Up:

Salesforce's Price Target Lifted by Oppenheimer (+6%)

Salesforce (CRM) shares surged as much as 8.91% to $250.88, and are now up 6%, after Oppenheimer adjusted the company's price target to $275 from $250, maintaining an Outperform rating. The stock's rise is also attributed to Salesforce's reported fiscal Q3 non-GAAP diluted earnings of $2.11 a share, up from $1.40 a year earlier, surpassing analysts' expectations of $2.06. The company's upward revision of its profit forecast and anticipation of Q4 revenue between $9.18 and $9.23 billion, in line with the consensus, have contributed to the positive investor sentiment.

Snowflake's Earnings Melt Investor Concerns (+3%)

Snowflake (SNOW) experienced a 6% increase after reporting fiscal Q3 non-GAAP diluted earnings of $0.25 per share, up from $0.11 a year earlier, and exceeding analysts' expectations of $0.16. It's now up 3%.The company's forecast for fourth-quarter product revenue above Street estimates, driven by artificial intelligence demand, has also buoyed the stock. Analysts at Oppenheimer and TD Cowen have expressed optimism about the stock, with Oppenheimer raising the price target from $220 to $240 and TD Cowen adjusting it from $205 to $215.

Snap Inc. Gets a Boost from Jefferies Upgrade (+5%)

Snap Inc. (SNAP) shares rose after Jefferies upgraded the social media firm to "buy" from "hold," with a price target increase to $16 from $12. The upgrade reflects a more favorable view of the company's prospects.

VinFast Revs Up on COP28 Participation (+19.9%)

VinFast Auto (VFS) announced its participation in the COP28 summit, where it will showcase its VF 9 Electric Vehicle (EV). This announcement has positioned VinFast as a proactive player in the EV market, potentially influencing investor sentiment.

Down:

Pure Storage Faces a Slippery Slope (-12%)

Pure Storage (PSTG) saw its shares decline by as much as 16%, and are now down 12%, after the company issued fiscal Q4 and fiscal 2024 revenue guidance that fell short of analysts' estimates. Despite reporting fiscal third-quarter earnings that beat Wall Street expectations, with net income of $70.4 million and adjusted earnings of 50 cents per share, the company's revenue outlook has tempered investor enthusiasm.