Mixed Earnings News May Lead To Choppy Trading On Wall Street
RTTNews·2026-02-26 13:58

Core Viewpoint - The U.S. stock market is expected to open flat, influenced by mixed earnings reports from Nvidia and Salesforce, leading to potential choppy trading on Wall Street [1][2]. Group 1: Company Earnings - Nvidia reported better-than-expected fiscal fourth-quarter results with total revenue of $68 billion, driven by a record data-center revenue of $62 billion, and projected revenue for the next quarter significantly above consensus estimates [2][8]. - Salesforce's shares fell by 1.7 percent in pre-market trading despite reporting better-than-expected fourth-quarter results, as the company provided disappointing guidance [2]. - Oracle's shares increased by 1.2 percent following an upgrade from Oppenheimer, indicating positive sentiment in the software sector [5]. Group 2: Market Performance - The Nasdaq rose by 288.40 points (1.3 percent) to 23,152.08, the S&P 500 climbed by 56.06 points (0.8 percent) to 6,946.13, and the Dow increased by 307.65 points (0.6 percent) to 49,482.15, reflecting a recovery from previous losses [3]. - The Dow Jones U.S. Software Index surged by 3.1 percent, indicating strong performance in the software sector amid easing AI disruption concerns [5]. - The NYSE Arca Computer Hardware Index saw a 2.9 percent increase, showcasing strength in computer hardware stocks [6]. Group 3: International Market Reactions - Asian stocks advanced, driven by Nvidia's earnings results, which alleviated fears regarding AI spending and disruptions [8]. - European stocks moved higher, with the French CAC 40 Index up by 0.8 percent, the German DAX Index up by 0.4 percent, and the U.K.'s FTSE 100 Index up by 0.2 percent, as Nvidia's strong earnings offset uncertainties in U.S. trade policy [14]. - In Japan, the Nikkei 225 Index closed up 0.3 percent at 58,753.39, while the broader Topix Index settled 1 percent higher at 3,880.34, reflecting mixed performance in tech stocks despite Nvidia's positive outlook [10][11].

Mixed Earnings News May Lead To Choppy Trading On Wall Street - Reportify