Snowflake bounces as investors cheer on bullish forecasts

Snowflake Shares jumped 20% after the data software company’s earnings and guidance were well received by Wall Street.

Palo Alto Networks Shares are falling nearly 5% after the cybersecurity company reported earnings that beat estimates but provided guidance that left investors unimpressed.

Shares in Microstrategywhich has already surged 100% over the past month as the company builds its bitcoin treasure trove, is gaining 9%, setting a new record as the price of bitcoin approaches $100,000.

Baidu U.S.-listed shares fell nearly 3% after the Chinese search company reported third-quarter revenue fell 3% from a year earlier.