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Semiconductor and software stocks rallied behind strong earnings reports from Nvidia and Salesforce.

Guidance upgrades are generally one of the most bullish things to watch for in earnings season, as renewed outlooks can often lead to positive EPS revisions, one of the strongest drivers of a stock's near-term movement.

The reports of software's death are greatly exaggerated.

Salesforce (NYSE:CRM) Deputy CFO and Head of Finance Mike Spencer said the company’s second-quarter performance and updated outlook reflected several quarters of execution against its strategy, including its goal of returning to faster organic growth in the second half of the fiscal year. Speaking

On Aug. 27, 2026, enterprise software and semiconductor stocks surged on blockbuster earnings, offsetting weakness in consumer discretionary and real estate.

Today, Aug. 27, 2026, the cloud software giant's stock jumped 22.6% after record quarterly results and lifted fiscal 2027 outlook, sparking broad enthusiasm across enterprise software peers.

Salesforce’s AI push is finally showing up where investors wanted

Nvidia broke out on earnings but didn't have coattails. Meanwhile several software stocks flashed buy signals on a trio of earnings. Fed chief Kevin Warsh's big speech looms.

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US equity indexes ended higher Thursday after the technology sector saw gains led by Nvidia's (NVDA)

Nvidia’s earnings woke up the Nasdaq Composite on Thursday, but Wall Street isn’t out of the woods yet this week. The Dow Jones Industrial Average rose 105 points, or 0.2%. The S&P 500 was up 0.7%. The Nasdaq Composite was up 1.

Salesforce stock (CRM) surges ahead by over 22% on Thursday since releasing strong second quarter earnings results, coming at a time when AI demand is driving growth within the software sector. Macquarie US head of software and services research Steve Koenig examines what he is seeing from tech investors and how Salesforce performed.

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Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR

Eric Criscuolo, Market Strategist at the NYSE, recaps a week driven by three highly anticipated catalysts — PCE, Nvidia earnings, and Jackson Hole — following a quiet, range-bound start as markets awaited the key events. A breakthrough in Iran-Strait of Hormuz negotiations pulled oil sharply lower mid-week, lifting tech and setting a constructive tone heading into earnings. Nvidia delivered another blowout quarter with 75% revenue growth guidance for fiscal 2028, while Salesforce surged over 20% and helped the broader software group shake off AI disruption fears. Looking ahead, Fed Chair Warsh's Jackson Hole speech and next week's jobs report, ISM data, and earnings from Broadcom, Dell, and Snowflake will set the tone as summer unofficially comes to a close.

The software sector got a lift from Salesforce's earnings report last night, showing that fears of a "SaaS-pocalypse" may have been overblown.

A $2.60 increase in the earnings midpoint looks spectacular, but investment gains and buybacks supplied part of the lift.

Salesforce Stock Explodes Higher After Earnings Beat and AI Growth Surge

AI growth is improving, but one weakness remains

This cloud computing stock is taking an even bigger bite out of the dog days of summer.

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(Updates with latest market prices and developments.) US benchmark equity indexes were higher int

Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF

ServiceNow stock nears a buy point as easing AI disruption fears and AI product sales fuel a sharp rebound from early 2026 plunge.

Salesforce's (CRM) fiscal Q3 results and full-year guidance helped ease investor concerns that AI to

Salesforce's (CRM) views on organic revenue growth reacceleration in the second half of the year may

Enterprise applications are reclaiming value as investors see artificial intelligence supporting incumbents instead of erasing them.

Megacap Tech Stocks Lag Nvidia as AI Money Pours Into Chips and Software

The correlation to the index is high, the five-year record shows wider swings for slightly less return, and neither of those says diversification.