OppHub America Desk · · Source: yahoo-tickers-tape-movers
Nvidia, Software Stocks Show Buy Signals Amid Fed Watch
While broad market futures indicate a pullback, several software stocks are displaying technical buy signals. Investors may monitor names like Salesforce (: ) and CrowdStrike (N: ) for potential upside based on these chart patterns. Additionally, Intel (N: ) has shown a notable gain, suggesting a potential shift in sentiment for semiconductor equities.
Based on reporting from yahoo-tickers-tape-movers.
Amidst anticipation of Federal Reserve Chair Kevin Warsh's speech, several software stocks have presented buy signals. Nvidia, despite a post-earnings breakout, did not lift other market participants, while other tech names are showing technical strength.
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$XLKTechnology Select Sector
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Market watchers are observing technical buy signals emerging in several software stocks, even as attention turns to a looming speech from Federal Reserve Chair Kevin Warsh. While Nvidia (NASDAQ: NVDA) experienced a breakout following its earnings report, its momentum did not translate broadly across the sector. However, other technology companies are flashing positive indications on their charts, suggesting potential opportunities for traders.
### Story Arc / How We Got Here
This follows our earlier coverage ([US Urges Allies to Back Plans to 'Squash' Iran Economy](/explore/global-risk-us-urges-allies-to-back-plans-to-squash-iran-economy)) on 2026-08-20. U.S. Treasury Secretary Scott Bessent is calling on international partners to support Washington's strategy to "squash" Iran's economy. The push aims to increase economic isolation on Tehran, with further details slated for an August 24 press conference. The intensified pressure is intended to reduce the need for military conflict. · Defense spending: Budget and contract news often move primes, software peers, and defense ETFs.
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Based on reporting from yahoo-tickers-tape-movers.
Informational and educational only — not investment, financial, or legal advice. Disclosure
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