. For Meta, the ruling's specific implications and any subsequent legal developments remain key unresolved details.
The setup is mixed for NVDA and META: Nvidia’s strong growth and margins raise the earnings bar, while the unspecified Meta ruling leaves legal downside unresolved.
The immediate trade is event-driven rather than directional: Nvidia’s reported 65.5% year-over-year revenue growth and 55.6% net margin create a strong operating backdrop, but also make the pending earnings release the decisive test. Meta’s $201.0B revenue and 30.1% net margin show substantial scale, yet the supplied story gives no ruling details or quantified financial exposure, leaving its legal risk too poorly specified for a directional read.
A stronger-than-expected Nvidia report or detailed ruling that limits Meta’s exposure would invalidate the cautious setup.
CoverageSource: Yahoo Finance · Published here FRI, AUG 28 · 8:45 AM ET · 7 reports · 4 publishers in this record · latest listed: Investing.com · FRI, AUG 28 · 8:45 AM ET (reaction)How this is decided →
File photo · NVIDIA’s headquarters, Santa Clara · Aug 2018 · Coolcaesar · CC BY-SA 4.0 · Source & license- Investor's Business Daily — Stock Market Today: Dow Slides On Inflation; Nvidia Loses Ahead Of Earnings, Micron Climbs
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Earlier context and later coverage are dated relative to this report. Automatically linked reports may cover a broader event.
Earlier context
- · Bloomberg Television · Automatically linked
Putin Moves to Escalate War in Ukraine, Nvidia Fuels Faith in AI Boom
- · CNBC · Automatically linked
- · Investing.com · Automatically linked
U.S. stock futures fall as investors await PCE inflation, Nvidia results
- · Bloomberg Television · Automatically linked
China Defiant Over Iran Ties; Tech Stocks in Focus Before Nvidia Results
- · Bloomberg Television · Automatically linked
- · Bloomberg Television · Arc starting point
Coverage after this report
- · GlobeNewswire · Automatically linked
NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
- · Yahoo Finance · Automatically linked
- · Yahoo Finance · Automatically linked
- · Bloomberg Television · Automatically linked
An Exclusive Interview with Jensen Huang on Nvidia’s AI Future
- · Yahoo Finance · Automatically linked
- · Yahoo Finance · Automatically linked
Nvidia didn't like Wall Street's estimates. So it tried to reset them.
- · Investing.com · Automatically linked
Nvidia partner Hon Hai’s August sales jump 52% on AI server demand - Bloomberg
- · Bloomberg Television · Automatically linked
- · Yahoo Finance · Automatically linked
- · Yahoo Finance · Automatically linked
Nvidia (NVDA)’s First-Ever Year-Ahead Forecast Puts It on a Path to Pass Apple and Alphabet
- · Yahoo Finance · Automatically linked
TSM’s Record Sales Say AI Chips Are Booming. The Nvidia-AMD Fight Is Now About Who Keeps the Margin
Follow this story to find new evidence in your Following desk.
Price context does not establish that the story caused the move.
Nvidia’s $215.9B revenue, 65.5% year-over-year growth and 55.6% net margin provide a concrete operating foundation for a positive earnings reaction.
The bear case is stronger for Meta than for Nvidia only in headline terms: the ruling's unspecified consequences could add legal risk, though the full financial magnitude remains unclear.
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