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Snowflake (SNOW) fell 9% in pre-market trading after quarterly results indicated slower revenue growth and pressure on operating profit margins. The company's CEO highlighted the benefits of AI products, but the financial outlook raises concerns about profitability. Meta (META) is set to face an EU probe regarding WhatsApp AI features, while Pure Storage (PSTG) plummeted 27% despite beating expectations due to vague management strategy. Ulta Beauty (ULTA) will release earnings following the market close, with investors hoping sales will continue to jump.
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