Dow Jones Top Company Headlines at 5 AM ET: Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter | AI ...
Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter
Shares rallied as the chip giant forecast 70% revenue growth next year and defended its financial support of AI companies.
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AI Startup DeepSeek Poised to Reach $74 Billion Valuation
The Hangzhou-based company is seeking to raise funding to bankroll research and development, and its expansion into computing infrastructure.
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Thinking Machines Lab Co-Founder Barret Zoph Joins Google
After a short stint at OpenAI, Zoph will become a vice president of research at Google, which has recently lost a string of high-profile researchers.
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Salesforce Profit, Revenue Rise, Expands Partnership with Anthropic's Claude
The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a boost in organic growth as well as acquisitions it expects to close this quarter.
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New Teen Safety Measures for Instagram and Facebook Are Coming. Will They Work?
As part of its $18 billion settlement with 48 states, Meta agreed to add these restrictions to youth accounts within six months.
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Qantas Profit Falls as Fuel Costs Surge on Iran Conflict
Australia's largest airline warned that the financial hit of elevated fuel prices will extend into its current fiscal year.
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HP Revenue Rises as Higher Prices Offset Fewer PC Sales
The printer and computer maker reported higher revenue in the third quarter, but logged lower sales volumes in its personal-computers business.
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CrowdStrike's stock soars after AI fuels the cybersecurity company's 'best quarter in history'
Shares of CrowdStrike Holdings were roaring after the cybersecurity company revealed a record-breaking quarter, one partially boosted by fears about the power of artificial intelligence.
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OpenAI Explains How Hugging Face 'Incident' Happened
The AI lab said its models are now powerful, persistent, and collaborative enough that without safeguards, they can find and exploit security weaknesses.
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The Latest Viral AI Assistant Rocketing Across Silicon Valley
The buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raised privacy concerns.
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Okta Lifts Full-Year Outlook as AI Agents Spur Demand
The identity management and security company now expects full-year revenue of $3.22 billion to $3.23 billion, up from its prior view of $3.19 billion and $3.21 billion.
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Best Buy Earnings Loom Following the Stock's Big Run
Best Buy had a strong first quarter, and second-quarter earnings will have a tough act to follow in the face of persistent inflation.
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Urban Outfitters Sales Rise as Free People Strength Continues
The apparel retailer's sales rose 10% to $1.66 billion in the second quarter.
(END) Dow Jones Newswires
August 27, 2026 05:15 ET (09:15 GMT)
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