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Closing Bell

Closing Bell Overtime: Nvidia Reports Earnings 8/27/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 27 August 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Kristina Partsinevelos sets the market theme as all eyes turn to Nvidia's pivotal earnings report. Brenda Vingiello and Mike Santoli analyze markets ahead of the chip giant's results. Plus, instant reaction from all angles once Nvidia numbers are released with Gil Luria and Patrick Moorhead. Steve Grasso breaks down the readthrough from Nvidia and what's next for AI stocks, while Pure Storage CEO Charles Giancarlo discusses his company's latest results and storage market outlook in an exclusive interview. Other earnings include Snowflake, NetApp, CrowdStrike, and Pure Storage. Mad Money Disclaimer

Transcript

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0:00.0

LaBelle marks the interregulation. Vanek bringing the closing bell at the New York Stock Exchange.

0:06.0

Microsoft doing the honors at the NASDAQ and stocks are higher across the board as the S&P 500 closes at a new high for the 19th time this year.

0:15.0

Small cap rally keeps rolling along with the Russell outperforming the other major averages and the energy sector, the big winner today.

0:23.4

Energy with oil prices rebounding, Valero, Marathon, and Apache among the outperformers in the S&P and consumer staples on track to be the worst performing sector this week.

0:34.5

Jam Smucker, not helping things on that front today, falling sharply in a

0:38.4

jam after posting a first quarter loss thanks to rising costs from coffee tariffs. That is the

0:44.3

scorecard on Wall Street. Welcome to closing down overtime where winners stay late for Nvidia

0:48.4

earnings. I'm John Ford. Morgan Brennan is off today. Invidia is the big name we are

0:53.2

waiting this hour set to report at 20 minutes after the hour. That stock is off today. Invidia is the big name we are waiting this hour, set to report at 20 minutes after the hour.

0:57.0

That stock ahead of today, those numbers, is about flat down very slightly.

1:03.0

It's not the only company we're going to hear from, though.

1:05.0

We're going to be bringing you results from Snowflake, CrowdStrike, NetApp, Pure Storage,

1:10.0

and Pure CEO, Charlie Giancarlo, is going to join me after those results. But before he talks to analysts on the earnings call right now, though, let's start with the markets. Christina Parts of Nevelis, before we talk about NVIDIA, which we're going to talk about all hour. Let's talk about, I don't know, some other stuff. I know. to talk about something something else which is why i was excited because it's rare that i get to see or talk about any

1:30.8

software stock lately closing 30 percent seven percent higher especially this year when strong

1:36.0

beats and raises really just tend to fade quickly the next day take that confluent for example

1:41.0

it fell over 30 percent on lukewarm outlawed just recently, just a few weeks

1:45.3

ago after their report, but it's MongoDB that I want to focus on. Their quarter was

1:49.6

exceptional, according to Mizzouho, marking the second consecutive quarter of revenue growth

1:53.8

acceleration in their core Atlas business, so that's their cloud-based developer data platform.

1:59.7

And so analysts suggest this wasn't a short squeeze,

2:02.1

but rather real institutional buying from investors who had just overlooked this infrastructure

2:07.1

software name. Cybersecurity firm, ACTA, another name also raised its outlook on strong

...

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