Tech Stocks Surge on Strong Earnings from Nvidia and Salesforce
Technology stocks led Wall Street higher on Thursday after Nvidia and Salesforce reported stronger profits than expected.
Nvidia, a leading chip manufacturer, rose 6% after delivering better-than-forecast results for the latest quarter. The company also gave an upbeat forecast for upcoming revenue growth, which boosted investor confidence in AI-driven projects.
Salesforce's stock jumped 14% as it reported stronger profit and revenue than expected, with CEO Marc Benioff saying the company is seeing 'incredible demand' for its AI and data products.