🟢 Tech ETF (WQTM) is trading 2.9% up in after-hours trading after Snowflake beats estimates

WQTM is trading 2.9% up after Snowflake reported fiscal Q2 revenue of $1.55 billion and adjusted EPS of $0.62, exceeding expectations.

• Expectations were $1.48 billion in revenue and $0.45 in EPS; Snowflake also raised guidance, supporting information-technology valuations.
• Broader risk appetite should support the September 4, 2026 technology-sector open; the Nasdaq gained 1.54%, Treasury yields declined, and investors favored growth stocks despite Middle East and oil-price risks.