Technology -

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5 things to know before the stock market opens Thursday

TazaPulseAugust 27, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. As we remember Dolly Parton’s legacy, I’ve particularly enjoyed learning more about her Imagination Library in Cincinnati. Nasdaq-100 futures are higher this morning. The market is coming off a muted day. Here are five key things investors need to know...

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Cramer calls Meta settlement a ‘big break,’ says stock reaction is ‘ridiculous’

TazaPulseAugust 27, 2026

Meta Platforms’ $18 billion settlement of youth social media addiction claims with attorneys general from across the United States is a “big win” for the company, Jim Cramer said. He added, however, that the benefits of Wednesday’s agreement to Meta were not being properly reflected in the stock. “Somehow the narrative has turned to say...

Technology

CrowdStrike (CRWD) earnings Q2 2027

TazaPulseAugust 27, 2026

George Kurtz, CEO and founder of CrowdStrike, speaks to the Economic Club of New York in New York City, U.S., Oct. 23, 2025. Brendan McDermid | Reuters CrowdStrike popped more than 11% in extended trading after the cybersecurity company topped Wall Street’s fiscal second-quarter estimates and boosted guidance as artificial intelligence threats mount. Earnings per...

Jensen Huang defends Nvidia’s growing financial support for AI ecosystem, says ‘the risk is low’

TazaPulseAugust 27, 2026

Nvidia CEO Jensen Huang on Wednesday defended the chipmaker’s growing role in financing the artificial intelligence boom, pushing back on criticism that the company’s financial support for other AI companies is meant to inflate its top-line growth. “I think they’re missing a very big point,” Huang said on CNBC’s “Mad Money,” shortly after the company...

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Nvidia wows Wall Street with a strong quarter, eye-popping sales forecast

TazaPulseAugust 27, 2026

Nvidia CEO Jensen Huang did it again. The AI chip powerhouse delivered better-than-expected quarterly revenue and earnings that more than doubled the year-ago period. Business is so strong that management felt comfortable enough to provide a financial outlook further into the future than ever before. Revenue in the company’s fiscal 2027 second quarter increased 106%...

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Nvidia’s 70% sales growth projection for 2028 wows analysts on earnings call

TazaPulseAugust 27, 2026

Nvidia reported another blowout quarter on Wednesday, delivering a beat on topline metrics that was strong enough to send the stock up 4% in extended trading. Analysts on the earnings call couldn’t get over the 70% growth projection for 2028 revenue delivered by the California-based chipmaker, especially since CFO Colette Kress qualified it as a...

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Salesforce CEO Marc Benioff says the ‘SaaSpocalypse’ is nonsense. Here’s why

TazaPulseAugust 27, 2026

Salesforce CEO Marc Benioff said Wednesday it’s time to put fears of a “SaaSpocalypse” to rest after the company’s latest earnings report. “This SaaSpocalypse narrative has been such nonsense,” Benioff told Jim Cramer on CNBC’s “Mad Money.” “Frontier models depend on CRM. They don’t replace it.” Salesforce shares surged more than 12% after the enterprise...

Technology

Okta (OKTA) earnings Q2 2027

TazaPulseAugust 27, 2026

Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images Okta shares surged 20% in extended trading after the identity software provider surpassed Wall Street’s fiscal second-quarter estimates. Here’s how the company did compared to LSEG...

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Salesforce, Anthropic expand partnership amid ‘SaaSpocalypse’ concerns

TazaPulseAugust 27, 2026

Salesforce and Anthropic on Wednesday expanded their strategic partnership and unveiled “Claudeforce,” a new way for salespeople to access critical data directly from inside Anthropic’s Claude chatbot. Claudeforce is launching as a plugin with 37 pre-built sales skills that will allow Claude users to compose emails, update records and take other relevant actions, according to...

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OpenAI releases sweeping report on Hugging Face AI agent hack

TazaPulseAugust 27, 2026

Sam Altman, CEO and co-founder of OpenAI, speaks to members of the media on the Senate Subway while heading to a meeting at the U.S. Capitol in Washington, July 29, 2026. Al Drago | Bloomberg | Getty Images OpenAI published a technical report on Wednesday detailing how its artificial intelligence models successfully breached Hugging Face...