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U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.
Snowflake stock climbed 20% in early Thursday after adjusted earnings of 62 cents a share topped the 45-cent analyst consensus and revenue reached $1.55 billion.
Snowflake climbed 20% in early Thursday after adjusted earnings of 62 cents beat the 45-cent consensus. Revenue was $1.55 billion, up 35% from a year ago, and the company raised its outlook for the year.