Nvidia and Salesforce Earnings Dominated Wall Street Trading

Barry Adams
26 Feb, 2026
New York City

Stocks on Wall Street lacked momentum as investors digested earnings from key technology companies.

The S&P 500 index decreased 0.1%, and the tech-heavy Nasdaq Composite declined 0.2% as investors reacted to quarterly results from Nvidia and Salesforce.

NVIDIA, the chipmaking company leading the artificial intelligence investments, posted better-than-expected revenue and earnings. 

Salesforce struggled to advance despite the customer service software maker reporting better-than-expected quarterly results. 

However, a weaker-than-expected fiscal 2027 outlook weighed on the stock.

Initial jobless claims at the end of last week rose by 4,000 to 212,000, according to the latest update from the U.S. Department of Labor. 

Continuing claims, which lag by one week, decreased 31,000 to 1.833 million, hovering near a 10-month low. 

The latest jobs report confirmed the resilient labor market, reflecting low hiring and low firing by businesses. 

 

U.S. Movers

Nvidia Corp. increased 0.7% to $197.03 after the advanced chipmaker reported better-than-expected quarterly results. 

The advanced chipmaker's revenue rose 73% to $68.1 billion from $39.3 billion, net income advanced 94% to $42.9 billion from $22.1 billion, and diluted earnings per share rose to $1.76 from $0.89 a year ago. 

The company guided fiscal first quarter revenue of $78 billion, which excludes any potential data center compute revenue in China, and gross margins at 74.9%. 

Snowflake Inc. increased 0.4% to $169.88 after the software company reported quarterly results and estimated product revenue in the current quarter slightly ahead of estimates.

Trade Desk dropped 16.5% to $21.02 after the advertising platform operator estimated weaker-than-expected adjusted earnings of $195 million in the fiscal first quarter.