Nvidia, Salesforce, Okta shares rise on strong Q2 earnings

0 min read | Published on 27 Aug 2026, 05:05 PM |Updated on 27 Aug 2026, 05:05 PM

Reviewed by

Ritika DScanX News Team

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Key Highlights

Nvidia shares rose 4.7% after hours, lifting Dow futures 180 points
Salesforce beat Q2 estimates and raised FY27 guidance
Okta reported better-than-expected Q2 results and raised FY27 guidance
Jensen Huang emphasized compute as a key revenue driver for Nvidia

*this image is generated using AI for illustrative purposes only.

Shares of Nvidia, Salesforce, and Okta traded higher following the release of second-quarter financial results that exceeded market expectations.

Nvidia Corporation (NASDAQ: NVDA) saw its stock pop 4.7% in after-hours trading. The move lifted Dow Jones Industrial Average futures by 180 points. CEO Jensen Huang stated that "compute is revenue," highlighting the company's strategic focus on computing infrastructure as a primary revenue driver.

Salesforce Inc (NYSE: CRM) reported better-than-expected Q2 financial results. The company issued third-quarter guidance above analyst estimates and raised its full-year FY27 guidance. This upward revision signals confidence in sustained demand for its cloud-based enterprise solutions.

Okta Inc (NASDAQ: OKTA) also delivered a strong quarter, with shares trading higher after reporting better-than-expected Q2 results. Similar to Salesforce, Okta issued Q3 sales guidance above estimates and raised its FY27 guidance above prior expectations.

What the Numbers Show

The simultaneous upgrade in forward guidance by both Salesforce and Okta for FY27 suggests a broader positive sentiment in the enterprise software sector. Both companies are projecting stronger future performance than previously anticipated, driven by current quarter outperformance.

Will Nvidia's assertion that 'compute is revenue' signal a shift in investor preference toward infrastructure providers over application-layer AI companies?

How might the simultaneous upward guidance revisions by Salesforce and Okta impact valuations for other mid-cap enterprise software stocks in the coming quarter?

Could the strong Q2 results and raised FY27 guidance indicate that enterprise spending on cloud and security solutions is resilient despite broader macroeconomic uncertainties?

Nvidia CEO says frontier AI labs will be customers for long time

0 min read | Published on 27 Aug 2026, 03:24 AM |Updated on 27 Aug 2026, 03:24 AM

Reviewed by

Suketu GScanX News Team

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Key Highlights

Nvidia CEO affirms frontier AI labs will remain customers long-term
Comment addresses market shift toward custom chip development
Statement made during a conference call to reassure investors
No financial data or specific deal terms were disclosed

*this image is generated using AI for illustrative purposes only.

Nvidia Corp’s chief executive officer stated that frontier AI labs will continue to be customers for a very long time, despite the industry's movement toward custom chips.

The remark was made during a conference call, addressing investor queries regarding the sustainability of demand for Nvidia’s standard silicon in an era where large technology firms are increasingly designing their own accelerators.

Market Context

The CEO’s comments aim to reassure stakeholders that the shift toward custom hardware does not immediately displace Nvidia’s core revenue streams from leading AI developers. The statement underscores the enduring reliance of these labs on Nvidia’s ecosystem and compute capabilities.

No specific financial figures, order values, or timeline details were disclosed in the provided source material.

How might Nvidia's software ecosystem, particularly CUDA, serve as a moat to retain frontier AI labs despite the rise of custom silicon?

What specific performance or cost thresholds would need to be met for custom chips to significantly erode Nvidia's market share in the next 12 to 24 months?

Could Nvidia pivot its business model to offer design services or licensing for custom accelerators to complement its standard silicon sales?