Tech stocks today: Tech stocks gain after Nvidia tops Q2 expectations

LIVE Tech stocks today: Tech stocks gain after Nvidia tops Q2 expectations Daniel Howley · Technology Editor Updated Thu, August 27, 2026 at 4:04 PM GMT+2 1 min read META NVDA INTC SKHY Nvidia ( NVDA ) stock gained over 6% in early trading following its Q2 earnings on Wednesday, beating Wall Street's expectations on the top and bottom lines and providing a better-than-expected outlook for the third quarter. For Q2, Nvidia reported adjusted earnings per share (EPS) of $2. 22 on revenue of $96.

2 billion, better than the EPS of $2. 09 and revenue of $92. 3 billion that Wall Street was anticipating.

The company also says it is projecting Q3 revenue of between $105. 8 billion and $110. 1 billion.

Wall Street was calling for $1. 51 billion. Nvidia's ( NVDA ) bullish outlook sparked a rally in tech stocks, offsetting weakness elsewhere.

Semiconductor stocks like Intel ( INTC ) and SK Hynix ( SKHY ) also rose. LIVE 23 updates Today at 3:58 PM UTC Bex Evans Nvidia posted a blowout quarter. China remains a quagmire.

Yahoo Finance’s Jake Conley reports: Nvidia ( NVDA ) painted a bullish picture for investors when it reported its earnings after the bell on Wednesday, raising its guidance for the third quarter and beating analyst estimates across the board on revenue, earnings per share, and a host of other metrics. Missing from that forward guidance , however, were sales projections into the world's second-largest economy — China, where Nvidia's ability to sell its chips has been snarled by state politics and national security concerns. "Given ongoing geopolitical uncertainty, there is no China data center compute revenue in our forward outlook," Nvidia finance chief Collette Kress said during the company's earnings call on Wednesday.

That potential sales to Chinese buyers were left out of forward guidance from Nvidia gets at how complex the picture has become for one of the world's most valuable companies in its dealings with the US's largest AI competitor. Read more. Today at 3:58 PM UTC Bex Evans Nvidia dismisses 'circular financing' worries as its financial support becomes central to the AI ecosystem Yahoo Finance's Hamza Shaban writes: A key question from critics of Nvidia concerns the demand for AI components, tools, and infrastructure: Would the growth around AI and the confident projections of future success be attainable without Nvidia's heavy hand ?

CFO Colette Kress addressed the criticism head-on during the company's Q2 earnings call on Wednesday. "We know some will call this circular financing. We see it differently.

We are going through a major computing platform shift, the creation of one of the most important technologies in human history, and these are once-in-a-generation companies. Their technology leadership is proven, and their customer traction and usage are skyrocketing. " From Nvidia's perspective, the success of AI labs is independent of its partnerships.

But why miss out on opportunities for more growth , greater revenue diversity, and the encouragement of other firms and would-be customers to put skin in the game? And after all, Nvidia expects some of the frontier AI labs it's doing business with to become the largest tech companies in history (apologies to the Magnificent Seven). But what's the difference between Nvidia's vision of a thriving AI ecosystem ( with it at the financial and technological center ) and a bullheaded belief that Nvidia is building a business environment that can't fail?

Read more. Today at 3:15 PM UTC Pras Subramanian Nvidia's relationship with SpaceX is deepening Nvidia ( NVDA ) reported blowout fiscal Q2 results , but under the surface was the budding growth it's having with a major partner: SpaceX ( SPCX ). Nvidia posted revenue of $96.

2 billion , up 106% year over year, with Data Center sales of $89. 0 billion, up 117%, but the SpaceX angle is tied to guidance and the buildout, plans rather than the reported numbers. FILE - Elon Musk departs after a welcome ceremony with President Donald Trump and China's President Xi Jinping at the Great Hall of the People, May 14, 2026, in Beijing.

(AP Photo/Mark Schiefelbein, File) · AP Photo/Mark Schiefelbein CFO Colette Kress told analysts that Nvidia's next-generation Vera CPU is already shipping to its earliest customers, with SpaceX's AI unit among the first. "We expect Vera to be deployed by every major hyperscaler, neocloud, AI lab, and system OEM, with shipments already underway to our lead partners, including OCI [Oracle], SpaceXAI, and starting this quarter, AWS [Amazon]," Kress said during the earnings conference call. Read more .

Today at 3:10 PM UTC Brian Sozzi Why Nvidia probably just lit a new fire under these once-hot trades The red-hot memory chip rally may be back on thanks to Nvidia ( NVDA ). "So the price increases [on memory chips] are astronomical. In some cases, you have secured, we call it capacity, but you actually don't know how many you're getting, and at what price," Nvidia CFO Colette Kress told Yahoo Finance moments after the tech giant's earnings call on Wednesday.

FILE PHOTO: The NVIDIA logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo · Reuters / REUTERS The memory chip market has tightened considerably as demand for high-bandwidth memory (HBM) and advanced dynamic random-access memory (DRAM) used in AI servers continues to outpace supply. Read more .

Wed, August 26, 2026 at 8:32 PM UTC Daniel Howley Nvidia tops Q2 expectations, offers strong outlook, but stock falls Nvidia CEO Jensen Huang speaks during a doorstep after attending the AI Ecosystem Reception in Tokyo, Japan, July 16, 2026. REUTERS/Manami Yamada · REUTERS / REUTERS Nvidia ( NVDA ) reported its Q2 earnings on Wednesday, beating Wall Street's expectations on the top and bottom lines and providing a better-than-expected outlook for the third quarter. For Q2, Nvidia saw adjusted earnings per share (EPS) of $2.

22 on revenue of $96. 2 billion, which is better than the EPS of $2. 09 and revenue of $92.

3 billion that Wall Street was anticipating. The company also says it is projecting Q3 revenue of between $105. 8 billion and $110.

1 billion. Wall Street was calling for $1. 5.

1 billion. Despite the beat and raise, Nvidia stock fell more than 2% following the news. Read more .

Wed, August 26, 2026 at 5:19 PM UTC Hamza Shaban Meta's settlement is a challenge to TikTok and YouTube Meta ( META ) agreed to settle a social media addiction case with a group of state attorneys general on Wednesday, marking a historic moment in the broader backlash against the rise and ubiquity of social media platforms. Meta denied wrongdoing but is on the hook for $17 billion.   The agreement also has explicit provisions to encourage other social media companies to adopt the limits that Meta has agreed to.

Participating states, for instance, will receive about 70% of the allocated payment over a decade. But the remaining 30% will be released only after two specific conditions are met. The first is that YouTube and TikTok implement a 1-hour daily limit, a restricted night mode, and age-verification measures.

And the second is that each of the companies pays about $5. 3 billion to fund youth online safety initiatives. If YouTube and TikTok pay up, so will Meta.

En esta imagen ilustrativa tomada el 9 de diciembre de 2025, se muestran las aplicaciones de Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch y Reddit en un teléfono móvil antes de la entrada en vigor de la nueva ley que prohíbe las redes sociales a los usuarios menores de 16 años en Australia. REUTERS/Hollie Adams/Illustration · Reuters / REUTERS Several safety measures will also be strengthened should YouTube and TikTok sign on.   The incentive structure works like this: Meta pays into a pot that its rivals must also contribute to.

And while its engagement figures for young people will likely fall, it won't be at a relative disadvantage if those measures are adopted by its largest rivals. Read more . Wed, August 26, 2026 at 5:05 PM UTC Grace O'Donnell Meta settlement 'removes significant legal overhang,' analyst says After bouncing between gains and losses in early trading, Meta ( META ) stock is now firmly in the green as investors viewed a landmark social media addiction settlement as lifting one major legal headwind.

Year to date, Meta’s stock is down nearly 13% as the company has battled legal risks and concerns about its massive capital expenditures. “While the financial impact is material, the resolution removes significant legal overhang, including a more damaging jury verdict (four states sought up to $1. 4T), and provides regulatory clarity for META's core platforms,” CFRA research analyst Angelo Zino wrote in a note following the settlement.

That said, Zino noted, the platform changes required by the agreement are likely to affect how engaged young users are on Meta’s platforms. “META will implement daily usage limits for teens, nighttime notification blocks (10pm-7am), enhanced age-assurance measures, and expanded parental controls,” Zino added. “We believe the conditional 30% payment structure tied to competitor compliance is a notable provision that could partially offset META's financial burden, and we expect mandated platform changes to broadly reshape youth engagement dynamics.

” Wed, August 26, 2026 at 2:53 PM UTC Clara Colbert Meta calls on TikTok and YouTube to 'join us in supporting teens' In a statement on its website, Meta announced its settlement with a bipartisan group of attorneys general alleging that the company's social media platforms harmed young users. "Today, we are announcing an agreement with a bipartisan group of 52 attorneys general across US states, territories, and the District of Columbia, building on our longstanding efforts to empower parents and support teens. " Meta said that the settlement "includes a payment of approximately $18 billion," which will be "distributed in annual installments over a 10-year period.

" In addition, the company will revamp its platforms to include protective measures for children, such as stricter age verification, nighttime blocks, enhanced parental controls, daily time limits, and other measures. Meta called on other social media companies popular with teens and young people, such as YouTube and Snap, to follow suit. "While [the changes are] an important step, the fact is that teens move fluidly between dozens of apps a day.

All platforms should empower parents and support teens by putting the same measures in place, because we know that when teens are restricted on one app, they simply move to another. For meaningful progress to happen, we urge TikTok and YouTube to join us and state attorneys general in adopting this new standard, to ensure teens use social media in a healthy and responsible way. " The agreement also has explicit provisions to encourage other social media companies to adopt the limits that Meta has agreed to.

Participating states, for instance, will receive about 70% of the allocated payment over a decade. But the remaining 30% will be released only after two specific conditions are met. The first is that YouTube and TikTok implement a 1-hour daily limit, a restricted night mode, and age-verification measures.

And the second is that each of the companies pays about $5. 3 billion to fund youth online safety initiatives. If YouTube and TikTok pay up, so will Meta.

Several safety measures will also be strengthened should YouTube and TikTok sign on.   The incentive structure works like this: Meta pays into a pot that its rivals must also contribute to. And while its engagement figures for young people will likely fall, it won't be at a relative disadvantage if those measures are adopted by its largest rivals.

Wed, August 26, 2026 at 2:33 PM UTC Daniel Howley 'This is a monumental public health victory for young people in DC,' Attorney General Brian Schwalb says In announcing the ruling, D. C. Attorney General Brian L.

Schwalb said the settlement is the largest state consumer-protection settlement in history outside the Big Tobacco cases of the 1990s. The District will receive between $90,395,940 and $129,356,762 as part of the agreement. "Meta intentionally exploited kids for profit and then lied about it, claiming its products were safe when its own internal research confirmed the platforms were addictive and harmful," Schwalb said.

"This is a monumental public health victory for young people in DC and across the country, and the safety features Meta is required to install will fundamentally and immediately change how young people use Instagram and Facebook. The physical, mental, and emotional harms that intentionally addictive social media platforms inflict on youth — and particularly teenage girls — are widespread across the tech industry, and this successful, coordinated multistate litigation has resulted in Meta being the first platform to come to the table and agree to such comprehensive reforms. It will not be the last," he said.

Wed, August 26, 2026 at 2:30 PM UTC Grace O'Donnell Social media stocks fall in response to Meta settlement Snap ( SNAP ), Roblox ( RBLX ), and other social media stocks are falling in reaction to the Meta ( META ) landmark social media addiction trial settlement, with Snap stock plunging over 6%. Meta stock, meanwhile, oscillated between gains and losses as traders weighed what the settlement implies for the company's social media empire. An AlphaSpace heatmap of major social media stocks.

"These companies are just too big to be meaningfully affected by these kinds of settlements," Bloomberg Intelligence Head of Technology Research Mandeep Singh said about Meta's penalties in the case, which could reach $16. 68 billion. Though the story is different for companies like Snapchat and Roblox, which cater to younger users, Singh said.

Pennsylvania’s AG is also suing Snapchat over alleged harms to children. "From that perspective, the fact that everyone is focused on this demographic — users under 16 — and how these social media platforms are impacting their behavior, I think that's a negative in terms of engagement," Singh noted. Wed, August 26, 2026 at 2:16 PM UTC Daniel Howley Meta reaches $16.

68 billion settlement in social media case Meta ( META ) agreed to settle a social media addiction case with a group of state attorneys general on Wednesday, ending the trial in its second week and sending Meta's stock higher. The case, presided over by US District Judge Yvonne Gonzalez Rogers in Oakland, Calif. , centered on allegations from 29 states that Instagram and Facebook developed products to hook young users and harvested the data of children under 13 to their benefit.

According to court filings, Meta denied wrongdoing and agreed to pay up to $16. 68 billion. Meta also agreed to make changes for teenage users of Facebook and Instagram nationwide, including usage limits and nighttime blocks.

Witness Adam Mosseri, head of Instagram, is questioned by states' lawyer Jason Slothouber before U. S. District Judge Yvonne Gonzalez Rogers as Meta faces a landmark trial in federal court on Aug.

25, 2026, in this courtroom sketch. REUTERS/Vicki Behringer · Reuters / REUTERS The California lawsuit is just the latest in a string of suits Meta faces over its impact on teens and young users. The company has already lost two cases, one in Los Angeles and another in New Mexico, both of which the company says it will appeal.

Read more. Wed, August 26, 2026 at 1:18 PM UTC Jared Blikre Nvidia earnings could reveal its fastest-growing business isn't chips Wall Street is focused on Nvidia's ( NVDA ) graphics processing units (GPUs). The faster-growing story is sitting beside them.

Nvidia has quietly built a networking operation that generated nearly $15 billion last quarter, up from roughly $3 billion per quarter two years ago. Wall Street expects that figure to approach $17 billion when the company reports earnings on Wednesday. Compute still dwarfs networking inside Nvidia's Data Center business.

But networking has been growing faster, up nearly 200% year over year in the last quarter compared with 77% for compute. That pace is slowing. Analysts expect networking growth of roughly 134% in the quarter about to be reported, still ahead of compute at about 100%.

Compute still dominates Data Center revenue, but networking has risen from roughly $3 billion a quarter to nearly $17 billion in about two years — and is now growing faster. · Bloomberg, Yahoo Finance Read more . Wed, August 26, 2026 at 1:15 PM UTC Brian Sozzi 4 reasons Nvidia stock is lagging Raymond James analyst Simon Leopold lists four reasons the chip king stock is stuck in neutral in a new note: How much more Nvidia can investors own: With a market cap of $5.

2 trillion, the market may have a limited appetite for further exposure to Nvidia, Leopold said. Lack of belief creep: Fear that the AI boom turns to a bust is creeping up, Leopold noted. Law of large numbers: Decelerating growth is likely to come to Nvidia soon, given how fast it has grown the past two years.

Peak worries: Peaking growth and peaking margin are concerns for Nvidia, Leopold said. Read more . Wed, August 26, 2026 at 1:10 PM UTC Brian Sozzi Oracle's historic stock rout could be a buying opportunity Citi is sticking its neck out on the beaten-up stock price of cloud computing giant Oracle ( ORCL ) after an epic 12-month sell-off of close to 40%.

In a note on Wednesday, analyst Tyler Radke opened a "positive catalyst watch" on the stock. His $330 price target remains unchanged. "We see opportunity after one of the most extreme dislocations and drawdowns in the stock's history, driven by investor capitulation and multiple technical selling factors (credit spreads, ATM issuance)," Radke wrote.

"We believe shares can work as continued robust AI demand trends and margin/pricing read-throughs from neoclouds set the stage for positive estimate revisions into earnings and investor day in late October. " It has been a rough run for Oracle's stock. Read more .

Wed, August 26, 2026 at 1:05 PM UTC Jake Conley AI's next big bottleneck isn't infrastructure. It's regulatory red tape. As Big Tech has poured hundreds of billions of dollars into artificial intelligence development, myriad bottlenecks have given investors reason to worry, from multiyear delays in natural gas turbine deliveries to capital availability and energy access constraints.

However, with midterm elections just two months away, the biggest bottleneck is elsewhere, according to Melius Research — in regulation. "The binding constraint on growth has shifted," James West, managing director at Melius Research, wrote to clients on Monday. "It is no longer turbines, capital, or customer intent: rolling into midterms, it is permission.

" Read more . Tue, August 25, 2026 at 5:00 PM UTC Brian Sozzi Why Nvidia rival AMD may see a 40% rip in its stock A screaming buying opportunity may exist in AMD ( AMD ) after a post-earnings sell-off earlier this month. Raymond James analyst Simon Leopold upgraded his rating on AMD to Strong Buy from Outperform in a new note on Tuesday.

He lifted his price target to $641 from $565, which assumes neatly 40% upside from current price levels. The new price target puts Leopold above the average price target of his peers at $613, per Yahoo Finance AlphaSpace data. About 72% of Wall Street analysts that cover AMD rate the stock a Strong Buy or Buy.

AMD stock rose 5% in afternoon trading in response. Read more . Tue, August 25, 2026 at 4:34 PM UTC Jake Conley OpenAI says its Jalapeño chip outperformed Nvidia tech in benchmark tests OpenAI ( OPAI.

PVT ) chip leader Richard Ho said the AI lab's new Jalapeño chip outperformed those from Nvidia ( NVDA ) in recent testing, only a day before Nvidia is set to report second quarter results. The Jalapeño semiconductor outperformed Nvidia's GB300 chip in benchmarks of how much work it can handle per unit of power and the speed at which it returns responses, Ho said. "Jalapeño delivers both higher throughput and lower latency with one architecture, where existing hardware systems often have to make a tradeoff between the two," OpenAI said in a press release .

"For customers, that can mean faster responses, more responsive agents, and more reliable access as demand grows. " Nvidia shares traded up by roughly 1. 7% as investors look toward the company's results coming after the bell on Wednesday.

The news comes as OpenAI has increasingly turned toward building and running its AI models on its own hardware, underscoring the competition for advantages in the hardware sector of the AI boom. "OpenAI can design models, products, serving software, chips, memory, networking, and systems together, using what we learn from real workloads to improve every layer of the stack," the company said. While the Jalapeño model outperformed Nvidia's GB300 chip, OpenAI's new offering wasn't tested against Nvidia's newest-generation Vera Rubin chips, Bloomberg reported.

The chip is also not designed for AI model training, where Nvidia's technology has traditionally excelled. Tue, August 25, 2026 at 1:18 PM UTC Daniel Howley Apple launches new Mac Mini and Mac Studio desktops aimed at AI developers Apple's ( AAPL ) Mac Mini and Mac Studio have quickly become must-haves in the AI world, so much so that certain models have become increasingly hard to find in stores. On Tuesday, the company debuted new versions of each pint-sized desktop with more performance aimed at AI developers.

The Mac Mini gained traction among AI enthusiasts and engineers thanks to its relatively low cost and ability to operate without a display. That made it ideal for running AI agents that handle tasks for developers, who can control them on the go from their smartphones or laptops. The Mac Studio also drew engineers who didn't necessarily need a display, as well as for its powerful chips.

Apple's new Mac mini is designed to lure AI developers. · Apple Read more . Tue, August 25, 2026 at 1:15 PM UTC Brian Sozzi Nvidia stock is on a 7-day losing streak ahead of its big earnings report Investors are dumping Nvidia ( NVDA ) heading into its closely watched earnings report on Wednesday evening.

Nvidia stock has fallen for seven straight trading days, per Yahoo Finance AlphaSpace data . The sell-off marks the stock's longest losing streak since 2022. The stock has lost about 7% over this stretch, compared with a 1.

2% drop for the S&P 500 ( ^GSPC ). The Nvidia bulls may be looking to avoid one harsh reality, at least from a short-term perspective. Strong earnings reports haven't been too kind to Nvidia's stock of late.

Nvidia stock has fallen in response to earnings in six of the past eight quarters, including the last four, per Yahoo Finance AlphaSpace analysis. Read more . Mon, August 24, 2026 at 4:01 PM UTC Grace O'Donnell Chip stocks stumble ahead of Nvidia earnings Chip stocks sold off on Monday ahead of Nvidia ( NVDA ) closely watched earnings report on Wednesday, dragging down the Nasdaq Composite ( ^IXIC ).

The PHLX Semiconductor Index ( ^SOX ) fell by over 3% as several headlines contributed downward pressure on the tech sector. Chip stocks heatmap First, Nvidia ( NVDA ) reportedly informed some of its customers that it will hike prices for AI servers by more than 15% early next year due to soaring memory chip costs. Nvidia stock dropped by over 2%, and memory chip plays Micron ( MU ), Sandisk ( SNDK ), Seagate Technology ( STX ), and Western Digital ( WDC ) all fell over 5% on concerns that higher prices could weigh on demand.

Reports over the weekend that Apple ( AAPL ) may source dynamic random-access memory (DRAM) and NAND flash memory from Chinese semiconductor companies CXMT and YMTC also weighed on memory stocks. Additionally, investors may be positioning ahead of Nvidia earnings. As my colleague Brian Sozzi pointed out this morning, Nvidia shares have fallen in response to the company’s last four earnings results.

In a sign of the market’s high expectations, Samsung ( 005930. KS ) stock slid 8% after the company’s $80 billion shareholder return plan failed to impress the Street. Mon, August 24, 2026 at 2:02 PM UTC Pras Subramanian Tesla Cybercab to launch Sept.

3rd Tesla ( TSLA ) will unveil the production Cybercab at a launch event in Austin, Texas, on September 3rd. This comes as Tesla ramps up its self-driving efforts, key to the company's big growth plans. Emailed invites to the Sept.

3rd event first surfaced on X among Tesla-watchers over the weekend and were confirmed by EV outlets like Teslarati . Tesla stock was little changed despite unofficial confirmation of the upcoming production reveal of the two-seat, purpose-built robotaxi. 07 March 2026, USA, San Jose: A test car of the Tesla robotaxi Cybercab is on the road.

The vehicles will not have a steering wheel or pedals when they are launched on the market. Tesla boss Elon Musk sees autonomous driving as the future of the electric car manufacturer. Photo: Andrej Sokolow/dpa (Photo by Andrej Sokolow/picture alliance via Getty Images) · picture alliance via Getty Images Read more .

Mon, August 24, 2026 at 1:02 PM UTC Daniel Howley Nvidia's Q2 earnings to test resurgent AI trade Nvidia CEO Jensen Huang (Photo by Yoshikazu TSUNO/Gamma-Rapho via Getty Images) · YOSHIKAZU TSUNO via Getty Images Nvidia ( NVDA ) reports its second quarter earnings after the bell on Wednesday. The announcement also comes as chip stocks more broadly struggle to hang on to gains over the last month following July's steep declines over fresh fears about whether companies will see returns on their vast AI investments. Microsoft ( MSFT ), Amazon ( AMZN ), and Google ( GOOG , GOOGL ) helped allay at least some of those fears thanks to strong growth numbers in their respective cloud businesses, though Google, along with Meta, spooked investors on increased spending.

For the quarter, Nvidia is expected to report second quarter adjusted earnings per share (EPS) of $2. 09 on revenue of $92 billion, according to Bloomberg analyst consensus estimates. That would mark a 96% year-over-year jump in overall revenue, and a continued quarter-over-quarter acceleration.

Nvidia updated its reporting framework last quarter, breaking down Data Center revenue into sales between Hyperscalers and AI Clouds, Industrial, and Enterprise (ACIE). Read more . Mon, August 24, 2026 at 12:05 PM UTC Grace O'Donnell Market expectations for Nvidia earnings set high Nvidia ( NVDA ) stock edged lower as investors began gearing up for the company's earnings report on Wednesday.

As Yahoo Finance's Brian Sozzi points out, even strong earnings reports from Nvidia haven't received a warm reception on Wall Street: Nvidia shares have fallen in response to earnings in six of the past eight quarters, including the last four, per Yahoo Finance AlphaSpace analysis. He writes: The reality is that the market is positioned for the company to post something great and for CEO Jensen Huang to sound super bullish on the earnings call. The market also knows there is minimal downside risk to Nvidia's growing investment portfolio , given the rising valuations (see Anthropic ( ANTH.

PVT ), for example) being afforded to most privately held names in artificial intelligence. "Because many of the debates around AI infrastructure spend/return on investment and credit risk are out of NVDA's hands, we think the numbers are more important than the narrative and coming out of this call, we expect investors to gain greater confidence in … numbers that should keep the stock grinding higher," UBS analyst Tim Arcuri wrote in a note. Read more.