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Jim Cramer says Nvidia and Salesforce earnings upended two bear narratives
Jim Cramer emphasized that strong quarterly earnings from Nvidia and Salesforce have upended major bearish narratives impacting both stocks. Following their respective earnings reports, Salesforce's stock surged by 22% while Nvidia jumped by 8%. Cramer noted that these results countered fears about AI's impact on revenue and business models, reviving investor confidence in both companies. The optimistic projections from Nvidia, in particular, indicate robust growth driven by AI demand, challenging previous market skepticism.
MonitorConfidence: HighShort term horizon
Published 27 Aug 2026, 22:55 UTC2 min read
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Summary
TL;DR
- Salesforce shares surged 22% after strong quarterly earnings.
- Nvidia's stock rose 8% following better-than-expected results.
- Cramer stated that bearish narratives around both companies have been debunked.
- Salesforce delivered its highest sales growth in four years.
- Nvidia's revenue growth outlook is significantly above Wall Street expectations.
Interesting facts
- Salesforce's partnership with AI firm Anthropic enhances its product offerings.
- Nvidia's diverse customer base includes hyperscalers and AI projects, mitigating risks from competitors.
- Amazon's order for Nvidia GPUs signifies ongoing demand for Nvidia's technology.