Nvidia and Salesforce surged 8% and 22%, respectively, after Wednesday earnings reports dismantled persistent Wall Street bear cases, while CrowdStrike jumped 20.5% on its own strong results and broader tech indexes climbed to multi-week highs.
Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.9 billion, according to The Information, a deal that would extend the chipmaker's presence from hardware deep into the software and model-sharing ecosystem.
NASA Administrator Jared Isaacman proposed relocating data centers to Earth orbit to tap solar energy in space, as Republican skepticism about the facilities' domestic footprint forces President Trump to balance industry support with his party's growing pushback.
Nvidia's CFO guided for 70% revenue growth in fiscal 2028 — well above the 44% Wall Street consensus — which would put projected sales at roughly $673 billion and place the chipmaker ahead of Apple and Alphabet among U.S. tech companies by revenue.
Okta reported fiscal Q2 adjusted EPS of $1.05 and revenue of $805 million, both topping Wall Street estimates, as demand for identity security tools accelerated alongside the growth of agentic AI. Shares rose 20% in after-hours trading.
Salesforce posted fiscal Q2 revenue of $11.35 billion and net income up 87% year over year, fueled by a $2.6 billion gain on its Anthropic stake. Agentforce AI annualized revenue surpassed $1.5 billion, rising 240% from a year ago.
The Justice Department seized two hacking platforms tied to Chinese state-linked firm Nanjing Xinjiuwei Network Technology Co., disrupting an operation that targeted U.S. agencies including NASA, the Federal Reserve, and the Senate.
Nvidia and Salesforce surged 8% and 22%, respectively, after Wednesday earnings reports dismantled persistent Wall Street bear cases, while CrowdStrike jumped 20.5% on its own strong results and broader tech indexes climbed to multi-week highs.
Nvidia's CFO guided for 70% revenue growth in fiscal 2028 — well above the 44% Wall Street consensus — which would put projected sales at roughly $673 billion and place the chipmaker ahead of Apple and Alphabet among U.S. tech companies by revenue.
Salesforce posted fiscal Q2 revenue of $11.35 billion and net income up 87% year over year, fueled by a $2.6 billion gain on its Anthropic stake. Agentforce AI annualized revenue surpassed $1.5 billion, rising 240% from a year ago.
Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.9 billion, according to The Information, a deal that would extend the chipmaker's presence from hardware deep into the software and model-sharing ecosystem.
Waymo announced plans Tuesday to launch driverless rides in Munich, Germany, by the end of 2027, making the Alphabet-owned robotaxi company's first entry into a European Union market as it continues expanding beyond its U.S. operations.
John Ternus becomes Apple's chief executive on September 1, inheriting a company worth more than $5 trillion and facing unresolved questions on artificial intelligence investment, product strategy, and supply chain costs.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.