Market News for August 27, 2026
Every story Market Flux published on August 27, 2026.
- Unusual Volume
Burlington Stores Q2 Earnings Beat on Profit but Stock Drops on Revenue Miss and Soft Q3 Outlook
Burlington Stores posted second-quarter fiscal 2026 adjusted earnings per share of $2.37, beating the $2.18 consensus estimate by 38% year over year, while net income of $184 million…
- Market Flux Event
US Close to Ownership Stake Deal in Venezuelan Oil Fields That Would More Than Double American Reserves
The Trump administration is in advanced talks with Venezuela's interim government to acquire an ownership stake in the country's vast oil fields, a deal described by one U.S. official as…
- Unusual Volume
Canadian Solar Posts Q2 Net Loss of $77M, Misses EPS by $1.29 and Issues Weak Q3 Revenue Guidance
Canadian Solar reported a net loss of $77 million for the second quarter of fiscal 2026, with GAAP EPS of -$1.40 against a consensus estimate of -$0.11, a miss of $1.29 per share. Revenue…
- Market Flux Event
Nvidia Surges 8.65% After Forecasting $108 Billion Quarter and 70% Fiscal 2028 Revenue Growth
Nvidia shares jumped 8.65% on August 27, their best single-day gain since April 9, 2025, after the chipmaker reported second-quarter results that surpassed analyst expectations and issued…
- Most Active
Okta Surges 20% After Record Q2 Bookings and Raised Full-Year Guidance Powered by AI Security Demand
Okta reported fiscal second-quarter 2027 revenue of $805 million, up 11% year over year from $728 million and ahead of Wall Street estimates of roughly $794 million, driving shares up more…
- Most Active
DeFi Development Corp Resumes SOL Purchases, Expands Treasury to 2.33 Million SOL
DeFi Development Corp (DFDV) has resumed buying Solana after a pause, acquiring approximately 19,000 SOL tokens to bring its total treasury to 2.33 million SOL and SOL equivalents. The…
- Top Mover
Hormel Foods Cuts Annual Sales Outlook and Stock Falls 9% After Q3 Revenue Miss
Hormel Foods reported fiscal third-quarter results on August 27 that beat adjusted earnings estimates but missed on revenue, sending shares down roughly 9.3% on the day and below the…
- Top Mover
Dollar Tree Q2 Earnings Beat but Stock Slips on Weak Q3 Outlook Tied to Tariff Reinvestment Costs
Dollar Tree reported second-quarter fiscal 2026 net sales of $4.89 billion, up 7% year over year and above the analyst estimate of roughly $4.86 billion, while comparable-store sales rose…
- Top Mover
Best Buy Beats Q2 Estimates and Raises Full-Year Outlook but Stock Falls 5%
Best Buy reported fiscal second-quarter adjusted earnings per share of $1.47, topping the $1.38 consensus estimate and up 15% year over year, while revenue of $9.78 billion beat the $9.59…
- Top Mover
Broadcom Surges 4% on Nvidia Earnings Lift With AI Set to Hit 54% of Sales Ahead of Sept. 2 Report
Broadcom shares climbed 4.1% to $370.30 on Thursday, carried higher by a broad semiconductor rally triggered by Nvidia's blowout fiscal second-quarter results, which showed 106%…
- Top Mover
Autodesk Q2 Fiscal 2027 Earnings Beat on Revenue and EPS, Full-Year Guidance Raised
Autodesk reported second-quarter fiscal 2027 results after the close on August 27, topping Wall Street estimates on both the top and bottom lines. Revenue came in at $2.046 billion, up 16%…
- Top Mover
ServiceNow Surges 5% as Nvidia Blowout and Salesforce AI Beat Lift Enterprise Software Sector
ServiceNow shares climbed roughly 5% on August 27, carried by a broad enterprise software rally fueled by two major catalysts. Nvidia reported fiscal second-quarter FY27 revenue of $96.2…
- Top Mover
Nvidia Posts Record $96.2 Billion Quarter and Guides 70% Revenue Growth for Fiscal 2028, Stock Surges Nearly 9%
Nvidia reported fiscal second-quarter 2027 revenue of $96.2 billion, up 106% year over year and well ahead of analyst estimates of roughly $92.2 billion, with data center revenue alone…
- Top Mover
Palo Alto Networks Stock Surges After Report CEO Held Acquisition Talks With Okta and Datadog
Shares of Palo Alto Networks jumped Thursday after The Information reported that CEO Nikesh Arora held acquisition talks with both Okta and Datadog in the past year. Talks with Okta…
- Top Mover
Veeva Systems Posts Best Day Ever as Q2 Beat and Vault CRM Wins Drive 17% Stock Surge
Veeva Systems shares surged as much as 20.9% on August 27, closing up roughly 15-17% in what Barron's called the stock's best single day ever, after the life sciences software company…
- Top Mover
CrowdStrike Posts Best Quarter Ever, Surges 20% to All-Time High as AI Security Demand Accelerates
CrowdStrike reported fiscal Q2 2027 results that CEO George Kurtz called the best quarter in the company's history, sending shares up roughly 20% on August 27 to an all-time high of…
- Top Mover
Synopsys Posts Record Q3 Revenue of $2.48 Billion and Raises Full-Year Guidance
Synopsys reported fiscal third-quarter 2026 revenue of $2.477 billion, up roughly 42% year over year, beating the high end of its own guidance and marking a record quarter. The result…
- Top Mover
Salesforce Surges 22% for Second-Best Day Ever After Earnings Beat, Guidance Raise and Claudeforce Launch
Salesforce shares rocketed roughly 22% on August 27, the company's second-best single-day gain in its 22-year public history, after it reported fiscal second-quarter 2027 results that beat…
- Market Flux Event
Marvell Technology Q2 Revenue Rises 37% to $2.74 Billion as Data Center Sales Jump 46%, Q3 Guidance Set at $3.15 Billion
Marvell Technology reported second-quarter fiscal 2027 revenue of $2.739 billion, up 37% year over year and $39 million above the midpoint of its own guidance, as surging AI-driven demand…
- Market Flux Event
Trump Touts Micron's $10B US Research Lab Pledge as Administration Nears Major Venezuelan Oil Deal
President Trump on Thursday hailed Micron Technology's $10 billion investment in new US research labs as evidence the country remains at the forefront of AI and advanced computing, calling…
- Market Flux Event
Ulta Beauty Raises Full-Year EPS Forecast After Q2 Profit and Revenue Beat Estimates
Ulta Beauty reported second-quarter revenue of $3 billion, topping analyst estimates of $2.96 billion, and earnings per share of $6.55, a 13.3% increase year-over-year that cleared the…
- Market Flux Event
Nvidia Beats Estimates with $96.2 Billion Quarter and $108 Billion Guidance, Sending Chip Stocks Surging
Nvidia reported fiscal second-quarter revenue of $96.2 billion for the May-July 2026 period, topping Wall Street's consensus estimate of roughly $92 billion and confirming that AI…
- Market Flux Event
Salesforce Surges 22% After Earnings Beat and Guidance Raise Mark Second-Best Day in Company History
Salesforce shares jumped roughly 22% on August 27, the company's second-best single-day gain in its 22-year history as a public company, after it reported second-quarter fiscal 2027 revenue…
- Market Flux Event
FDA Clears COVID Vaccines From Pfizer-BioNTech and Moderna for 2026-2027 Season as Priovant Wins Dermatomyositis Approval
The FDA delivered a cluster of drug approvals on August 27, 2026. Pfizer and BioNTech received approval for an updated XFG-adapted formulation of Comirnaty for the 2026-2027 COVID-19…
- Market Flux Event
Trump Administration Near Deal for Direct US Ownership Stake in Venezuelan Oil Fields Holding 90 Billion Barrels
The Trump administration is in active talks with Venezuela's interim government to acquire a direct US ownership stake in more than a dozen high-yield Venezuelan oil fields, two senior US…
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- Market Flux Event
Anthropic IPO Targeted for Late September or Early October at Up to $1.5 Trillion Valuation
Anthropic is preparing to go public as soon as late September or early October, according to reporting from The Information. The AI company plans to publicly unveil its IPO prospectus after…
- Unusual Volume
Dollar General Q2 Profit Jumps 34%, Stock Surges 10% as Full-Year Outlook Raised Sharply
Dollar General reported second-quarter earnings per share of $2.48, beating the consensus estimate of $2.00 by $0.48 and rising 33.3% year over year. Net sales reached $11.29 billion, up…
- Market Flux Event
Trump Signs Executive Order Renaming Lake Ontario to Lake America Amid Canada Trade War
President Trump on August 27 signed an executive order immediately renaming Lake Ontario to Lake America, escalating his administration's ongoing trade dispute with Canada. The move follows…
- Market Flux Event
Nvidia Blowout Earnings Spark Broad Chip Stock Rally as Q2 Revenue Hits $96.2 Billion
Nvidia reported second-quarter revenue of $96.2 billion on Wednesday, beating analyst estimates of roughly $92.3 billion and representing 106% growth from a year earlier. Adjusted earnings…
- Unusual Volume
Hormel Foods Cuts Annual Sales Outlook After Q3 Revenue Miss and Three One-Time Charges
Hormel Foods reported fiscal third-quarter results on August 27, beating adjusted earnings estimates but falling short on revenue and slashing its full-year sales forecast. The company…
- Unusual Volume
Veeva Systems Posts Best-Ever Stock Day as Q2 Beat and Raised Guidance Spark Wave of Analyst Target Increases
Veeva Systems surged roughly 8% on August 27, marking its best single session on record, after the life-sciences software company reported fiscal second-quarter 2027 results that topped…
- Unusual Volume
Nvidia Posts Record $96.2 Billion Quarter and Forecasts 70% Revenue Growth in Fiscal 2028, Sending Shares Up Nearly 9%
Nvidia reported fiscal second-quarter 2027 revenue of $96.2 billion, up 106% year over year and well above the analyst consensus of roughly $92.2 billion, with adjusted earnings per share…
- Market Flux Event
Fed Officials Call for Rate Hikes as ECB Also Signals Tightening Ahead
Two Federal Reserve officials on August 27 publicly backed raising interest rates, adding momentum to expectations of further monetary tightening. Cleveland Fed President Beth Hammack…
- Market Flux Event
30-Year Treasury Yields Hit 19-Year High as Markets Brace for Fed Chair Warsh at Jackson Hole
U.S. Treasury yields have surged to a 19-year high, with the long end of the curve drawing particular attention as investors weigh retirement planning risks, bond market volatility, and the…
- Unusual Volume
Salesforce Surges 20% on Record Q2 Beat, Claudeforce Launch and Raised Full-Year Guidance
Salesforce shares rocketed roughly 20% on August 27, its second-best single-session gain in the company's 22-year history and its strongest day since August 2020, after the enterprise…
- Market Flux Event
Dollar General Surges 10% After Q2 Profit Jumps 33.8% and Full-Year Outlook Raised
Dollar General shares rose as much as 10% Thursday after the discount retailer reported second-quarter net profit growth of 33.8% year over year, fueled by improved gross margins and sales…
- Unusual Volume
Okta Surges 20% After Q2 Beat and Raised Guidance as AI Security Demand Accelerates
Okta shares skyrocketed roughly 20% on August 27, hitting a year-to-date high, after the identity security company reported fiscal Q2 2027 results that topped Wall Street expectations on…
- Unusual Volume
Dollar Tree Beats Q2 Estimates and Raises Full-Year Outlook but Soft Q3 Guide Sends Shares Lower
Dollar Tree posted fiscal second-quarter net sales of $4.89 billion, up 7% year over year and ahead of the roughly $4.86 billion Wall Street expected, while adjusted EPS of $2.70 crushed…
- Market Flux Event
Nvidia Posts Record $96.2 Billion Q2 Revenue With 106% Growth and Forecasts $108 Billion in Q3
Nvidia reported record fiscal second-quarter 2027 revenue of $96.2 billion, up 106% year over year and above analyst estimates of $92.2 billion, as insatiable demand for AI infrastructure…
- Market Flux Event
Jackson Hole Takes Center Stage as Fed Chair Warsh Prepares Debut Keynote Amid Sticky Inflation
Markets are closely watching the Jackson Hole economic symposium, where Federal Reserve Chair Kevin Warsh is set to deliver his first keynote address as Fed chief at 8:30 AM ET. The…
- Market Flux Event
Trump Administration Weighs Sweeping New Tariffs on Semiconductors, Laptops and Servers
The Trump administration is considering a new round of broad tariffs targeting semiconductors as well as downstream goods made with them, including laptops and servers, according to…
- Market Flux Event
Bitcoin ETFs Rack Up $2.8B Over Eight-Day Inflow Streak as BTC Tests $80K Supply Wall
US spot Bitcoin ETFs attracted $2.8 billion in net inflows across eight consecutive sessions, putting August on track for its strongest monthly inflow total since October 2025. The most…
- Unusual Volume
CrowdStrike Surges 20% on Best Quarter in Company History as AI Security Demand Accelerates
CrowdStrike shares soared roughly 20% on August 27, their best single session since the company's 2019 IPO, after the cybersecurity firm reported what CEO George Kurtz called the best…
- Market Flux Event
Nvidia Surges 7-8% After Fiscal Q2 Revenue of $96.2 Billion Crushes Estimates and Q3 Guidance Tops $108 Billion
Nvidia shares jumped between 7% and 8% in premarket trading on Thursday after the chipmaker reported fiscal second-quarter revenue of $96.2 billion, well above analyst estimates of roughly…
- Market Flux Event
Nvidia Posts Record Q2 Revenue of $96.2 Billion, Up 106% YoY, Sending Shares Up 7% and Lifting Broader Tech
Nvidia reported fiscal second-quarter FY27 revenue of $96.2 billion, a 106% year-over-year increase, blowing past analyst expectations and triggering a broad rally in technology markets…
- Top Story
Nvidia Posts $96.2 Billion Q2 Revenue Beat but Stock Slides on Underwhelming Guidance
Nvidia reported fiscal second-quarter revenue of $96.2 billion on Wednesday, well above the roughly $92.2 billion Wall Street had expected, confirming sustained demand for AI…
- Market Flux Event
Nvidia Q2 Revenue Hits $96.2 Billion and Q3 Guidance Tops $108 Billion, Sending Shares Up 6% Premarket
Nvidia reported fiscal second-quarter revenue of $96.2 billion on Wednesday, well ahead of the $92.2 billion Wall Street had expected and representing 106% growth from a year earlier…
- Market Flux Event
Brent Crude Falls to $87 on Hopes Iran-Qatar Talks Could Reopen Strait of Hormuz
Oil prices extended their losing streak for a fourth consecutive day on Thursday, with Brent crude futures falling 60 cents, or 0.7%, to $87.24 per barrel. The declines were driven by…
- Market Flux Event
Bank of Korea Raises Rates to 3.00% in Back-to-Back Hike as Core Inflation Hits Three-Year High
South Korea's central bank raised its policy rate by 25 basis points to 3.00% on August 27, marking its second consecutive meeting with a rate increase and its first back-to-back hikes…
- Market Flux Event
Nvidia in Serious Talks to Acquire Hugging Face at Over $13 Billion Valuation
Nvidia has been in serious talks to acquire Hugging Face, the open-source AI platform, in a deal that could value the company at more than $13 billion, according to Business Insider. No…
- Market Flux Event
Fed Governor Lisa Cook Formally Denies Mortgage Fraud Allegations as Trump Renews Push to Remove Her
Federal Reserve Governor Lisa Cook has formally denied committing mortgage fraud and rejected the Trump administration's assertion that grounds exist to remove her from the Fed's Board of…