Breakfast News: SNOW's Sunny Outlook
Snowflake's upbeat forecast, Nike and Amazon team up, Bitcoin breaks $111k, and more...
Source: Image Created by Jester AI.
Snowflake (NYSE: SNOW) surged over 9% in pre-market trading following a strong outlook for sales, with product revenue predicted to jump 25% in the coming quarter thanks to the benefits of recent product enhancements including Cortex AI.
Nike (NYSE: NKE) confirmed it will sell directly on Amazon (NASDAQ: AMZN) for the first time since 2019. The move is seen to help broaden the scope for sales for Nike, as it seeks to boost revenue as part of the broader strategy shift.
