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How Snowflake’s $6B AWS Deal Sent Shares Soaring 30% as Asia Markets Retreat — Market Wrap May 28
Today's AI insights from 7horns.ai highlight a mixed global market tone with Snowflake surging 30% after-hours on a $6 billion AWS deal and strong Q1 results. Asian markets pulled back sharply, with Japan's Nikkei 225 down 0.47% and the Hang Seng off 1.4%, snapping a five-day winning streak. US futures pointed modestly lower, with Nasdaq 100 futures down 0.28%. In earnings, Nebius Group beat estimates with revenue up 684% year-over-year and surged 12.1% after hours following a hedge fund's stake disclosure. Marvell Technology posted a narrow beat with 63% revenue growth but saw a muted stock…
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