"Snowflake (SNOW) earnings report indicated that management flagged some large consumer tech customers that have slowed consumption growth. SNOW stock should be a buying opportunity though shares are likely in the penalty box near term," says Derrick Wood. Regarding Workday (WDAY), Cowen has an outperform rating on the stock with a $220 price target. "There is a relationship between unemployment rates, job openings and the Workday (WDAY) stock. Their operating cash flow contraction before a declared economic slowdown is concerning," Kevin Green adds.