Snowflake Soars 34% on Amazon Deal and Strong Earnings

Snowflake's stock surged 34% following a strong earnings report that exceeded analyst expectations, bolstered by its partnership with Amazon Web Services. This positive earnings surprise has enhanced investor risk appetite, leading to increased capital flows into technology stocks, particularly those linked to cloud computing. Amazon, as a key partner, stands to benefit from Snowflake's growth, making its stock particularly exposed to this momentum. Traders will be closely watching upcoming earnings reports from other tech firms to gauge the broader market sentiment and potential ripple effects in the sector.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.