24H | Snowflake Surges 23%, ServiceNow Rises 3%, NetApp Tumbles 8%

US Overnight
43 mins ago

In Thursday's overnight session, Snowflake rose 22.78%. The company delivered stronger-than-expected Q2 results and raised full-year guidance, while reiterating a path to GAAP profitability in fiscal 2028.

ServiceNow rose 2.79%. The stock rebounded after two sessions as the company expanded AI partnerships and secured fresh analyst upgrades.

Ciena rose 1.8%. The move followed a filing disclosing CEO Gary Smith’s sale of 2,952 shares.

NetApp fell 8.7%. Shares retreated despite an earnings beat, with profit-taking cited amid elevated expectations.

Hewlett Packard Enterprise fell 5.77%. Strong Q3 results and raised guidance were overshadowed by supply bottlenecks and potential dilution from Oracle-related warrants.

Broadcom fell 1.8%. The company beat expectations and highlighted AI accelerator shipments for key customers, while forecasting Q4 consolidated gross margin around 73%.

Among other individual movers, Planet Labs Pbc gained 3.10%.

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