From Silicon to Snowflakes
Manage episode 451296027 series 3367197
In the premarket trading session on Thursday, U.S. stock futures and ETFs were in high spirits. The reason? Snowflake's fiscal Q3 results were a spectacle, with shares jumping over 24% as earnings and sales surpassed analyst predictions. This is a welcome respite after yesterday's slight disappointment with Nvidia. However, the broader market remains in a state of limbo. Investors are neither inspired nor inclined to sell off stocks, leaving the market in need of a boost. Meanwhile, Bitcoin is seizing the moment, climbing the charts with gusto.
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