Snowflake, Unusual Machines, Nvidia, and More Stocks That Explain the Market Today

The remained little changed while the and the tech-heavy Nasdaq Composite rose 0.6% and 0.8%, respectively, after Axios reported the U.S. and Iran have reached a peace deal that requires approval from President Donald Trump. Oil prices also pared earlier advances on the peace deal headlines. Snowflake stock surged 37% after fiscal first-quarter profit smashed Wall Street’s target, potentially dispelling fears that artificial intelligence would destroy its business.