Bloomberg Stock Movers
2026-08-27 · Hosted by — · Bloomberg / iHeartMedia
Executive Summary
Nvidia's current-quarter revenue guidance of about $108 billion narrowly beat analyst estimates, with CEO Jensen Huang forecasting roughly 70% sales growth next fiscal year and declaring the AI infrastructure buildout "at full steam." Investors also focused on margin guidance, with the company warning gross margins could narrow toward 71-72% in the fiscal fourth quarter as memory costs surge, before bottoming out. Shares jumped nearly 7% in pre-market trading.
Key Stories & Changes
1. Nvidia Beats and Guides to 70% Growth, Flags Margin Pressure
Current-quarter revenue guidance of about $108 billion, narrowly beating analyst estimates
Jensen Huang said sales will grow about 70% in the next fiscal year and that AI infrastructure buildout is "at full steam"
Vera Rubin chip now in full production, cited by Huang as evidence of accelerating demand
Gross margins expected to narrow, bottoming around 71-72% in the fiscal fourth quarter due to a surge in memory costs
Shares surged nearly 7% in pre-market trading
2. Salesforce and CrowdStrike Rally on Relief From "SaaS Apocalypse" Fears
NVDA: Nvidia — +~7% pre-market — Guided to 70% sales growth next fiscal year; margin pressure from memory costs flagged
CRM: Salesforce — +~12% pre-market — Guided a key forward-sales metric to ~14% growth vs. 13% estimate; deepened Anthropic partnership
CRWD: CrowdStrike — +9% pre-market — Full-year revenue guidance ahead of estimates; CEO cited AI-driven cyber-threat demand
Salesforce's expanded partnership with Anthropic will integrate Salesforce products within Claude, letting clients access customer and sales-cycle data through the AI application
CrowdStrike's CEO specifically cited the release of Anthropic's Mythos model and concerns about its potential as a hacking tool as a driver of "mass market acceptance" of cybersecurity spending
3. Cybersecurity Demand Linked to AI-Powered Threats
Cyber stocks have been rallying in recent months amid fears of AI-powered cyberattacks and breaches
CrowdStrike's results were framed by the desk as evidence that AI adoption is directly driving increased security spending, not displacing it
Trends Identified
1. AI Buildout Momentum Remains Intact Despite Margin Headwinds
Nvidia's 70% growth guidance and Huang's "full steam" characterization reinforced that AI infrastructure demand continues to outpace even elevated expectations, even as rising memory costs create a near-term profitability headwind that investors are choosing to look past for now.
2. Software Stocks Reprice as AI "Enabler" Rather Than "Disruptor"
The sharp pre-market gains in Salesforce and CrowdStrike reflect a market-wide reassessment: rather than AI displacing SaaS incumbents, both companies are positioning AI integration (via Anthropic) and AI-driven threat response as new growth vectors, directly countering the "SaaS apocalypse" narrative that had weighed on the sector. ---
Sentiment Analysis
Overall Market Sentiment: Bullish
Pre-market reaction across all three featured names was strongly positive, reflecting relief that both AI infrastructure spending and AI-adjacent software demand remain robust.
Risk Factors Highlighted
Nvidia margin compression: Gross margins guided to bottom around 71-72% in fiscal Q4 due to surging memory costs.
AI-powered cyberattack threats: CrowdStrike's own commentary flagged Anthropic's Mythos model as a potential hacking tool, underscoring rising offensive AI risk industry-wide.
This episode was covered in today's [The Market Signal — 2026-08-27](https://marketsignal.beehiiv.com/p/the-market-signal-2026-08-27), a cross-source synthesis of multiple podcast reports.