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Drones poised for takeoff? US government plans to inject funds into multiple companies
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Discussing the software sector and drone-related stocks (FIG, SNOW, PLTR, ONDS)

Discussion on the software sector and drone-related concepts (FIG, SNOW, PLTR, ONDS)
Discussion on the software sector and drone-related concepts (FIG, SNOW, PLTR, ONDS)
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US AI cloud software provider Snowflake saw its stock surge by over 39% intraday on Thursday, hitting a high of $244.92 and closing at $239.20, still up 36.5%. The company had earlier announced a five-year procurement agreement with Amazon's cloud division AWS, valued at approximately $6 billion—did this news boost sentiment across the software sector?

Separately, reports indicate that the Trump administration is negotiating with several drone companies, planning to provide funding to selected firms to boost domestic production capacity and reduce costs. Drone concept stock ONDS rose more than 22% the following night.

Today, we'll spend 30 minutes discussing the software sector and drone-related stocks.

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Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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