The markets open higher today adding to Wednesday’s rally. 10 out of 11 S&P 500 sectors are up. JJ Kinahan weighs in on the skittish stock market price activity and the movement in Crude Oil Futures (/CL). Also, Snowflake (SNOW) stock is trading lower today after earnings. The SNOW earnings report indicated -$0.43 in EPS and $383.8M in revenue. How does Snowflake compare to other cloud stocks like Zscaler (ZS), Workday (WDAY), and Twilio (TWLO)? Next, Kinahan discusses Okta Inc. (OKTA) earnings data that showed -$0.18 in EPS and $383.01M in revenue. The OKTA stock price is also down today. Finally, Kroger (KR) earnings report beat estimates and the KR stock is trading higher. Tune in for the full discussion.
03 Mar 2022