After-Hours Movers: NVIDIA, Snowflake, Palo Alto Networks, and More

Post-Session Stock Movements: NVIDIA (NASDAQ:NVDA) shares fell 2.3% despite exceeding consensus estimates for its third-quarter results and guidance. CEO Jensen Huang stated that the AI revolution is moving "at full speed" and that demand for Hopper and expectations for Blackwell are "incredible." Snowflake (NYSE:SNOW) surged 18% after reporting strong third-quarter results and guidance. Additionally, Snowflake and Anthropic signed a multi-year strategic partnership to offer Anthropic's industry-leading Claude models to customers on Snowflake Cortex AI. Palo Alto Networks (NASDAQ:PANW) dropped 5% after issuing guidance that fell short of expectations, despite beating first-quarter earnings and revenue estimates. Palo Alto Networks also announced that its board approved a two-for-one split of the company's existing common stock. Jack in the Box (NASDAQ:JACK) fell 5% after its fourth-quarter revenue failed to meet consensus estimates. Same-store sales in the fourth quarter of 2024 decreased by 2.1%, driven by a 2.2% decline in company-operated same-store sales and a 2.0% decrease in franchise same-store sales.