Nvidia and Salesforce pulled AI back from the brink, and SaaS software is finally breathing again
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Morning brief: Nvidia's AI earnings lit up tech, and then Snap got tangled in the state's safety nets
Nvidia Earnings Surge Lifts Tech Futures: Nvidia's blowout quarterly earnings and strong AI outlook drove tech futures higher premarket, easing broader market bubble fears. Silicon Motion Surges 8.80% on Upgrades: SIMO jumped 8.80% following analyst price target upgrades and ongoing optimism surrounding its doubled quarterly revenue from AI storage demand. Snap Drops 8.45% on State Safety Lawsuit: Snap cratered 8.45% after Pennsylvania sued over Snapchat's compulsive design features, reigniting legal risk concerns around youth safety. Lumentum Jumps 6.04% as AI Optics Rally: LITE gained 6.04% as relentless institutional buying and target hikes sustained its rally following doubled revenue for high-speed optical hardware. Watch Key Tech Earnings After Closing Bell: Traders turn to after-hours earnings from Marvell, Workday, and IREN to test if AI spending momentum holds into Friday.
Nvidia Earnings Surge Lifts Tech Futures
Nvidia's blowout quarterly earnings and strong AI outlook drove tech futures higher premarket, easing broader market bubble fears.
Silicon Motion Surges 8.80% on Upgrades
SIMO jumped 8.80% following analyst price target upgrades and ongoing optimism surrounding its doubled quarterly revenue from AI storage demand.
Snap Drops 8.45% on State Safety Lawsuit
Snap cratered 8.45% after Pennsylvania sued over Snapchat's compulsive design features, reigniting legal risk concerns around youth safety.
Lumentum Jumps 6.04% as AI Optics Rally
LITE gained 6.04% as relentless institutional buying and target hikes sustained its rally following doubled revenue for high-speed optical hardware.
Watch Key Tech Earnings After Closing Bell
Traders turn to after-hours earnings from Marvell, Workday, and IREN to test if AI spending momentum holds into Friday.
Posture: With Fear & Greed at 55 (Greed) and AI earnings momentum intact, we adopt a neutral-optimistic stance awaiting evening tech reports.
Upcoming earnings
Evening brief: Nvidia and Salesforce pulled AI back from the brink, and SaaS software is finally breathing again
AI Rally Resumes as Tech Giants Surge: Blockbuster earnings from Nvidia and Salesforce ignited a broad tech rally, calming fears of an AI growth slowdown across markets. Salesforce Rips 22.6% on Massive Beat: Shares skyrocketed after blowing past Q2 estimates with $5.90 EPS, raising guidance, and announcing an expanded Anthropic AI partnership. Nvidia Jumps 8.7% on Blowout Earnings: The chipmaker surged after Q2 revenue soared 106% to $96.2B and management guided for 70% growth next fiscal year. ServiceNow Soars 10.0% on SaaS Relief: Enterprise software rallied in sympathy with Salesforce as blockbuster AI metrics relieved fears that generative AI would disrupt traditional SaaS. Broadcom Earnings Up Next for AI Chips: With Fear & Greed at 58, traders now pivot to Broadcom's September 2 earnings report to confirm momentum across custom AI silicon.
AI Rally Resumes as Tech Giants Surge
Blockbuster earnings from Nvidia and Salesforce ignited a broad tech rally, calming fears of an AI growth slowdown across markets.
Salesforce Rips 22.6% on Massive Beat
Shares skyrocketed after blowing past Q2 estimates with $5.90 EPS, raising guidance, and announcing an expanded Anthropic AI partnership.
Nvidia Jumps 8.7% on Blowout Earnings
The chipmaker surged after Q2 revenue soared 106% to $96.2B and management guided for 70% growth next fiscal year.
ServiceNow Soars 10.0% on SaaS Relief
Enterprise software rallied in sympathy with Salesforce as blockbuster AI metrics relieved fears that generative AI would disrupt traditional SaaS.
Broadcom Earnings Up Next for AI Chips
With Fear & Greed at 58, traders now pivot to Broadcom's September 2 earnings report to confirm momentum across custom AI silicon.
Posture: Maintaining a moderately aggressive stance in Greed (58) as blowout AI tech earnings validate broader enterprise software momentum.
Tickers in focus: NVDA, CRM, NOW
Upcoming earnings
The day's moves on the ledger
Every entry below is public and permanent. "Human call" means the desk decided; "Robot call" means the nightly model did.
- Aug 27, 2026 · LLY — Stage change Buy Zone → Take Profit @ $1,176 · Human call
Overriding the robot again: it added Lilly 3% below our value and called it a buy — its own reason admits the upside is nearly gone. Quality name, finished trade. Flagged to book; GLP-1 can earn a re-entry at a real discount. - Aug 27, 2026 · LLY — Stage change — → Buy Zone @ $1,176 · Robot call
Added 25h ago on GLP-1 dominance; holding strong as upside approaches fair value.
← Wednesday, August 26, 2026 · Friday, August 28, 2026 → · Archive