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№240 | Friday, August 28, 2026 | 06:30 AM ET
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Independent reporting on tech & markets
TechEchelon
● The Brief
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Good morning. Five stories, before the opening bell. Written for readers who already know the basics.
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№01 · BUSINESS & FINANCE
Nvidia and Salesforce Surge as Strong Earnings Upend Two Major Bear Cases
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.
Sara Montes de Oca ·
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№02 · ARTIFICIAL INTELLIGENCE
Nvidia Agrees to Acquire Hugging Face for $12.9 Billion, Deepening Its Open-Source AI Foothold
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.
Marc Sabatini ·
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№03 · POLITICS
NASA Administrator Proposes Moving Data Centers Into Earth Orbit
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.
Marc Sabatini ·
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№04 · BUSINESS & FINANCE
Nvidia Forecasts 70% Revenue Growth in Fiscal 2028, Putting It on Track to Surpass Apple and Alphabet
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.
TechEchelon Staff ·
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№05 · CYBERSECURITY
Okta Shares Surge 20% After Beating Estimates as Agentic AI Drives Identity Security Demand
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.
TechEchelon Staff ·
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