Stock Market Today: Nasdaq, S&P 500 Futures Surge After Blockbuster Nvidia Earnings Report; Salesforce, CrowdStrike Also Power Tech Gains
Nvidia’s blockbuster earnings report sent Nasdaq and S&P 500 futures sharply higher, with Salesforce and CrowdStrike adding to the technology rally. The setup shifts attention to whether Nvidia’s $215.9B revenue base and 65.5% year-over-year growth can keep carrying broader tech sentiment.
Nasdaq and S&P 500 futures surged in premarket trading following Nvidia's blockbuster earnings report, while Salesforce and CrowdStrike also contributed to technology sector gains.
Nvidia reported $215.9B of revenue for the fiscal year ended 2026-01-25, up 65.5% year over year, with a 71.1% gross margin, a 55.6% net margin and $4.90 in diluted EPS. Those figures establish a substantial and highly profitable base behind the earnings momentum.
Salesforce reported $41.5B of revenue for the fiscal year ended 2026-01-31, up 9.6% year over year, alongside a 77.7% gross margin, an 18.0% net margin and $7.80 in diluted EPS. CrowdStrike is named among the technology-sector gainers.
The main uncertainty is the absence of detailed figures, guidance and management commentary from Nvidia's earnings report. It is also unclear how much of the futures move reflects Nvidia's results, how much reflects positioning, and whether Salesforce and CrowdStrike reported separate developments. The market reaction appears positive, but its durability and breadth remain to be seen.
The next useful evidence will be Nvidia's full release and management commentary, followed by the company's next reported results. For Salesforce, the $41.5B revenue base and 9.6% growth rate provide reference points for assessing whether the broader technology rally is being confirmed by software fundamentals.
The earnings reaction is clearly supportive for NVDA, while CRM and CRWD are beneficiaries of the broader tech bid without company-specific evidence in the supplied report.
The immediate consequence is a stronger technology-sector tape led by Nvidia, whose filed figures show $215.9B of revenue, 65.5% year-over-year growth and a 55.6% net margin. The read remains a vote rather than a single-name conviction trade because the supplied report omits the latest quarter’s figures, guidance, consensus comparison and a dated next catalyst.
The rally can fade if the full Nvidia release or guidance fails to validate the headline reaction, or if the move proves concentrated in Nvidia rather than extending to Salesforce and CrowdStrike fundamentals.
CoverageSource: Yahoo Finance · Published here SAT, AUG 29 · 1:45 AM ET · 18 reports · 12 publishers in this record · latest listed: Yahoo Finance · SAT, AUG 29 · 1:45 AM ETHow this is decided →
File photo · NVIDIA’s headquarters, Santa Clara · Aug 2018 · Coolcaesar · CC BY-SA 4.0 · Source & license- Yahoo Finance — Dow Jones Futures: Techs Set To Run? Nvidia, CrowdStrike, Okta, Salesforce Jump On Earnings
- Yahoo Finance — Stock Market Today: Tech Futures Rally As Nvidia, Salesforce, CrowdStrike Surge On Earnings News (Live Coverage)
- ZeroHedge — Futures Jump After Nvidia's Unprecedented 2028 Guidance Stuns Markets
- Yahoo Finance — Nasdaq leads Wall St after Nvidia quells AI fears
- Yahoo Finance — Stock market today: S&P 500, Nasdaq rise as Nvidia, Salesforce earnings boost tech
- Bloomberg.com — US Stock Futures Climb as Nvidia’s Outlook Lifts Tech Sector
- Yahoo Finance — S&P 500, Dow, Nasdaq Futures Track Nvidia Stock Higher Over Strong FY28 Revenue Outlook — NVDA, CRM, META, CRWD, OKTA In Focus
- Investing.com — Nasdaq jumps more than 1% after bumper Nvidia earnings soothe AI jitters
- The Motley Fool — Stock Market Today, Aug. 27: Nvidia Surges on Blowout Results and Surprising Guidance
- Reuters — Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Bloomberg Television — Nvidia's Cracking Outlook Fuels AI Optimism: Market Snapshot
- Investing.com Australia — S&P 500, Nasdaq open higher after bumper Nvidia earnings soothe AI jitters
- Investing.com South Africa — S&P 500, Nasdaq open higher after bumper Nvidia earnings soothe AI jitters By Investing.com
- Yahoo Finance — Nasdaq Futures Rally on Blowout Nvidia Earnings, Fed’s Jackson Hole Summit in Focus
- Investing.com India — Nasdaq ends more than 1.5% higher as tech soars on Nvidia’s blockbuster earnings
- Axios — What we learned from Nvidia's big day
- Yahoo Finance — Nvidia’s (NVDA) Earnings Shock Reignites Faith In The AI Boom
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
China Defiant Over Iran Ties; Tech Stocks in Focus Before Nvidia Results
Coverage after this report
- · The Motley Fool · Automatically linked
Stock Market Today, Aug. 27: Salesforce Surges 23% on Anthropic Partnership and Q2 Earnings Beat
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 base, 65.5% year-over-year growth and 55.6% net margin provide concrete evidence of unusually strong operating momentum behind the positive futures reaction.
The opposing case is that the evidence is incomplete: the supplied report gives no latest-quarter figures or guidance, while Salesforce’s 9.6% revenue growth and CrowdStrike’s lack of supplied operating data do not independently establish a broad tech earnings reacceleration.
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