Snowflake Stock Rises as Salesforce's Beat Lifts Enterprise Software
Snowflake shares are trading higher Thursday alongside Salesforce, which posted stronger-than-expected Q2 results and raised its FY outlook.
Salesforce did really well with its earnings report and made bigger promises for the future, which made people feel happier about similar tech companies like Snowflake. When one company in the same field does well, investors often think others might do well too.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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