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Snowflake shares surged 22% in extended trading after reporting revenue growth of 35% year-over-year and raising its full-year product revenue guidance amid momentum in its AI coding product.
Construction company Argan raised its quarterly dividend by 40% to $0.70 per share, marking its fourth consecutive annual increase, supported by record earnings and a robust project backlog.
The Bank of Japan is set to raise interest rates to a 31-year high on Friday, joining other major central banks in combating persistent inflation pressures driven by elevated oil costs.
Intel-backed chipmaker Altera filed confidentially for a US IPO, seeking to raise $2 billion and joining a surge in semiconductor and technology company public offerings in 2026.
A large Bitcoin holder transferred 1,604 BTC worth approximately $122.1 million hours before the Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%.
Salesforce projected over $63 billion in fiscal 2030 revenue, exceeding analyst estimates of $59.2 billion, while the software company highlighted AI integration initiatives at its Dreamforce conference.
