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Dominos Stock Rises $13.05 to $345.10

Notable gainers among liquid option names this morning include Dominos (DPZ) $345.10 +13.05, Applovin (APP) $324.00 +11.37, Salesforce (CRM) $260.82 +8.77, Las Vegas Sands (LVS) $45.47 +1.23, and General Mills (GIS) $41.53 +1.09.

Nvidia's Strong Earnings Boost Tech Stocks

Eight out of 11 S&P 500 sectors finished the day in the red on Thursday, and yet the benchmark index registered a positive session thanks to broad-based strength seen across the Technology sector.  Consumer names - cyclical and staples - were the worst performing areas of the market, followed closely by the recent out-performer Healthcare.Nvidia'searnings and constructive outlook for next year reported overnight re-established the AI capex buildout as the dominant theme driving market sentiment, sending shares of the preeminent chip designer up 9% to its highest level since the first week of June.  Concurrently, blowout earnings out of Salesforce, along with the company's announcement of a deeper partnership with Anthropic, strained the bearish thesis of a "SaaS-pocalypse" that has haunted enterprise software space since early weeks of this year.For quite some time, Software stocks have traded antithetically to the pro-AI-capex areas of the market - semiconductors, semi equipment, memory, and hardware - yet today, the two themes surged in step.  iShares Software Sector ETF (IGV) was up nearly 8% on the day, rising to its best levels of the year.  In turn, the popular proxy Semiconductor ETF- where Nvidia holds a  20% contribution - was up over 3% on the day.In the opening hour of the evening session, S&P e-minis are down 0.2% while Nasdaq Composite is off by 0.3%, with Thursday's positive sentiment somewhat diffused by relatively in-line results from Marvell Technology.  Traders are also on edge heading into Friday's Jackson Hole address by Kevin Warsh, with markets preparing to dissect the speech for clues on the new Fed Chair's thinking about persistent inflation, resilient labor market, and the recent pressure in the longer-dated Treasury market.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Elastic N.V.up 20.4%The Gapup 14.7%Affirm Holdingsup 8.8%Workdayup 0.3%DOWN AFTER EARNINGS -LifeVantagedown 9.9%IREN Limiteddown 7.4%Marvell Technologydown 5.9%Rubrikdown 5.9%Autodeskdown 5.0%SentinelOnedown 3.9%Ulta Beautydown 3.0%PagerDutydown 1.8%

Nvidia's Quarterly Report Drives Tech Stocks Higher

Stocks finished the day broadly higher after Nvidia's upbeat quarterly report and outlook for 70% revenue growth for next fiscal year led a rally among other notable tech firms. Salesforce's "beat and raise" report and its collaboration with Anthropic also supported its shares and the indexes.Traders are now looking to Jackson Hole with Fed Chair Kevin Warsh scheduled to deliver his keynote speech Friday at 10 a.m. ET. Investors will be looking for clues about whether the Fed views persistent inflation as a reason to keep rates higher or whether weakening labor-market conditions could eventually justify easing.Additionally, the Trump administration has told mediators it has no interest in going back to the terms of the memorandum of understanding it reached with Iran in June, people familiar with the matter told The Wall Street Journal. Oil prices surged nearly 2% after the news, as The Journal noted that Trump is willing to wait and see if a policy of squeezing Iran economically bears fruit.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiareported, provided an upbeat outlook, and reportedly agreed to acquire Hugging Face for $12.9BSalesforceprovided aand announced its "Claudeforce" collaboration with AnthropicHP Inc.also provided aBest Buyreportedand raised its guidance for FY27Dollar Treeand Dollar Generalboth provided2. WALL STREET CALLS:First Solarto Outperform at BMO Capital after 16% pullbackCelsiusto Hold at Deutsche BankInteractive Brokerswith a Market Perform at Raymond JamesEverpureto Buy at BofA with more growth to comeCitiAbercrombie & Fitchon valuation after 36% rally3. AROUND THE WEB:Anthropic is weighing allowing its existing shareholders sell some stock in its blockbuster IPO while also mulling longer-than-usual lockup periods for sales after it goes public, The Information reportsBPis in talks to sell some of its upstream oil and gas assets in Egypt to Energean, Reuters saysTrian is no longer preparing a take-private bid for Wendy's, Reuters reportsThe Trump administration has struck data-sharing deals with OpenAI, Google, Meta, Amazon, and other tech companies to track how AI is affecting jobs and hiring, Axios saysMetahas quietly become one of Anthropic's largest customers, potentially spending up to $10B annually on its AI models despite publicly criticizing the company, NY Times reports4. MOVERS:Oktaincreased after, providing guidance for Q3, and raising its outlook for FY27Veevagained afterand raising its outlook for FY27Tenablewas higher afterin S&P SmallCap 600Hormel Foodsfell afterand narrowing its guidance for FY26Modernawas lower after announcing a5. EARNINGS/GUIDANCE:Burlington Stores, provided guidance for Q3, and raised its outlook for FY26Build-A-Bearand lowered its guidance for FY26Titan Machineryand backed its guidance for FY27HealthEquityand backed its guidance for FY27, with CEO Scott Cutler calling it "a record-setting second quarter"Canadian Solar, with EPS missing consensusINDEXES:The Dow rose 105.56, or 0.20%, to 53,569.44, the Nasdaq gained 411.16, or 1.57%, to 26,541.35, and the S&P 500 advanced 55.29, or 0.72%, to 7,730.99.