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Snowflake Jumps, Tyson Foods Plunges, Campbell Slides | Stock Movers
Posted
September 3, 2026
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September 3, 2026
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4:18Now PlayingOn this episode of Stock Movers:
- Snowflake's (SNOW) shares jumped after the company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Product revenue in the year ending in January will be about $6.07 billion, beating the analysts’ average projection of $5.86 billion.
- Tyson Foods (TSN) plunged after the largest US meatpacker cut its full-year earnings forecast for the second time in a month because of increasing upheaval in the beef industry. The company's revised outlook shows annual adjusted operating income of $1.85 billion to $2.05 billion, driven by "significant margin compression" amid a severe cattle shortage.
- Campbell's (CPB) shares slide after the food company reported a worse-than-expected decline in 4Q organic sales, and gave a bleak forecast for 1Q and fiscal 2027. The company expects elevated cost inflation, and continued weakness in its snacks division.
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Snowflake Jumps, Tyson Foods Plunges, Campbell Slides
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