0827 | Nvidia Rises on AI Demand Guidance; Salesforce Up 22% on Earnings, Anthropic Partnership

Nvidia's blowout earnings and bullish multi-year guidance added more than $400 billion to its market value, carrying the broader market as the AI trade powered a tech rally. That AI wave spilled into software and cybersecurity, with Salesforce posting its second-best day ever, CrowdStrike hitting a record quarter, and Okta surging on surging demand for AI-driven security tools. Elsewhere, Treasury yields climbed and gold pulled back modestly as markets positioned for Fed Chair Kevin Warsh's firs Timeline: 00:00:00 Opening 00:00:24 Nvidia adds $400 billion after blowout guidance as AI trade carries the tape 00:01:12 AI demand powers software and cybersecurity: Salesforce, CrowdStrike and Okta surge 00:02:18 Jackson Hole eve: Treasury yields climb, gold pulls back after PCE data 00:03:30 Gap jumps 12% as it names a new Old Navy CEO to revive a struggling brand 00:03:52 Dollar stores diverge: Dollar General lifts outlook while Dollar Tree holds steady 00:04:19 Best Buy beats estimates and hikes outlook, yet the stock falls View episode details → https://bri.so/show/episode/01a0453d-30c6-7349-81cc-7d65245e938d This episode is produced by Bri. Bri uses advanced AI technology to turn the feeds you care about into podcasts made for listening. https://bri.so Contact us at [email protected].