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via finance.yahoo.comMarkets

Twilio, JFrog, Fastly, Palantir and Snowflake shares rise in cloud and software rebound

FROM THE WIRE · FINANCE.YAHOO.COM

Twilio, JFrog, Fastly, Palantir Technologies, and Snowflake Shares Are Soaring, What You Need To Know What Happened? A number of stocks jumped in the morning session after retreating yields and dip-buying supported a relief rebound following the previous session's sharp…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe software and cloud rebound follows the prior session's drop, with concern about AI budgets crowding out software spending.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Several software and cloud stocks rose in the morning session.
  2. 02The rebound follows a pullback across cloud vendors tied to fears that AI budgets crowd out traditional software spending.
  3. 03The 10-year US Treasury yield receding supported dip-buying.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
JFrog Ltd.FROGStock91.00 USDMarket closedtoday +7.93%Positive Fastly, Inc.FSLYStock22.99 USDMarket closedtoday +2.31%Positive Palantir Technologies Inc.PLTRStock194.15 USDMarket closedtoday +4.36%Positive Snowflake Inc.SNOWStock315.35 USDMarket closedtoday +2.77%Positive Twilio Inc.TWLOStock257.29 USDMarket closedtoday +5.29%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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