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2 Cloud Stocks Rising Up on Friday

Dan Caplinger, The Motley Fool
·3-min read
2 Cloud Stocks Rising Up on Friday

The stock market got a bit of unexpected news early Friday that sent stock index futures sharply lower before the start of trading on Friday morning. The latest government employment report showed stronger job growth than many economists had expected, and that threw cold water on the idea that the Federal Reserve might quickly slow its pace of interest rate hikes. In particular, stocks of cloud companies UiPath (NYSE: PATH) and Samsara (NYSE: IOT) were up significantly after they released their latest financial reports.

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