Stocks
Salesforce Stock Surges 22% as Earnings Defy Market Expectations
Salesforce and NVIDIA's recent earnings reports have defied market expectations, sending U.S. tech stocks surging on August 27, 2026.
NVIDIA reported better-than-expected financial results, with a revenue growth of 11% to $11.35 billion and an adjusted earnings per share of $5.90, significantly surpassing the estimated $3.28.
Salesforce's stock jumped approximately 22%, prompting a reassessment of AI demand and its implications for traditional enterprise software models.
According to GuruFocus, Salesforce is currently priced at $252.05, which is 24.5% undervalued compared to its GF Value of $333.76.