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Friday, September 4, 2026 · UTC
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Mixed Premarket: Snowflake, Five Below Jump on Earnings; Ultragenyx Plunges on Drug Miss

Snowflake and Five Below surged on strong earnings, while Ultragenyx plunged on a failed trial, in mixed premarket trading.

TruthFoundry Desk
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As of 2026-09-04 16:11 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Snowflake announced on the day of the report that its fiscal second-quarter adjusted earnings were 62 cents per share, beating the 45-cent estimate, and that revenue reached $1.55 billion, up 35% year over year, with product revenue up 37% to $1.49 billion, leading its shares to jump more than 23% in premarket trading. [1] Ultragenyx announced that its drug apazunersen failed to meet the primary goal in a late-stage trial for Angelman syndrome, showing no meaningful improvement in cognitive ability compared with placebo, and its shares plunged over 44% in premarket trading; the company said it is reviewing the future of the program. [2] According to HPE, an unauthenticated attacker could exploit the critical flaws by sending crafted packets to the vulnerable service, achieving remote code execution with elevated privileges. [3] Hewlett Packard Enterprise (HPE) released patches for 34 CVEs in the Aruba Networking ArubaOS-CX (AOS-CX) platform, including critical-severity remote code execution (RCE) flaws. [4] Nearly two dozen issues, tracked collectively as CVE-2026-73749 with a CVSS score of 9.8, were addressed with the updates, according to HPE. [5] In pre-open trading on the day this article was published, Hewlett Packard Enterprise (HPE) stock fell 5.6% to $48.93, reflecting a mixed post-earnings reaction. [6] Snowflake raised its fiscal 2027 product revenue guidance to $6.07 billion from its prior forecast of $5.84 billion, after posting a third straight quarter of accelerating product revenue growth. [7] HPE's advisory says the updates also resolve 22 high-severity CVEs and 11 medium-severity CVEs, with potential impacts including denial-of-service, remote code execution, arbitrary command execution, arbitrary script code execution in a victim's browser, authentication bypass, privilege escalation, information disclosure, access controls bypass, and arbitrary file reads. [8]
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  1. Snowflake announced on the day of the report that its fiscal second-quarter adjusted earnings were 62 cents per share, beating the 45-cent estimate, and that revenue reached $1.55 billion, up 35% year over year, with product revenue up 37% to $1.49 billion, leading its shares to jump more than 23% in premarket trading. · Investing.com
  2. Ultragenyx announced that its drug apazunersen failed to meet the primary goal in a late-stage trial for Angelman syndrome, showing no meaningful improvement in cognitive ability compared with placebo, and its shares plunged over 44% in premarket trading; the company said it is reviewing the future of the program. · Investing.com
  3. According to HPE, an unauthenticated attacker could exploit the critical flaws by sending crafted packets to the vulnerable service, achieving remote code execution with elevated privileges. · SecurityWeek
  4. Hewlett Packard Enterprise (HPE) released patches for 34 CVEs in the Aruba Networking ArubaOS-CX (AOS-CX) platform, including critical-severity remote code execution (RCE) flaws. · SecurityWeek
  5. Nearly two dozen issues, tracked collectively as CVE-2026-73749 with a CVSS score of 9.8, were addressed with the updates, according to HPE. · SecurityWeek
  6. In pre-open trading on the day this article was published, Hewlett Packard Enterprise (HPE) stock fell 5.6% to $48.93, reflecting a mixed post-earnings reaction. · Investing.com
  7. Snowflake raised its fiscal 2027 product revenue guidance to $6.07 billion from its prior forecast of $5.84 billion, after posting a third straight quarter of accelerating product revenue growth. · Investing.com
  8. HPE's advisory says the updates also resolve 22 high-severity CVEs and 11 medium-severity CVEs, with potential impacts including denial-of-service, remote code execution, arbitrary command execution, arbitrary script code execution in a victim's browser, authentication bypass, privilege escalation, information disclosure, access controls bypass, and arbitrary file reads. · SecurityWeek
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