WS #8372
No material new developments in the last 30 minutes. The tech earnings wave from earlier remains the dominant theme, with no counter-signals or de-escalation in geopolitical risks. The narrative arc is STABLE.
Key developments
- Snowflake beats Q1 estimates, surges 30% AH on $6B AWS commitment
- Meta tests paid subscription tiers across Instagram, Facebook, WhatsApp
- Salesforce beats Q1 estimates but full-year revenue guidance light, shares dip
- Marvell Technology beats Q1 estimates, raises guidance
- Synopsys beats Q4 estimates, adds activist Elliott to board
- HP beats Q2 estimates but cuts full-year GAAP profit outlook
- Israel orders evacuation of Tyre amid bombardment; India-Pakistan tensions escalate
- Fed's Cook signals rates on hold, prepared to hike if disinflation stalls