Lending News Today — August 28, 2026

LendingNews newsroom brief · 58m ago · 1 min read · via LendingNews

Marvell Technology shares slump as investors question Google deal. Here’s what Wall Street is saying. and more — today's lending signal.

The market is reacting to a mix of earnings reports and business developments today. On one hand, companies that have delivered strong earnings or made progress in their monetization strategies are seeing their stocks rise, with Nvidia and CrowdStrike jumping significantly after releasing blockbuster earnings reports. Nvidia's 9% surge is particularly notable, as its results seem to have boosted confidence in the AI sector. Meanwhile, OpenAI's move to roll out ads on select ChatGPT plans in India is another example of a company exploring new ways to generate revenue.

On the other hand, not all companies are faring as well. Marvell Technology's shares are slumping as investors question the company's deal with Google, while Foot Locker is struggling to clear out old inventory and regain its footing as a retail destination. Even companies outside the tech sector are feeling the heat, such as Good Good Golf, which is facing fallout from a recent ad controversy that's led to the loss of a major partnership and delayed airings on the Golf Channel. Overall, today's market movements reflect a range of outcomes for companies navigating changing market conditions and trying to stay ahead of the curve.

Today's signal:
• Marvell Technology shares slump as investors question Google deal. Here’s what Wall Street is saying. (marketwatch.com)
• OpenAI rolls out ads on select ChatGPT plans in India to boost monetization, support wider access (cnbc.com)
• CrowdStrike’s stock jumps after record-breaking earnings. Wall Street is lapping it up. (marketwatch.com)
• Good Good Golf ad fallout deepens as Callaway ends partnership, retailers pull gear and Golf Channel delays show (marketwatch.com)
• Nvidia jumps 9% after blockbuster earnings boost AI confidence (cnbc.com)
• How Foot Locker went from a sneakerhead destination to a store struggling to get rid of old shoes (marketwatch.com)

Originally reported by LendingNews. LendingNews curates and briefs the finance & markets stories that matter. Our editorial policy →
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