Nvidia's 70% Guide Lifts Overnight ES Toward 7,715

As flagged in Wednesday's evening review, Nvidia did the numbers and the first print sold off. The call flipped that. Overnight E-mini futures sit near 7,715, about 40 points above Wednesday's 7,675.70 cash close, after the chipmaker held a 108 billion dollar third-quarter outlook and guided fiscal 2028 revenue growth to about 70 percent. Cash is still shut. West Texas Intermediate is near 81.50 dollars as Iran and Oman talk a Hormuz revenue share. Spot gold holds near 4,605 dollars. Bitcoin is near 78,800 dollars. Catch up: Wednesday's analysis. This is the morning scorecard, not an instruction.

The Setup: Futures Bid After Wednesday's Flat Close

Treat the S&P reference as Wednesday's close plus a firmer overnight futures print. The S&P 500 finished Wednesday at 7,675.70, down 0.02 percent, short of last Wednesday's 7,707.98. The Nasdaq Composite closed at 26,130.20. The Dow closed at 53,463.88. E-mini S&P 500 futures are near 7,715 as of about 08:00 UTC, labeled here as overnight futures, after an after-hours spike to 7,721.25 (Benzinga at 9:22 p.m. Eastern). Nasdaq-100 futures printed 29,489.75 in that window, up 0.68 percent. Dow futures printed 53,701. The VIX closed Wednesday at 15.21. US cash is still closed.

Story of the Day: Nvidia's 70% Guide Flips the Tape

The beat was never the question. Fiscal Q2 revenue was 96.22 billion dollars versus about 92.2 billion expected, up 106 percent year over year. Adjusted EPS was 2.22 dollars versus about 2.09. Data-center revenue was 89 billion versus about 85.4 billion. Shares still closed cash at 209.66 dollars, down 1.59 percent, then slipped again when the release hit. The reversal came on the call. CFO Colette Kress said the company expects about 70 percent revenue growth in fiscal 2028, against a Street cluster near 45 percent, and held third-quarter revenue at 108 billion dollars, plus or minus 2 percent, versus about 104 billion expected. Gross margin is seen at 74 percent next quarter, a tick down from 75 percent in Q2, which is why the first print sold off. Jensen Huang said "compute is revenue." Amazon Web Services plans to deploy 2 million additional Nvidia GPUs. Benzinga had shares up 4.71 percent after hours near 219.50 dollars. Salesforce jumped about 13 percent after hours. CrowdStrike gained about 10.5 percent.

Oil Holds the Slide as Hormuz Talks Deepen

The Hormuz premium is still coming off. Iran's Revolutionary Guard said Tehran and Oman reached a revenue-sharing understanding on the strait, a step past Tuesday's "interim framework" for a temporary corridor and mine clearance. Iran also warned that a reopen will take more than a deal with Oman. Qatar's prime minister travels to Tehran today. West Texas Intermediate is near 81.50 dollars, softer than Wednesday's 82.23 settlement. MarketWatch printed 81.34 dollars at 06:23 UTC, down 1.08 percent. The Economic Times had 81.67. Brent is near 87.20 dollars. Wednesday's session low of 79.62 was not retested overnight. Traders watching that low as the first support shelf. These are observations, not instructions.

Gold Holds Near $4,605 Into Jackson Hole

The metal is little changed overnight. Spot gold is near 4,605 dollars (TradingView 4,604.260 as of August 27). Gate printed 4,599.86 at 07:02 UTC. GoldPriceTicker clustered at 4,603 around 07:20 UTC. The session range has been about 4,591 to 4,643, well below this week's 4,697 spike. CME FedWatch still has a better than 60 percent chance of a September hold even after headline PCE stuck at 3.7 percent. Jackson Hole opens today. Chair Kevin Warsh's first keynote is Friday at 14:00 UTC. Traders watching 4,602 as the first support shelf. A break of 4,513, the 200-day reclaim, would weaken the structure. Docket: week-ahead note.

Crypto Check: Bitcoin Holds $78,800 After Nvidia

Digital assets did not chase the after-hours equity bid. Bitcoin is near 78,800 dollars (TradingView 78,806, CoinMarketCap about 78,660 at 05:07 UTC), little changed from Wednesday evening's 78,350 and still well below Tuesday's 81,235 high. Ether is near 2,490 dollars (TradingView 2,491.9, Investing.com 2,487.60), a modest lift from Wednesday evening's 2,470. Bullish trigger for Bitcoin remains a hold above 80,000 dollars, then a reclaim of Tuesday's 81,200 area. Bearish trigger: a slip through 75,000. These are technical reference points, not instructions.

What's Next: Jobless Claims, Jackson Hole Day 1, Warsh Friday

Thursday is digestion. Initial jobless claims print in the US morning. Revised University of Michigan inflation expectations follow at 14:00 UTC. Before the open, Best Buy, Dollar General and Dollar Tree report. Jackson Hole opens today; Warsh does not speak until Friday. Three scenarios frame the open, not a recommendation. In a Nvidia-follow-through path, cash opens toward last Wednesday's 7,707.98. In a fade-the-guide path, after-hours gains leak and Wednesday's 7,657.41 low comes back into view. In a Hormuz-deal path, oil stays heavy under 82 dollars. Traders watching 7,707.98 as the bullish trigger for the S&P, 7,657.41 as the bearish trigger, and a break of 7,600 as invalidation of the Friday-repair tone. Calendar: calendar.

For live prices across crypto, equities, gold and oil, see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. The S&P 500, Nasdaq and Dow figures are Wednesday, August 26, 2026 cash closes; E-mini futures, gold, oil, Bitcoin and Ether are live as of 08:00 UTC on August 27, 2026.