
Major U.S. stock indices experienced gains following a series of positive earnings reports from key technology companies. Salesforce ($CRM), Okta ($OKTA), Marvell Technology ($MRVL), and Pure Storage ($PSTG) all reported strong earnings, contributing to their stock prices rising significantly in after-hours trading. Notably, Salesforce saw a remarkable recovery, rising approximately 80% from a 52-week low hit in June, and reaching a new 52-week high in after-hours trading. Analysts noted that three of the four companies with revenues exceeding $500 million reported triple plays, with all four stocks trading up over 10%. The Nasdaq also hit a new high, buoyed by these developments, while other companies like Nvidia ($NVDA) and Meta ($META) also contributed to the positive market sentiment.


Stocks at records. Movers: Salesforce, Pure Storage, Marvell, more https://t.co/fOIjvO4iQI
Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more https://t.co/QAZWirVAOK
Major US stock indices climb as Dow Jones, S&P 500, and NASDAQ all see gains. NVIDIA enters buy zone while Marvell stock surges following earnings announcement. Salesforce and Okta also see an increase in value. $NVDA $OKTA $CRM $DOW