24H｜Nvidia Drops 3%; CrowdStrike Sinks 4%; Snowflake Jumps 13%; Pure Storage Surges 16%

Nvidia dropped 3.1% in overnight trading. The world’s most valuable company gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending. The data center unit, a division that’s now larger by itself than any other chipmaker, had sales of $41.1 billion. That compares with an average estimate of $41.3 billion.

$CrowdStrike$(CRWD) dropped 3.9% after reporting strong results but narrowly missing analysts’ estimates for sales in the current quarter, suggesting that the cybersecurity company remains in recovery mode after triggering a global computer outage last year.

Shares of NetApp were down 5.5% after the company logged lower profit in its latest quarter and backed its guidance for the full year.

Snowflake raised its forecast for fiscal 2026 product revenue on Wednesday, banking on strong demand for its data analytics services, as enterprises prioritize artificial intelligence spending. Shares of the company were up 13% in overnight trading.

Pure Storage raised its full-year guidance after logging improved results in its latest quarter, helped by continued growth in its subscription services segment. The shares surged 15.6% in overnight trading.