Dow Jones Top Company Headlines at 1 AM ET: Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter | Thinking ...

Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter

Shares rallied as the chip giant forecast 70% revenue growth next year and defended its financial support of AI companies.

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Thinking Machines Lab Co-Founder Barret Zoph Joins Google

After a short stint at OpenAI, Zoph will become a vice president of research at Google, which has recently lost a string of high-profile researchers.

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Salesforce Profit, Revenue Rise, Expands Partnership with Anthropic's Claude

The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a boost in organic growth as well as acquisitions it expects to close this quarter.

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Qantas Profit Falls as Fuel Costs Surge on Iran Conflict

Australia's largest airline warned that the financial hit of elevated fuel prices will extend into its current fiscal year.

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HP Revenue Rises as Higher Prices Offset Fewer PC Sales

The printer and computer maker reported higher revenue in the third quarter, but logged lower sales volumes in its personal-computers business.

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CrowdStrike's stock soars after AI fuels the cybersecurity company's 'best quarter in history'

Shares of CrowdStrike Holdings were roaring after the cybersecurity company revealed a record-breaking quarter, one partially boosted by fears about the power of artificial intelligence.

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Meta Reaches $18 Billion Settlement With 48 States Over Child-Safety Claims

The deal contains broad new safeguards for underage users but only pays out in full if TikTok and YouTube make similar concessions.

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OpenAI Is the Sole Investor in Its Latest Venture Fund

The ChatGPT maker is dedicating $400 million to investing in early-stage AI companies.

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The Latest Viral AI Assistant Rocketing Across Silicon Valley

The buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raised privacy concerns.

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Okta Lifts Full-Year Outlook as AI Agents Spur Demand

The identity management and security company now expects full-year revenue of $3.22 billion to $3.23 billion, up from its prior view of $3.19 billion and $3.21 billion.

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Best Buy Earnings Loom Following the Stock's Big Run

Best Buy had a strong first quarter, and second-quarter earnings will have a tough act to follow in the face of persistent inflation.

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Urban Outfitters Sales Rise as Free People Strength Continues

The apparel retailer's sales rose 10% to $1.66 billion in the second quarter.

(END) Dow Jones Newswires

August 27, 2026 01:00 ET (05:00 GMT)