Tag: NASDAQ:NTNX
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US Index Futures Drop Amid Rising Treasury Yields and Inflation Concerns, Oil Prices Increase
U.S. index futures are down in pre-market trading this Wednesday, after the Nasdaq Composite reached a new record in the previous session. Investors are focused on rising Treasury yields and increasing inflation concerns. As of 6:25 AM, Dow Jones futures (DOWI:DJI) fell 219 points, or 0.56%. S&P 500 futures dropped 0.56%, and Nasdaq-100 futures lost…
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Snowflake Stock Plummets 20.3% After CEO Transition; C3.ai, Okta, and Duolingo Surge Post-Strong Quarterly Reports, and More
Snowflake (NYSE:SNOW) – Snowflake’s shares plummeted 20.3% following the announcement of CEO Frank Slootman’s retirement, replaced by Sridhar Ramaswamy, former head of advertising at Google. Fourth-quarter sales rose 32% to $774.7 million, but operating losses widened to $275.5 million. The revenue forecast for the first quarter fell short of expectations. Okta (NASDAQ:OKTA) – Okta’s shares…
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Thursday’s Wall Street Highlights: UBS, Microsoft, Shopify, Salesforce, Okta and more
US index futures were mixed in premarket Thursday, with traders awaiting further US indicators and mulling over eurozone inflation data and UBS’s first earnings after the Credit Suisse acquisition. By 6:51 AM, Dow Jones (DOWI:DJI) futures were up 109 points, or 0.31%. S&P 500 futures were up 0.07% and Nasdaq-100 futures were down 0.11%. The 10-year Treasury yield…