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U.S. stocks ended the week mixed after August jobs data beat expectations, with employers adding 162,000 positions and unemployment holding at 4.1%, boosting bets the Federal Reserve could raise rates in September.
The T-Rex 2X Long SNOW Daily Target ETF surged after Snowflake rose more than 22% on a strong fiscal second-quarter report and raised fiscal 2027 product revenue guidance.
Snowflake beats earnings expectations, plans to spend $6 billion on Amazon cloud services. The company will use Amazon's Arm-based Graviton chips.