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Markets

Wall Street Rises as Nvidia Earnings Boost AI Stocks

Published 28 August 2026

Wall Street advanced on Thursday, August 27, 2026, led by a surge in Nvidia shares after the chipmaker reported blockbuster quarterly results and issued a forecast that reaffirmed the strength of the artificial intelligence boom. The tech-heavy Nasdaq Composite outperformed major indexes, rising 0.8% to close at 26,342.87, while the S&P 500 gained 0.4% to 7,702.44 and the Dow Jones Industrial Average edged up approximately 35 points, or 0.1%, to 53,499.60. Nvidia's stock jumped 7.3% to $224.91 after the company reported fiscal second-quarter revenue of $96.2 billion, a 106% increase from the same period a year ago.

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