Market Open: Stocks Higher, Nvidia’s Blockbuster Results, Salesforce Rises • 8/27/26

Watch on YouTube ↗  |  August 27, 2026 at 14:39  |  3:55  |  CNBC
Speakers
Jensen Huang — CEO, NVIDIA
Jessica Ettinger — Anchor, CNBC
Dominic Chu — Senior Markets Correspondent, CNBC
Andrew Ross Sorkin — Co-Anchor, Squawk Box
Rick Santelli — On-Air Editor, CNBC Business News

Summary

US stocks opened higher, led by Salesforce and Nvidia after Nvidia's strong earnings. AI optimism and chip tariff reports supported semiconductor names, while Best Buy and Dollar General rose on positive results. Oil ticked higher on Strait of Hormuz and Iran concerns, and jobless claims remained low ahead of the Jackson Hole conference.

  • Dow, S&P 500, and Nasdaq opened higher.
  • Nvidia reported blockbuster results, lifting its shares and other chip stocks.
  • Salesforce led the Dow higher on strong results, AI growth, and Claude Force.
  • Best Buy beat expectations on computing sales strength.
  • Dollar General rose after raising guidance and announcing a buyback.
  • Oil pushed toward $83 a barrel on Strait of Hormuz and Iran concerns.
  • Jobless claims fell to 203,000, reflecting a historically low layoff environment.
  • Jackson Hole symposium began with a Fed speech scheduled next day.
Ideas
Jessica Ettinger Anchor, CNBC 0:14
Strong results and AI momentum lift Salesforce
Salesforce is leading the Dow after strong quarterly results, AI growth, and a gain from its Anthropic investment; it also announced Claude Force, a plug-in for Anthropic's AI model that automates sales tasks.
CRM MED
Jensen Huang CEO, NVIDIA 0:40
Profitable AI tokens support Nvidia demand
AI is now useful and doing productive work, and the tokens generated by AI labs have become profitable because people are paying for productivity gains. This supports sustained demand for Nvidia's AI compute after its blockbuster quarterly results.
NVDA HIGH
Jessica Ettinger Anchor, CNBC 0:54
Nvidia earnings lift chip stocks
The Trump administration is reportedly considering new tariffs on imported chips covering servers, laptops, and gaming hardware, which could benefit American chipmakers; possible tariff relief for countries investing in US production reinforces the reshoring priority.
SMH MED
Jessica Ettinger Anchor, CNBC 2:21
Computing sales strength lifts Best Buy
Best Buy's quarterly results beat expectations, with computing product sales showing particular strength for the retailer.
BBY MED
Jessica Ettinger Anchor, CNBC 2:28
Raised outlook and buyback lift Dollar General
Dollar General shares rose more than 10% after the company raised its full-year outlook and announced a share buyback.
DG HIGH
Jessica Ettinger Anchor, CNBC 2:35
Geopolitical risk supports oil prices
US crude is pushing toward $83 a barrel as investors weigh Strait of Hormuz risk and the US war with Iran entering its seventh month, a geopolitical supply-risk backdrop for oil.
USO MED
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This CNBC video, published August 27, 2026, features Jessica Ettinger, Jensen Huang discussing CRM, NVDA, SMH, BBY, DG, USO. 6 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jessica Ettinger, Jensen Huang  · Tickers: CRM, NVDA, SMH, BBY, DG, USO